Investor Roadmap

The Buying Process

From your first conversation to owning a multi-family asset — here is exactly what to expect at each stage of a CMHC MLI Select purchase.

9
Steps to Close
5%
Deposit Required
60–90
Day CMHC Window
Step-by-Step

From First Call to Final Close

Phase 1 — Pre-Approval
01
Pre Qualification
Initial consultation to understand your financial position and determine investor eligibility. We assess net worth, available capital, and investment goals to confirm fit with the MLI Select program.
Initial Consultation
02
Allocation Request
Once qualified, a worksheet is submitted to the Builder on your behalf to formally request purchase allocation for your selected property.
Builder Submission
03
Due Diligence
Our preferred mortgage broker simultaneously qualifies both the investor and the project. This includes a review of property viability, projected cash flow, and CMHC MLI Select eligibility criteria.
Broker + Project Review
Phase 2 — Secure the Deal
04
Lender Satisfied
The lender issues a Letter of Intent outlining the mortgage terms and conditions. This confirms the financing structure before you commit to the purchase.
Letter of Intent Issued
05
Deal Firmed
The first deposit is submitted to the Builder, firming the agreement. The purchase is now conditional on CMHC approval and project viability as outlined in the APS.
Deposit Submitted
06
Preparation & Submission
The full application package is submitted to CMHC. This stage typically takes 60 to 90 days while CMHC reviews the project and issues the Certificate of Insurance (COI).
60–90 Day CMHC Window
Phase 3 — Close & Launch
07
CMHC Acceptance
CMHC approves the project and insurance is confirmed. Your lawyer is introduced at this stage to begin preparation for closing.
CMHC Approved
08
Pre Leasing Before Completion
While construction completes, property management begins advertising and leasing units — with the goal of achieving maximum occupancy before you take title. Tenancy levels at closing will vary by project.
Revenue Begins
09
Project Completion
Congratulations — you have closed on your multi-family property. The goal is to have maximum units leased by completion. The property is professionally managed under the 50-year amortization structure. Actual occupancy at closing will depend on market conditions and project timing.
Keys in Hand
What to Expect

Built for Passive Investors

🏦
No Personal Income Qualification
CMHC MLI Select qualifies you based on net worth — not your T4. It does not appear on your personal credit bureau.
🔒
Conditional Agreement Protection
Your agreement is conditional on project and CMHC viability. If CMHC doesn't approve, you can exit without penalty.
🏘️
Pre-Leasing Before Completion
Property management begins marketing and leasing units before construction completes. The goal is maximum occupancy at handover — actual tenancy levels at closing will vary by project.

Full terms and conditions, including details of these provisions, will be outlined in the Agreement of Purchase and Sale.

This document is for general information purposes only and is based on assumptions. Past performance is not indicative of future results. The information provided herein does not constitute financial, investment, or legal advice. Every purchase is unique. No guarantees or warranties are made regarding the accuracy or reliability of this content. Please consult with your lawyer and lender for guidance specific to your transaction.

Ready to Start?

Begin with a Strategy Call

Step 1 starts with a 30-minute call where we assess your eligibility and walk you through the right property for your goals. No commitment required.

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