Business premises
Discuss owner-occupied retail, office, professional or industrial space. Explain what your business does, how much space it needs and whether changes are planned.
TORONTO · MISSISSAUGA · THE GTA
GTA Commercial
Mortgages
Space to operate. Room to grow.
Buying, refinancing or expanding a commercial property? Explore financing in Toronto, Mississauga and the GTA with The Mortgage Providers.
Tell us about the property and your business or investment plans.
Toronto officeServing borrowers across the GTA
Established in 1997Mortgage brokerage experience
Brokerage licence 10533Residential & commercial financing
PROPERTY FINANCING FOR YOUR NEXT STEP
Your building.
Your business plan.
A commercial mortgage finances property used for business or investment. It may support a purchase, refinance or another property-related transaction, depending on the proposed arrangement.
The Mortgage Providers helps GTA business owners and property investors explore commercial financing. Start with the building, how it is used and the income or business operations that will support repayment.
As a mortgage brokerage, we help you review potential lender options and the requirements attached to them.
WHAT TYPE OF PROPERTY?
Different buildings.
Different requirements.
How the property earns income or supports your operations helps shape the financing review.
Investment properties
Bring the details of leased offices, warehouses, retail or multi-unit residential buildings. Include tenant information, rental income and operating costs.
Development & specialty uses
Outline land, construction or specialized properties such as hospitality and care facilities. The project stage and operating model need their own assessment.
Explore construction financingMAKE THE REVIEW USEFUL
Start with the property.
Support it with numbers.
Bring the purpose of the loan, the building details and your financial information into one conversation.
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Define the transaction
Share the address, price or current mortgage, amount needed and closing or maturity date. Explain whether you will occupy the property or lease it to tenants.
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Prepare the supporting information
Gather business financials or property operating records, ownership details and available equity. Identify missing leases, reports or approvals early.
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Review the proposed terms
Compare the payment schedule, term, amortization, fees and security requirements. Clarify any guarantees, reporting obligations or financial conditions.
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Plan the closing and next stage
Confirm outstanding lender conditions, legal work and funds required to close. Consider the effect of renovations, vacancies or a future refinancing date.
YOUR COMMERCIAL MORTGAGE CHECKLIST
Bring the details
behind the building.
Start with a general enquiry. A more detailed review may require:
- Property address, description and purchase agreement
- Current mortgage statement and maturity date
- Business financial statements and ownership structure
- Rent roll, leases and property operating statements
- Available equity and source of your contribution
- Existing appraisal, environmental or building reports
- Renovation plans, project budgets and approval status
Confirm the lender’s requirements before paying for new reports.
LOOK BEYOND THE INTEREST RATE
Budget for the
complete transaction.
Ask which lender, brokerage, legal, valuation and due-diligence costs apply. For a refinance, check the cost of discharging the current mortgage and the net proceeds available.
Keep property costs and operating needs in the same plan. Moving, fit-out work, repairs and downtime can require cash after the purchase closes. Confirm which expenses the proposed financing actually covers.
BDC’s commercial real estate financing overview illustrates how property funding can address different business needs. Its product terms are specific to BDC and do not describe every lender’s offer.
TORONTO · MISSISSAUGA · GTA
Start with
the exact address.
A Toronto storefront, a Mississauga industrial unit and a York Region office building raise different questions about use, occupancy and income. Share the actual property details rather than relying on a city-wide average.
The Mortgage Providers welcomes enquiries throughout Peel, York, Halton and Durham as well as Toronto. Include the municipality, property type and your intended transaction.
If conventional financing does not fit the situation, you can also ask about private mortgage funding and the costs and repayment plan it would involve.
YOUR QUESTIONS
Commercial mortgage
FAQs.
Answers about property types, equity, cash flow and preparation.
What is a commercial mortgage?
A commercial mortgage is financing secured against property used for business or investment purposes. The review considers the building, its use, the borrower and the cash flow supporting repayment. Requirements differ from a typical mortgage on an owner-occupied home.
What types of commercial properties can I discuss?
The Mortgage Providers welcomes enquiries about business premises, offices, retail properties, industrial buildings, warehouses, multi-unit residential buildings and development projects. Specialty properties such as hospitality or care facilities require a review of their particular operations and lender requirements.
How much down payment or equity will I need?
There is no single percentage for every commercial property. The amount depends on the proposed lender, accepted valuation, property type, financial performance and loan structure. Ask for a breakdown of your required contribution, closing costs and funds needed after closing.
What is debt service coverage?
Debt service coverage measures the income or cash flow available to meet debt payments. A lender uses its own calculation and minimum requirements. Ask which income, expense adjustments and debt obligations it includes when assessing your property or business.
Can I refinance an existing commercial property?
You can request a review of refinancing options. Provide your current mortgage balance, maturity date, property information and reason for refinancing. Compare the net funds available, repayment terms and any costs of paying out the existing loan.
Can an apartment building qualify for CMHC-insured financing?
An eligible rental building may qualify under a CMHC mortgage loan insurance program. The standard rental housing program requires at least five rental units, along with other property and borrower conditions. Unit count alone does not establish eligibility or guarantee a particular rate.
Will the lender need an appraisal or environmental report?
A lender may require an appraisal and, depending on the property, environmental or building-condition reports. Confirm the required scope, approved professionals and acceptable report dates before ordering anything. Report costs and review time should be included in your transaction plan.
Do you help with commercial mortgages across the GTA?
The Mortgage Providers welcomes commercial mortgage enquiries from Toronto, Mississauga, Brampton, Vaughan, Richmond Hill, Markham, Oakville, Burlington and Durham Region. Share the property address, intended use and financing goal to begin a review.
LET’S DISCUSS YOUR PROPERTY
Plan your next move.
Tell us where the property is and what you want to accomplish.
We’ll discuss the next step for your financing review.
Quick, Reliable and Efficient Service!
- Land Purchases & Re-Financing
- Debt Consolidation
- No Income Equity Program
- Construction Financing
- Financing for Places of Worship
- And Much More!
- Pay off Credit Cards
- Bruised Credit & Difficult Mortgages
- Self-Employed
- Mortgages in Arrears
- Financing Stores & Apartments
- Tax Arrears
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