Investment Property Mortgage Rates
Compare current rate ranges for conventional, commercial, and DSCR investment property mortgages across Canada.
Last updated: March 9, 2026
Conventional Residential (1-4 Units)
Standard investment property mortgages requiring full income qualification and 20% minimum down payment.
| Term | A-Lender Rate | B-Lender Rate |
|---|---|---|
| 1-Year Fixed | 5.79–6.29% | 6.49–7.49% |
| 2-Year Fixed | 4.89–5.39% | 5.99–6.99% |
| 3-Year Fixed | 4.49–4.99% | 5.69–6.69% |
| 5-Year Fixed | 4.29–4.89% | 5.49–6.49% |
| 5-Year Variable | 4.45–5.10% | 5.75–6.75% |
Investment property rates carry a 0.10–0.50% premium over primary residence rates. Minimum 20% down payment required (CMHC insurance not available for investment properties). Rates vary by credit score, amortization, and property type.
Commercial Multi-Family (5+ Units)
Financing for apartment buildings and larger multi-family investments, including CMHC-insured options.
| Product | Rate Range |
|---|---|
| CMHC MLI Select (5+ units) | 3.99–4.89% |
| CMHC MLI Standard (5+ units) | 4.49–5.29% |
| Conventional Commercial | 5.49–6.99% |
| Bridge/Construction | 7.99–10.99% |
CMHC MLI rates require mortgage insurance premiums (not included in rate). Commercial rates depend on property NOI, location, and borrower experience. Terms typically 5–10 years.
DSCR & Cash-Flow Based Loans
Qualify based on property rental income instead of personal income. Ideal for self-employed investors and portfolio scaling.
| Product | Rate Range |
|---|---|
| Canada DSCR (B-lender) | 7.49–8.49% |
| Canada Private (cash-flow based) | 8.99–12.99% |
| U.S. DSCR (30-yr fixed) | 7.25–8.75% |
| U.S. DSCR (interest-only) | 7.00–8.50% |
DSCR = Debt Service Coverage Ratio (rental income / total debt service). Higher DSCR ratios qualify for better rates. U.S. DSCR rates are for Canadian investors purchasing American properties.
Disclaimer: Rates shown are approximate ranges based on current market conditions and are subject to change without notice. Actual rates depend on credit score, down payment, property type, location, amortization, and lender-specific criteria. These rates are for informational purposes only and do not constitute a rate guarantee or mortgage offer. Contact us for a personalized rate quote based on your specific situation.
Get Your Personalized Rate
Published rates are starting points. Your actual rate depends on your credit profile, property details, and down payment. Book a strategy call to get a rate quote tailored to your investment.