01Size the deal
CMHC MLI Select in Canada
Capitalor facts
- The Capitalor Commercial Debt Rate Index places cmhc mli select at 4.05% indicative, a 90 bps spread over the Government of Canada 5-year benchmark.
- Typical structure: 85% LTV, 40-year amortization, 10-year term.
- The Capitalor DSCR Stress Band for this product starts at 1.10x coverage.
Indicative rate
4.05%
Typical LTV
85%
DSCR floor
1.10x
Term
10 yr
Capitalor Commercial Debt Rate Index · Last updated 2026-08-14 · Maintained by Capitalor Data Desk
Scope: CMHC MLI Select · tier 1 · 134 markets published
Inputs: GoC 5-yr benchmark + 90 bps · 85% LTV · 1.10x DSCR · 40-yr amortization
Next scheduled review: 2026-09-14
Insured multi-residential financing priced off CMHC point-scored criteria.
How these figures were produced
- Observed — Recorded directly from the cited source series, unadjusted.
- Modelled — Derived arithmetically from observed inputs using the published method; not a market quote.
- Baseline seed — A documented starting estimate awaiting first observation. Treat as an order-of-magnitude figure only.
02Stress the debt
DSCR calculator
Preset to CMHC MLI Select
Annual debt service
$227,369
DSCR
1.85x
Within Capitalor DSCR Stress Band
Max loan at 1.10x
$7,556,802
LTV calculator
Preset to CMHC MLI Select
Current LTV
69.2%
Inside lender band
Max loan at cap
$5,525,000
Equity required
$975,000
04Choose city
CMHC MLI Select by market
Debt service is computed on the market's average transaction at 85% LTV and 4.05% over 40 years.
134 rows
| CMHC MLI Select in Toronto | 1 | 100 | 5.1% | $8,600,000 | $7,310,000 | $369,348 |
| CMHC MLI Select in Montreal | 1 | 100 | 5.4% | $6,100,000 | $5,185,000 | $261,980 |
| CMHC MLI Select in Vancouver | 1 | 100 | 4.4% | $9,800,000 | $8,330,000 | $420,885 |
| CMHC MLI Select in Calgary | 1 | 100 | 6.2% | $5,400,000 | $4,590,000 | $231,916 |
| CMHC MLI Select in Edmonton | 1 | 100 | 6.6% | $4,300,000 | $3,655,000 | $184,674 |
| CMHC MLI Select in Ottawa | 1 | 100 | 5.6% | $5,200,000 | $4,420,000 | $223,327 |
| CMHC MLI Select in Winnipeg | 1 | 100 | 6.4% | $3,600,000 | $3,060,000 | $154,611 |
| CMHC MLI Select in Quebec City | 1 | 100 | 6.0% | $3,400,000 | $2,890,000 | $146,021 |
| CMHC MLI Select in Hamilton | 1 | 100 | 5.7% | $4,100,000 | $3,485,000 | $176,085 |
| CMHC MLI Select in Mississauga | 1 | 100 | 5.2% | $6,800,000 | $5,780,000 | $292,043 |
| CMHC MLI Select in Brampton | 1 | 100 | 5.4% | $5,100,000 | $4,335,000 | $219,032 |
| CMHC MLI Select in Surrey | 1 | 100 | 4.9% | $5,900,000 | $5,015,000 | $253,390 |
| CMHC MLI Select in Halifax | 2 | 100 | 5.8% | $3,900,000 | $3,315,000 | $167,495 |
| CMHC MLI Select in London | 2 | 100 | 6.1% | $3,200,000 | $2,720,000 | $137,432 |
| CMHC MLI Select in Victoria | 2 | 100 | 4.8% | $4,600,000 | $3,910,000 | $197,558 |
| CMHC MLI Select in Kitchener | 2 | 100 | 5.9% | $3,500,000 | $2,975,000 | $150,316 |
