01Size the deal
Private & Hard-Money Lending in Mississauga, ON
Capitalor facts
- The Capitalor Commercial Debt Rate Index prices private & hard-money lending in Mississauga at 10.15% indicative.
- Mississauga scores 100 on the Capitalor Lender Density Score with 61 tracked lenders and brokers.
- The average Mississauga commercial transaction of $6,800,000 supports roughly $4,420,000 of senior debt at 65% LTV.
Indicative rate
10.15%
Lender density
100
Avg deal size
$6,800,000
Cap rate seed
5.2%
Capitalor Commercial Debt Rate Index · Last updated 2026-08-12 · Maintained by Capitalor Data Desk
Scope: Private & Hard-Money Lending · Mississauga, ON · Tier 1 market
Inputs: Benchmark + 700 bps spread, 61-lender census, 5.2% cap-rate seed
Next scheduled review: 2026-09-14
private & hard-money lending in Mississauga prices off the Government of Canada 5-year benchmark bond yield plus a 700 bps private & hard-money lending spread, landing at 10.15% indicative. Asset-backed debt priced for speed, story, and short duration. On the $6,800,000 average Mississauga transaction, a 65% advance is $4,420,000, carrying $487,595 of annual debt service on a 0-year amortization and a 1-year term.
Coverage binds before leverage here. At a mid-band 5.2% cap rate the asset throws off roughly $353,600 of NOI, which supports $3,205,351 at the 1.00x floor — about $1,214,649 below the 65% LTV ceiling. Underwrite to the coverage number and treat the LTV cap as a secondary test, or bring the gap in equity.
Mississauga scores 100 on the Capitalor Lender Density Score — a deep market, with 61 tracked lenders and brokers against 15,300 commercial buildings. Expect competitive tension on well-covenanted paper: quote at least three lenders before accepting a spread.
Stress the file before a lender does. Holding the $4,420,000 loan constant, coverage falls to the 1.00x floor at roughly 6.36% — 0.00% of headroom above today's indicative rate. That headroom, not the headline rate, is what determines whether this Mississauga deal survives renewal.
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.
Benchmark: GoC 5-year at 4.45% — observed from the Bank of Canada Valet API on 2026-08-12. Spread, LTV and DSCR figures on this page are modelled from that benchmark.
What does private & hard-money lending cost in Mississauga?
Indicative pricing sits at 10.15% with a 1.00x coverage floor and 65% LTV cap. On the $6,800,000 average Mississauga deal that is $3,205,351 of proceeds, bound by coverage, at $487,595 of annual debt service.
02Stress the debt
10 observations from 2026-06-10 to 2026-08-12. Net move +0.00 percentage points. Capitalor never deletes an observation.
Loan and NOI held constant. Where the curve crosses the floor line is the rate at which this deal stops covering its debt service.
DSCR calculator
Preset to Private & Hard-Money Lending, Mississauga
Annual debt service
$487,595
DSCR
0.73x
Below lender threshold
Max loan at 1.00x
$3,205,351
LTV calculator
Preset to Private & Hard-Money Lending, Mississauga
Current LTV
65.0%
Inside lender band
Max loan at cap
$4,420,000
Equity required
$2,380,000
03Compare lenders
Capitalor Lender Density Score — Mississauga
Active commercial lenders and brokers per 10,000 commercial buildings, indexed 0–100.
- Lenders tracked
- 26
- Observed
- Commercial buildings
- 15,300
05Decide
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04Choose city
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ActQuestions
What rate should I expect on private & hard-money lending in Mississauga?
10.15% indicative — the Government of Canada 5-year benchmark bond yield plus a 700 bps private & hard-money lending spread. Individual quotes move with covenant strength, asset quality, and sponsor track record, and Mississauga's deep lender market widens or narrows that dispersion.
How large a loan does a typical Mississauga deal support?
On the $6,800,000 average transaction, a 65% advance is $4,420,000. Coverage separately caps the loan at $3,205,351 using $353,600 of NOI against a 1.00x floor, so the binding number is $3,205,351.
Does coverage or leverage bind first on this product in Mississauga?
Coverage. The 5.2% cap rate leaves the DSCR test binding roughly $1,214,649 below the 65% LTV ceiling, so extra appraised value will not buy extra proceeds.
Why is the coverage floor only 1.00x?
Insurance or structural credit support lets private & hard-money lending clear at a lower coverage floor than conventional term debt. It buys proceeds, not safety: at 10.15% the deal still breaks coverage near 6.36%.
What is the annual debt service at that loan amount?
$487,595 per year — $40,633 monthly on a 0-year amortization at 10.15%, against a 1-year term.
How much rate headroom is there before the deal breaks coverage?
Roughly 0.00%. Holding the loan and NOI constant, coverage reaches the 1.00x floor at about 6.36% — the number that matters at renewal.
How many lenders write this product in Mississauga?
Capitalor tracks 61 active lenders and brokers in Mississauga, a Lender Density Score of 100 against 15,300 commercial buildings — a deep market.
Is this pricing a quote?
No. It is an index benchmark published for comparison, not an offer of credit. Capitalor does not originate, broker, or place debt.
How often does this page change?
Benchmark rate observations refresh each business day; the lender census refreshes monthly; cap-rate and transaction seeds refresh quarterly. Nothing is deleted from the series — revisions are appended so prior observations stay auditable.
Can I export these numbers?
Yes. The debt scope builder on this page exports a term-sheet-ready PDF from your own inputs. No email, no account, no gate.
Sources
- [1] Bank of Canada — benchmark rate series — Government of Canada 5-year benchmark bond yield and policy rate; refreshed each business day
- [2] Statistics Canada — census of population — Mississauga population base (717,961)
- [3] Capitalor lender census — 61 lenders and brokers observed writing in Mississauga; refreshed monthly
- [4] Capitalor transaction sampling — Mississauga average deal size $6,800,000 and 5.2% cap-rate seed
- [5] Capitalor Commercial Debt Rate Index — Private & Hard-Money Lending spread of 700 bps over the 5-year benchmark
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