342 THOMPSON STREET Meaford

342 THOMPSON STREET, Meaford, Ontario

$722,000

  • 4 Beds
  • 4 Baths

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:56241)

  • Listing ID: X13168506
  • Property Type: Multi-family

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Rooms

LevelTypeDimensions
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

Details

  • Architectural Style: Raised bungalow
  • Amenities Nearby: Golf Nearby, Hospital, Marina, Public Transit, Schools
  • Features: Lighting, Carpet Free, Guest Suite, Sump Pump, In-Law Suite
  • Parking Spaces: 6
  • Structure: Deck, Porch
  • Transaction: For sale
  • Zoning Description: R3

Building

  • Amenities: Separate Heating Controls, Separate Electricity Meters
  • Appliances: Garage door opener remote(s), Water Heater, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
  • Architectural Style: Raised bungalow
  • BasementType: N/A (Finished), N/A
  • Basement Development: Finished
  • Basement Features: Separate entrance
  • Bedrooms Main Level: 2
  • Bedrooms Lower Level: 2
  • Constructed Status: Insulation upgraded
  • Cooling: Central air conditioning, Air exchanger
  • Exterior Finish: Vinyl siding
  • Fireplace Present: False
  • Flooring: Vinyl
  • Foundation: Poured Concrete
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1500 - 2000 sqft
  • Stories Total: 1
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Amenities: Golf Nearby, Hospital, Marina, Public Transit, Schools
  • Landscape Features: Landscaped
  • Sewer: Sanitary sewer
  • Size Frontage: 55 ft ,1 in
  • Size Irregular: 55.1 x 88.8 FT
  • Surface Water: Lake/Pond
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 342 THOMPSON STREET in Meaford Ontario. It was last modified on May 25th, 2026. Contact Sharon Holland to schedule a viewing or to discover other Meaford homes for sale.

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