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Home › Commercial Mortgages in Canada

Commercial Mortgages in Canada

One application. 7 lenders from our 50+ network. Funded in 24 to 48 hours.

7 lenders in our network serve Canada. Borrow $15,000 to $100 million at 4.04 to 16% APR, with funding as fast as 48 hours. Every lender is subject to the 35% federal rate cap. Rates reviewed August 2026.

Apply Now One application routed to where you qualify.

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Every Apply button starts the same single application. Your chosen lender is prioritized first.

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Amount: AnyCredit: Any Province: Any Sort: Recommended
★★★★★ 4.6 (9)
Amount
$50,000 - $10,000,000
Rate
From 4.09% APR
Terms
6 - 60 months
Funding
48 hours
Apply Now View profile
Best for Borrowers who want brokered access to multiple lenders and a short term option · Mortgage
★★★★★ 4.6 (9)
Amount
$15,000 - $10,000,000
Rate (APR)
6 - 16% APR
Terms
12 - 60 months
Funding
48 hours
Apply Now View profile
Best for Ontario homeowners who need a small equity takeout that larger lenders will not write · Mortgage
★★★★★ 5.0 (50)
Amount
$20,000 - $100,000,000
Rate
From 4.99% APR
Terms
12 - 60 months
Funding
48 hours
Apply Now View profile
Best for Ontario and BC homeowners taking a large equity position out of their property · Mortgage
★★★★★ 4.7 (9)
Amount
$20,000 - $10,000,000
Rate
From 4.99% APR
Terms
60 - 72 months
Funding
48 hours
Apply Now View profile
Best for Ontario homeowners who want a five to six year term on a mortgage or equity takeout · Mortgage
★★★★★ 4.7 (9)
Amount
$50,000 - $100,000,000
Rate
From 4.09% APR
Terms
72 - 120 months
Funding
48 hours
Apply Now View profile
Best for Ontario borrowers wanting a long amortization or a very large mortgage · Mortgage
★★★★★ 4.6 (9)
Amount
$50,000 - $10,000,000
Rate
From 4.99% APR
Terms
12 - 120 months
Funding
48 hours
Apply Now View profile
Best for Borrowers who want one digital application shopped across multiple lenders, with home equity available too · Mortgage
★★★★★ 4.6 (9)
Amount
$50,000 - $10,000,000
Rate
From 4.04% APR
Terms
60 months
Funding
48 hours
Apply Now View profile
Best for Borrowers who want the lowest published mortgage rate and a fully digital process · Mortgage

How commercial underwriting differs

The lender underwrites the property's income rather than your salary, which changes every number in the transaction.

Down payment 25% to 35%, against 5% to 20% on residential.
Term One to five years, shorter than residential.
Amortization 15 to 25 years.
Central test Debt service coverage from the rent roll, not personal income.
Qualifying properties. Multi-unit residential above five units, office, retail, industrial and mixed use.
Owner occupied. Often easier to finance than pure investment property, because the lender can assess your business income alongside the rent.
Documentation. Rent roll, leases, operating statements, an environmental assessment on industrial property, and an appraisal.
Timeline. Weeks rather than days. Start early if a closing date is fixed.
Reflects standard commercial lending practice in Canada. Terms vary by lender and property type.

Common questions

How is a commercial mortgage different from a residential one?

The lender underwrites the property's income rather than your salary. Expect 25% to 35% down rather than 5% to 20%, pricing above residential rates, shorter terms of one to five years, and amortizations of 15 to 25 years. Debt service coverage from the rent roll is the central test.

What properties qualify?

Multi-unit residential above five units, office, retail, industrial, and mixed-use. Owner-occupied commercial property is often easier to finance than pure investment property, because the lender can assess your business income alongside the rent.

What documentation is required?

Rent roll, leases, operating statements, an environmental assessment on industrial property, and an appraisal. The process runs weeks rather than days, so start early if a closing date is fixed.

One application. 7 lenders. Apply Now