342 THOMPSON STREET, Meaford, Ontario

$722,000

4 Beds
4 Baths
1,750 Square Feet

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

Level	Type	Dimensions
Lower Level	Living Room	6.07 m x 3.93 m
Lower Level	Bedroom 3	4.72 m x 3.73 m
Lower Level	Bathroom	2.74 m x 1.52 m
Lower Level	Bedroom 4	3.73 m x 3.22 m
Lower Level	Bathroom	2.74 m x 1.52 m
Lower Level	Laundry Room	2.23 m x 1.62 m
Lower Level	Foyer	2.15 m x 1.37 m
Lower Level	Kitchen	3.22 m x 2.59 m
Main Level	Foyer	2.36 m x 1.52 m
Main Level	Kitchen	4.03 m x 4.11 m
Main Level	Living Room	7.54 m x 4.11 m
Main Level	Bedroom	4.95 m x 2.36 m
Main Level	Bathroom	2.74 m x 1.52 m
Main Level	Bedroom 2	3.5 m x 3.35 m
Main Level	Bathroom	2.74 m x 1.52 m
Main Level	Laundry Room	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

This property for sale is located at 342 THOMPSON STREET in Meaford. It was last modified on May 25th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Meaford homes for sale.

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