Successful Placement – Tri-plex Rental

$1.68M

Loan Amount

1st

Loan Position

Term

Loan Type

80%

Loan-to-Value

3 years

Term

COL Mortgage Corporation is proud to have successfully arranged a $1,680,000 first mortgage to support the refinancing of a residential tri-plex rental property in Toronto, Ontario.

 

Through a tailored financing approach, we delivered an alternative bank solution that unlocked meaningful liquidity for the borrower while maintaining a competitive interest rate and extended amortization aligned with the property’s stable cash flow. This transaction highlights our ability to source efficient, asset-backed financing solutions that meet the evolving needs of residential rental owners in a challenging lending environment.