Over $1.2 Million in Government Loans & Grant Programs Available

FAÇADE IMPROVEMENT LOAN GRANT:  $40,000 Approved

The Town of Ingersoll has approved a $40,000 interest-free loan, amortized over a 5-year period with a grant of component of $8,000 to be awarded upon successful completion of renovations to the Façade.

 

CANADA SMALL BUSINESS LOAN – Up to $1,000,000 Available

A Low Interest Loan up to $350,000 under the CSBFL program has been Pre-Approved that will cover the Tenant’s Moving Costs, Equipment, and Leasehold Improvements.

An additional $650,000 Loan is available to the Tenant for other Business Expenses incurred. 

Bringing the total Government Loan accessible to the Tenant  up to $1,000,000.

PROPERTY TAX BACK GRANT PROGRAM:  Over $50,000 Available

The Oxford qualifies for the Municipal Property Tax Back Grant program which will directly benefit the Tenant by significantly reducing the TMI portion of their Monthly Rent over a 5-year period.   

Approval of the Grant will save the Tenant approximately $15,000 in the first year in TMI, and over $50,000 in a 5-year period. 

**Financing provided by SafeBridge Financial Group.

Zoned: Commercial Core

Residential Uses:

 

  • Apartment dwelling

  • Boarding or lodging house

  • Converted dwelling, contained not more than 4 units

  • Dwelling unit in the upper portion of a non-residential building

  • Group home

  • Home occupation

  • Long term care facility

  • Multiple unit dwelling

  • Special needs home

Non-Residential Uses:

  • Art gallery

  • Assembly hall

  • Bank or financial institution

  • Bar or tavern

  • Bowling alley

  • Business or professional office

  • Business service establishment

  • Commercial school

  • Convenience store

  • Daycare centre

  • Dry cleaning establishment

  • Eating establishment (Restaurant)

  • Fitness club

  • Fraternal lodge or association

  • Funeral home

  • Government administration office

  • Hotel or motel

  • Laundromat

  • Museum

  • Medical centre

  • Microbrewery

  • Parking lot

  • Personal service establishment

  • Place of worship

  • Printing shop

  • Public library

  • Public use, in accordance with the provisions of Section 5.22

  • Recreation building (indoor sports)

  • Retail store

  • Service shop

  • Studio

  • Theatre or cinema

  • Veterinary clinic

  • Wholesale outlet

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