| CMHC MLI Select in Burnaby | 2 | 100 | 4.6% | $7,200,000 | $6,120,000 | $309,222 |
| CMHC MLI Select in Saskatoon | 2 | 100 | 6.7% | $2,900,000 | $2,465,000 | $124,548 |
| CMHC MLI Select in Regina | 2 | 100 | 6.9% | $2,600,000 | $2,210,000 | $111,663 |
| CMHC MLI Select in Windsor | 2 | 100 | 6.5% | $2,700,000 | $2,295,000 | $115,958 |
| CMHC MLI Select in Laval | 2 | 100 | 5.6% | $4,200,000 | $3,570,000 | $180,379 |
| CMHC MLI Select in Gatineau | 2 | 100 | 6.0% | $3,100,000 | $2,635,000 | $133,137 |
| CMHC MLI Select in Richmond | 3 | 100 | 4.7% | $6,400,000 | $5,440,000 | $274,864 |
| CMHC MLI Select in Oakville | 3 | 100 | 5.3% | $4,800,000 | $4,080,000 | $206,148 |
| CMHC MLI Select in Burlington | 3 | 100 | 5.5% | $4,300,000 | $3,655,000 | $184,674 |
| CMHC MLI Select in Kelowna | 3 | 100 | 5.4% | $3,700,000 | $3,145,000 | $158,906 |
| CMHC MLI Select in St. John's | 3 | 100 | 7.1% | $2,200,000 | $1,870,000 | $94,484 |
| CMHC MLI Select in Moncton | 3 | 100 | 7.0% | $2,000,000 | $1,700,000 | $85,895 |
| CMHC MLI Select in Guelph | 3 | 100 | 5.8% | $3,000,000 | $2,550,000 | $128,842 |
| CMHC MLI Select in Abbotsford | 3 | 100 | 5.2% | $3,800,000 | $3,230,000 | $163,200 |
| CMHC MLI Select in Vaughan | 2 | 100 | 5.2% | $6,200,000 | $5,270,000 | $266,274 |
| CMHC MLI Select in Markham | 2 | 100 | 5.1% | $5,900,000 | $5,015,000 | $253,390 |
| CMHC MLI Select in Richmond Hill | 3 | 100 | 5.3% | $4,700,000 | $3,995,000 | $201,853 |
| CMHC MLI Select in Oshawa | 2 | 100 | 6.0% | $3,100,000 | $2,635,000 | $133,137 |
| CMHC MLI Select in Barrie | 2 | 100 | 6.1% | $2,900,000 | $2,465,000 | $124,548 |
| CMHC MLI Select in St. Catharines | 2 | 100 | 6.3% | $2,600,000 | $2,210,000 | $111,663 |
| CMHC MLI Select in Kingston | 3 | 100 | 6.2% | $2,500,000 | $2,125,000 | $107,369 |
| CMHC MLI Select in Greater Sudbury | 3 | 100 | 7.0% | $2,200,000 | $1,870,000 | $94,484 |
| CMHC MLI Select in Thunder Bay | 3 | 100 | 7.3% | $1,900,000 | $1,615,000 | $81,600 |
| CMHC MLI Select in Peterborough | 3 | 100 | 6.6% | $2,000,000 | $1,700,000 | $85,895 |
| CMHC MLI Select in Belleville | 3 | 100 | 6.8% | $1,700,000 | $1,445,000 | $73,011 |
| CMHC MLI Select in Brantford | 3 | 100 | 6.4% | $2,100,000 | $1,785,000 | $90,190 |
| CMHC MLI Select in Cambridge | 3 | 100 | 6.0% | $2,800,000 | $2,380,000 | $120,253 |
| CMHC MLI Select in Milton | 3 | 100 | 5.5% | $4,000,000 | $3,400,000 | $171,790 |
| CMHC MLI Select in Ajax | 3 | 100 | 5.6% | $3,400,000 | $2,890,000 | $146,021 |
| CMHC MLI Select in Whitby | 3 | 100 | 5.7% | $3,300,000 | $2,805,000 | $141,727 |
| CMHC MLI Select in Sarnia | 3 | 100 | 7.0% | $1,800,000 | $1,530,000 | $77,305 |
| CMHC MLI Select in Longueuil | 2 | 100 | 5.8% | $3,300,000 | $2,805,000 | $141,727 |
| CMHC MLI Select in Sherbrooke | 3 | 100 | 6.5% | $2,200,000 | $1,870,000 | $94,484 |
