Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
1 / 0

43 Richardson Street

, Brantford

$484,900

Detached|1 1/2 Storey
4 | 2 | 1
About this home

Welcome to 43 Richardson Street in Brantford, a fully rented duplex offering a practical opportunity for investors looking to add to their portfolio. This two-unit property features a renovated upper unit completed in 2022-2023, with updated finishes, refreshed kitchen and bathroom spaces, newer flooring, and modern fixtures. The lower unit is also tenanted, making this a turnkey option for those seeking an income-generating property with both units already occupied.Located in a convenient Brantford neighbourhood, this property offers easy access to parks, trails, schools, shopping, transit, and the scenic Grand River trail system. Brantford's extensive trail network, nearby green spaces, playgrounds, and recreation amenities help make this location appealing for tenants and future occupants alike.Whether you are expanding your investment portfolio or looking for a property with established rental income, 43 Richardson Street offers a solid combination of location, updates, and two existing tenancies.

Extras

No extras listed.

Visit this home

Pick a time that works for you.

No upcoming open houses.

Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,242
Lot Size31 ft x 132 ft
mls© NumberX12531608
Listed ByROYAL LEPAGE ACTION REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,482
Property tax
$270
Heat allowance
$150
Housing costs
$2,902 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $96,980
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$2,041 / mo
Cash down
$96,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

Nearby listings

Comparable sales

  • No similar listings found.