Home with brick exterior material, street for 342 Thompson St, Meaford Ontario N4L 1H6
2 days on Market

342 Thompson St, Meaford, Ontario N4L 1H6

Townhouse
2 + 2
4
~1500-2000 sqft
$722,000
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Townhouse
2 + 2
4
~1500-2000 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$421/sqft

Monthly cost

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Description

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.


Property Details

StyleBungalow-Raised
View-
Age of property0-5
SqFt~1500-2000 SqFt
Lot Size4,896 SqFt(88.83 x 55.12)
Parking Spaces6
MLS ®NumberX13168506
Community NameMeaford
Data SourceTRREB
Listing byKeller Williams Experience Realty

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Sep Entrance

Main Floor

Foyer

2.36 x 1.52

Vinyl Floor

Kitchen

4.03 x 4.11

Centre Island / Stainless Steel Appl / Open Concept

Living

7.54 x 4.11

Open Concept / Vinyl Floor / W/O To Deck

Br

4.95 x 2.36

4 Pc Ensuite / W/I Closet / Vinyl Floor


Features

Lot size: 4,896 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 4

Total parking spaces 6


Property History

May 25, 2026
ListedActive
$722,000
2 days on market
history photo preview47
Listing by trreb®
Property listed by Keller Williams Experience Realty, Brokerage
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Market Data - Meaford

Geo Zone Map ThumbnailMeaford

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

58 days

Compared to

2025

13 days

2024

0 day

2023

20 days

New Listings

Past 30 days

5 listings

Compared to

2025

2 listings

2024

2 listings

2023

2 listings

Units sold

Past 30 days

1 unit

Compared to

2025

1 unit

2024

0 unit

2023

1 unit

Median Sold Price

Past 30 days

$439,009

Compared to

2025

$619,000

2023

$554,900


Population and Demographics

Overview

Total population 11704
Average household income $120,237

Age (%)

0 to 19
17%
20 to 34
13%
35 to 49
15%
50 to 64
23%
65 and plus
31%

Household composition (%)

Single family
69%
Single person
29%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
95%
Others
3%
French
1%

House tenancy (%)

Owners
81%
Renters
19%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget