Land Development Financing Canada

From subdivision and site grading to deep utilities and frontage works, land projects move through defined stages. We simplify financing by matching structure to your approvals timeline, servicing scope, and disposition strategy (build-to-hold, lot sales, or vertical development), then bring targeted quotes that fit the risk and schedule.

Who We Serve

• Builders and developers taking entitled land through servicing

• Groups subdividing for lot sales or phased builds

• Sponsors assembling sites ahead of rezoning or plan adoption

• Joint ventures needing capital aligned to milestone draws

Projects We Finance

• Residential subdivisions: Single-family and townhome communities

• Mixed-use parcels: Urban and suburban sites with future vertical

• Industrial and business parks: Graded and serviced lots for sale or build-to-suit

• Commercial sites: Retail pads and mixed-use with staged frontage improvements

Eligible Scenarios

• Acquisition + entitlement: Short-term capital while rezoning, OCP/ASP, or subdivision advances

• Servicing loans: Earthworks, roads, water, sewer, storm, power, and frontage

• Bridge to vertical: Interim funding from servicing completion to construction starts

• Inventory and carry: Hold finished lots through presales or leasing milestones

How Land Development Financing Is Structured

We start with approvals status, servicing design, budget, and exit.

• Draws: Milestone or QS-verified progress draws with retainage where required

• Interest: Interest-only during development; capitalization considered on a case-by-case basis

• Leverage: Sized to as-is and as-improved value, cost to complete, and pre-sale/LOI support

• Covenants: Practical requirements around permits, off-site levies, and servicing agreements

• Exits: Lot sales, vertical construction, or refinance aligned from the outset

Typical Loan Parameters and Eligibility

(Actual terms vary by market, asset, sponsor, and lender policy.)

• LTC / LTV: Often 55–70% of cost and 50–65% of as-is/as-improved value

• Term: Usually 12–24 months with extension options tied to milestones

• Pricing: Market rates plus transparent lender, legal, and third-party costs

• Security & recourse: First charge over lands and agreements; guarantees depend on leverage and risk

• Sponsor basics: Relevant development experience, adequate liquidity, credible schedule and budget

Streamlined Documents Checklist

We stage what’s needed so approvals and site work stay on track.

• Planning & approvals: Current zoning, rezoning/DP/SUB status, servicing and development agreements

• Engineering: Stamped drawings, budgets, tender results, and construction schedules

• Reports: Appraisal, environmental (Phase I/II as needed), geotech, and off-site levy confirmations

• Sales & leasing (if applicable): Presale commitments, LOIs, or brokerage opinions

• Corporate: Project entity structure and sponsor financial summary

Process and Timelines

• Initial review (1–3 business days): Indicative sizing, pricing, and lender short list

• Term sheets (5–10 business days): Competitive quotes matched to your schedule

• Diligence and approvals (2–5 weeks): Appraisal, environmental, legal, and QS setup

• Funding and draws: Conditions satisfied, insurance bound, and draw mechanics established to keep trades paid

Why Work With Us

• Structure first: Financing aligned to approvals, servicing, and sales cadence

• Breadth of capital: Banks, credit unions, and private lenders active in land and servicing

• Clarity and speed: Milestones, early issue spotting, and plain language

• National coverage: Support across major metros and strong secondary markets

Get Started

Message our team to talk through your plan, timeline, and market. We’ll outline practical options for land development financing in Canada so you can compare terms and move forward with confidence.