Ross of Largo Capital arranges $22 million refinancing

Vaughan, ON Kevin Ross, managing director at Largo Capital Limited, successfully arranged a permanent first mortgage to refinance a well-located industrial property. The property features two small-bay industrial buildings totaling 78,000 s/f of rentable space, along with ample outdoor storage. It is fully leased to a diverse roster of tenants, contributing to the property's stable cash flow and long-term investment appeal.

Strategically situated in a key industrial corridor just north of Toronto, the site benefits from connectivity and logistical advantages. It is adjacent to a major railyard and offers access to several critical transportation routes via Ontario’s 400-series highway network, including Highway 407 and Highway 400. This location enhances its functionality for tenants and its value to investors. 

Largo Capital leveraged its strong lender relationships and market expertise to secure competitive financing terms that align with the borrower’s investment strategy and long-term goals.