OSFI (Canada’s banking regulator) has announced an important change that will affect real estate investors and multi-property buyers:
Income used to qualify for one mortgage can no longer be reused to qualify for another.
This means each property must stand on its own financially when applying for financing.
What this means for the market:
Investors and portfolio buyers will face stricter qualification rules.
Rental income cannot be double-counted across multiple properties.
Single-property owners and first-time buyers are not impacted.
This change is designed to reduce financial risk in the mortgage market, but it also means investors should plan ahead more carefully when expanding their portfolios.
Source: Canadian Mortgage Trends, Sept. 2025
If you’re considering an investment property or adding to your portfolio, I’d be happy to walk you through how these new rules may affect your financing options.