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Mortgage Squad Advisors
Toronto · OntarioHELOC

HELOC in Toronto.

Up to 65% LTV stand-alone, 80% combined. Interest-only on what you draw. Canada's largest mortgage market — multi-tiered, multi-cultural, lender-rich.

65% LTVVariable rateInterest-onlyRe-borrow
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5-star rated| FSRA #13737| 50+ languages
Live math · Toronto
On a $1,150,000 Toronto home (50% LTV existing)
Home value (benchmark)
Toronto 2026
$1,150,000
Assumed existing mortgage
50% LTV assumption
$575,000
Accessible equity (65% LTV)
What this product can unlock
$172,500
Est. monthly payment
At 6.20% on full draw
$1,124/mo
Illustrative only. Actual rate, qualifying amount, and premium depend on your file. Get an exact number with a senior advisor or Maya AI.
Stand-alone LTV
65%
Of appraised value
Combined LTV
80%
With first mortgage
Rate (today)
P+0.50%
We negotiate the margin
Min payment
Interest
On the drawn balance
Why Toronto clients choose us

HELOC — built for Toronto.

Same FSRA license. Same 50+ lender network. Same dedicated advisor model — applied to GTA's specific lender appetites and property types.

Up to 65% LTV stand-alone HELOC; 80% combined when paired with a mortgage
Interest-only payments on the drawn balance
Re-borrow any principal you've paid down, anytime, without re-applying
Variable rate at Prime + a margin (we negotiate the margin)
Stress-tested at qualifying rate — same as a mortgage
Tax-deductible interest if used for income-producing investment
Maya AI compares HELOC vs readvanceable vs refinance
Use as a down-payment source for an investment or vacation property
Bridge financing for non-simultaneous closings on a move
Funds typically advance in 21-35 days from application
Maya · 24/7 AI advisor

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HELOC across Toronto

From Downtown Core to The Beaches — we know the local market, the typical HELOC file size, and the lender appetites that fit each pocket of Toronto.

Downtown CoreEtobicokeNorth YorkScarboroughEast YorkForest HillLeslievilleThe Beaches
FAQ

HELOC in Toronto — common questions.

Don’t see yours? Ask Maya — instant answer in 50+ languages.

Any Canadian resident in Toronto who meets the standard heloc criteria — we help borrowers from Downtown Core, Etobicoke, North York and surrounding GTA. Canada's largest mortgage market — multi-tiered, multi-cultural, lender-rich.

Other mortgage solutions in Toronto

Same advisor team, full product menu — pick the one that fits your file.

All Toronto programs →
First-time buyer
First-time buyer mortgages

5% down. FHSA + RRSP HBP stacked. Pre-approval in 24 hours.

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Renewal
Mortgage renewal

Don't auto-renew. We benchmark your bank against 50+ lenders.

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Refinance
Mortgage refinance

Lower your rate, consolidate debt, or pull up to 80% equity.

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Self-employed
Self-employed mortgages

BFS, stated income, dividend + salary — we know which lenders take which story.

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New to Canada
New-to-Canada mortgages

PR or work permit. International credit accepted. 50+ languages in-house.

Open
Investment
Investment property mortgages

Lenders with 100% rental offset, BRRRR refinances, DSCR products.

Open
Bad Credit
Bad credit mortgages

B-lender + private paths today, A-lender exit in 12-24 months.

Open
Private
Private mortgages

Funded in 7-21 days. Equity-based. 12-24 month bridge to A-pricing.

Open

HELOC in other Ontario cities

Same product, different market — see how heloc look across Ontario.

Browse all Ontario →
Vaughan Mississauga Brampton Markham Oakville Richmond Hill Ajax Pickering

Ready to start your heloc in Toronto?

5-minute pre-qualification. No credit check to begin. Your dedicated GTA advisor responds within the next business hour.