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Details - Information last confirmed on June 23, 2021

Cornerstone II
Excellent investment opportunity in the heart residential area in Saskatoon, Canada
Option for 45-57 units ; Total Investment : $17.20 Million

Our clients want to develop a residential rental facility for seniors that will be designed for the post COVID era. The building potential is 60,000 sft. ; The proposal is to develop a 5-storey building with 53 units including 17 townhouses, 28 condo units and 6 penthouse units along with 77 parking stalls.
The expected investment is $ 17 Million USD for this project in three stages: land procurement and site development, followed by foundations, basement, parking and townhouses and finally the superstructure above the town houses with the floors and penthouses.

Wanted: Equity - $ 5 Mn. with each investor contributing at least $500,000. The fund will be held in trust by our lawyers.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.