Run the numbers against today's cost of capital.
Development calculators for Halifax — the financing tools fed by today's Bank of Canada rate, not a number you have to look up; cap rate and NOI stand on their own. The deal, the debt, the take-out, all current.
6 calculators — swipe the strip sideways →
The full pro-forma: enter a project and see the supportable loan, the binding constraint, the equity gap, and whether the build spread clears the cost of capital — at today's rate or any rate in the last six years.
How big a loan a net operating income supports, at the floor debt-service coverage and today's rate.
What the CMHC MLI Select points tier unlocks — LTV, amortization, the relaxed DSCR floor, the premium, and the resulting loan.
Stabilized value at a market cap rate, the yield on cost, and the value the development creates.
The stabilized take-out (refi) a finished project supports at today's rate — and whether it clears the construction loan.
The building block — gross rent to net operating income, the number every other tool depends on.
Illustrative benchmark only. These figures are estimates generated from public Bank of Canada benchmark rates and the assumptions you enter. They are not a financing offer, a quote, a rate guarantee, or financial, investment, mortgage, or legal advice, and Helio is not a mortgage broker or lender. CMHC MLI Select parameters are summarized from CMHC's published materials and change over time — confirm current terms with CMHC and a qualified lender. Cost basis excludes land, HST, and financing fees.