| CMHC MLI Select in Trois-Rivières | 3 | 100 | 6.8% | $1,900,000 | $1,615,000 | $81,600 |
| CMHC MLI Select in Saguenay | 3 | 100 | 7.2% | $1,700,000 | $1,445,000 | $73,011 |
| CMHC MLI Select in Lévis | 3 | 100 | 6.3% | $2,300,000 | $1,955,000 | $98,779 |
| CMHC MLI Select in Red Deer | 3 | 100 | 7.4% | $1,900,000 | $1,615,000 | $81,600 |
| CMHC MLI Select in Lethbridge | 3 | 100 | 7.2% | $1,900,000 | $1,615,000 | $81,600 |
| CMHC MLI Select in Fort McMurray | 3 | 100 | 8.1% | $2,400,000 | $2,040,000 | $103,074 |
| CMHC MLI Select in Kamloops | 3 | 100 | 5.9% | $2,600,000 | $2,210,000 | $111,663 |
| CMHC MLI Select in Nanaimo | 3 | 100 | 5.6% | $2,700,000 | $2,295,000 | $115,958 |
| CMHC MLI Select in Chilliwack | 3 | 100 | 5.5% | $2,800,000 | $2,380,000 | $120,253 |
| CMHC MLI Select in Coquitlam | 2 | 100 | 4.8% | $5,200,000 | $4,420,000 | $223,327 |
| CMHC MLI Select in Langley | 3 | 100 | 5.0% | $4,400,000 | $3,740,000 | $188,969 |
| CMHC MLI Select in Fredericton | 3 | 100 | 7.0% | $1,700,000 | $1,445,000 | $73,011 |
| CMHC MLI Select in Saint John | 3 | 100 | 7.3% | $1,600,000 | $1,360,000 | $68,716 |
| CMHC MLI Select in Charlottetown | 3 | 100 | 6.9% | $1,700,000 | $1,445,000 | $73,011 |
| CMHC MLI Select in Whitehorse | 3 | 100 | 7.5% | $1,500,000 | $1,275,000 | $64,421 |
| CMHC MLI Select in Yellowknife | 3 | 100 | 8.0% | $1,400,000 | $1,190,000 | $60,126 |
| CMHC MLI Select in Iqaluit | 3 | 100 | 8.4% | $1,300,000 | $1,105,000 | $55,832 |
| CMHC MLI Select in Terrebonne | 2 | 100 | 6.1% | $2,100,000 | $1,785,000 | $90,190 |
| CMHC MLI Select in Saint-Jean-sur-Richelieu | 3 | 100 | 6.4% | $1,800,000 | $1,530,000 | $77,305 |
| CMHC MLI Select in Repentigny | 3 | 100 | 6.3% | $1,700,000 | $1,445,000 | $73,011 |
| CMHC MLI Select in Brossard | 3 | 100 | 5.7% | $1,800,000 | $1,530,000 | $77,305 |
| CMHC MLI Select in Drummondville | 3 | 100 | 6.9% | $1,600,000 | $1,360,000 | $68,716 |
| CMHC MLI Select in Saint-Jerome | 3 | 100 | 6.6% | $1,700,000 | $1,445,000 | $73,011 |
| CMHC MLI Select in Granby | 3 | 100 | 6.9% | $1,500,000 | $1,275,000 | $64,421 |
| CMHC MLI Select in Shawinigan | 3 | 100 | 7.6% | $1,300,000 | $1,105,000 | $55,832 |
| CMHC MLI Select in Rimouski | 3 | 100 | 7.4% | $1,300,000 | $1,105,000 | $55,832 |
| CMHC MLI Select in Victoriaville | 3 | 100 | 7.2% | $1,300,000 | $1,105,000 | $55,832 |
| CMHC MLI Select in Rouyn-Noranda | 3 | 100 | 7.8% | $1,200,000 | $1,020,000 | $51,537 |
| CMHC MLI Select in Val-d'Or | 3 | 100 | 8.0% | $1,100,000 | $935,000 | $47,242 |
| CMHC MLI Select in Sept-Iles | 3 | 100 | 8.2% | $1,000,000 | $850,000 | $42,947 |
| CMHC MLI Select in Salaberry-de-Valleyfield | 3 | 100 | 7.0% | $1,200,000 | $1,020,000 | $51,537 |
| CMHC MLI Select in Newmarket | 3 | 100 | 5.6% | $2,000,000 | $1,700,000 | $85,895 |
| CMHC MLI Select in Pickering | 3 | 100 | 5.7% | $2,200,000 | $1,870,000 | $94,484 |
