Edmonton is the ultimate investment hub for multi-residential units with CMHC MLI Select! Here’s why: • 🚫 No Rent Control: Enjoy stability and predictability in your rental income. • 📈 Higher Affordable Housing Threshold: More tenants qualify, ensuring a vibrant community. • ⚖️ Tenant-Friendly Laws: A balanced legal framework that benefits both landlords and renters. • 💰 Affordable Prices: Lower entry costs mean a higher potential yield on your investment. • 🏦 No HST/Land Transfer Tax: Fewer
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1. MLI Select is a multi-unit mortgage loan insurance product by CMHC. 2. CMHC is a Govt corporation that provides mortgage loan insurance 3. The product is focused on affordability, accessibility, & energy efficient 4. it’s available for new construction & existing properties. 5. The minimum financing requirement is five or more units 6. Lender looks at cash flow, debt cover ratio, & Personal net worth 7. low interest rates, longer amortization, debt service requirement 8. In Conventional loans
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