Buying an Investment or Rental Property?

More Canadians are buying an investment or rental property, to augment their retirement planning. In some cases they get to benefit from: immediate income, as well as capital gains later when they sell the property.

At Sunlite Mortgage you will find flexible terms and conditions that meet a variety of financing needs. This includes purchasing single or multi residential properties, apartment buildings, storage facilities, or commercial and industrial rental properties.


Amortization period on investment properties can reach up to 30 years. As a result has two main advantages:

  • Interest paid on these mortgages is tax deductible.
  • The low monthly payment will reduce monthly carrying costs.

Additional Information:

Default Mortgage Insurance isn’t offered on investment properties. Therefore the minimum down payment is 20% of the property value. Although, it could be higher depending the property location, type of property or the borrower’s situation. With investment properties the higher the down payment, the more receptive the lender will be; as the risk is reduced.

At Sunlite; we take the time to know our clients, building and nurturing relationships so we can understand how to best help grow their real estate portfolio.

Our Sunlite Mortgage agents will walk you through the choices available and help you identify the most suitable mortgage product to your current situation; while looking at your short to medium goals. Call a Sunlite Mortgage agent today at 1.877.38LOANS and we will be happy to help you with a mortgage.

Apply Today, Approved Today 3 Simple Steps

    • 1. Apply Online or call 1-877-38LOANS
    • 2. Get Pre-Approval as easy as 1-2-3
    • 3. Get Pre-Approved, Start Home Shopping.
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