Last Updated: February 25, 2025
The ADU and multiplex conversion financing market is still nascent, with ongoing changes in government policies, zoning laws, and lending products across the country. As demand for affordable housing and densification solutions increases, new financing mechanisms are expected to develop, offering more flexible and accessible options for homeowners and investors.
Personal lending products, residential and commercial mortgages offered by lenders are subject to their standard lending criteria. Conditions apply. For more information please contact the lenders directly.
Allows refinancing up to 90% of the home’s ‘as-improved’ value to fund secondary suite construction. Ideal for homeowners adding basement suites, laneway houses, garden suites.
An enhanced residential construction mortgage program that allows homeowners to finance up to 5 additional units such as laneway homes, garden suites, modular units, and other auxiliary dwelling units.
National Bank offers financing for renovations and additional dwelling units (ADUs) in Canada providing a mix of products including existing equity, renovation programs and refinancing.
An innovative construction loan to help Canadian homeowners finance the building of laneway homes or garden suites on their property. Available to homeowners in the Greater Toronto Area, Greater Vancouver Area, Calgary through the bank’s mortgage broker partners.
Designed to assist homeowners in British Columbia in financing the construction or purchase of a laneway house on their property.
Vancity now offers construction financing for strata duplexes, triplexes, and fourplexes in British Columbia. The program allows for lending of up to 80% of the project cost whether you're building for family, collaborating with friends, or developing to sell. Any inquiries can be directed to multiplex@vancity.com.
Libro Credit Union is partnered with Laneway Homes to provide financing for Laneway Homes’ products.
Tailored financing solutions for laneway housing in Toronto.
Provides flexible financing options that can be leveraged for smaller scale commercial gentle density projects. These options include construction financing, term financing, retrofit financing, CMHC insured financing, acquisition financing and retrofit housing.
Financing Options
Disclaimer
Highline Beta does not endorse, validate, or take responsibility for the accuracy, interpretations, conclusions, or opinions expressed in the featured materials and other content. Users should conduct their own due diligence and seek professional advice where necessary. While Highline Beta strives to ensure accuracy and keep content up to date, financing programs, grants, and regulations may change. We encourage users to consult with qualified financial advisors, lenders, or legal professionals before making any financial decisions.
