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7141 6th Line

Full Address: 7141 6th Line, Tottenham, ON L0G 1W0

 

Value: $9,000,000.00

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Description: Vacant Development Land (98.00 acres)

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Loan: $9,000,000.00 First Mortgage

($2,950,000.00 Group A + $6,050,000.00 Group B)

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Interest Rate: 10.15%

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Position: $100,000.00 (Group A)

 

Loan-to-Value 34.40%

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400 Garden Avenue

Full Address: 400 Garden Avenue, Brantford, ON, N3T 5M1

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Value: $3,500,000.00

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Description: Vacant Industrial Land (5.60 acres)

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Loan: $2,000,000.00 First Mortgage ($1,600,000.00 Group A + $400,000.00 Group B)

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Interest Rate: 8.25%

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Position: $700,000.00 (Group A)

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Loan to Value: 45.71%

520 Highway 8

Full Address: 520 Highway 8, Stoney Creek, ON, L8G 1G6

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Value: $2,800,000.00

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Description: Retail/Office Building

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Loan: $1,950,000.00 First Mortgage ($1,400,000.00 Group A + $550,000.00 Group B)

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Interest Rate: 10.20%

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Position: $100,000.00 (Group A)

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Loan-to-Value: 50.00%

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9-3600 Langstaff Road, Woodbridge, ON, L4L 9E7

(647) 607-6508

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