Brokerage #13763

Unleash Investment Potential

Your Guide to Streamlined Commercial Financing

0+
Deals closed
0+
Lenders
$0
Broker fee
2–6wk
Close time
FSRA Brokerage #13763$500K – $50M+All asset classes2–6 week close
Retail PlazaMulti-FamilyIndustrialOfficeDevelopmentMixed-Use
NOI & Valuation Calculator
Estimate net operating income & property value
Live
$25K
$5K/mo$200K/mo
5%
0%20%
35%
15%55%
$185K
Annual NOI
$3.1M
Value @6% Cap
$2.6M
Value @7% Cap
0.81x
Est. DSCR

Illustrative only. Cap rate valuation and DSCR estimates assume 5.50% rate, 25yr am.

Private Mortgage Calculator
200+
Commercial deals closed
FSRA #13763
Licensed brokerage
$0
Broker fee, always
50+
Lender network
The Fundamentals

What is a Commercial Mortgage?

A commercial mortgage finances the purchase, refinance, or construction of income-producing real estate — retail, industrial, multi-family apartments, offices, and special-purpose assets.

Unlike residential mortgages which focus on your personal income and credit score, commercial mortgages are primarily evaluated on the property’s Net Operating Income (NOI), Debt Service Coverage Ratio (DSCR), and Loan-to-Value ratio (LTV).

Income-producing property — lenders focus on NOI and tenancy
LTV typically 65–85% depending on asset class
Terms from 1 year to 10 years, fixed or variable
Amortization up to 25–30 years
CMHC insurance available for multi-family 5+ units
Institutional, B-lender, and private options available

Commercial vs Residential at a glance

QualificationProperty NOI & DSCRPersonal income
Down payment25–35% typical5–20%
Rates4.5–13%4–6%
Max LTV65–85%95% (insured)
Term length1–10 years1–10 years
AppraisalMandatory + environmentalSometimes AVM
Looking for residential options? See best residential rates
Model Your Deal

Two powerful tools — free, instant

Estimate your NOI, property value, and debt service before you speak to anyone.

NOI & Valuation Calculator
Estimate net operating income & property value
Live
$25K
$5K/mo$200K/mo
5%
0%20%
35%
15%55%
$185K
Annual NOI
$3.1M
Value @6% Cap
$2.6M
Value @7% Cap
0.81x
Est. DSCR

Illustrative only. Cap rate valuation and DSCR estimates assume 5.50% rate, 25yr am.

Private Mortgage Calculator
Debt Service Calculator
See your commercial mortgage payments
$2.0M
$500K$20M
6.00%
4.00%13.00%
25 years
10yr30yr
$12,886
Monthly
$155K
Annual DS
$1.9M
Total Interest

Standard P&I amortization. Commercial terms vary by lender.

Asset Classes

Property types we finance

Institutional and private financing for every major commercial property category in Ontario.

Retail & Mixed-Use

Up to 70% LTV

Strip plazas, storefronts, and mixed residential-commercial buildings. Financing based on tenancy and NOI.

Industrial & Warehouse

Up to 70% LTV

Manufacturing, distribution, and flex-industrial facilities. Strong demand from Ontario logistics growth.

Multi-Family (5+ units)

Up to 85% LTV

Apartment buildings and multiplex properties. CMHC-insured options available at lower rates and up to 85% LTV.

Development Land

Up to 65% LTV

Acquisition, servicing, and construction financing for residential and commercial development projects.

Office Buildings

Up to 70% LTV

Single and multi-tenant office properties across Ontario. Evaluated on occupancy rate and lease terms.

Special Purpose Assets

Case by Case

Hotels, care homes, self-storage, gas stations, and unique asset classes — private and institutional options.

Loan Parameters

Typical commercial loan structure

Parameter
Institutional
Bank / Credit Union / MFC
Private
Equity-based, fast close
Minimum Loan
$500,000
$250,000
Max LTV
65–85%
Up to 75%
Amortization
Up to 25–30yr
Interest-only common
Term Length
1, 3, 5, 7, 10yr
1–3yr typical
Rate Range
4.50–8.00%
8.00–12.99%
DSCR Required
1.20x minimum
Case by case
Timeline
3–6 weeks
1–3 weeks
Environmental
Phase 1 may be required
Usually waived
Our Process

From deal intake to funded — 2–6 weeks

lendsimpl manages every step. Here is exactly what happens after you reach out.

1
Deal intake & lender mapping

We review your property, financials, and loan request. Within 24 hours we map your deal to 3–5 suitable institutional or private lenders.

Day 1
2
Information package prep

We compile a professional deal summary, property financials, and rent rolls for lender submission. Professional packaging increases approval rates.

Days 2–4
3
Lender submissions

We submit to multiple lenders simultaneously and compare competing term sheets — rate, LTV, amortization, prepayment options.

1–2 Weeks
4
Due diligence & commitment

Lender orders appraisal, environmental, and legal review. We manage every third party and keep your timeline on track.

1–3 Weeks
5
Closing & funding

Your lawyer handles registration and fund flow. lendsimpl remains your point of contact post-close for renewals and future financing.

Closing Day
Typical timeline: 2 to 6 weeks from deal intake to funding
What Lenders Look For

Commercial qualification criteria

Commercial mortgage approvals are primarily driven by property income and value — not personal income alone. lendsimpl identifies lenders matched to your exact situation.

Net Operating Income (NOI)

The property must generate positive cash flow after operating expenses. Lenders use NOI to calculate DSCR and determine loan eligibility.

DSCR of 1.20x or higher

Most institutional lenders require that property NOI covers debt service payments by at least 120%. Private lenders may accept lower DSCR.

