$722,000
FOR SALE

Duplex Bungalow-Raised

Bedrooms: 4Bathrooms: 4Lot: 55.12 x 88.83 ft
2025 Taxes: $4,803

342 Thompson St
Meaford, ON 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.
Extras
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
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Listed By Keller Williams Experience Realty
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13168506
Last Updated May 25, 2026
Property Summary
Property Type Duplex

More like this:
PIN 371070329
Legal Description PLAN 309 PT LOT 1329 RP 16R11393 PART 1
Possession Date Flexible
Taxes (2025) $4,803
Directions/Cross Streets Highway 26 to William Street to Thompson Street
Neighbourhood Meaford
Area Grey County
Price History

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Detailed Information
Fronting On West
Special Designations Unknown
Included Cable TV
Bedrooms 4
Bathrooms 4
Lot 55.12 x 88.83 ft
Exterior Vinyl Siding
Air Conditioning Central Air
Family Room Y
Basement Finished, Separate Entrance
Garage Type Attached
Garage/Park Spaces Y
Parking Spaces 4
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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