4-182 Bridge Cres offers exceptional turn-key investment opportunity in Palmerston's sought-after Creek Bank Meadows! Newly built 3+1 bdrm luxury townhome W/fully legal 1-bdrm W/O bsmt apt! With sep self-contained living spaces & strong projected cash flow, this home is ideal for investors, house-hackers or anyone looking to combine lifestyle W/long-term financial upside. In a market that has seen impressive 9.6%average annual appreciation over past decade, the value proposition here is undeniable. Built by WrightHaven Homes this residence spans over2300sqt of living space across 2 independent units each W/own private entrance, laundry & mechanical systems. Main unit offers open-concept layout W/wide plank luxury vinyl flooring, kitchen W/granite counters & S/S appliances, dining area with W/O to private front balcony & living room that opens onto rear balcony. Upstairs are 3 large bdrms incl. primary suite with W/I closet & ensuite, 2nd full bathroom & laundry. Legal W/O bsmt apt is thoughtfully designed with S/S appliances, granite counters, 3pc bath, laundry & open-concept layout that leads out to its own patio. Whether for multigenerational living or rental income, this space offers flexibility & value. With projected cash flow of approx. $500/mth investors will appreciate potential for strong returns in region known for steady population growth incl. 13% increase in the past 5yrs &consistent demand for quality rentals. The homes thoughtful layout, modern finishes & proximity to major employers like TG Minto & Palmerston Hospital make it easy to attract excellent tenants in family-friendly, high-demand neighbourhood close to schools, parks & trails. Additional highlights include energy-efficient construction for lower operating costs, private garage & low mthly fee that cover snow removal & lawn care. With quick access to Listowel, Fergus, Guelph & KW this property delivers perfect blend of comfort, income potential & long-term growth all in one smart move (id:4069)
Address
4 - 182 BRIDGE CRESCENT
List Price
$629,900
Property Type
Single Family
Type of Dwelling
Row / Townhouse
Area
Ontario
Sub-Area
Minto (palmerston)
Bedrooms
4
Bathrooms
4
Floor Area
15,002,000 Sq. Ft.
Lot Size
24.5 x 84.3 FT Sq. Ft.
Maint. Fee
$150.00
MLS® Number
X12067339
Listing Brokerage
RE/MAX Real Estate Centre Inc
Basement Area
Full (Finished)
Postal Code
N0G2P0
Zoning
R3
Site Influences
Hospital, Park, Place of Worship, Schools
