Open House Sun, Sep 13th 11:00 AM - 1:00 PM
Address
390-394 Hyde Street, Prescott, ON
Price
$ 475,000

Your Agent

Sarah Lystiuk

Sales Representative

343-501-3798


Listing provided by Sarah Lystiuk, Sales Representative, REMAX Boardwalk

Property Attributes
  • ID#X13770498
  • TypeSingle Family
  • Listing Status New
  • CityPrescott
  • Area808 - Prescott
  • Neighbourhood808 - Prescott
  • Postal CodeK0E 1T0
  • Style2-Storey
  • Taxes$ 2993
  • Price$ 475,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2000-2500
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

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.

Price History
9/11/2026 Listed $475,000

General Features

Sewer Sewer
Cooling Central Air
Roof Asphalt Shingle
Architectural Style 2-Storey
Pool Features None
Security Features Carbon Monoxide Detectors,Smoke Detector
Construction Materials Aluminum Siding
View City
Heater Type Forced Air
Parking Spaces 2
Property Subtype Semi-Detached
Tax Year 2026
Lot Depth 100.0
PropertyFeatures Park,Place Of Worship,Rec./Commun.Centre,Golf,Library
County Leeds and Grenville
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction North
Garage Y/N Yes
Status New
City Prescott
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 2993.18
Virtual Tour https://mediahill.pixieset.com/390and394hydestreet/
Standard Status Active
Occupancy Type Vacant
Legal Description LT 2 N/S HYDE ST BLK 12 PL 19 PRESCOTT; PRESCOTT

Interior Features

Interior Amenities Separate Heating Controls,Separate Hydro Meter,Water Heater Owned
Basement Unfinished
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 5
Elevator? No
Total Baths 3
Bedrooms 5
Living Area Range 2000-2500

Exterior Features

Waterfront None
Parking Features Private Double,Available
Total Parking 4.0
Garage Type Detached
Foundation Details Stone
Spa No
Waterfront Y/N No
Covered Spaces 2.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in K0E 1T0

Price
AVG $690K
$480K
Taxes
AVG $4,353
$2,993
Visits
AVG 39
1
Data Provided by Inside Real Estate®

Your Agent

Sarah Lystiuk

Sales Representative

343-501-3798


Listing provided by Sarah Lystiuk, Sales Representative, REMAX Boardwalk

Listed By
REMAX BOARDWALK REALTY