Explore Purpose-Built Investing through Government-Insured Programs like MLI Select
The Government-insured program (MLI Select Program) makes real estate investing easier, offering favourable financing, longer amortization, and lower premiums to help you maximize your returns. With as little as 5% down, you can secure a cash flow-positive investment backed by the Government of Canada.
Government-Backed Program
New financing program supported by the Government of Canada.
Low Down Payment
As low as 5% down with up to 95% loan-to-cost financing.
Favourable Mortgage Terms
50-year amortization, sub-prime interest rates, and 5-10 year terms.
Cash Flow Stability
Third-party cash flow sanity check ensures positive returns.
Past Successful Projects
Rosscarrock
An excellent investment opportunity in one of Calgary’s most desirable neighborhoods. This 8-unit multi-family development is designed for modern urban living, featuring energy-efficient units, contemporary design, and proximity to schools, parks, and public transit. With Government-insured program financing and low down payment requirements, this property ensures strong rental demand and positive cash flow.
Bowness
Located in the heart of Bowness, this 15-unit residential development offers affordable yet high-quality housing in a vibrant, growing community. The project is designed to maximize investor returns with long-term, stable rental income while benefiting from MLI Select incentives such as lower insurance premiums and extended amortization. Perfect for investors looking to expand their portfolio with high-demand rental properties.
West Hill Hurst
A boutique multi-family project in one of Calgary’s most prestigious neighborhoods. The West Hillhurst development is a thoughtfully designed luxury duplex that blends modern architecture with functional living spaces. This project benefits from high tenant demand, premium rents, and low-maintenance ownership, making it an ideal investment for those looking for turnkey, high-value real estate opportunities.
How to Finance Purpose-Built Rentals with Government-Backed Support
Low-cost financing for multi-unit rental projects
Backed by a Government of Canada initiative
Canada offers a government-backed financing option for real estate investors developing purpose-built rentals. Known as the MLI Select program, this initiative helps eligible borrowers secure favourable mortgage terms, lower premiums, and reduced equity requirements—making it easier to improve housing supply across the country.
With options like up to 95% loan-to-cost, 50-year amortization, and flexible affordability incentives, the program supports long-term, cash-flow-positive investments in Canada’s rental housing market.
The MLI Select program is offered through Canada Mortgage and Housing Corporation (CMHC), a federal Crown corporation that provides mortgage loan insurance and housing policy support.
Whether you're financing an apartment building or scaling your rental property portfolio, understanding these incentives can help you access more affordable funding.
Disclaimer: This content is for informational purposes only. We are not affiliated with or endorsed by CMHC or the Government of Canada.
Turnkey, Hands-Off Investment
I’m Costas Kivelos, Multi-Unit and MLI Select Specialist. At First Access Realty, our team takes care of everything:
🔹 Land Acquisition & Approvals
🔹 Program Application & Federal Program Coordination
🔹 Construction & Lease-Up
🔹 Ongoing Property Management
This means no hassle, no hidden fees, and a guaranteed positive cash flow from Day 1!
