Canada ICI arranged the successful funding of an 11-storey, 122-unit multifamily building in Kitchener, Ontario. Utilizing CMHC’s MLI select program through energy efficiency, the financing supports the long-term operation of much-needed rental supply in the Kitchener area. The property offers spacious layouts, private balconies, a community garden, pool, and extensively renovated units.
Canada ICI arranged the funding of three indoor ice rinks in Montréal, Québec.
A term loan has been secured on a charming downtown commercial property, fully leased by Sonder in Montréal, Québec, for a private investor.
Canada ICI has arranged first mortgage financing to facilitate the construction of Les Suites Marion, a 48-unit, mixed-use affordable housing development in the St. Boniface area of Winnipeg, Manitoba. The subject property will be five storeys with 4,182 square feet of main floor commercial space.
The development is intended to provide affordable housing for various groups, including new immigrants, individuals living with disabilities, and those dealing with mental health and addiction challenges. Close to half of the units have been specifically designed to cater to these groups.
Les Suites Marion represents a significant step forward in addressing the housing challenges faced by vulnerable groups in Winnipeg.
Canada ICI arranged conventional term takeout financing for Midland Retail, a 37,000 SF newly completed retail plaza in Kingston, Ontario.
The surrounding area has a strong retail and commercial base with high-quality successful tenants, and this development will be compatible with the current structures along Midland Avenue. Additionally, the development will be located along a major traffic corridor with regular transit service, making it convenient and accessible to local residents.
This development will provide larger and better positioned retail and commercial uses that currently and not available in the area currently, and will provide for variation and flexibility in future tenants of the
shopping centre.
Canada ICI arranged first mortgage financing for the refinance of two retail buildings comprising 4 units in the St. James area of Winnipeg, Manitoba. This property features excellent exposure along both St. James Street and St. Matthews Avenue with easy access and exit points. Substantial surface parking is available in between the two buildings.
Canada ICI arranged the successful funding of a mixed-use high-rise apartment located within the desirable neighbourhood of Nutana, in Saskatoon, Saskatchewan. This building features 14 storeys, 106 suites and 6,000 sq. ft. of commercial space.
Canada ICI arranged successful funding for a mixed-use building in Montréal, Québec. Bishop Embassy is comprised of 100 apartments and a retail ground floor in downtown Montréal. The construction and term was financed via CMHC’s MLI Select program.
Canada ICI successfully arranged CMHC-insured financing of The Allure, a two-building mixed-use apartment complex in Winnipeg, Manitoba. Each building will be six stories tall, constructed of wood frame, and offering a total of 155 residential units and 7,201 sq. ft. of main floor commercial space.
Canada ICI facilitated CMHC-insured first mortgage financing to refinance a 19-unit, mixed-use apartment complex at 83 Ontario Street in Kitchener, Ontario.
Located in the heart of downtown, in the southern half of the City Centre District, this property involved the extensive renovation of a 1924 heritage building. The development features commercial retail spaces on the ground floor and loft-style residential suites, showcasing historic elements like original hardwood floors and exposed brick walls. This property exemplifies continued commitment and investment in the downtown core.