Sold conditionally
13 days on Market

182 Bridge Cres #4, Palmerston, Ontario N0G 2P0

Townhouse
3 + 1
4 + 1
~2379 sqft
$629,900
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Townhouse
3 + 1
4 + 1
~2379 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$264/sqft

Est. Mortgage$2,705/mo

Tax Amount (2025)-

Days On Market13 days


Description

4-182 Bridge Cres offers exceptional turn-key investment opportunity in Palmerston’s sought-after Creek Bank Meadows! Newly built 3+1 bdrm luxury townhome W/fully legal 1-bdrm W/O bsmt apt! With sep self-contained living spaces & strong projected cash flow, this home is ideal for investors, house-hackers or anyone looking to combine lifestyle W/long-term financial upside. In a market that has seen impressive 9.6% average annual appreciation over past decade, the value proposition here is undeniable. Built by WrightHaven Homes this residence spans over 2300sqt of living space across 2 independent units each W/own private entrance, laundry & mechanical systems. Main unit offers open-concept layout W/wide plank luxury vinyl flooring, kitchen W/granite counters & S/S appliances, dining area with W/O to private front balcony & living room that opens onto rear balcony. Upstairs are 3 large bdrms incl. primary suite with W/I closet & ensuite, 2nd full bathroom & laundry. Legal W/O bsmt apt is thoughtfully designed with S/S appliances, granite counters, 3pc bath, laundry & open-concept layout that leads out to its own patio. Whether for multigenerational living or rental income, this space offers flexibility & value. With projected cash flow of approx. $500/mth investors will appreciate potential for strong returns in region known for steady population growth incl. 13% increase in the past 5yrs & consistent demand for quality rentals. The homes thoughtful layout, modern finishes & proximity to major employers like TG Minto & Palmerston Hospital make it easy to attract excellent tenants in family-friendly, high-demand neighbourhood close to schools, parks & trails. Additional highlights include energy-efficient construction for lower operating costs, private garage & low mthly fee that cover snow removal & lawn care. With quick access to Listowel, Fergus, Guelph & KW this property delivers perfect blend of comfort, income potential & long-term growth all in one smart move


Property Details

StyleStacked Townhouse
View-
Age of property-
SqFt~2379 SqFt
Lot Size2,067 SqFt(84.3 x 24.53)
Parking Spaces2
MLS ®Number40709347
Community NameMinto
Data SourceITSO
Listing byRE/MAX REAL ESTATE CENTRE INC., BROKERAGE

Features

Heating: Electric, Heat Pump
Cooling: Central Air
Basement: Walk-Out Access, Full, Finished

Basement Floor

Bedroom

2.90 x 2.90

Living Room

4.27 x 3.20

Kitchen

2.90 x 2.74

Bathroom

3-Piece


Features

Lot size: 2,067 SqFt
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 1

Total parking spaces 2


Property History

Apr 7, 2025
ListedActive
$629,900
13 days on market
history photo preview35
Listing by itso®
Property listed by RE/MAX REAL ESTATE CENTRE INC., BROKERAGE, Brokerage

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Population and Demographics

Overview

Total population 8641
Average household income $111,756

Age (%)

0 to 19
25%
65 and plus
21%
50 to 64
19%
20 to 34
18%
35 to 49
17%

Household composition (%)

Single family
70%
Single person
26%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
88%
German
4%
Others
3%
Pennsylvania German
2%
Dutch
1%

House tenancy (%)

Owners
76%
Renters
24%

Schools and amenities

Estimated Budget