For Sale: 342 Thompson Street, Meaford, ON - REW
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$722,000
4 bd 4 ba 1500 - 1999 sf Multifamily

342 Thompson StreetMeaford, ON, N4L 1H6

Meaford Town
  • 4 Bed
  • 4 Bath
  • 1500 - 1999 Sqft
  • Multifamily

About this home

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:63626)
Listed by: HAILEY MACARTHUR, Salesperson, Keller Williams Experience Realty

Home facts and features

Price details
List Price
Gross Taxes for 2025
$4,803
Home facts
Bedrooms
4
Full Bathrooms
4
Parking Spaces
6
Parking Details
Garage, Attached Garage
Property Type
Multifamily
Depth
88.8 feet
Frontage
55.1 feet
Style
Raised bungalow
Exterior Finish
Vinyl siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning, Air exchanger
Basement Details
Finished, Separate entrance, ,
Features
Carpet Free, In-Law Suite, Lighting, Separate Electricity Meters, Separate Heating Controls, Sump Pump
Appliances
Dishwasher, Dryer, Garage door opener remote(s), Microwave, Refrigerator, Stove, Washer, Water Heater
Community
Agent details
Primary Agent
HAILEY MACARTHUR
Primary Broker
Keller Williams Experience Realty
Listing details
Days on REW
13 Days
MLS® Number
X13168506
Source
Canadian Real Estate Association
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Georgian Bay School
  • Public
  • 4 - 12
St Vincent-Euphrasia Elementary School
  • Public
  • JK - 3
Georgian Heights School
  • Private
  • Pre-K - 5
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-07.