Acquire or refinance
Review current income, expenses, debt and the capital required to proceed.
Multifamily financing · Ontario
Financing for your apartment building and the work ahead.
We help finance apartment-building purchases, refinancing, renovations and construction. The building’s income, the capital you can contribute and the work ahead all shape the financing assessment.
Discuss your apartment-building project ↗
The building and the project
Plan the financing across the life of the project.
Separate the building’s current results from your assumptions about future rents or completed improvements. Then consider when you need funding and what the property must carry along the way.
Carry out the work
Account for the project budget, timing and costs while work is underway.
Operate the building
Review the intended rental operation and the financing that would support it.
Match the funding to the timingA project budget and money available when a bill is due are different things. We assess both.
Your transaction
Start with what you want to do with the building.
Buying a building
Assess the purchase and its financing.
We review the purchase plans, available capital and the building’s rental income and operating costs. An early discussion helps identify the information needed for a financing assessment.
Property you already own
Review what a change would achieve.
We compare the existing borrowing with your objectives for payments, capital or planned improvements, including the costs of changing the financing.
Renovation and repositioning
Consider the work and the rental operation together.
Bring the proposed scope, budget and timeline. We review the funding needs alongside current income and the assumptions behind the intended improvements.
A new rental project
Discuss the funding before construction starts.
We need to understand the site, project scope, budget, approvals and your available capital. The financing assessment should cover the work ahead and the intended completed building.
One financing path to assess
Could MLI Select fit your project?
CMHC’s MLI Select links mortgage-insurance incentives to commitments in affordability, energy efficiency and accessibility. We consider the commitments and the project together when assessing whether this path is suitable.
Read our MLI Select guide →Prepare your financing discussion
Bring the building’s numbers into view.
Start with the property’s location, transaction purpose and key dates. Rent, expenses, current debt and the proposed work help us identify the next information to request.
Interactive calculator
Model an apartment-building financing scenario
Explore the calculator’s financing estimates and assumptions. It does not assess construction draws or approve a project.
Open the calculator →Resource
Multifamily Financing Toolkit
Request the toolkit to help organise your building and financing information.
See the toolkit →Financing guide
Understand MLI Select
Review the programme’s purpose and the commitments involved.
Read more →Talk to Streetwise
Tell us what you are planning.
Share the property’s location, what you want to do and any important dates. You do not need financial documents to get in touch.