Case Study

Construction Loan for Laneway Project on St. Clair Avenue West

$2,600,000

Arranged a $2,600,000 construction loan for a laneway project in Toronto, Ontario, creating 4 apartments and 1 laneway unit near St. Clair Avenue West.

Overview

Foundry Mortgage Capital successfully arranged a $2,600,000 construction loan for a laneway project in Toronto, Ontario. The property is located on St. Clair Avenue West between Weston Road and Jane Street in Toronto. Upon completion, the property will comprise of 4 apartments in the main building and 1 laneway unit.

Our team has a long-term relationship with the Borrowers who are actively involved in laneway projects. Dinesh Achria led this transaction.

To learn more about this project and our experience in financing purpose-built housing, please feel free to contact any of our team members.