$549,900

Description

Attn investors & first-time buyers-turnkey investment opportunity! New luxury 3+1 bdrm townhome W/LEGAL 1-bdrm W/O bsmt apt is not only beautifully designed but also built W/income in mind. Upper unit can easily be converted to 4-bdrm layout for added rental flexibility & value. W/potential for $1,000+ mthly cash flow when fully rented & projected 10%+ cash-on-cash returns this new build eliminates concerns about major repairs & offers rare chance to own a high-quality income-generating property from day one. Built by WrightHaven Homes this duplex-style townhome delivers about 2300sqft of living space across 2 independent units each W/sep entrance, laundry & mechanical systems-ideal for tenants or multi-generational living. Upper home features open-concept layout W/wide-plank vinyl floors & neutral design palette. Kitchen W/granite counters, soft-close cabinetry, S/S appliances & breakfast bar. Formal dining area opens to private balcony while living room leads to 2nd rear balcony overlooking trails. Upstairs are 3-bdrms incl. primary bdrm with W/I closet & ensuite, plus full main bathroom & laundry. As noted this level can be reconfigured to 4-bdrm layout if desired. Self-contained legal bsmt apt offers 1-bdrm, private entrance, granite counters, S/S appliances, 3pc bath, laundry & W/O to ground-level patio. Add'l features: energy-efficient construction, sep mechanical rooms, private garage & 2 balconies. Low mthly fees cover lawn care & snow removal keeping ownership simple & hassle-free. Backing onto trail system W/access to walking paths, this home is located in Palmerston's most desirable community, welcoming small-town atmosphere while maintaining strong rental demand driven by local employers like TG Minto & hospital. W/access to Listowel, Fergus, Guelph, KW & significantly better value than urban markets-this property represents compelling blend of lifestyle, rental income & long-term growth!