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Building Facade

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250 Sidney Street

SUBJECT PROPERTY: 250 Sidney Street, Belleville, ON, K8P 3Z3

SUBJECT PROPERTY VALUE: $8,500,000

SUBJECT PROPERTY DESCRIPTION: 300,000 Square Foot Commercial/Industrial Building

MORTGAGE AMOUNT: $1,250,000 First Mortgage

INTEREST RATE: 8.50%

MATURITY DATE: May 1st, 2023

BORROWER: 2589989 Ontario Inc.

OUR POSITION: $300,000 portion of the First Mortgage

OUR LOAN-TO-VALUE CALCULATION: 14.71%

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400 Garden Avenue

SUBJECT PROPERTY: 400 Garden Avenue, Brantford, ON, N3T 5M1

SUBJECT PROPERTY VALUE: $3,500,000

SUBJECT PROPERTY DESCRIPTION: 5.6 Acres of Vacant Industrial Land

MORTGAGE AMOUNT: $2,000,000 First Mortgage ($1,600,000 Class A + $400,000 Class B)

INTEREST RATE: 8.25%

MATURITY DATE: May 31st, 2022

BORROWER: 2277677 Ontario Corp.

OUR POSITION: $1,000,000 portion of the First Mortgage (Class A ONLY)

OUR LOAN-TO-VALUE CALCULATION: 45.71%

2266 Lakeshore Road West & 83 East Street

SUBJECT PROPERTY: 2266 Lakeshore Road West & 83 East Street, Oakville, ON L6L 3K6

SUBJECT PROPERTY VALUE: $12,000,000

SUBJECT PROPERTY DESCRIPTION: 0.59 Acre Development Site

MORTGAGE AMOUNT: $4,750,000 First Mortgage

INTEREST RATE: 8.00%

MATURITY DATE: May 12th, 2023

BORROWER: 2726102 Ontario Inc.

OUR POSITION: $200,000 portion of the First Mortgage

OUR LOAN-TO-VALUE CALCULATION: 39.58%

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