1st Mortgage, 8% 5 Year Term

1st Mortgage Opportunity – $90,000 Mortgage Investment

Location: Dundas and Dovercourt Road

Use of Funds: Proceeds are to fix the roof of the subject property

Closing Date: Closed

1st Mortgage Amount Required: $90,000

Appraised Value: $1.237 M


Loan-to-Value: 7.27%

Interest Rate: 8%

Term: 5 Year, 5 Year Amortization

Special Notes:

MPAC, application and financial statements, will be provided upon request. Autosonic has been the sole tenant in this building since the mid 70’s.