Loan Summary

Purpose:

Major Repairs and Replacements

Loan Amount:

$1,600,000

Loan Term:

5 years

Amortization:

25 years

Status:

Funded

Exterior and balcony repair loan in Toronto, ON

The condominium corporation located in Toronto, Ontario needed funds to repair major damage to the building’s exterior and balconies. The building spans over 12 storeys and over 150 units. It also contains underground parking. The building was built in the late 1970’s. The Credit Committee was moved the location and payment structure that the condominium corporation had negotiated for its repairs.

Location

Toronto, ON

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