342 THOMPSON STREET

$722,000

Listing ID: X13168506

Keller Williams Experience Realty

342 THOMPSON STREET, Meaford, Ontario, N4L1H6

Bathrooms: 4 Bedrooms: 4
Property Type: Multi-family Building Area: 1500 - 2000 sqft
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. (id:24871)


Details

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

Bedrooms Above Ground: 2 Bedrooms Below Ground: 2
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 Basement Development: Finished
Basement Features: Separate entrance Basement: N/A (Finished), N/A
Construction Status: Insulation upgraded Cooling: Central air conditioning, Air exchanger
Exterior Finish: Vinyl siding Flooring: Vinyl
Foundation: Poured Concrete Bathrooms (Total): 4
Heating Fuel: Natural gas Heating: Forced air
Size Interior: 1500 - 2000 sqft Storeys Total: 1
Type: Duplex Utility Water: Municipal water

Land

Size Frontage: 55 ft ,1 in Amenities: Golf Nearby, Hospital, Marina, Public Transit, Schools
Landscape Features: Landscaped Sewer: Sanitary sewer
Size Depth: 88 ft ,9 in Size Irregular: 55.1 x 88.8 FT
Surface Water: Lake/Pond
Level Type Dimensions
Lower levelLiving room6.07 m x 3.93 m
Lower levelBedroom 34.72 m x 3.73 m
Lower levelBathroom2.74 m x 1.52 m
Lower levelBedroom 43.73 m x 3.22 m
Lower levelBathroom2.74 m x 1.52 m
Lower levelLaundry room2.23 m x 1.62 m
Lower levelFoyer2.15 m x 1.37 m
Lower levelKitchen3.22 m x 2.59 m
Main levelFoyer2.36 m x 1.52 m
Main levelKitchen4.03 m x 4.11 m
Main levelLiving room7.54 m x 4.11 m
Main levelBedroom4.95 m x 2.36 m
Main levelBathroom2.74 m x 1.52 m
Main levelBedroom 23.5 m x 3.35 m
Main levelBathroom2.74 m x 1.52 m
Main levelLaundry room2.84 m x 1.75 m

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