Residential Brokers

  • August 17, 2022

    Are there property types that are excluded

    Properties with wood foundations Properties on a flood plain Properties on leased land Remote rural properties Properties outside the primary lending areas with a value of less than $150,000.00 Mobile homes Remediated grow ops/meth labs Properties with holding tanks Properties on cisterns Properties with a shared well Farm land from which income is derived Properties where the sole source of heat is an outdoor furnace Log homes Properties with any gas tanks or fuel storage Properties that show an apparent

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  • What small centres does Magenta Capital Corporation lend in?

    Magenta Capital Corporation funds real estate properties in the following small centres in Eastern and Southwestern Ontario: EASTERN ONTARIO Almonte Arnprior Bath Carp Chesterville Clarence-Rockland Embrun Gananoque Greely Kemptville Metcalfe Napanee Osgoode Perth Renfrew Richmond Russell Smiths Falls Wendover SOUTHWESTERN Acton Arthur Aylmer Ayr Baden Binbrook Delhi Dorchester Elmira Elora Exeter Fergus Forest Grand Bend Grimsby Ingersoll Kilworth Listowel Lucan Milverton Mt. Brydges New Dundee New Hamburg Orangeville Paris Plattsville Port Stanley Rockwood Saint George Simcoe Smithville St. Thomas Stratford

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  • What urban centres does Magenta Capital Corporation lend in?

    Magenta Capital Corporation funds real estate properties in the following urban centres in Eastern and Southwestern Ontario: EASTERN ONTARIO Kingston, including : • Amherstview Ottawa, including : • Avalon • Barrhaven • Bells Corners • Carleton Place • Chapel Hill South • Fallingbrook • Gloucester • Kanata • Manotick • Nepean • Orleans SOUTHWESTERN ONTARIO Brantford Burlington Cambridge Georgetown Guelph Hamilton, including : • Stoney Creek • Dundas • Ancaster • Waterdown Kitchener London Milton Oakville Waterloo Woodstock

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  • Where does Magenta Capital Corporation lend?

    Magenta Capital Corporation funds real estate properties located in strong, stable urban markets where we have deep experience and understanding of property valuations, like Ottawa, Cambridge and Kitchener-Waterloo.

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  • How do I submit a deal to Magenta Capital Corporation?

    After the broker and regional manager discuss the deal, the broker will submit the file using the platform of their choice. An underwriter and funder will be assigned, and the file will be completed through a solicitor.

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  • What types of properties do you lend on?

    Quality residential real estate located in strong, urban real estate markets in Ontario, with a heavy overweighting of 1st mortgages secured by owner occupied single family homes.

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