$722,000
Available - For Sale
Listing ID: X13168506
342 Thompson Street , Meaford, N4L 1H6, Grey County
| 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. |
| Price | $722,000 |
| Taxes: | $4803.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 342 Thompson Street , Meaford, N4L 1H6, Grey County |
| Directions/Cross Streets: | Highway 26 to William Street to Thompson Street |
| Rooms: | 8 |
| Rooms +: | 8 |
| Bedrooms: | 2 |
| Bedrooms +: | 2 |
| Family Room: | T |
| Basement: | Finished, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Foyer | 7.74 | 4.99 | Vinyl Floor |
| Room 2 | Main | Kitchen | 13.22 | 13.48 | Centre Island, Stainless Steel Appl, Open Concept |
| Room 3 | Main | Living Ro | 24.73 | 13.48 | Open Concept, Vinyl Floor, W/O To Deck |
| Room 4 | Main | Bedroom | 16.24 | 7.74 | 4 Pc Ensuite, Walk-In Closet(s), Vinyl Floor |
| Room 5 | Main | Bathroom | 8.99 | 4.99 | 4 Pc Ensuite |
| Room 6 | Main | Bedroom 2 | 11.48 | 10.99 | Closet, Vinyl Floor |
| Room 7 | Main | Bathroom | 8.99 | 4.99 | 4 Pc Bath |
| Room 8 | Main | Laundry | 9.32 | 5.74 | Vinyl Floor |
| Room 9 | Lower | Foyer | 7.05 | 4.49 | Vinyl Floor |
| Room 10 | Lower | Kitchen | 10.56 | 8.5 | Open Concept, Stainless Steel Appl, Vinyl Floor |
| Room 11 | Lower | Living Ro | 19.91 | 12.89 | Open Concept, Vinyl Floor |
| Room 12 | Lower | Bedroom 3 | 15.48 | 12.23 | 4 Pc Ensuite, Walk-In Closet(s), Vinyl Floor |
| Room 13 | Lower | Bathroom | 8.99 | 4.99 | 4 Pc Ensuite |
| Room 14 | Lower | Bedroom 4 | 12.23 | 10.56 | Closet, Vinyl Floor |
| Room 15 | Lower | Bathroom | 8.99 | 4.99 | 4 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Lower |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 4 | Lower |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | Main |
| Washroom Type 12 | 4 | Lower |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 0-5 |
| Property Type: | Duplex |
| Style: | Bungalow-Raised |
| Exterior: | Vinyl Siding |
| Garage Type: | Attached |
| Drive Parking Spaces: | 4 |
| Pool: | None |
| Approximatly Age: | 0-5 |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Golf, Hospital |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Keller Williams Experience Realty |
|
|
Rocky Li
Realtor
Dir:
416-567-3688
Bus:
905-604-6855
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Duplex |
| Area: | Grey County |
| Municipality: | Meaford |
| Neighbourhood: | Meaford |
| Style: | Bungalow-Raised |
| Approximate Age: | 0-5 |
| Tax: | $4,803 |
| Beds: | 2+2 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
Locatin Map:
Payment Calculator:
