CMC | High-Rise Condominium
662
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High-Rise Condominium

Category
Canadian Deals

Loan Details

Location: Toronto, Ontario

Loan Amount: $485,000

Property Type: Residential

Mortgage Ranking: First

LTV: 70%

Rate: 7.99%

Summary: This Yorkville condo was scheduled to close with a B lender. The lender cancelled funding 4 days before closing. After funding the rental condominium will immediately be sold for a profit.