LUXURY TOWNS WITH LEGAL APARTMENTS
Welcome to Creek Banks Meadows in Palmerston, offering move-in-ready, multi-generational 3+1 bedroom townhomes designed for modern living.
These 1,721 – 1,865 sq. ft. homes feature a legal 1-bedroom walkout basement apartment, making them perfect for extended families, homeowners looking to offset their mortgage, or investors seeking a turnkey cash-flowing rental.
Built-In Investment Potential
Each home is crafted by WrightHaven Homes, known for exceptional quality and high-end finishes. Energy Star certified, these townhomes are built for comfort, efficiency, and longevity.
- Live in one unit & rent the other – basement apartment rent covers $300,000 worth of mortgage payments. You can live in this luxury townhouse for less than $1500 a month, including utilities, insurance and taxes
- Turnkey investment – fully rented, this property will generate $500 in monthly cash flow
- Ideal for multigenerational living – two beautifully designed, independent spaces
THOUGHTFUL LAYOUT
3 BED | 2.5 BATH
- Spacious great room with luxury vinyl plank flooring
- Two private decks for outdoor relaxation
- Gourmet kitchen with granite counters, tile flooring & soft-close cabinetry
- Separate dining room – perfect for entertaining
- Second-floor laundry for convenience
- Expansive primary suite with an ensuite & walk-in closet
INTERIOR UNIT | 1824 SQFT
EXTERIOR UNIT | 1721 SQFT
LEGAL BASEMENT APARTMENT
1 BED | 1 BATH
- Full kitchen with granite counters & stainless steel appliances
- Large open-concept living space
- Spacious bedroom with large closet
- Luxury vinyl plank flooring
- Large windows for natural light
- Walk out to private outdoor patio
- In-suite laundry & separate mechanical room
INTERIOR UNIT | 555 SQFT
EXTERIOR UNIT | 529 SQFT
PREMIUM FEATURES
- Move-in ready – quick closings available
- Low common element fees – only $150/month (snow removal & lawn care)
- Full one-year after-sale service warranty by WrightHaven Homes
- Tarion Home Warranty + 2-year plumbing & mechanical coverage
- Private garage – 2+ total parking spaces per townhouse + visitor parking
- All 10 appliances included
- Luxury stone, brick & siding exterior finishes
- Separate mechanical rooms & laundry for each unit
- High-speed fibre optic internet
WHY INVEST HERE?
- 9.6% average annual appreciation over the last 10 years
- Resilient market – prices dropped only 4% in 2022, compared to 20% in most cities
- High demand for rentals – A-class tenants attracted by major employers like TG Minto & Palmerston District Hospital
- Exceptional medical care – Palmerston & District Hospital offers short wait times & specialist services
- Low crime rate & top-rated schools – French immersion & small class sizes (under 20 students per class)
- 20% lower cost of living compared to the national average
- Rapid population growth – 13% increase in the past 5 years
