342 Thompson Street Meaford, Ontario N4L 1H6
$849,900
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. (id:4014)
Property Details
| MLS® Number | X9055653 |
| Property Type | Single Family |
| Community Name | Meaford |
| Amenities Near By | Hospital, Park |
| Community Features | School Bus, Community Centre |
| Features | Carpet Free, Guest Suite, Sump Pump, In-law Suite |
| Parking Space Total | 6 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 4 |
| Amenities | Separate Electricity Meters |
| Appliances | Garage Door Opener Remote(s), Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (finished) |
| Construction Status | Insulation Upgraded |
| Cooling Type | Central Air Conditioning, Air Exchanger |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Security System, Smoke Detectors |
| Flooring Type | Vinyl |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Land Amenities | Hospital, Park |
| Sewer | Sanitary Sewer |
| Size Depth | 86 Ft ,2 In |
| Size Frontage | 60 Ft ,10 In |
| Size Irregular | 60.86 X 86.21 Ft |
| Size Total Text | 60.86 X 86.21 Ft |
| Zoning Description | R3 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Laundry Room | 2.23 m | 1.62 m | 2.23 m x 1.62 m |
| Lower Level | Foyer | 2.15 m | 1.37 m | 2.15 m x 1.37 m |
| Lower Level | Bedroom 3 | 4.72 m | 3.73 m | 4.72 m x 3.73 m |
| Lower Level | Bedroom 4 | 3.73 m | 3.22 m | 3.73 m x 3.22 m |
| Lower Level | Living Room | 6.07 m | 3.93 m | 6.07 m x 3.93 m |
| Lower Level | Kitchen | 3.22 m | 2.59 m | 3.22 m x 2.59 m |
| Main Level | Bedroom | 2.36 m | 4.95 m | 2.36 m x 4.95 m |
| Main Level | Bedroom 2 | 3.35 m | 3.5 m | 3.35 m x 3.5 m |
| Main Level | Living Room | 7.54 m | 4.11 m | 7.54 m x 4.11 m |
| Main Level | Kitchen | 4.03 m | 4.11 m | 4.03 m x 4.11 m |
| Main Level | Laundry Room | 2.84 m | 1.75 m | 2.84 m x 1.75 m |
| Main Level | Foyer | 2.36 m | 1.52 m | 2.36 m x 1.52 m |
Utilities
| Cable | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/27216925/342-thompson-street-meaford-meaford
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September 11 2024 05:11:39
Toronto Real Estate Board
Keller Williams Realty Centres