342 THOMPSON STREET, Meaford, Ontario, N4L1H6

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For sale, ID#: X13168506
342 THOMPSON STREET
Meaford Ontario
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2 + 2 Beds
4 Bath
$722,000

Purpose-built income properties like this rarely come to market in Meaford. Completed in 2023, this premium duplex is the definition of turn-key investing: modern construction, strong in-place income, low operating overhead, and zero deferred maintenance. Generating north of $50,000 in gross annual income, the property is fully leased with the upper unit renting for $2,300/month and the lower unit renting for $1,900/month. Tenants pay all utilities including separately metered hydro and water, creating an efficient, landlord-friendly investment with predictable cash flow and minimal ongoing expenses. Offering more than 3,000 sq.ft. of rentable living space, both units feature highly desirable layouts with 2 bedrooms, 2 bathrooms, open-concept living areas, modern kitchens, spacious primary bedrooms with ensuites, in-suite laundry, private entrances, and attached private garages; features specifically designed to attract and retain high-quality tenants. 342 Thompson Street is the type of asset investors are actively searching for: newer construction, excellent tenant profile, strong rental demand, and located in one of Ontario's fastest-growing lifestyle markets. Meaford continues to experience significant growth driven by its proximity to Thornbury, Collingwood, Blue Mountain, Georgian Bay, and the region's expanding healthcare, tourism, and professional sectors. Whether you're adding to an established portfolio or securing a long-term appreciation play, 342 Thompson Street checks every box. Strong income. Strong tenant profile. Strong market. A truly turn-key investment opportunity. (id:2471)

Representative
Trish Duncan
Trish DuncanSales Representative
Royal LePage Locations North (Thornbury) Brokerage
Property Details
  • Property Address: 342 THOMPSON STREET, Meaford, Ontario, N4L1H6
  • Community Name: Meaford
  • Property Type: Multi-family
  • Zoning Description: R3
  • Lot Size: 55.1 x 88.8 FT
  • Acreage: 55.1 x 88.8 FT
  • Sewage Type: Sanitary sewer
  • Water Type: Municipal water
  • Driveway: Attached Garage, Garage
  • Total Parking Spaces: 6
  • Amenities Nearby: Golf Nearby, Hospital, Marina, Public Transit, Schools
Structure Details
  • Structure Style: Duplex
  • Storeys: 1
  • Floor Space: 1500 - 2000 sqft
  • Building Age: 0 to 5 years
  • Bedrooms: 2 + 2
  • Bathrooms: 4-Total
  • Basement Type: N/A (Finished), N/A
  • Heating Type: Natural gas, Forced air
  • Cooling: Central air conditioning, Air exchanger
  • Exterior Type: Vinyl siding
  • Flooring: Vinyl
  • Foundation Type: Poured Concrete
  • Appliances Included: Garage door opener remote(s), Water Heater, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
  • Structures: Deck, Porch
Amenities / Features
  • Lighting
  • Carpet Free
  • Guest Suite
  • Sump Pump
  • In-Law Suite
  • Landscaped
Room Details
Type Level Dimensions
Living room Lower level 6.07 m x 3.93 m
Bedroom 3 Lower level 4.72 m x 3.73 m
Bathroom Lower level 2.74 m x 1.52 m
Bedroom 4 Lower level 3.73 m x 3.22 m
Bathroom Lower level 2.74 m x 1.52 m
Laundry room Lower level 2.23 m x 1.62 m
Foyer Lower level 2.15 m x 1.37 m
Kitchen Lower level 3.22 m x 2.59 m
Foyer Main level 2.36 m x 1.52 m
Kitchen Main level 4.03 m x 4.11 m
Living room Main level 7.54 m x 4.11 m
Bedroom Main level 4.95 m x 2.36 m
Bathroom Main level 2.74 m x 1.52 m
Bedroom 2 Main level 3.5 m x 3.35 m
Bathroom Main level 2.74 m x 1.52 m
Laundry room Main level 2.84 m x 1.75 m
Neighbourhood Information

Listing Office: Keller Williams Experience Realty

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342 THOMPSON STREET, Meaford, Ontario, N4L1H6

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