55 Trowbridge Street

About This Property

A rare opportunity to own one of Meaford's most recognizable heritage properties in the heart of downtown. Built in the late 1870s and showcasing classic Second Empire architecture, this landmark building blends historic character with exceptional flexibility for investors, entrepreneurs, and homeowners alike.Currently configured as a mixed-use triplex, the property includes two residential units and one street-facing commercial space (labeled apartment 3). The upper residential unit offers up to two bedrooms, the main floor residential apartment offers up to two bedrooms, and the commercial unit is well suited for retail, office, studio, or professional use. Zoning provides exceptional flexibility for a variety of future opportunities.Since 2006, the property has undergone extensive improvements including conversion of former offices into a residential apartment with approved kitchen and bathroom installation, updates to all three bathrooms, renovations to the upper kitchen and commercial kitchenette, restoration of cedar shake detailing, replacement of nearly all windows (2019-2025), flat roof membrane replacement (approx. 2011), new gas service (2024), new hot water heater (2024), new forced-air gas furnace (2025), and complete exterior painting (2026). New sump pump installed in 2026.Continue operating as an income-producing investment, live in one unit while renting the others, combine residential living with a business operation, or explore future conversion opportunities.Located steps from Meaford's shops, restaurants, harbour, marina, and waterfront, this property sits at the heart of a community known for its small-town charm, growing arts and culture scene, and strong sense of connection. A unique opportunity to own a piece of local history with income potential and exceptional future possibilities. A short 25min to Collingwood & 35min to Owen Sound.