Micro Condo.

Tall teal panels stand in a curved formation, illuminated with light that enhances their reflective surfaces.A well-lit studio apartment with a cozy setup including a sofa, round tables, a carpet, a neatly made bed, and several plants.

Small Spaces.

Have big potential.

Micro condos can be a great option for first-time (or even second or third time) homebuyers seeking space in their city’s downtown core.

We can help with studios as small as 300 sqft!*

Benefits of micro condos
  • Lower monthly maintenance fees
  • City hotspots
  • Access to amenities
MINIMUM SQUARE FOOTAGE
  • 300 sqft – Metropolitan and large urban centres
  • 500 sqft – All other areas

Connect with a broker to learn more. 


*Conditions may apply.

Mortgage Resources.

Here are some helpful resources to support your mortgage & homebuying journey.

Benefits of Our Mortgages.

Manage Your Mortgage

Our mortgage portal connects you to your mortgage anytime, anywhere, so you can:

  • Check your mortgage balance
  • Review your payment details
  • Change your payment frequency
  • Increase your payments
  • Make a lump-sum payment
  • Update your personal information

Prepayment Privileges

Looking to save on interest costs? Pay down your mortgage faster with our prepayment privileges:

  • Annual 20% lump sum: Every year you can pay up to 20% of your original mortgage balance on any regular payment date with the payment applied directly to your principal balance.
  • Annual 20% payment increase: Once per year you can increase your regular payment by up to 20%. The increased payment will be applied to your principal balance.

The terms and conditions of your mortgage will specifically detail the privileges provided.

Accelerate Your Payments

Looking to save even more? Making more frequent payments can reduce interest costs over the long term.

Contact us to find out how!

Join Our Inner Circle.

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RFA’s residential mortgage lending business is operated by RFA Bank of Canada, a federally regulated Schedule I Bank, and RFA Mortgage Corporation. We’re committed to continuously evolving to better serve Canadians.

RFA Bank of Canada is a member of the Canadian Deposit Insurance Corporation (CDIC). We offer Guaranteed Investment Certificates through a contracted national network of Canadian Investment Regulatory Organization (CIRO) regulated deposit dealers.

The maximum insurance protection for CDIC-eligible GICs is subject to applicable limits.

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