CMHC's term for the percentage of projected market rent that a newly constructed or substantially renovated rental property is expected to achieve. Typically expressed as a percentage (e.g., 85% renta
Strategy Call
Discuss your goals and financing needs
Get Pre-Approved
We match you with the right lender
Close Your Deal
Fast closings with expert support
CMHC's term for the percentage of projected market rent that a newly constructed or substantially renovated rental property is expected to achieve. Typically expressed as a percentage (e.g., 85% rental achievement), it's used in ACLP assessments to conservatively estimate property NOI and determine lending capacity during the lease-up phase of a multifamily development.
← Mortgage & Real Estate Glossary 2026 · Editorial standards
Talk to a mortgage financing specialist for investors and get personalized guidance.
We use privacy-friendly analytics (no ad tracking). Calculator settings are saved on your device. See our Privacy Policy .