| CMHC MLI Select in Caledon | 3 | 100 | 5.8% | $1,900,000 | $1,615,000 | $81,600 |
| CMHC MLI Select in Niagara Falls | 3 | 100 | 6.3% | $2,100,000 | $1,785,000 | $90,190 |
| CMHC MLI Select in Waterloo | 2 | 100 | 5.8% | $2,500,000 | $2,125,000 | $107,369 |
| CMHC MLI Select in Chatham-Kent | 2 | 100 | 7.0% | $2,300,000 | $1,955,000 | $98,779 |
| CMHC MLI Select in Norfolk County | 3 | 100 | 7.1% | $1,800,000 | $1,530,000 | $77,305 |
| CMHC MLI Select in Welland | 3 | 100 | 6.7% | $1,600,000 | $1,360,000 | $68,716 |
| CMHC MLI Select in North Bay | 3 | 100 | 7.3% | $1,600,000 | $1,360,000 | $68,716 |
| CMHC MLI Select in Sault Ste. Marie | 3 | 100 | 7.5% | $1,800,000 | $1,530,000 | $77,305 |
| CMHC MLI Select in Cornwall | 3 | 100 | 7.2% | $1,500,000 | $1,275,000 | $64,421 |
| CMHC MLI Select in Timmins | 3 | 100 | 7.9% | $1,400,000 | $1,190,000 | $60,126 |
| CMHC MLI Select in Orillia | 3 | 100 | 6.9% | $1,300,000 | $1,105,000 | $55,832 |
| CMHC MLI Select in Woodstock | 3 | 100 | 6.7% | $1,500,000 | $1,275,000 | $64,421 |
| CMHC MLI Select in Stratford | 3 | 100 | 6.8% | $1,300,000 | $1,105,000 | $55,832 |
| CMHC MLI Select in Owen Sound | 3 | 100 | 7.2% | $1,200,000 | $1,020,000 | $51,537 |
| CMHC MLI Select in Bradford West Gwillimbury | 3 | 100 | 6.0% | $1,500,000 | $1,275,000 | $64,421 |
| CMHC MLI Select in Halton Hills | 3 | 100 | 5.9% | $1,700,000 | $1,445,000 | $73,011 |
| CMHC MLI Select in Airdrie | 3 | 100 | 6.8% | $1,700,000 | $1,445,000 | $73,011 |
| CMHC MLI Select in St. Albert | 3 | 100 | 6.9% | $1,600,000 | $1,360,000 | $68,716 |
| CMHC MLI Select in Grande Prairie | 3 | 100 | 7.6% | $1,600,000 | $1,360,000 | $68,716 |
| CMHC MLI Select in Medicine Hat | 3 | 100 | 7.6% | $1,600,000 | $1,360,000 | $68,716 |
| CMHC MLI Select in Spruce Grove | 3 | 100 | 7.1% | $1,300,000 | $1,105,000 | $55,832 |
| CMHC MLI Select in Leduc | 3 | 100 | 7.2% | $1,200,000 | $1,020,000 | $51,537 |
| CMHC MLI Select in Fort Saskatchewan | 3 | 100 | 7.3% | $1,100,000 | $935,000 | $47,242 |
| CMHC MLI Select in Okotoks | 3 | 100 | 6.9% | $1,200,000 | $1,020,000 | $51,537 |
| CMHC MLI Select in Cochrane | 3 | 100 | 6.9% | $1,200,000 | $1,020,000 | $51,537 |
| CMHC MLI Select in West Kelowna | 3 | 100 | 5.6% | $1,700,000 | $1,445,000 | $73,011 |
| CMHC MLI Select in Vernon | 3 | 100 | 5.9% | $1,800,000 | $1,530,000 | $77,305 |
| CMHC MLI Select in Penticton | 3 | 100 | 5.8% | $1,700,000 | $1,445,000 | $73,011 |
| CMHC MLI Select in Courtenay | 3 | 100 | 5.8% | $1,600,000 | $1,360,000 | $68,716 |
| CMHC MLI Select in Campbell River | 3 | 100 | 6.1% | $1,700,000 | $1,445,000 | $73,011 |
| CMHC MLI Select in Cranbrook | 3 | 100 | 6.6% | $1,500,000 | $1,275,000 | $64,421 |
| CMHC MLI Select in Prince George | 3 | 100 | 6.8% | $2,400,000 | $2,040,000 | $103,074 |
| CMHC MLI Select in Delta | 2 | 100 | 5.0% | $2,900,000 | $2,465,000 | $124,548 |
| CMHC MLI Select in Maple Ridge | 3 | 100 | 5.2% | $2,600,000 | $2,210,000 | $111,663 |
