Property Description
Live in luxury for less. At 7-182 Bridge Crescent, you can own a beautifully finished, fully legal 3+1 bedroom townhome with a walkout basement apartment — and live in the main unit for under $1,500/month, including utilities, insurance, and taxes. With the potential rental income from the lower suite covering up to $300,000 worth of mortgage payments, this is your chance to enjoy premium living without the premium price tag.
Perfect for couples or young professionals priced out of major urban markets, this move-in-ready home delivers modern design, lasting quality, and incredible value in one of Palmerston’s most desirable communities.
Built by WrightHaven Homes, this spacious residence offers over 2,300 sq ft of finished living space across two independent, stylishly appointed units. The main floor is bright and open, featuring wide plank luxury vinyl flooring, oversized windows, and a calming neutral palette. The kitchen includes granite countertops, soft-close cabinetry, and stainless steel appliances, with a breakfast bar ideal for casual dining or entertaining. A separate dining room with walkout to the private front balcony and a sunny living room that opens to a second rear balcony give you two beautiful spaces to enjoy the outdoors.
Upstairs, the layout includes three comfortable bedrooms, including a generous primary suite with a walk-in closet and ensuite with glass-enclosed shower. A second full bathroom and convenient upper-level laundry round out the space.
The fully legal basement apartment features its own entrance, full kitchen with granite counters and stainless appliances, in-suite laundry, a modern 3-piece bathroom, and a walkout to a private patio — perfect for generating monthly rental income.
Backing onto scenic walking trails and surrounded by quiet streets, this location offers the best of small-town life with easy access to big-city conveniences. Palmerston is a growing, connected community where neighbours wave, shops and restaurants are just around the corner, and local employers like Palmerston District Hospital and TG Minto support strong economic stability. With nearby access to Listowel, Fergus, Guelph, and Kitchener-Waterloo, commuting is easy — but the value here is unmatched.If you’re looking for modern living, rental income, and room to grow — without sacrificing.
Take a Tour
About The Neighbourhood
The Lifestyle
Investment Potential
Kid & Pet-Friendly
Peaceful
Rural
Small-Town Charm with Strong Community Spirit
With a population of around 2,989, Palmerston offers a true small-town feel, where neighbours greet each other by name and community pride runs deep. The town is growing rapidly, with a 14% population increase over the last 5 years, as more people discover its affordable real estate and welcoming atmosphere. Local initiatives like All Aboard Palmerston work to revitalize downtown and support local businesses, while community events and seasonal festivals bring residents together year-round.
Family-Friendly Living
Palmerston is ideal for families, thanks to its excellent schools, safe streets, and plenty of recreation. The Palmerston & District Community Centre is a hub for hockey, curling, and local events, while parks, playgrounds, and trails encourage outdoor fun for all ages.
Convenient Location for Commuters
Palmerston offers a quieter lifestyle while still being close to larger cities. Located just:
- 12 minutes from Listowel
- 8 minutes from Harriston
- 29 minutes from Fergus & Elora
- 45 minutes from Guelph
- 49 minutes from Kitchener-Waterloo
This makes Palmerston an affordable choice for commuters working in these larger centres.
Strong Employment & Local Economy
Palmerston’s economy is diverse, with local jobs in healthcare, manufacturing, and service industries. Two of the largest employers include:
- Palmerston & District Hospital – Providing emergency care, surgery, diagnostics, and more for the region.
- TG Minto – A leading automotive manufacturer that supplies plastic components for Toyota.
There are also thousands of job opportunities within a 40-minute radius of Palmerston.
Affordable Cost of Living
Palmerston offers a cost of living that’s roughly 20% lower than Ontario’s average, thanks to affordable real estate, lower taxes, and reduced utility costs. Everyday expenses like groceries and entertainment are also budget-friendly.
Safety & Peace of Mind
Palmerston is considered very safe, with crime rates 37% lower than the national average. Violent crime is rare, and the community’s close-knit atmosphere ensures that neighbours watch out for one another.
Top-Rated Local Healthcare
Palmerston & District Hospital is a top-rated hospital known for exceptional care and impressively short wait times compared to larger urban hospitals.
