Mixed Use Investment Property in Downtown Meaford

Located in the centre of downtown Meaford, 28 Sykes Street N offers a strong mixed use investment opportunity with CG zoning, allowing for a broad range of commercial and residential uses. This high visibility location is just a short distance to the Meaford waterfront, marina, and core amenities, supporting steady foot traffic and long term tenant appeal. The property is fully tenanted, providing immediate and consistent income from both the residential and commercial units. The upper level features an approximately 1250 sq ft residential suite with three bedrooms, a full kitchen, dedicated living and dining areas, a mudroom, in suite laundry, and direct access to a large private deck. The layout is functional and well suited for long term occupancy, offering the space and flexibility tenants look for in a downtown setting. On the main level, the commercial unit offers approximately 1400 sq ft of space with direct frontage onto Sykes Street. With its exposure, accessibility, and approximately 9 foot ceiling height, the space supports a variety of permitted uses including retail, office, or service based businesses. An established commercial tenancy is already in place, contributing to the property’s overall income stability. The building is equipped with separate heating systems, including a natural gas furnace servicing the commercial unit and a natural gas boiler dedicated to the upper residential unit, offering efficient and independent climate control. A dry basement provides additional storage, enhancing the functionality of the property for both tenants and ownership. Two deeded parking spaces add further value, particularly in a downtown location where parking is limited. For investors looking for a downtown Meaford commercial residential investment property, 28 Sykes Street N delivers a combination of location, zoning flexibility, and reliable tenancy in a growing waterfront community. Back portion of roof (2015), Roof (2024), Commercial unit renovated (2025), Water heater (2025), Kitchen & laundry (2022), Basement cast iron piping replaced with PVC (2018), Roof top deck, stairs & fencing (2017), Front facade new brick (2016)