342 Thompson ST, Meaford, ON N4L 1H6
342 Thompson ST, Meaford, ON N4L 1H6
342 Thompson ST, Meaford, ON N4L 1H6
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4 BD
4 BA

342 Thompson ST Meaford, ON N4L 1H6

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Key Details

Sold Price -

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Meaford

MLS Listing ID X13168506

Sold Date -

Style Bungalow-Raised

Bedrooms 4

Annual Tax Amount $4,803

Tax Year 2025

Property Sub-Type Duplex

Property Description

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.

Location

Province ON

County Grey County

Area Grey County

Zoning R3

Rooms

Family Room Yes

Basement Finished, Separate Entrance

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Air Exchanger, Auto Garage Door Remote, Accessory Apartment, Carpet Free, Floor Drain, Guest Accommodations, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Sump Pump, Upgraded Insulation, Water Heater Owned, Storage

Cooling Central Air

Exterior

Exterior Feature Deck, Landscaped, Lighting, Porch

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 55.12

Lot Depth 88.83

Total Parking Spaces 6

Building

Building Age 0-5

Foundation Poured Concrete

Others

Senior Community Yes

ParcelsYN No

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Listed by Keller Williams Experience Realty

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Nigel Wong

Nigel Wong

Realtor | License ID: 9598315

+1(647) 549-1865

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