Norma Jean Walton

Toronto-based Norma Walton (Norma Jean Walton) is one of the three founders of Penny Lane 

Properties Inc., a residential and commercial real estate company that purchases neglected or 

derelict properties with the goal of rehabilitating and renovating them for resale. Norma Walton 

and her team at Penny Lane Properties have an extensive background in the real estate sector and 

bring that wealth of knowledge to each new purchase and endeavor the company undertakes.


A graduate of Canada’s University of Western Ontario, Norma Walton holds a B.A., a J.D. and 

an MBA.  Following her graduation from University, Norma went on to build a few real estate

companies in Ontario, developing an extensive knowledge of the sector.


With over 15 years of experience investing in Toronto’s real estate industry, Norma utilizes her 

experience to guide the strategic purchases at Penny Lane Properties Inc. Norma is passionate 

about identifying the hidden investment potential in real estate and enjoys overseeing projects 

that realize this potential.


Norma Walton is also the President and CEO of Rocket Property Ltd., a boutique style private 

equity real estate investment company also based in Toronto. Rocket Property specializes in the 

acquisition of properties within the greater Toronto area with the goal of generating exceptional 

returns on investment. 


Rocket Property skillfully repositions and develops undervalued or underutilized properties that 

other investors may overlook or shy away from. Utilizing prudent investment criteria, the 

company is able to maximize the investment opportunity associated with these properties.

In addition to leading the teams at Rocket Property and Penny Lane Properties, Norma Walton 

also serves as an asset manager for Blue Parrot Properties Ltd., another real estate asset 

management company headquartered in Toronto.


Outside of the real estate world, Norma Walton is an avid blogger who post on a variety of sites 

including her own website and Tumblr. Norma’s posts offer a diverse array of content from real 

estate tips to the daily musings of motherhood.


Norma Walton, a mother of four, enjoys spending her free time with her children, family and 

friends. She is known for her pleasant and friendly demeanor. She is also well known amongst 

friends and colleagues as a motivated team player who works diligently for the betterment of her 

businesses, family and personal life.


Norma is also an enthusiastic walker and basketball player who is committed to passing the love 

of athletics, team play and good sportsmanship on to her children.