Loan Summary

Loan amount:


Mortgage position:



Single-family Development


Cost-to-complete Construction

Loan Term:

12 months



Personal home construction with supporting collateral properties in North York, ON

Morrison Financial closed on an opportunity to refinance an existing second mortgage and provide cost-to-complete financing for a luxury home that will be used as the borrower’s personal residence. To support this fi­nancing ask, the borrower provided three additional prop­erties in Toronto as collateral for the loan. The property is well situated in a residential neighborhood with easy access to the Don Valley Parkway and distance to a nearby golf course and park. The house is currently ~75% complete and, upon comple­tion, the property will be refinanced to repay the debt.


North York, ON

Let us help you get started

Determing what your board or directors requires for their next project doesn’t need to be complicated and we are here to help you fill the gap when it comes to your finances.


Contact our mortgae financing team today

Learn more

Read more on mortgage financing in our articles section


Take a look at projects that we financed

About us

Learn more about why we have been successful for 30 years