Apartment Buildings A p a r t m e n t B u i l d i n g s

Apartment building financing in Ontario requires 25-35% down payment, DSCR of 1.25+, and cap rates of 3.8-6.5%. CMHC MLI Select offers up to 95% LTV for qualifying buildings. Rent control applies to units built before Nov 2018 (2026 guideline: 2.1%). Rising vacancy rates (national 3.1%+ as of 2025) are softening some markets. Focus on 5+ unit buildings with strong cash flow in secondary markets for best returns.