342 Thompson St

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:54626)