Canada ICI arranged funding under the CMHC MLI Select construction program of a 10‑unit purpose‑built rental development in Toronto, Ontario. This six‑storey building will feature high-quality, energy-efficient rental housing with spacious suites, condo-style finishes, in-suite laundry, and elevator service. The development supports gentle densification in a well‑established urban neighbourhood, with strong access to transit, parks, and retail—reflecting CMHC’s commitment to livability and sustainability.

10
Number of units
8740
Total square footage
6
Number of floors

Canada ICI arranged CMHC-insured construction financing for the Chelsea Creek Project, comprising four identical three-storey multi-family residences in Old Chelsea. This development features a total of 72 housing units, with each building offering 18 units. The unit mix includes one and two-bedroom layouts, with an average size of 992 square feet, secured under the MLI Select program.

4
No. of buildings
72
No. of units
17859
Size per building (square feet)
3
No. of storeys

Canada ICI arranged a CMHC-insured construction loan under the MLI Select program for a new multi-residential development in Winnipeg, Manitoba. Expected to commence construction in spring 2025, this 4-storey building will feature 32 units, including 8 one-bedroom (4 affordable) and 24 two-bedroom units, with an average size of 752 square feet and an underground car park.

32
No. of units
4
No. of storeys

Canada ICI arranged CMHC MLI Select Acquisition funding for Skyline Apartments, a 12-unit multifamily building located in Whitecourt, Alberta. This property offers a diverse rental base with two- and three-bedroom suites.

12
No. of units

Canada ICI arranged CMHC-insured financing for the refinance of a 22-unit multi-family property in Prince Albert, Saskatchewan. This two-storey townhome building offers private entrances, grass yards, and a surface parking lot. It is situated in the West Hill neighbourhood, which features a blend of single- and multi-family developments alongside essential community amenities like schools, parks, and community centres.

22
No. of units

Canada ICI arranged first mortgage financing for the purchase of Raven Thorpe Manor, a 12-unit apartment building in the Riverside Meadows neighborhood of Red Deer, Alberta. Built in 1973, this well-maintained property is centrally positioned, offering convenient access to major arterial routes, city amenities, schools, parks, retail, and transit.

12
No. of units

Canada ICI arranged CMHC financing for a 10-unit multifamily property in Edmonton, Alberta.

10
No. of units

Canada ICI arranged a CMHC-insured construction loan under the MLI Select program for a multi-family rental development in the Old Ottawa East neighborhood. This development consists of two wood-framed buildings, totaling 8,436 square feet, and features a mix of one-bedroom and three-bedroom units, providing modern, affordable housing close to downtown Ottawa.

2
No. of Buildings
3
No. of storeys
12
No. of units
8436
Size (square feet)

Canada ICI arranged a CMHC-insured construction loan under the MLI Select program for 148 Goulburn, an 8-unit multi-family rental development. This project features one wood-framed building totaling 6,412 square feet, offering a mix of two-bedroom and three-bedroom units. Located in the Sandy Hill neighborhood, 148 Goulburn provides modern, affordable housing close to key amenities and downtown Ottawa, achieving a 100-point MLI Select score.

8
No. of units
3.5
No. of storeys
6412
Size (square feet)

Canada ICI arranged the successful CMHC-insured construction loan under the MLI Select program for a new multi-family rental development. This 9-unit project comprises one wood-framed building totaling 8,080 square feet, featuring a mix of one-bedroom, two-bedroom, three-bedroom, and four-bedroom units. Achieving a 100-point MLI Select score, the development, located in the Heron Park neighborhood of Ottawa, delivers modern, affordable housing within proximity to key amenities and downtown.

3.5
No. of Storeys
9
No. of Units
8080
Total Leasable Area