For Sale

390-394 Hyde Street

$475,000
Prescott, Ontario K0E 1T0 · MLS® X13770498 · Updated 53 mins ago
390-394 Hyde Street, Prescott, ON K0E 1T0
1 / 50 photos
5
Bedrooms
3
Bathrooms
Sq Ft
4
Parking

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.

Property Information

Type
Residential Freehold
Style
Semi-Detached
Architectural Style
2-Storey
Age
100+
Lot Size
45 × 100 ft
Direction Faces
North
Bedrooms
5
Kitchens
2
Parking
4 total · Detached
Cross Street
Edward Street/Wood Street/Josephine Street
Postal Code
K0E 1T0
Occupancy
Vacant
Possession
Immediate
MLS#
X13770498
Listing Office
REMAX BOARDWALK REALTY

Building Details

Construction
Aluminum Siding
Roof
Asphalt Shingle
Heating
Forced Air · Gas
Cooling
Central Air
Basement
Unfinished
Fireplace
No
Pool
None

Features & Amenities

Interior
Separate Heating ControlsSeparate Hydro MeterWater Heater Owned
Property
ParkPlace Of WorshipRec./Commun.CentreGolfLibrary
Security
Carbon Monoxide DetectorsSmoke Detector
View
City

Financials & Fees

Annual Property Tax
$2,993.18 (2026)

Inclusions & Exclusions

Inclusions

Dishwasher x2

Exclusions

NONE

Location

Map unavailable for this listing
Listing courtesy of:REMAX BOARDWALK REALTY

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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