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Only 10% Down

When buying an Investment property in Ontario, you will
need a minimum down-payment of 10%. The other 90%
can be covered by an Investment Mortgage. Our Mortgage Agents can guide you to the right Lending Institutions.

Some elements to consider are:

High-ratio mortgages (>80%) require mortgage default insurance
A lower down-payment can put pressure on rental income
TDS ratio up to 45%
Amortization period up to 35 years
80% of rental income is considered
Multiple sources for down-payment
   

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