Translate

CMHC MLI Select Program

Profitable Investment Opportunities with the CMHC MLI Select Program

A Turnkey Solution for Real Estate Investors

The CMHC MLI Select Program offers an unparalleled opportunity for investors to leverage government-backed financing to develop new rental construction projects (minimum of 5 units). With exceptional lending terms and mortgage insurance support, this program empowers developers and investors to build rental units with minimal financial pressure and high growth potential.

Key Benefits of the CMHC MLI Select Program

  • 50-Year Mortgages: Extendable by 5 years to cover unforeseen construction costs.
  • Up to 95% Financing: Only a 5% down payment is required. We exclusively offer financing between 90-95%, far more favorable than traditional lending options.
  • Below-Prime Interest Rates: Access competitive rates to maximize returns and maintain positive cash flow.

These features collectively drive exceptional return on investment (ROI), positive cash flow, and robust long-term appreciation for rental properties.


CMHC MLI Select Program

Program Criteria: How to Qualify

To access these favorable financing terms, projects must meet specific thresholds in one or more of the following categories:

  • Affordability: A certain percentage of units must be allocated as affordable housing.
  • Energy Efficiency: Exceeding standard building code requirements improves financing terms.
  • Accessibility: Incorporate features that enhance accessibility to earn additional points.

Investors must also meet net worth and liquidity requirements:

  • 5% Deposit on hand
  • 5% Additional Liquid Funds as a contingency
  • Total Net Worth equal to at least 25% of the total project cost

 


Streamlined Process: A Step-by-Step Investment Roadmap

This hassle-free program simplifies the investment journey. The CMHC MLI Select program guides you through the following stages:

  1. Land Acquisition
  2. Entitlements
  3. Site Planning & Design
  4. CMHC Application Submission
  5. Construction Management
  6. Lease-up & Stabilization
  7. Ongoing Property Management

All you need to do is complete the paperwork, and we take care of the rest—including deposits and project management—so you can enjoy consistent cash flow without stress.


Example ROI: 10-Unit Building

Here’s a sample breakdown of the potential returns from a 10-unit rental building:

Unit Type Units Monthly Income Annual Income
Rental Units 10 $18,800.00 $225,600.00

 

Operating Expenses:

  • Property Taxes: $20,000
  • Management (4.25%): $9,588
  • Insurance: $7,000
  • Utilities: $5,000
  • Repairs & Maintenance: $5,000
  • Replacement Reserve: $4,800
  • Miscellaneous: $2,256

Total Operating Expense: $54,644

Net Operating Income: $171,956

Loan Details:

  • Loan Amount: $3,230,000
  • Interest Rate: 4.25%
  • Amortization: 50 years

Monthly Mortgage Payment: $12,997.79
Annual Mortgage Payment: $155,973.48
Cash Flow After Debt Service: $15,982.52


Frequently Asked Questions

Q: Can my project be denied CMHC approval?
A: Yes, but if approval is not granted, your deposit will be refunded in full.

Q: Will CMHC support this program indefinitely?
A: The program offers a 50-year mortgage guarantee. However, the government may discontinue it for future projects.


Maximize Your Investment with Government-Backed Financing

With the CMHC MLI Select Program, investors can enjoy top-tier financing options, low-interest rates, and high returns. Don’t miss out on this chance to invest with minimal risk—let government-backed mortgage insurance work in your favor.

Sign Up Below for CMHC MLI Select Program inventory and start building your profitable real estate portfolio!


Leverage the power of government financing—why swim against the current when you can profit by working with it?

 

Sam Elgohary

Sam Elgohary is a Real Estate Broker with Century 21 servicing his clients in the Greater Toronto Area (GTA). He has a wide range of experience in Pre-construction Development and resale and is always looking to give his clients the most up-to-date knowledge about the market to help them in making new investments or selling their homes. His close connections with builders and a wide network of agents give him a competitive edge on everything to do with Toronto Real Estate. Connect with Sam: Cell 416-565-5925.

×

Sign Up