VIP SaleCondos
CMHC-Backed 9-Plex Opportunity in Ontario
Ontario ·
Overview
About CMHC-Backed 9-Plex Opportunity in Ontario
This off-market 9-plex in Ayr, Ontario is a purpose-built rental qualifying for CMHC MLI Select financing. Priced at $3.9M, it offers up to 95% LTV, strong cash flow, 24% cash-on-cash returns, long-term appreciation, and a 50-year amortization structure.
Address
North Dumfries, ON, Canada
Home type
Multiplex
Deposit
5% Down
Occupancy
18-24 Months
Why invest here
Platinum incentives
- ●Absolute first access to pricing and floor plans
- ●The best incentives and promotions
- ●Extended deposit structures
- ●Capped development levies
- ●Right of assignment
- ●Free lawyer review of your purchase agreement
- ●Free mortgage arrangements
Location & lifestyle
North Dumfries, ON, Canada · Ontario
Checking what's around this address…
What would this cost per month?
Mortgage estimate — CMHC-Backed 9-Plex Opportunity in Ontario
Based on the starting price of $3.9M. Adjust the numbers to match the suite you're considering.
$3,900,000
20% · $780,000
4.49%
Amortization
Estimated payment
$17,251 /mo
or $7,962 bi-weekly
- Mortgage amount
- $3,120,000
- First payment — interest
- $11,566
- First payment — principal
- $5,685
- Total interest over term
- $2,055,305
Need land transfer tax and closing costs too? Open the full calculators.
More options
You may also like
Want alerts on this project?
Join the list and we'll notify you the moment pricing and floor plans drop.