Canada ICI arranged CMHC-insured term financing for a 61-unit rental apartment called Garrison Watch in downtown Halifax on behalf of an institutional client. The property is well positioned in the downtown core of the Halifax Peninsula, along Sackville Street.
Residents will enjoy downtown Halifax’s dining and entertainment amenities, are a short walk away from several parks and the waterfront.
Canada ICI arranged CMHC-insured term financing for a 45-unit rental apartment in downtown Halifax on behalf of an institutional client. The property is located in the downtown core of the Halifax Peninsula, along Brunswick Street.
Canada ICI arranged land financing for a 1.57-acre parcel in Guelph, Ontario. The structure provided working capital for the pre-development of an 8-storey, 110-unit purpose-built rental project at the intersection of Gordon Street and Arkell Road. The new development, close to the University of Guelph, will have a mix of bachelor, one-bedroom and two-bedroom suites.
The building is situated on a site formerly home to a gas station and has been vacant for several years. The new development will bring much-needed rental housing to the downtown core and help to revitalize the neighbourhood.
Canada ICI arranged the first mortgage financing for a 132-unit “Wellings Active Living Community” in Corunna, Ontario. This innovative model is the fastest-growing iteration of Seniors living communities and addresses a growing market niche. The Wellings of Corunna will add to the supply of much-needed independent (55+) housing in southwestern Ontario.
The Dunkeld is an 80-unit residential building with 11,220 square feet of commercial space located at 124 East River Road in New Glasgow, Nova Scotia. The building will be completed in 2023.
Le Sherwood is a multi-family 62-unit property in Montreal, Quebec. The building was initially constructed in the early 1900s and has been well-maintained over the years. The units range in size from studio to three-bedroom apartments and are perfect for families or individuals looking for a comfortable place to call home.
The location of Le Sherwood is ideal for those who want to be close to the action but still have a quiet place to come home to at the end of the day. It is just a short walk away from some of Montreal’s best restaurants, cafes, and shops. Plus, getting around the city is a breeze with easy access to public transportation.
A term loan has been secured on a charming downtown commercial property, fully leased by Sonder in Montreal, QC, for a private investor.
Land financing has been arranged for a 0.34 parcel prominently located at King and Berkeley.
The structure provided working capital to be used in the entitlement process for the application of a 34-storey condo featuring direct access to the future Corktown Subway Station.
Urban sophistication meets modern design in these contemporary residences in Guelph’s west end.
At full completion, West Peak will be the largest single property multi-family development in the city of Guelph.
The first phase comprises 381 condo units across three towers, with subsequent phases to be developed.
This project will add much-needed residential inventory to the growing city of Guelph and provide its residents with high-quality living and amenities.
Term financing has been arranged for a private investor to reposition a 91,000 SF industrial asset located in Montreal, QC.