$849,900
FOR SALE

Duplex Bungalow

Bedrooms: 2+2Bathrooms: 4Lot: 60.86 x 86.21 ft
2024 Taxes: $3,933.19

342 Thompson St
Meaford, ON N4L 1H6 | Grey County

Seize the opportunity to invest in a newly constructed duplex, completed in 2023, located in the heart of Meaford. This property features over 3,000 square feet of rentable space, with each unit offering 2 bedrooms and 2 bathrooms. This duplex boasts modern living with exceptional design and finishes, making this property ideal for investors seeking steady rental income or future resale value. Designed with generous floor plans, including open-concept kitchens and living areas, large bedrooms with ensuites, and plenty of natural light. Each unit also comes equipped with its own laundry facilities, garage, separate entrance, and hydro meter. This duplex is economically efficient to operate and generates impressive income with stabilized rents. Meaford is a thriving community and regional center with a strong focus on business, health, education, tourism, and culture, contributing to its stable economic base. The growing demand for rental properties in Meaford ensures a consistent rental market, making this an excellent addition to any investment portfolio with an attractive cap rate. Don't miss out on this exceptional investment opportunity in one of Ontario's most charming and rapidly developing towns.
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Listed By KELLER WILLIAMS REALTY CENTRES
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9055653
Last Updated Jul 25, 2024
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 (2024) $3,933.19
Directions/Cross Streets William Street
Neighbourhood Meaford
Area Grey County
Price History

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Detailed Information
Fronting On W
Property Features Hospital, Park, Rec Centre, School Bus Route
Special Designations Unknown
Bedrooms 2+2
Bathrooms 4
Rooms 6+6
Kitchens 1+1
Lot 60.86 x 86.21 ft
Approximate Square Footage 3000-3500
Approximate Age 0-5
Exterior Vinyl Siding
Air Conditioning Central Air
Family Room Y
Fireplace/Stove N
Pool None
Laundry Level Main
Basement Finished, Sep Entrance
Drive Pvt Double
Garage Spaces 2.0
Garage Type Attached
Parking Spaces 4
Total Parking Spaces 6.0
Heat Source Gas
Heat Type Forced Air
Sewers Sewers
Utilities-Hydro Y
Utilities-Gas Y
Utilities-Cable Y
Utilities-Telephone Y
Water Municipal
Zoning R3
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
BrMain2.36 m x 4.95 m (7.74 ft x 16.24 ft)4 Pc Ensuite, W/I Closet, Vinyl Floor
2nd BrMain3.35 m x 3.5 m (10.99 ft x 11.48 ft)Vinyl Floor
LivingMain7.54 m x 4.11 m (24.74 ft x 13.48 ft)Open Concept, W/O To Deck, Vinyl Floor
KitchenMain4.03 m x 4.11 m (13.22 ft x 13.48 ft)Centre Island, Stainless Steel Appl, Open Concept
LaundryMain2.84 m x 1.75 m (9.32 ft x 5.74 ft)Vinyl Floor
FoyerMain2.36 m x 1.52 m (7.74 ft x 4.99 ft)Vinyl Floor
3rd BrLower4.72 m x 3.73 m (15.49 ft x 12.24 ft)4 Pc Ensuite, W/I Closet, Vinyl Floor
4th BrLower3.73 m x 3.22 m (12.24 ft x 10.56 ft)Vinyl Floor
LivingLower6.07 m x 3.93 m (19.91 ft x 12.89 ft)Open Concept, Vinyl Floor
KitchenLower3.22 m x 2.59 m (10.56 ft x 8.5 ft)Stainless Steel Appl, Open Concept, Vinyl Floor
LaundryLower2.23 m x 1.62 m (7.32 ft x 5.31 ft)Vinyl Floor
FoyerLower2.15 m x 1.37 m (7.05 ft x 4.49 ft)
Bathrooms
Pieces Level
4Main
4Lower

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