| CMHC MLI Select in New Westminster | 3 | 100 | 4.9% | $2,400,000 | $2,040,000 | $103,074 |
| CMHC MLI Select in North Vancouver | 3 | 100 | 4.7% | $2,100,000 | $1,785,000 | $90,190 |
| CMHC MLI Select in Port Coquitlam | 3 | 100 | 5.1% | $2,100,000 | $1,785,000 | $90,190 |
| CMHC MLI Select in Brandon | 3 | 100 | 7.1% | $1,100,000 | $935,000 | $47,242 |
| CMHC MLI Select in Steinbach | 3 | 100 | 7.4% | $800,000 | $680,000 | $34,358 |
| CMHC MLI Select in Winkler | 3 | 100 | 7.6% | $800,000 | $680,000 | $34,358 |
| CMHC MLI Select in Moose Jaw | 3 | 100 | 7.5% | $900,000 | $765,000 | $38,653 |
| CMHC MLI Select in Prince Albert | 3 | 100 | 7.7% | $1,000,000 | $850,000 | $42,947 |
| CMHC MLI Select in Swift Current | 3 | 100 | 7.8% | $800,000 | $680,000 | $34,358 |
| CMHC MLI Select in Sydney | 3 | 100 | 7.6% | $1,000,000 | $850,000 | $42,947 |
| CMHC MLI Select in Truro | 3 | 100 | 7.5% | $800,000 | $680,000 | $34,358 |
| CMHC MLI Select in Dartmouth | 3 | 100 | 6.0% | $1,600,000 | $1,360,000 | $68,716 |
| CMHC MLI Select in Dieppe | 3 | 100 | 6.9% | $800,000 | $680,000 | $34,358 |
| CMHC MLI Select in Miramichi | 3 | 100 | 7.7% | $700,000 | $595,000 | $30,063 |
| CMHC MLI Select in Bathurst | 3 | 100 | 7.9% | $700,000 | $595,000 | $30,063 |
| CMHC MLI Select in Corner Brook | 3 | 100 | 7.8% | $700,000 | $595,000 | $30,063 |
| CMHC MLI Select in Mount Pearl | 3 | 100 | 7.3% | $700,000 | $595,000 | $30,063 |
| CMHC MLI Select in Summerside | 3 | 100 | 7.2% | $700,000 | $595,000 | $30,063 |
Related products
ActQuestions
What rate does cmhc mli select carry today?
The Capitalor Commercial Debt Rate Index shows 4.05% indicative, a 90 bps spread over the GoC 5-year benchmark.
What does cmhc mli select cost to service per $1M borrowed?
$50,526 a year at 4.05% over 40 years. That is servicing cost only — premiums, fees, and prepayment terms sit outside it.
How much equity will a lender expect?
At 85% LTV the sponsor funds the remaining 15% plus closing costs.
Which coverage ratio clears credit?
1.10x is the floor in the Capitalor DSCR Stress Band for this product. Below it, proceeds are cut until coverage clears rather than the file being repriced.
In how many Canadian markets does Capitalor publish cmhc mli select data?
134. Tier 1 products publish only in markets deep enough to support them, so the count is deliberately short of all 66 tracked markets.
Sources
- [1] Bank of Canada valet API — GoC 5-year benchmark
- [2] Capitalor lender term sampling — LTV, DSCR, amortization norms
Not advice — Capitalor is a data publisher. We do not originate, broker, arrange, or place debt, and nothing here is an offer of credit, a quote, or financial advice. Figures are indicative benchmarks for comparison and must be confirmed with a licensed lender or mortgage professional before you rely on them. About Capitalor