Project Overview
Foremost Financial provided a $2,300,000 first mortgage construction loan to facilitate the renovation and intensification of a residential property located on a corner lot in Toronto’s Cedarvale neighbourhood.
The development involved a substantial renovation of the existing property with the construction of a new duplex. The subject property is situated on a 30 ft. by 110 ft. lot within walking distance of the Eglinton West Subway Station, the Eglinton Crosstown LRT, schools, and local amenities.
Upon completion, the project will consist of:
- Two residential units of approximately 2,500 sq. ft. each
The near completed units are intended for individual sale following condominium registration.
Looking for Construction Financing?
For more information about this project or Foremost’s industry-leading construction financing programs, contact:
Matt Gonsalves
Vice President – Mortgage Lending
416-488-5300 x555
📧 matt@foremost-financial.com