25–35% down payment

Commercial properties typically require 25–35% equity. CMHC-insured multi-family (5+ units) can go as low as 15% down.

Environmental Phase 1 report

Required for most commercial properties to confirm no environmental contamination on the land. Some private lenders may waive this.

Rent rolls & financial statements

2–3 years of property financials, current rent rolls with lease terms, and guarantor personal net worth statements.

Required Documents Checklist

Property financial statements2–3 years
Current rent roll with leasesRequired
Recent appraisal or listing infoIf available
Phase 1 environmental reportMost properties
Guarantor net worth statementRequired
Purchase agreementIf purchase
Corporate structure docsIf corporate
Property tax & insuranceCurrent year
Current Rates

Commercial rates in Ontario 2026

lendsimpl shops 50+ lenders to find the lowest rate for your asset class. All rates subject to qualification and lender approval.

Institutional Bank
5.50% – 6.50%
Lowest cost
Big 5 banks, MFCs, credit unions
85% market share
Get this rate
Lowest Rate
CMHC Multi-Family
4.50% – 5.50%
Best rate available
Insured 5+ unit residential
95% market share
Get this rate
B-Lender / Alt
6.50% – 8.00%
Flexible terms
Alternative non-bank lenders
55% market share
Get this rate
Fast Closing
Private Lender
8.00% – 12.99%
Fast & flexible
Equity-based, any credit
35% market share
Get this rate

Rates shown are indicative as of March 2026. Contact lendsimpl for a personalized quote. FSRA Brokerage #13763.

Why lendsimpl

The numbers speak for themselves

0+
Commercial deals
Closed across Ontario
0+
Lenders compared
For every deal
2–6 wks
Typical timeline
Deal intake to funded
$0
Broker fee
Lender-compensated
Success Stories

Ontario commercial investors trust lendsimpl

Acquired a 12-unit apartment building in Scarborough. Every bank rejected the deal due to deferred maintenance. lendsimpl found a private bridge lender, we closed in 3 weeks and refinanced conventionally 8 months later.

Michelle L.

Toronto, Ontario

Explore More

All lendsimpl Mortgage Services

From first home to investment portfolio. Everything under one FSRA-licensed roof.

FAQ

Commercial Mortgage FAQs

Expert answers about commercial property financing in Ontario.

  • One-stop shop: We handle the entire process, scouting lenders and finding the best fit for your needs.
  • Extensive network: Access over 100 lenders, including banks, trust companies, credit unions, insurance companies, and private lenders.
  • CMHC expertise: Expedited approvals and streamlined process as an approved CMHC correspondent.
  • Personalized service: Dedicated guidance throughout your transaction and support with due diligence.
  • Maximized returns: Our knowledge helps you make informed investment decisions.
  • Short & Long-Term Financing: Purchase financing, refinancing, business loans, first & second mortgages, with fixed or variable rates.
  • Construction Financing: Land & infrastructure loans, bridge loans, mezzanine & equity loans, and inventory financing.

We have expertise in a wide range of property types, including:

  • Multi-family (apartment buildings)
  • Mixed-use
  • Commercial
  • Shopping centers
  • Industrial properties (warehouses & self-storage)
  • Land for development/infrastructure
  • Office buildings
  • Retirement homes
  • Hotels & Motels

We ensure efficient completion of the following:

  • Appraisal: A qualified appraiser will determine the fair market value of the property.
  • Building Inspection: A qualified inspector will assess the property's condition to identify any potential issues.
  • Environmental Site Assessment (ESA): This may be required to identify any environmental concerns associated with the property.
  • Legal and Closing Process: Our team will work with your lawyer to ensure a smooth closing.

The specific documents required will vary depending on the type of financing and your individual situation. However, some common documents you may need to gather include:

  • Personal Information: Photo ID, proof of address, social insurance number (SIN)
  • Business Information: Business registration documents, financial statements (past 2-3 years), tax returns (personal and business), business plan (if applicable)
  • Property Information: Property details (address, legal description), purchase agreement (if applicable), title search, property tax bills

Contact us today for a free consultation to discuss your commercial real estate financing needs. We can help you determine the specific documents required for your situation.

Commercial mortgage brokerage in Ontario — lendsimpl

A commercial mortgage in Ontario finances the purchase, refinance, or construction of income-producing real estate. Whether you are acquiring a retail strip plaza in Toronto, refinancing a multi-family apartment building in Mississauga, or developing land in Ottawa, lendsimpl connects you with the right lender for your deal.

lendsimpl is a FSRA-licensed mortgage brokerage (#13763) serving all of Ontario. Our commercial mortgage team has arranged over 200+ commercial deals totalling billions in volume. We specialize in retail, industrial, multi-family (5+ units), mixed-use, office, and development financing.

We work with 50+ institutional and private lenders including the Big 5 banks, credit unions, mortgage finance companies (MFCs), and private capital providers. Our clients benefit from competing term sheets, lower rates, and faster approvals because we bring multiple offers to every deal.

Commercial mortgage Toronto 2026, Ontario commercial financing, multi-family mortgage

Whether you are searching for the best commercial mortgage rates in Ontario 2026, trying to understand DSCR requirements for your property, or exploring CMHC-insured multi-family financing, lendsimpl can help. Our team has structured commercial mortgages for first-time investors to institutional portfolios across all of Ontario.

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Free · No Obligation · Same-Day Assessment

Ready to finance your commercial property?

Submit your deal details for a same-day lender assessment. lendsimpl’s commercial brokers know exactly which lenders will say yes to your deal.

FSRA Brokerage #13763 No broker fee 50+ lenders All of Ontario

Unit 209 – 3852 Finch Ave E, Toronto, ON M1T 3T9 · hello@lendsimpl.ca