Stephenson Way New luxury 3+1 bdrm townhome W/LEGAL 1-bdrm W/O bsmt apt is not only beautifully designed but also amazing turn-key investment opportunity! W/potential for $1100+ mthly cash flow when fully rented out & strong 8â9% cash-on-cash returns, this new build eliminates worry of costly repairs & provides rare chance to own high-quality income-generating property from day one! Built by WrightHaven Homes this duplex-style townhome offers 2300sqft of finished living across 2 independent units. Upper-level home offers open-concept floor plan W/wide plank luxury vinyl floors, large windows & neutral palette. Kitchen W/granite counters, soft-close cabinetry, S/S appliances & breakfast bar. Formal DR W/sliding doors open to private balcony. LR opens to 2nd balcony at rear offering peaceful outdoor space & scenic views. Upstairs are 3 bdrms incl. primary suite with W/I closet & ensuite. Full main bath with tub/shower & laundry completes upper level. Self-contained bsmt apt offers 1-bdrm, its own entrance, granite counters, S/S appliances, 3pc bath, laundry & W/O to ground-level patio. This is also a fantastic option for family or prof couple looking to have large portion of their mtg coveredâlive in main unit for less than the cost of renting 1-bdrm apt. Energy-efficient construction, sep mechanical rooms, private garage & 2 balconies. Low mthly fee covers lawn care & snow removal making ownership hassle-free. Builder is offering 1yr free maint. fees for added peace of mind! Backing onto trail system providing serene views & access to walking paths. Located in Palmerstonâs most desirable community youâll enjoy welcoming small-town atmosphere W/shops, schools & recreation as well as excellent rental demand driven by major local employers such as TG Minto & Hospital. With easy commuting access to Listowel, Fergus, Guelph, KW & significantly greater value compared to nearby urban marketsâthis home is a rare opportunity that combines lifestyle, investment potential & long-term growth! (id:27476)
