Commercial
Mortgage Financing
Financing for multi-unit residential, office, retail, industrial, and development projects. Michael North connects you with institutional lenders and commercial capital across Ontario.
Why Choose Michael North
Get Commercial Mortgage Quote
All property types • Institutional rates • Expert guidance
Why Choose Michael North
Why Choose Michael North for Your Commercial Mortgage
As a licensed Ontario mortgage agent, Michael North provides personalized service and access to the best rates from over 50 lenders.
All Commercial Property Types
Multi-unit residential, office buildings, retail plazas, industrial warehouses, mixed-use developments, and more.
Competitive Commercial Rates
Access institutional rates from insurance companies, pension funds, and commercial banks for qualified properties.
Construction & Development
Financing for ground-up construction, renovations, conversions, and development projects across Ontario.
Portfolio Financing
Blanket mortgages for investors with multiple commercial properties. Streamline your financing under one loan.
Flexible Terms
Terms from 1 to 10 years, amortizations up to 30 years, and interest-only options for cash flow optimization.
CMHC Insured Options
For multi-family residential properties, access CMHC-insured rates as low as conventional residential mortgages.
Commercial Mortgage Financing in Ontario
Commercial mortgages are specialized loans for income-producing properties including multi-unit residential buildings, office towers, retail centers, industrial facilities, and development projects. Unlike residential mortgages, commercial lending focuses heavily on the property's income potential and the borrower's experience.
Michael North provides commercial mortgage solutions for investors, developers, and business owners across Ontario. With access to institutional lenders, banks, credit unions, and private capital, Michael structures financing for deals of all sizes.
Commercial Property Types We Finance:
- Multi-Unit Residential (5+ units) — Apartment buildings, student housing, seniors residences
- Office Buildings — Single-tenant, multi-tenant, medical/professional office
- Retail Properties — Shopping centers, strip plazas, standalone retail
- Industrial — Warehouses, distribution centers, manufacturing facilities
- Mixed-Use — Retail + residential, office + residential combinations
- Special Purpose — Hotels, self-storage, gas stations, car washes
CMHC-Insured Multi-Family Financing in Ontario
For multi-unit residential properties (5+ units), CMHC mortgage loan insurance provides access to the lowest available rates — often matching or beating conventional residential mortgage rates.
CMHC Multi-Family Benefits:
- Lower rates — Insurance reduces lender risk, resulting in lower interest rates
- Higher LTV — Borrow up to 85% of property value (vs. 65-75% conventional)
- Longer amortization — Up to 40-50 years for certain programs
- Competitive terms — Access to 5, 7, and 10-year fixed rates
Michael North has extensive experience with CMHC multi-family programs including the standard MLI Select program, the affordable housing initiative, and construction financing for new rental developments.
How to Get Your Commercial Mortgage with Michael North
Working with a mortgage agent makes the process simple. Here's how it works:
Property Analysis
Michael reviews your property details, financials, rent rolls, and investment objectives to structure the right financing.
Lender Selection
Match your deal with the right commercial lenders — banks, insurance companies, credit unions, or private capital.
Underwriting
Prepare a complete financing package including property appraisal, environmental reports, and financial documentation.
Close & Fund
Coordinate with lawyers and lenders to close your commercial mortgage. Timelines vary from 30-90 days.
50+ Lenders.
One Application.
Michael North has direct access to Canada's top banks, credit unions, trust companies, and alternative lenders. Your single application reaches them all.
CMLS Financial
Multi-unit residential & commercial properties
First National Commercial
Office, retail, and industrial financing
MCAP Commercial
Institutional commercial mortgage lending
Romspen Investment
Bridge & construction financing solutions
Trez Capital
Development & construction loans
Brookfield
Large commercial portfolio financing
Manulife
Long-term commercial mortgage solutions
Sun Life
Investment property and commercial financing
Industrial Alliance
Commercial and multi-family lending
Canada Life
Institutional commercial mortgages
Desjardins Commercial
Quebec and Ontario commercial lending
CWB Trust
Western Canadian commercial focus
Plus 40+ additional lenders including Desjardins, Manulife, Industrial Alliance, and more
Frequently Asked Questions About Commercial Mortgage
Commercial Mortgage Services Across Ontario
Michael North provides commercial mortgage services to clients throughout Ontario, including these major cities and surrounding areas:
Ready to Get Started?
Contact Michael North today for a free, no-obligation consultation. Get expert guidance and access to the best commercial mortgage rates in Ontario.
Michael North, Mortgage Agent Level 1 (License #M23007520) | Owl Mortgage (Brokerage #13364, Powered by Centum Financial) | Regulated by FSRA