Commercial Property Financing in Canada
Custom-tailored financing for income-generating properties: from retail plazas to mixed-use assets and industrial buildings.
Loan Products & Asset Types
Whether you're acquiring, refinancing, or repositioning a commercial asset, Smart Capital connects you to the most suitable financing structure for your project.
Loan Types
Property Types
Sample Commercial Borrower Profiles
Show your versatility and ability to serve different borrower needs.
Why Work With a Commercial Mortgage Broker?
- Access to 50+ lenders across Canada
- Get unbiased, lender-agnostic advice
- Secure better rates, terms, and flexibility
- Avoid paperwork and negotiation hassle
- We speak the language of real estate: cap rates, NOI, DSCR, LTV, etc.
Your Deal Deserves the Right Financing, Let’s Find It Together.
Share your deal details with us, and we’ll shop it across our lender network, no obligations, just better choices.
Form can include:
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Property type
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Purchase/refinance
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Estimated value
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Contact info
❓ FAQ – Commercial Real Estate Financing
A commercial real estate (CRE) loan is used to finance income-producing properties such as apartment buildings (5+ units), office towers, retail centers, warehouses, or mixed-use developments. Unlike residential mortgages, CRE loans are typically made to business entities and assessed based on property income, borrower strength, and deal structure.
Lenders focus on two key metrics: Loan-to-Value (LTV), which typically ranges from 65% to 85%, and the Debt Service Coverage Ratio (DSCR), which should exceed 1.20x to ensure the property generates sufficient income to cover debt payments. They also review the borrower's net worth, liquidity, experience, and the market stability of the property location.
The most common financing types include:
CMHC-insured loans for multifamily housing (Canada only)
Conventional commercial mortgages from banks or credit unions
Bridge loans for short-term or value-add projects
Private loans for flexible, fast closings
Construction-to-permanent loans for new builds
Each loan type fits different phases of the real estate cycle and investor strategy.
Commercial loan terms often range from 3 to 10 years, with amortization periods between 20 and 30 years. Some loans include balloon payments at maturity. For short-term strategies, bridge or private loans may have 6–24 month durations.
Most lenders require a minimum down payment of 15% to 35% of the property’s value, depending on the loan type and risk profile. CMHC-insured multifamily loans may offer up to 85–95% LTV, while conventional or private lenders typically lend less.
It depends on the type of loan.
CMHC loans: 6–12 weeks due to underwriting and insurance processes
Conventional loans: 4–8 weeks
Bridge or private loans: as fast as 5–14 business days
Expect to provide:
Property details (rent roll, operating expenses, leases)
Business or personal financial statements
Borrower net worth and liquidity breakdown
Purchase agreement (if applicable)
Project plan or renovation budget (for bridge/construction loans)
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