Commercial financing · Moncton, New Brunswick
Commercial Financing in Moncton, New Brunswick
Greater Moncton — Moncton, Dieppe and Riverview — is New Brunswick's largest metropolitan area, with an active market for apartment buildings, retail and distribution property. Indi Commercial arranges commercial mortgages, construction financing and CMHC MLI Select loans here, comparing banks, credit unions, CMHC-approved and private lenders for each deal.
What we finance in Moncton
Most of the Moncton files we see are multifamily: purpose-built rental projects that need construction financing and a CMHC-insured takeout, and stabilized buildings changing hands or refinancing. Alongside that we arrange mortgages on retail plazas and service-commercial property along the city's main corridors, on warehouse and light-industrial buildings, and on owner-occupied premises for businesses buying the building they operate from.
How deals tend to structure here
Moncton's vacancy rate sits higher than Halifax's, so lenders test rent assumptions harder on new rental supply and want to see lease-up evidence before the takeout. CMHC MLI Select is often the strongest permanent option for new purpose-built rental because its points-based leverage and amortization offset tighter debt-service coverage. For commercial and industrial property, lenders weigh tenant covenant and remaining lease term more heavily than the building itself.
Moncton market in numbers
| Measure | Figure | As of | Source |
|---|---|---|---|
| Moncton CMA population | 157,717 | 2021 Census | Statistics Canada — Population and dwelling counts, CMAs and CAs (Table 98-10-0005-01) |
| Population growth, 2016–2021 | +8.9% | 2021 Census | Statistics Canada — Population and dwelling counts, CMAs and CAs (Table 98-10-0005-01) |
| Purpose-built apartment vacancy | 3.9% | October 2025 | CMHC Housing Market Information Portal — vacancy rates, Moncton |
| Average two-bedroom rent | $1,453 | October 2025 | CMHC Housing Market Information Portal — average rents, Moncton |
Typical scenario: new rental in Dieppe
A local builder putting up a 24-unit rental building in Dieppe typically funds land and construction with a bank or credit union facility, then refinances into a CMHC MLI Select loan once the building is leased. We line up the takeout before construction starts, so the construction lender knows how it gets repaid and the energy and affordability commitments that earn MLI Select points are designed in from the start.
Nearby markets we cover from this page
Dieppe
Dieppe, the francophone city on Moncton's eastern edge, had 28,114 residents in the 2021 Census, up 10.8% from 2016. Much of Greater Moncton's newer rental construction and big-box retail is here, along with commercial land near the airport. We finance rental projects, retail and service-commercial property in Dieppe on the same footing as Moncton itself.
Riverview
Riverview, across the Petitcodiac River from Moncton, counted 20,584 people in 2021, up 4.7%. It is a mostly residential town with neighbourhood retail and a growing stock of small apartment buildings; its multifamily deals are usually smaller, which makes credit unions and conventional lenders a natural fit alongside CMHC-insured options.
Shediac
Shediac, on the Northumberland Strait shore east of Moncton, grew 13.1% to 7,535 residents between 2016 and 2021. It is a seasonal tourism town where hospitality, cottage-rental and main-street commercial property dominate, and seasonal income needs lenders that accept trailing results and a larger cushion on debt service.
Frequently asked questions
Can Indi arrange a commercial mortgage on a Moncton property?
Yes. Indi Mortgage is licensed across Atlantic Canada, and we arrange commercial financing for property in Moncton, Dieppe, Riverview and the rest of New Brunswick. The page on how we work across Atlantic Canada explains the process.
What are apartment vacancy and rents like in Moncton?
CMHC's October 2025 survey put Moncton's purpose-built apartment vacancy at 3.9% and the average two-bedroom rent at $1,453. That vacancy is higher than in Halifax, so lenders look closely at lease-up assumptions on new projects.
What does it cost to transfer commercial property in New Brunswick?
New Brunswick's real property transfer tax is 1% of the greater of the price paid or the property's assessed value, payable when the deed is registered. Legal fees and lender costs come on top; your lawyer will confirm the total.
Is CMHC MLI Select a good fit for a Moncton apartment project?
Often, yes. On purpose-built rental of five or more units, MLI Select's higher leverage and longer amortization can make a project work at Moncton rents, in exchange for affordability, energy-efficiency or accessibility commitments.
Do you finance property in Shediac and the coast?
Yes. Seasonal and hospitality properties need lenders that accept seasonal income, and we know which ones do.
How we work across Atlantic Canada
Related financing
- Apartment Building & Multifamily Financing in Nova Scotia
- CMHC MLI Select Financing in Nova Scotia
- Construction & Development Financing in Nova Scotia
- Commercial Mortgages in Nova Scotia
Learn more
- CMHC MLI Select Explained: Points, Tiers & How to Qualify in Nova Scotia
- How Construction Draws Work: A Developer's Guide to Financing a Build in Nova Scotia
More in New Brunswick
Other areas we serve
- Commercial financing in Saint John
- Commercial financing in Fredericton
- Commercial financing in Charlottetown
- Commercial financing in Halifax
Sources
- Statistics Canada — Population and dwelling counts, CMAs and CAs (Table 98-10-0005-01)
- CMHC Housing Market Information Portal — vacancy rates, Moncton
- CMHC Housing Market Information Portal — average rents, Moncton
- Government of New Brunswick — Real Property Transfer Tax Act, s.2(1.03)
- Statistics Canada — Population and dwelling counts, census subdivisions (Table 98-10-0002-01)
Financing a deal in Moncton? Model it with the commercial mortgage feasibility calculator, or reach our Atlantic commercial team at (902) 298-0218.
Discuss your financing