$1,685,000
29 SYKES Street N, Meaford, ON N4L 1V9
Meaford
- Square feet
- 7,850
- Type
- Store W Apt/Office
About this listing
Positioned in the heart of downtown Meaford, this mixed-use building offers a rare opportunity to acquire a stabilized, income-producing asset with prominent main street frontage. Comprised of a 4,800 sq ft main flr commercial space & two residential units above, the property blends strong in-place income with upside in a market that continues to see growing demand from investors and end users. The building is fully tenanted, with established occupancy across both the commercial and residential components. The commercial space has been thoughtfully modernized, with improvements including updated flooring, lighting, drywall, washrooms, and mechanical systems, creating a clean, functional environment suited to long-term tenancy. A current commercial lease is in place, providing dependable income from day one. At the rear of the building, a truck-height loading door provides practical access. The rear 500 square foot space is well suited for storage, service use, or additional income potential. The large basement is dry and currently under utilized. The residential component offers two bright, two-story units with large windows and 10-foot ceilings. The two-bedroom unit has been updated with a new kitchen and bathroom, while the three-bedroom unit has been freshly painted and retains original character details. The property delivers immediate cash flow with additional value-add potential through future rent growth and longer-term repositioning. Recent capital upgrades include roof resurfacing (rear 2023, front 2024), electrical panel updates, a new furnace, and air conditioning, positioning the asset for minimal near-term capital requirements.Existing site plan approvals allow for future intensification, including a rear addition, offering flexibility to enhance both scale and returns over time. This is an opportunity to secure a landmark main street holding with a strong foundation and multiple income streams. Financials available upon request.
Property details
- Price per sqft
- $215
- Days on market
- 3 days
- Property taxes
- $8,809/yr (2025)
- Lot size
- 44.92 × 132.16 Feet
- Heating
- Gas Forced Air Closed (Gas)
- Cooling
- Yes
Payment calculator
- Mortgage amount
- $1,348,000
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
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MLS# X13032194
Listed by Forest Hill Real Estate Inc.
On market since Apr 22, 2026
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About 29 SYKES Street N, Meaford, ON N4L 1V9
How much is 29 SYKES Street N, Meaford, ON N4L 1V9?
29 SYKES Street N, Meaford, ON N4L 1V9 is listed for $1,685,000 CAD.
What type of property is 29 SYKES Street N, Meaford, ON N4L 1V9?
29 SYKES Street N, Meaford, ON N4L 1V9 is a Store W Apt/Office, 7,850 sq ft.
What neighbourhood is 29 SYKES Street N, Meaford, ON N4L 1V9 in?
29 SYKES Street N, Meaford, ON N4L 1V9 is in Meaford, Ontario.
Is 29 SYKES Street N, Meaford, ON N4L 1V9 for sale or for rent?
29 SYKES Street N, Meaford, ON N4L 1V9 is currently for sale.
What are the property taxes on 29 SYKES Street N, Meaford, ON N4L 1V9?
The annual property taxes on 29 SYKES Street N, Meaford, ON N4L 1V9 are approximately $8,809 CAD.
How do I book a showing for 29 SYKES Street N, Meaford, ON N4L 1V9?
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 29 SYKES Street N, Meaford, ON N4L 1V9 (MLS# X13032194). You can also send a message through the contact form on this site.