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.
For sale
C$722,000
342 Thompson St, Meaford, ON N4L 1M6
4beds
4baths
Duplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Modern kitchensIn-suite laundryPrivate entrancesAttached private garages
- 45 days |
- 6 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Experience Realty
Source: TRREB,MLS®#: X13168506
Originating MLS®#: One Point Association of REALTORS
Originating MLS®#: One Point Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Bedroom
- Level: Main
- Dimensions: 4.95 x 2.36
Bedroom 2
- Level: Main
- Dimensions: 3.5 x 3.35
Bedroom 3
- Level: Lower
- Dimensions: 4.72 x 3.73
Bedroom 4
- Level: Lower
- Dimensions: 3.73 x 3.22
Bathroom
- Level: Main
- Dimensions: 2.74 x 1.52
Bathroom
- Level: Lower
- Dimensions: 2.74 x 1.52
Bathroom
- Level: Main
- Dimensions: 2.74 x 1.52
Bathroom
- Level: Lower
- Dimensions: 2.74 x 1.52
Foyer
- Level: Main
- Dimensions: 2.36 x 1.52
Foyer
- Level: Lower
- Dimensions: 2.15 x 1.37
Kitchen
- Level: Main
- Dimensions: 4.03 x 4.11
Kitchen
- Level: Lower
- Dimensions: 3.22 x 2.59
Laundry
- Level: Main
- Dimensions: 2.84 x 1.75
Living room
- Level: Lower
- Dimensions: 6.07 x 3.93
Living room
- Level: Main
- Dimensions: 7.54 x 4.11
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Included: Water Heater Owned
Features
- Floor Drain, Guest Accommodations, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Upgraded Insulation, Storage
- Flooring: Accessory Apartment, Carpet Free
- Basement: Finished,Separate Entrance
- Has fireplace: No
Interior area
- Living area range: 1500-2000 null
Property
Parking
- Total spaces: 6
- Parking features: Garage Door Opener
- Has garage: Yes
Features
- Patio & porch: Deck, Porch
- Exterior features: Landscaped, Lighting
- Pool features: None
Lot
- Size: 4,896 Square Feet
- Features: Golf, Hospital, Lake/Pond, Marina, Public Transit, School
Details
- Parcel number: 371070329
- Other equipment: Air Exchanger, Sump Pump
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow-Raised
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Poured Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Meaford
Financial & listing details
- Annual tax amount: C$4,803
- Date on market: 5/25/2026
Keller Williams Experience Realty
Keller Williams Experience Realty
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Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: N4L
Nearby schools
GreatSchools rating
No schools nearby
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- Ontario
- Grey County
- Meaford
- N4L 1M6
- 342 Thompson St
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