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600 Norfolk Street N LP
By:
Sentry Property Group
Introducing 600 Norfolk Street N LP by Sentry Property Group (SPG), a modern stacked townhouse complex, capitalizing on the growing demand for rental housing as people seek affordable living outside of the GTA.
Location
Ontario
Risk Profile
Low - Moderate
N/A
Min. investment
$50,000
Investment Strategy
Core Plus
ARR
11.4%
Horizon
4 - 7 years
Introduction
Norfolk County is becoming a sought-after community as people move away from expensive city centres like Toronto, driving high demand for rental housing. Sentry Property Group Inc. is set to transform raw land into 18 modern stacked townhomes, with rezoning underway and favourable progress from the county, offering a unique private investment opportunity and a valuable land development offering to an under supplied rental market.
Key Reasons to invest
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.
Project Overview
The project will transform raw land into 15,000 square feet of modernized stacked townhomes, consisting of 18 residential units. With rezoning already in progress and positive support from the county, this development aims to meet the critical housing needs of the local market.
Location
600 Norfolk Street N LP is conveniently situated just minutes from local businesses, shopping centers, schools and restaurants, offering an ideal blend of accessibility and community amenities.
Multimedia
Brick by Brick Ep. 7 with Sentry Property Group
Developer Overview
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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.
Sentry's Co-Founders Darrin and Anthony are actively involved with SPG today. Their background spans decades of experience with the industry ranging from Business, Sales, Marketing, Management and Engineering. Their passion for the real estate is engrained with a unique company experience. It is forged by trust, honesty and integrity, resulting in a new thriving business that is quickly becoming a leader in the local real estate industry.