$484,900

For sale

69 SHERIDAN Street, Brantford, Ontario, N3T2R1

2 bd2 ba1,474 ft²Lot size 4,356 sq ft (0.10 ac)

Listed by Flux Realty

112 GRAND RIVER Avenue, Brantford, Ontario, N3T4X4

For saleJust listed

2 days ago

$500K

112 GRAND RIVER Avenue, Brantford, Ontario, N3T4X4

4 bd2 ba2 pk1,694 ft²Lot size 3,659 sq ft

Listed by Re/Max Twin City Realty Inc

10 Marie Avenue, Brantford, Ontario, N3S1K2

For saleJust listed

5 days ago

$999K

10 Marie Avenue, Brantford, Ontario, N3S1K2

8 bd4 ba5 pk1,750 ft²Lot size 69 × 126 ft (8,694 sq ft)

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

93 West Street, Brantford, Ontario, N3T3E8

For sale

12 days ago

$999K

93 West Street, Brantford, Ontario, N3T3E8

4 bd4 ba8 pk2,250 ft²

Listed by Real Broker Ontario Ltd.

Investment analysis

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$484,900

Brantford

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43 RICHARDSON Street, Brantford - Multi-family for Sale

43 RICHARDSON Street, Brantford, Ontario, N3T1H7

4 beds2 baths1 parking1,806 ft²Listed 31 days ago

Overview

This multi-family property in Brantford is for sale offering roughly 1,806 sq ft of space. It has been on the market 31 days, fresher than the Brantford average of 64 days.

Multi-Family Properties for Sale in Brantford →All real estate in Brantford →

Description

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. (id:66096)

Property Details

MLS®: 40867290
Property Type: Multi-family
Zoning: RC
Bedrooms: 4
Bathrooms: 2
Parking: 1
Interior Size: 1,806 ft²
Frontage: 29 ft
Units: 2
Year Built: 1905
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: None
Ownership: Freehold
Property Tax: $3,242/yr
Listed: 31 days ago

Features

Foundation: Block
Exterior: Aluminum siding
Lot Features: Southern exposure, Shared Driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Brantford listings, avg age

64d

Price / ft²

$268

List price

$485K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 4-bed multi-family in Brantford has been listed for 31 days, which is 33 days fresher than the city average of 64. Act while there is still low competition.

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Listed by Royal LePage Action Realty · Don Lea

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3T)

This home lists at $484,900, about 5.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $94,718 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.

Median household income: $86,000
Population: 37,406
Median age: 38.8
Owner / renter: 66% / 34%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N3T)

$484,900· $268/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,245

Min 5%50%

Mortgage payment$2,554/mo

↳ CMHC premium ($18,426 capitalized)

Property tax (est.)$270/mo

Total monthly$2,824

Cash Needed to Close

Down payment (5%)$24,245

Land transfer tax$6,173

Est. closing costs$3,955

Total cash needed$34,373

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice