The Mortgage Company of Canada (“MCC”) is a mortgage investment corporation whose
objective is to provide investors with an attractive risk-adjusted return by primarily investing in
mortgages of single family homes in the Greater Toronto Area. Our experienced management
team employs a focused lending strategy, follows rigorous underwriting analysis and leverages
its third-party brokerage relationships as well as its affiliated mortgage brokerage for deal flow.
MCC’s board of directors (“Board of Directors”) comprises a majority of independent members
who provide corporate governance and oversight. The Board of Directors ensures that the
corporate and financial objectives of MCC are pursued on behalf of its investors.


A $100,000 investment in 2009would be worth $196,301 today


Portfolio Summary


A brief discussion concerning the Greater Toronto Area’s housing market:

  • Market conditions in January were tighter compared to a year ago with an annual increase in prices driven by a decline in listings4
  • Demand remains strong, especially for singles, semis and townhouses, where there has been a
    persistent lack of inventory4
  • Buying intentions remain high – polling conducted by Ipsos on behalf of the Toronto Real Estate Board suggests that 12% of GTA households were seriously considering the purchase of a home in 20164
  • The average house price in the GTA reached $631,092 in January, up 14.1% from 20154
  • Year-over-year increase in average housing price is primarily attributable to a greater share of detached homes sold in the GTA4


Our management team has demonstrated an excellent track record over their combined 40 years of lending experience. Management has approximately $4 million invested in MCC on the same terms as our investors, insuring that our interests are aligned.

RAJ BABBER – Founder, President & Chief Executive Officer and Director

  • 15 years of experience in commercial and residential lending
  • Founder of, one of the largest volume independent mortgage brokering houses in Canada

SANJAY KAITH – Chief Operating Officer

  • Over 10 years of experience in mortgage brokering, finance and lending in the small and medium business sector
  • Experience and expertise in the residential housing market

GREG GOUTIS CPA, CMA – Chief Financial Officer and Director

  • Over 14 years of experience in the construction and real estate industries
  • Formally, Vice President, Operations and Chief Financial Officer at The Royalton Retirement Residences


MCC is committed to strong corporate governance practices. Accordingly, we have appointed three well-respected business and finance professionals with public company experience as independent members to our Board of Directors.


  • Over 19 years of experience in the multi-family residential and commercial real estate sectors in Canada and the United States
  • Chairman of the Board of True North Apartment Real Estate Investment Trust (TN.UN:TSX) and True North Commercial Real Estate Investment Trust (TNT.UN:TSX), and Chief Executive Officer of Starlight Investments Ltd.


  • Over 17 years of experience within the finance and real estate sectors
  • Chief Financial Officer at Credit Suisse Canada
  • Former Vice President and Chief Financial Officer of MCAN Mortgage Corporation (MKP:TSX)


  • Over 15 years of experience in the financial sector
  • Partner at Imperial Capital Group, a leading mid-market private equity player
  • Former Vice President of Teachers’ Private Capital, the private equity arm of Ontario Teachers’ Pension Plan
  • Former member of the Board of Equity Financial Holdings (EQI:TSX)

* These materials are not to be distributed, reproduced or communicated to a third party without the express written consent of the Mortgage Company of Canada. These materials are for informational purposes only and do not constitute an offer to sell or a solicitation to buy securities. Past results are not indicative of future performance.


As at January 31, 2016


TTM Yield1


Average Loan-


Mortgages Outstanding


Total Mortgage Portfolio . . . . .$49.5 MM

Average Mortgage Value . . . . . . .$137K

Average Term to Maturity. . . .6.0 months

Portfolio Composition:

Residential. . . . . . . . . . . . . . . . . .100%

Commercial . . . . . . . . . . . . . . . . . .0%


Participating in DRIP. . . . . . . . .57.1%

Total number of investors . . . . . .177


To learn more about investing with
MCC, please call or email:


Raj Babber
President and CEO

E :

T : 905-886-5352 ext. 222


Target Investor Yield

  • 9% plus quarterly bonus
  • Distributions paid monthly

Dividend Reinvestment Plan

  • DRIP available


  • Locked in for 1 year, 90-day notice
    for redemption thereafter
  • No redemption fees

Management Fees

  • 0.5% annual base fee
  • Performance fee above minimum
    threshold return of 9.5%

Minimum Investment

  • $25,000

Deferred Income Plans

  • Eligible for RRSP, RRIF, TFSA, RESP and deferred profit sharing plans


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