600 Norfolk Street N LP
Location
Simcoe, ON
Risk Profile
Low - Moderate
Min. investment
$50,000
Investment Strategy
Core Plus
Developer
Sentry Property Group
ARR
11.4%
Horizon
4 - 7 years
Sentry Property Group Inc. (SPG) is the foundation of a diverse group of companies which encompasses development, capital raising and management, supporting apartment, commercial and retail real estate industries. We focus on projects that will establish new homes for business and community, while providing full management of the assets and enabling partnership opportunities, which are unique private alternative investment.
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Favourable Environmental Factors
Ideally situated as desirable place to call home for professionals in the area, within a few minutes from local business, shopping, school & restaurants. The area known as Norfolk County is becoming a sought after community for people wanting to transition away from the more expensive city centres such as Toronto. This along with limited supply of rental properties can be attributed to a high demand for more rental housing in the community.
Promising Regulative Progress
We will transform this Raw Land from the current state, into 15,000+ Sq Feet of modernized stacked townhomes, consisting of 18 beautiful residential units. The project is premised upon rezoning which is currently underway and proceeding as planned. The county’s response has been favourable with regards to early ‘pre-consultation’ meetings. This lot was previously comprised of a larger footprint, including a neighboring lot which has since been rezoned to allow for residential use.
