342 THOMPSON STREET

Key facts

• Property type: Multi-family
• Structure: Duplex
• Transaction: For Sale
• Price: $722,000
• Bedrooms: 4
• Bathrooms: 4
• Lot size: 55.1 x 88.8 FT
• Parking: 6
• Listing key: 29798705

Listing overview

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 class="container" id="details-container",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...