2nd Mortgage, 8% 36 Month Term

2nd Mortgage Opportunity – $35,000 Minimum Mortgage Investment

Location: 955-969 Weston Road, Toronto, ON

Use of Funds: Soft Costs

2nd Mortgage Amount Required: Minimum $35,000.00

Appraised Value: $12.5MM (ready to develop market value)

 

Loan-to-Value: up to 85%

Interest Rate: 8% per annum

Term: 36 Month

Special Notes:

Investors will receive a 24% return. 1st Mortgage is VTB $4.4MM