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.
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.
Canada ICI arranged a conventional first mortgage for the acquisition and redevelopment of the Méga-Centre Pont Viau in Laval, Québec. This significant transaction, completed in under 30 days from the letter of intent, represents one of the largest land deals in Québec this year. The 843,785 square-foot site is planned to accommodate over 2,000 residential units within the next five years, with the first 500 units commencing construction in the next 24 months following the demolition of the existing cinema.
Canada ICI arranged CMHC-insured financing for a 36-unit apartment building in Bowmanville, Ontario. The property features thoughtfully planned units and modern amenities, situated in an area offering a compelling mix of lifestyle and access for residents.
Canada ICI arranged the successful construction funding for a 187,054-square-foot industrial building located in Laval’s West industrial park. This facility will feature 36 feet of clearance, 16 loading docks, and two drive-in docks.
Canada ICI arranged CMHC-insured financing for a 42-unit apartment in Bowmanville, Ontario. This building, featuring large unit sizes, modern amenities, and continuous updates, benefits from persistent rental demand due to its sought-after location near schools, shopping, and recreation.
Canada ICI arranged funding for a future multi-family development site in Toronto’s Willowdale West neighbourhood, near Finch Station. This site is designated for an 11-storey, 148-unit purpose-built rental building. The financing supports the rezoning and municipal approval processes, facilitating the future construction of transit-oriented housing to address Toronto’s demand for high-quality rental supply.
Canada ICI arranged CMHC-insured construction takeout financing under the MLI Select program for an 8-unit apartment complex in Ottawa. This three-storey, modern low-rise development will help address the city’s growing demand for gentle density and contribute to much-needed housing supply. This initiative aligns with Canada ICI’s commitment to financing projects that increase attainable, multi-unit housing in growing urban markets.
Canada ICI arranged first mortgage financing to facilitate the refinance of Bluewater Park, an apartment building in Whitby, Ontario. This 6-storey property, constructed in 1978, features 120 residential units on a 4.1-acre site, complemented by 153 covered and 26 surface parking stalls.
Canada ICI arranged a CMHC-insured first mortgage to facilitate the construction financing of Parkview Terrace Phase 5 and Phase 6, two newly built apartment complexes located in the St. Vital area of Winnipeg, Manitoba. These four-storey woodframe apartment buildings collectively feature 99 units and offer residents high accessibility to major thoroughfares and proximity to a variety of amenities including St. Vital Mall, restaurants, grocery stores, churches, and the University of Manitoba.