01Size the deal
Private & Hard-Money Lending in Canada
Capitalor facts
- The Capitalor Commercial Debt Rate Index places private & hard-money lending at 10.15% indicative, a 700 bps spread over the Government of Canada 5-year benchmark.
- Typical structure: 65% LTV, interest-only, 1-year term.
- The Capitalor DSCR Stress Band for this product starts at 1.00x coverage.
Indicative rate
10.15%
Typical LTV
65%
DSCR floor
1.00x
Term
1 yr
Capitalor Commercial Debt Rate Index · Last updated 2026-08-14 · Maintained by Capitalor Data Desk
Scope: Private & Hard-Money Lending · tier 3 · 12 markets published
Inputs: GoC 5-yr benchmark + 700 bps · 65% LTV · 1.00x DSCR · 25-yr amortization
Next scheduled review: 2026-09-14
Asset-backed debt priced for speed, story, and short duration.
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 Private & Hard-Money Lending
Annual debt service
$496,420
DSCR
0.85x
Below lender threshold
Max loan at 1.00x
$3,807,260
LTV calculator
Preset to Private & Hard-Money Lending
Current LTV
69.2%
Above lender band
Max loan at cap
$4,225,000
Equity required
$2,275,000
04Choose city
Private & Hard-Money Lending by market
Debt service is computed on the market's average transaction at 65% LTV and 10.15% over 25 years.
| Private & Hard-Money Lending in Toronto | 1 | 100 | 5.1% | $8,600,000 | $5,590,000 | $616,664 |
| Private & Hard-Money Lending in Montreal | 1 | 100 | 5.4% | $6,100,000 | $3,965,000 | $437,401 |
| Private & Hard-Money Lending in Vancouver | 1 | 100 | 4.4% | $9,800,000 | $6,370,000 | $702,710 |
| Private & Hard-Money Lending in Calgary | 1 | 100 | 6.2% | $5,400,000 | $3,510,000 | $387,208 |
| Private & Hard-Money Lending in Edmonton | 1 | 100 | 6.6% | $4,300,000 | $2,795,000 | $308,332 |
| Private & Hard-Money Lending in Ottawa | 1 | 100 | 5.6% | $5,200,000 | $3,380,000 | $372,867 |
| Private & Hard-Money Lending in Winnipeg | 1 | 100 | 6.4% | $3,600,000 | $2,340,000 | $258,138 |
| Private & Hard-Money Lending in Quebec City | 1 | 100 | 6.0% | $3,400,000 | $2,210,000 | $243,797 |
| Private & Hard-Money Lending in Hamilton | 1 | 100 | 5.7% | $4,100,000 | $2,665,000 | $293,991 |
| Private & Hard-Money Lending in Mississauga | 1 | 100 | 5.2% | $6,800,000 | $4,420,000 | $487,595 |
| Private & Hard-Money Lending in Brampton | 1 | 100 | 5.4% | $5,100,000 | $3,315,000 | $365,696 |
| Private & Hard-Money Lending in Surrey | 1 | 100 | 4.9% | $5,900,000 | $3,835,000 | $423,060 |
ActQuestions
What rate does private & hard-money lending carry today?
The Capitalor Commercial Debt Rate Index shows 10.15% indicative, a 700 bps spread over the GoC 5-year benchmark.
What does private & hard-money lending cost to service per $1M borrowed?
$110,316 a year at 10.15% over an interest-only structure priced against a 25-year equivalent. That is servicing cost only — premiums, fees, and prepayment terms sit outside it.
How much equity will a lender expect?
At 65% LTV the sponsor funds the remaining 35% plus closing costs.
Which coverage ratio clears credit?
1.00x 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 private & hard-money lending data?
12. Tier 3 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