Canada ICI arranged a CMHC insured affordable construction loan to facilitate the development of 265 Princess, an 88-unit apartment building in the Exchange District of Downtown Winnipeg.

88
No. of units

Bonavista on the Lake is a phased construction project consisting of a 289-unit 55+ luxury apartment complex in Winnipeg, Manitoba.  

289
No. of units

Canada ICI arranged the assumption of a CMHC insured first mortgage to aid in the purchase of 703 St. Anne’s, a 33-unit mixed-use apartment building in Winnipeg, MB.

33
No. of units

Canada ICI is pleased to announce the successful funding of a 10-storey, mixed-use building with 214-unit rental apartments and 14,169 SF of commercial space. Ruth Gardens is located in Winnipeg, MB.

14169
No sq feet commercial
214
No. of units
10
No. of storeys

Canada ICI arranged a $180,000,000 land loan to refinance a 6.48-acre development site zoned and slated for 2,000,000+ SF multi-phase development known as Galleria on the Park.

6.84
Acres
2077865
No. of sq feet (GFA)

Canada ICI arranged a $9.5MM first mortgage to facilitate the purchase of a well-located residential development site at the corner of Bloor St W and Ossington Avenue. The site is LPAT approved and zoned for an 11 storey, 80,000 SF condo, scheduled to commence construction in 18-24 months.

80
No. of units

Canada ICI Capital provided a $12.3mm first mortgage with an insurance company at a very competitive rate for a nationally tenanted retail strip plaza despite current COVID-19 restrictions. The property is located in the Junction district in Toronto and was developed and managed by a repeat Canada ICI client.

32000
No. square feet

Canada ICI Capital arranged a $20MM CMHC Flex construction loan to facilitate the construction of 60 affordable rental units in Oshawa, ON.

60
No. of units

Canada ICI arranged a CMHC affordable flex construction loan to complete an existing office tower’s conversion to 93 affordable rental units with 17,250 sq. ft. of retail and office space.

34356
No. of square feet commercial
94
No. of residential units
14
No. of floors

Canada ICI arranged a term loan on Linden Ridge Shopping Centre, a 210,232-square foot retail shopping centre located in Winnipeg’s south end.

210232
No. of sq feet commercial