Private lending is not just for homes. Many Ontario commercial property owners use private mortgages to access capital quickly. Here is how it works for commercial real estate.
What counts as commercial?
Commercial property covers a broad range — retail plazas and individual retail units, industrial and warehouse buildings, and commercial land such as parking yards, nurseries, and wineries. Each has its own characteristics that a lender will consider.
Why choose private lending for commercial?
Commercial deals are often time-sensitive and do not always fit neatly into bank lending boxes. A private lender can move quickly and structure terms around the property and the borrower, which is valuable when timing matters.
What lenders assess
For commercial property, a lender typically looks at the location, the condition of the building, any income the property generates, and the tenant mix. These factors help shape the loan amount and terms.
Zoning and condition requirements
The property must be already built and fully zoned for its current use, with no outstanding work or permits pending. We do not lend on properties that are in the process of being rezoned or where approvals are still incomplete.
Ready to talk?
If this sounds like your situation, start your application or contact us and we will help you understand your options across Ontario.
This article is for general information only and is not financial, legal, or investment advice. Please consult a qualified, licensed professional before making any decision.
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