Key takeaways
- 5+ unit residential is commercial lending.
- Lenders focus on debt service coverage (rent vs payments).
- CMHC-insured multi-unit financing can offer long amortizations.
What counts as a commercial mortgage?
- Residential buildings with 5 or more units
- Mixed-use (retail + residential)
- Office, industrial and retail
How are commercial mortgages priced?
By the property's net operating income, debt service coverage ratio, loan-to-value and borrower strength.
Frequently asked questions
Can I get commercial bids on MortgageBids.ca?
Yes. Brokerages and lenders with commercial programs can bid.
MBWritten by the MortgageBids.ca editorial team. Last updated October 7, 2026. General information only; your lender confirms terms for your file.
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