Stony Creek LP
Built / Completion Year
2025
Capital Raised
$1,800,000
Target IRR (%)
17%
Location
St. Pierre-Jolys, Manitoba
Stony Creek LP is a purpose-built multifamily development in St. Pierre-Jolys, Manitoba. Backed by strong fundamentals and attractive cost-basis, this project offers investors an opportunity to earn stable returns through new construction and efficient management.
Description:
This 3-storey, garden-style development consists of 36 units with high-quality finishes. Located off Highway 59, it’s designed for quick access, affordability, and long-term demand. Construction financing is secured, and phase one is already underway.
Features:
36 total units (mix of 1BR, 2BR, and 3BR)
Energy-efficient, turnkey construction
Located in high-growth commuter zone
Fully financed and shovel-ready
Milestone | Date |
|---|---|
Construction Start | Q2 2024 |
Build Duration | 12 Months |
Estimated Completion | Q2 2025 |
Lease-Up Phase | Mid-Late 2025 |
Target Exit / Refinance | 2030 |
Property details
Number of Units
36
Built / Completion Year:
2025
Capital Raised:
$1,800,000
Capital Returned:
-
Target IRR (%):
17 %
Equity Multiple (x):
1.9 x
Location: St. Pierre-Jolys, Manitoba
A growing community south of Winnipeg, offering affordable land and strong rental demand.
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What kind of investments does StoneShore Capital focus on?
We specialize in ground-up multifamily and commercial developments across Manitoba. Our projects are designed to generate steady rental income, long-term appreciation, and strong tax-efficient returns for our investors.
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