Project Overview
Foremost Financial provided a $2,625,000 first mortgage loan to facilitate the construction of a six-unit mixed-use development.
The developer purchased the subject property situated on a 19 ft. by 110 ft. lot and obtained municipal approvals to extensively renovate the existing structure and construct a new six-unit commercial and residential building.
Upon completion, the development consisted of:
- Two commercial units on the ground floor.
- Two residential units on the second floor.
- Two residential units spanning the third and fourth floors.
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