Aspen Forest Realty
CMHC MLI Select Program
An Excellent Investment Opportunity
At Aspen Forest Realty, we are proud to be at the forefront of innovative real estate investment strategies. Currently, we are focusing on the CMHC MLI Select program to drive our investment in multi-unit residential properties.
Key Highlights
The goal of this program is to attract substantial capital into the rental housing market, addressing the ongoing housing supply shortages and rising rents in Canada.
1. Attractive Financing Terms
The CMHC MLI Select program allows us to invest in properties with as little as 5% down, spread over a 50-year amortization period. This results in lower monthly payments, which in turn increases the potential for positive cash flow.
2. Focus on Rent-to-Sale Ratio
A key factor we consider when evaluating projects is the rent-to-sale ratio, which ensures that each property generates strong rental income in relation to its purchase price. This focus enhances the long-term sustainability of our investments and helps maintain a positive cash flow.
3. Unique Qualification Criteria
One of the most attractive features is that CMHC does not require personal income verification. Instead, it focuses on an applicant’s assets—such as real estate, vehicles, and stocks—amounting to at least 25% of the property’s loan amount.
This makes it easier for investors to qualify and access favorable financing terms.
Why Edmonton?
Prime Location for This Program
Edmonton’s real estate market offers the ideal conditions for our investment strategy, thanks to its high rental yields, relatively low property prices, and high median household income.
Location Overview
The city’s relatively low property prices, coupled with high rental demand, create an environment that supports positive cash flow. Unlike larger markets such as Vancouver and Toronto, where achieving similar results can be more challenging.
Additionally, Edmonton boasts a high median household income, which further supports its rental market’s strength.
By leveraging the CMHC MLI Select program in Edmonton, we are able to maximize returns while contributing to the development of affordable, high-quality housing options in a growing market.
This approach allows us to deliver exceptional value to our investors while meeting the pressing need for affordable rental housing in Canada.