Industrial Property Acquisition
Commercial mortgage solutions for purchasing industrial warehouses, manufacturing facilities, distribution centres and industrial condominium units across Canada.
Industrial Mortgage Refinancing
Refinance existing industrial properties, warehouses and manufacturing facilities to access available equity, consolidate debt, improve mortgage terms or fund property upgrades.
Industrial Construction & Development
Explore financing for new industrial buildings, warehouse construction, manufacturing facilities, commercial land acquisition, expansions and redevelopment projects across Canada.
Our Industrial & Warehouse Financing Solutions
Industrial Condominium Unit Financing
Commercial mortgage solutions for purchasing or refinancing individual industrial condominium units, including owner-occupied units, warehouse condos, contractor units and investment properties. Financing options are evaluated based on the property, business use, borrower qualifications and condominium arrangements.
Large Industrial Building Financing
Financing solutions for standalone industrial buildings, multi-tenant industrial properties, manufacturing plants and large industrial facilities. Options may include acquisition financing, mortgage refinancing and equity take-out for qualified owners and investors.
Warehouse & Distribution Centre Financing
Commercial financing for warehouses, logistics centres, distribution facilities and properties with loading docks, storage areas and specialized warehouse infrastructure. Financing may be considered for both owner-occupied and income-producing industrial properties.
Manufacturing Facility Financing
Mortgage financing for industrial buildings used in manufacturing, fabrication, assembly, processing and production. Lenders may consider the borrower’s business operations, property characteristics, specialized building improvements and financial performance.
Industrial Construction & Development Financing
Financing options for industrial land acquisition, ground-up warehouse construction, industrial condominium developments and expansion of existing facilities. Construction budgets, zoning, development approvals, project feasibility and borrower experience are important considerations.
Industrial Property Refinancing & Equity Take-Out
Refinancing solutions for existing industrial properties to restructure debt, access available equity, improve cash flow, fund property upgrades or support business expansion and future investments.
Flex Industrial & Multi-Tenant Property Financing
Financing for flexible industrial spaces combining warehousing, light manufacturing, showroom and office areas, as well as multi-unit industrial buildings leased to commercial tenants. Lenders assess tenant quality, lease terms, property condition and income stability.
Industrial Property Financing Options in Canada
True North Financing helps businesses, investors and property owners explore commercial mortgage solutions for industrial properties across primary, secondary and tertiary markets throughout Canada. Financing options may be available for stabilized investment properties, vacant industrial buildings, properties with upcoming lease expirations and facilities requiring repositioning or improvements.
Investment Industrial Property Financing
Conventional Term Financing
For qualifying income-producing industrial properties, conventional commercial mortgages may offer financing of up to 75% loan-to-value (LTV), depending on the lender, tenant profile, occupancy, rental income, borrower qualifications and property valuation. Actual financing limits vary.
Industrial Bridge Financing
Bridge loans can provide short-term financing for industrial property acquisitions, lease-up, renovations, refinancing or repositioning. Specialized higher-leverage arrangements may be considered in certain transactions, potentially approaching 90% LTV where sufficient additional collateral or other security is available. Availability and terms require specific lender confirmation.
Owner-Occupied Industrial Property Financing
Industrial Condo & Owner-User Mortgages
Businesses purchasing industrial condominium units, standalone warehouses, manufacturing facilities or industrial properties for their own operations may qualify for specialized owner-occupied commercial mortgage programs. Lenders generally assess business cash flow, property use, available equity and repayment capacity.
High-Ratio Owner-Occupied Financing
Certain specialized lending arrangements may offer higher financing percentages for eligible owner-occupied industrial properties. In limited circumstances, combined financing approaching 100% of eligible costs may be considered through qualifying programs, additional security or lender-specific structures. Such arrangements are exceptional and are not standard commercial mortgage offerings.
Financing for Vacant & Transitional Industrial Properties
Industrial properties with vacancies, upcoming tenant rollover or repositioning requirements may be considered by lenders offering bridge, private or alternative commercial financing. Lenders assess property condition, location, borrower financial strength, stabilization plans and the proposed repayment or exit strategy.
Financing amounts, loan-to-value ratios, terms and approvals are subject to lender underwriting, borrower eligibility, property valuation, available security and applicable financing programs. Higher-leverage financing is not guaranteed.
Frequently Asked Questions
Yes. Commercial mortgage financing may be available for industrial condominium units used by business owners or purchased as investments. Lenders typically assess the property's location, permitted use, market value, condominium corporation, financial performance, and the borrower's qualifications. Both newly constructed and resale industrial condo units may be considered.
Down payment requirements vary depending on whether the property is owner-occupied or investment-owned, the lender, property valuation, business performance, and available collateral. Some qualifying investment properties may obtain financing up to 75% loan-to-value (LTV), while eligible owner-users may have access to higher-leverage programs. The final financing amount is subject to lender approval.
Certain specialized financing structures may provide financing approaching 100% of eligible costs for qualifying owner-occupied industrial properties, potentially involving additional collateral, government-supported programs, or other lender-specific arrangements. However, 100% financing is not a standard commercial mortgage offering and should not be assumed available. Eligibility and actual financing limits must be confirmed with the lender.
Yes. Commercial mortgage financing may be available for large standalone warehouses, logistics facilities, distribution centres, manufacturing buildings, and multi-tenant industrial properties. Lenders consider location, building condition, permitted use, tenant quality, lease income, operating expenses, environmental risks, and overall debt-servicing capacity.
Potentially. Bridge financing may be available for industrial buildings experiencing vacancy, upcoming lease expirations, renovations, tenant improvements, or repositioning. Certain specialized lenders may consider higher-leverage transactions, but terms depend on property value, additional security, borrower strength, and a credible exit strategy. High LTV ratios are not guaranteed.
Yes. Eligible industrial properties may be refinanced to consolidate debt, access available equity, fund building improvements, support business expansion, or finance additional investments. Lenders generally review the property's appraised value, current mortgage balance, occupancy or business use, cash flow, and the borrower's financial strength.
Requirements typically include property details, purchase agreements or current mortgage statements, borrower financial statements, business financial records, rental income and lease information where applicable, and property valuation documents. Lenders may also request environmental assessments, zoning confirmation, building condition reports, condominium corporation documentation, and construction budgets for development projects.