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47 photos

342 Thompson Street

Meaford, Meaford, ON
Listed 33 days ago
$722,000For Sale
$627,016Estimated value
2+2Bedrooms
4Bathrooms
1500-2000 sqftSize
6 (2 garage)Parking
55 ft × 89 ftLot Size
DuplexProperty Type

342 Thompson Street

Meaford, ON · Meaford

Listed 33 days ago
Bedrooms2+2
Bathrooms4
Size1500-2000 sqft
Parking6 (2 garage)
Lot Size55 ft × 89 ft
Property TypeDuplex
$722,000
For Sale
MLS# X13168506
$627,016Estimated value

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About this home

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…

Features & Details

Property Type
Duplex
Tax
$4,803 / 2025
Building Age
0-5 years
Size
1500-2000 sqft
Lot Size
55.12 x 88.83 Feet
Basement Info
Finished, Separate Entrance
Total Parking Spaces
6 (2 Garage)
Title
Residential Freehold
Property Style
Bungalow-Raised
Community
Meaford
Municipality
Meaford
Construction
Vinyl Siding
Cross Street
Highway 26 to William Street to Thompson Street
Front Door Facing
West
Local Amenities
Golf, Hospital, Lake/Pond, Marina, Public Transit, School
Lot Legal Description
PLAN 309 PT LOT 1329 RP 16R11393 PART 1
Data Source
One Point Association of REALTORS
Brokerage
Keller Williams Experience Realty
Listed On
May 25, 2026
Listing Expires On
Sep 26, 2026
Listing Updated On
May 25, 2026
Bedrooms
2+2
Bathrooms
4
Kitchens
1
Rooms
8
Bathroom Detail
4 Pcs on Main Level
Bathroom Detail
4 Pcs on Lower Level
Garage Type
Attached
Garage
2
Parking
6
Heating
Forced Air
Heat Source
Gas
Cooling
Central Air
Sewer
Sewer
Den / Family Room
Yes
Swimming Pool
None
Roof Material
Asphalt Shingle
Foundation Type
Poured Concrete
Interior Features
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

Listing History

Active33 days on marketCurrently viewingMLS #X13168506
May 25, 20261 month ago
Listed for Sale
Sign in to view
May 25, 20261 month ago
Listed for Sale
Sign in to view
Terminated64 days on marketMLS #X9055653
Sep 27, 20241 year ago
Terminated
Sign in to view
Jul 25, 20241 year ago
Listed for Sale
Sign in to view

Estimate History

Estimated value, last 24 months
Jul 2024 – Jun 2026
$762K
$666K
$570K
$475K
Jul
Dec
May
Oct
Mar
Jun

Automated estimate from Polsinello Predictive AI. Not an appraisal. Actual market value may differ.

Mortgage calculator

Estimated monthly payment
$3,522

Estimated payment. Does not include property tax, insurance, or condo fees.

Location & nearby

Meaford Real Estate Market

Meaford · last 90 days
$745,000
Median sold price
-13.7%
Median price, year over year
69 days
Avg days on market
35
Homes sold (90 days)
3%
Sold above asking
94%
Sold below asking
$520–$654/ft²
Price per sq ft
Median price trend
Jun 2025 – Jun 2026
$914K
$744K
$574K
$404K
Jun
Sep
Dec
Mar
Jun

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(905) 830-9111