
Maple Place, Bracebridge
Secured private debt financing four premium semi-detached homes at 243–249 Maple Street, Bracebridge, Muskoka. The land is owned and the permits are approved.
- Total raise
- CAD $1,800,000
- Minimum investment
- $100,000
- Interest rate
- 14% fixed annual rate
- Term
- 12 months, 6-month extension option
- Security
- Registered first mortgage, target 60% LTV
- Partner capital
- $1.2M invested
- Use of funds
- Construction