1335 PLAINS RD EAST
|1st POSITION MORTGAGE:||$5,000,000|
|LOAN TO VALUE:||85.30%|
|TOTAL UNITS:||33 unit townhomes|
CORE facilitated a first position mortgage to purchase and provide soft cost financing for the developers of Glendor Towns, a 33 unit townhouse development in the heart of Burlington ON. This contemporary designed project sits minutes away from the nearby amenities such as the Burlington GO station, Mapleview Shopping Center, Walmart and IKEA.
COMPLETION VALUE: $19,000,000
Completion value estimated at the time of investment.
Capital Partners Inc. (FSCO Brokerage No. 12497) Mortgage administration by Platinum Investment Group o/a CORE Mortgage Admin. Corp. (FSCO Mortgage Administration No. 12345)