Posted by: Don Bayer, CFP
In this video blog, the subject property is a 1000 sq.ft bungalow purchased for approximately $800,000.00 in the Yonge & Eglinton area. The family who lives and inhabits the property has made the decision to add a second floor to the property, similar to a few of the other properties on the same street.
Construction or renovation financing can be a difficult thing to obtain financing for. Your typical bank will balk at such a project, and often times home-owners are unsure where to go in order to get the money they need.
MonsterMortgage.ca has helped a number of families with their Construction Financing needs; previous projects range from full tear-downs to full-floor additions.
If you have any questions about a construction or renovation project that you’d like to undertake, do not hesitate to contact MonsterMortgage.ca at 416-480-0234 or by visiting this online at www.monstermortgage.ca