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, Brantford
$484,900
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.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,242 |
| Lot Size | 31 ft x 132 ft |
| mls© Number | X12531608 |
| Listed By | ROYAL 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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