This brand-new luxury 3+1 bedroom townhome with a legal 1-bedroom walk-out basement apartment is not only beautifully designed, but also an amazing turn-key investment opportunity. With potential for $1,100+ in monthly cash flow when fully rented out and strong 8–9% cash-on-cash returns, this brand-new build eliminates the worry of costly repairs and provides a rare chance to own a high-quality, income-generating property from day one.

Built by WrightHaven Homes, this thoughtfully designed duplex-style townhome offers over 2,300 sq. ft. of finished living space across two independent units. The upper-level main home features a bright, open-concept floor plan with wide plank luxury vinyl flooring, large windows, and a soft neutral palette. The gourmet kitchen is equipped with granite countertops, soft-close cabinetry, stainless steel appliances, and a breakfast bar for casual dining. For more formal gatherings, the dining room—with sliding doors to a private balcony—provides the ideal setting for entertaining and family meals. The spacious living room opens onto a second balcony at the rear, offering peaceful outdoor space and scenic views. Upstairs you’ll find three generously sized bedrooms, including a primary suite with a walk-in closet and a modern ensuite with a glass-enclosed shower. A second full bathroom with a tub/shower combination and convenient laundry complete the upper level.

The fully self-contained walk-out basement apartment offers a stylish and private one-bedroom suite with its own entrance, granite countertops, stainless steel appliances, a three-piece bathroom, in-suite laundry, and walk-out access to a private ground-level patio. This is also a fantastic option for a family or professional couple looking to have a large portion of their mortgage covered—live in the spacious main unit for less than the cost of renting a one-bedroom apartment.

Additional highlights include energy-efficient construction, separate mechanical rooms for each unit, a private garage, and two balconies. Low monthly maintenance fees, which include lawn care and snow removal, make ownership hassle-free, and the builder is offering one year of free maintenance fees for added peace of mind.

Backing onto a tranquil trail system, the property offers serene views and access to scenic walking paths. Located in Palmerston’s most desirable community, you’ll enjoy a welcoming small-town atmosphere with local shops, schools, and recreation, as well as excellent rental demand driven by major local employers such as TG Minto and Palmerston Hospital. With easy commuting access to Listowel, Fergus, Guelph, and Kitchener-Waterloo—and significantly greater value compared to nearby urban markets—this home is a rare opportunity that combines lifestyle, investment potential, and long-term growth.