Product: Rental financing
In addition to max. 75%LTV on a rental unit. We’ve made some changes to our policy. Here it goes:
There you have it!
New guidelines for a Rental ( Investor) Purchase of a Toronto Condo Unit.
Downpayment are firmly at 25% or at 35% with Opinion of Value Letters.
Are you looking for an investment to hold long term?
Vacancies are continuing at 1.5% or less.