Selling Storeys by Telling Stories
143 Metcalfe, Elora, ON
In 2018, the client purchased this property in Elora. It had undergone a significant conversion that transformed it from a 3-storey medical office building into a fabulous mixed-use property. Combining 8 luxury apartments, and two main-floor retail units, there were several obstacles to overcome. Continuously changing architectural plans, and a labyrinth of required permits—it was definitely an adventure.
Typical documents required for a commercial mortgage
Here’s a list of documents you need to gather and provide by category. Purpose of the Loan If a new acquisition, a copy of the Purchase Agreement If refinance of existing property, existing loan balance, amortization schedule and maturity date Amount of financing required, including details on the intended use of funds Property […]