5 Bedrooms

3 Bathrooms

2,000 - 2,500 sqft Interior

4 Parking spaces

45 X 100 Ft Lot size

1 day ago Listed

Virtual tour Central Air Conditioning Forced Air

Request a tour Ask a question

About this home

Two units. Zero tenants. One seriously interesting opportunity. Welcome to 390-394 Hyde Street, a VACANT, well-maintained duplex that gives its next owner something investors love: options. Choose your own tenants, set your own rents, live in one and let the other help pay the bills, or add both doors to your investment portfolio. 390 offers 2 bedrooms PLUS an office/den, 2 bathrooms, a formal dining room, living room, kitchen and two porches. 394 brings another 3 bedrooms, 1 bathroom, dining room, living room and kitchen. That's five bedrooms, three bathrooms and plenty of space between the two units. Sitting proudly on a corner lot, there's another surprise out back: a detached DOUBLE-CAR GARAGE with a loft. Storage, toys, workshop space... you decide. Now, let's talk numbers. At projected rents of $1,500/month per unit, you're looking at $36,000 in potential gross annual rent. Using a 5% vacancy allowance, 5% maintenance/repair allowance, 2026 taxes of $2,993.18 and insurance of $2,752.67, estimated NOI is approximately $26,654 - translating to a projected 5.61% cap rate at the $475,000 asking price. Plus, each unit has separate hydro and gas meters.Vacant duplex. Double garage. Five bedrooms between the units. 390-394 Hyde Street might just make your calculator - and your portfolio - very happy. Rental income, expenses, NOI and cap rate are projections only. Buyers to complete their own due diligence. (id:28469)

Virtual tour

Open house

Sunday, September 13 11:00 am – 1:00 pm Add to calendar →

Facts & features

Property

MLS® Number: X13770498
Property Type: Single Family
Community Name: 808 - Prescott
Ownership: Freehold
Amenities Near By: Park, Place Of Worship, Golf Nearby
Community Features: Community Centre
Parking Space Total: 4
View Type: City View

Building

Bathroom Total: 3
Bedrooms Above Ground: 5
Bedrooms Total: 5
Age: 100+ Years
Amenities: Separate Heating Controls, Separate Electricity Meters
Appliances: Water Heater, Dishwasher
Basement Development: Unfinished
Basement Type: N/a (unfinished)
Construction Style Attachment: Semi-detached
Cooling Type: Central Air Conditioning
Exterior Finish: Aluminum Siding
Fire Protection: Smoke Detectors
Foundation Type: Stone
Half Bath Total: 1
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 2
Size Interior: 2,000 - 2,500 Sqft
Type: House
Utility Water: Municipal Water

Parking

Detached Garage: —
Garage: —

Land

Acreage: No
Land Amenities: Park, Place Of Worship, Golf Nearby
Sewer: Sanitary Sewer
Size Depth: 100 Ft
Size Frontage: 45 Ft
Size Irregular: 45 X 100 Ft
Size Total Text: 45 X 100 Ft
Zoning Description: Residential (r3)

Utilities

Cable: Installed
Electricity: Installed
Sewer: Installed

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $2,103/mo
Ontario land transfer tax: $5,975 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Prescott market

37 Active listings

$459,900 Median asking price

3% above median This home

32 days Avg. time on market

Browse all Prescott listings →

Rooms

Second Level

Primary Bedroom 4.04 m x 3.31 m
Office 3.69 m x 2.49 m
Bedroom 3.2 m x 3.73 m
Other 1.74 m x 0.83 m
Bathroom 2.37 m x 2.07 m
Primary Bedroom 3.23 m x 3.69 m
Bedroom 3.75 m x 2.48 m
Bedroom 3.92 m x 3.26 m
Bathroom 2.45 m x 2.05 m

Main Level

Kitchen 3.96 m x 3.26 m
Dining Room 3.5 m x 4.63 m
Dining Room 3.39 m x 4.66 m
Kitchen 4.12 m x 5.04 m
Bathroom 3.29 m x 2.38 m
Other 2.27 m x 4.62 m
Living Room 3.47 m x 4.63 m
Foyer 2.15 m x 2.26 m
Other 2.21 m x 2.15 m
Living Room 3.5 m x 4.66 m

Location

390-394 Hyde Street, Prescott, Ontario K0E 1T0 · Get directions

390-394 Hyde Street