Canada ICI arranged first mortgage financing to facilitate the acquisition of two apartment buildings in Winnipeg, Manitoba.

The subject properties are located next to each other along Ruby Street and Westminster Avenue in the Wolseley neighbourhood at the city’s west end.

Wolseley is known for its grassroots history, local architecture, historical buildings and artsy shops. Both buildings, featuring nine units and 3.5 storeys tall, have a charming and solid presence, complete brick/Tyndall stone accented exterior, and wrought iron fencing bordering the street exposure.

9
No. of units
3.5
No. of storeys

Canada ICI arranged first mortgage financing to facilitate the refinance of an apartment building in London, Ontario.

Pineridge Place is a 12-story “L”-shaped concrete apartment comprising 201 rental units. Situated in the western part of the city, Pineridge Place is surrounded by a mix of low- to high-density residential developments and a robust concentration of commercial establishments.

201
No. of units
12
No. of storeys

Canada ICI arranged a mid-construction refinance and conversion from condominium to purpose-built rental. Tresah West will be positioned as a 179-unit mid-rise non-combustible structural steel construction rental asset in the core of Victoria, setting a new standard for rental accommodation.

179
No. of units

Canada ICI arranged CMHC-insured construction financing for West Summit Apartments, a two-building, 246-unit apartment complex in Victoria, British Columbia.

Building A will have eight storeys, and Building B will have six. The subject site is in the Bear Mountain neighbourhood in Victoria, located just minutes from Downtown offers an idyllic natural setting with golf clubs, an impressive mountain biking and hiking trail network, an indoor/outdoor clay tennis court centre, shopping, and restaurants.

246
No. of units
2
No. of buildings

Canada ICI arranged the funding of a 30-unit multifamily building in Westboro, Ottawa. The project was conventionally financed with a fund proprietary to Canada ICI that allows for financing up to 85% loan to cost.

30
No. of units

Canada ICI arranged the CMHC Select Completion Take-out Financing on a 59-unit residential building in Winnipeg, Manitoba. The building features affordable housing, positively impacting the local community.

59
No. of units

Canada ICI facilitated CMHC-insured financing for the purchase of a six-storey wood-frame apartment building in Fort St. John, British Columbia. Built in 2015, Hillcrest Village features 78 residential units.

78
No. of units
6
No. of storeys

Canada ICI successfully arranged funding for a 12-storey condo building in Toronto, Ontario. The Yorkwoods Condos will feature 190 high-quality units conveniently located within a three-minute walk of Metrolinx’s new Finch West LRT stop.

190
No. of units
12
No. of storeys

Canada ICI arranged an MLI Select construction loan for a 172-unit apartment building in Kitchener, Ontario. This project supports the City of Kitchener’s commitment to affordable housing, with Mayor Berry Vrbanovic’s direct support ensuring 18 affordable units for the community.

172
No. of units

Canada ICI facilitated CMHC-insured construction financing for a three-story, seven-unit apartment building in Winnipeg, Manitoba. Located in the desirable Crescentwood neighbourhood, this property is near Corydon Avenue and Academy Road, home to numerous restaurants, supermarkets, boutiques, schools, hospitals, and churches. This building features easy access by both personal and public transportation.

7
No. of units
3
No. of storeys