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:42482)
| MLS® Number | X13770498 |
| Property Type | Single Family |
| Community Name | 808 - Prescott |
| AmenitiesNearby | Park, Place Of Worship, Golf Nearby |
| CommunityFeatures | Community Centre |
| ParkingSpaceTotal | 4 |
| ViewType | City View |
| BathroomTotal | 3 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Age | 100+ Years |
| Amenities | Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Heater, Dishwasher |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| ConstructionStyleAttachment | Semi-detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Aluminum Siding |
| FireProtection | Smoke Detectors |
| FoundationType | Stone |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2,000 - 2,500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| LandAmenities | Park, Place Of Worship, Golf Nearby |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 45 Ft |
| SizeIrregular | 45 X 100 Ft |
| SizeTotalText | 45 X 100 Ft |
| ZoningDescription | Residential (r3) |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 4.04 m | 3.31 m | 4.04 m x 3.31 m |
| Second Level | Office | 3.69 m | 2.49 m | 3.69 m x 2.49 m |
| Second Level | Bedroom | 3.2 m | 3.73 m | 3.2 m x 3.73 m |
| Second Level | Other | 1.74 m | 0.83 m | 1.74 m x 0.83 m |
| Second Level | Bathroom | 2.37 m | 2.07 m | 2.37 m x 2.07 m |
| Second Level | Primary Bedroom | 3.23 m | 3.69 m | 3.23 m x 3.69 m |
| Second Level | Bedroom | 3.75 m | 2.48 m | 3.75 m x 2.48 m |
| Second Level | Bedroom | 3.92 m | 3.26 m | 3.92 m x 3.26 m |
| Second Level | Bathroom | 2.45 m | 2.05 m | 2.45 m x 2.05 m |
| Main Level | Kitchen | 3.96 m | 3.26 m | 3.96 m x 3.26 m |
| Main Level | Dining Room | 3.5 m | 4.63 m | 3.5 m x 4.63 m |
| Main Level | Dining Room | 3.39 m | 4.66 m | 3.39 m x 4.66 m |
| Main Level | Kitchen | 4.12 m | 5.04 m | 4.12 m x 5.04 m |
| Main Level | Bathroom | 3.29 m | 2.38 m | 3.29 m x 2.38 m |
| Main Level | Other | 2.27 m | 4.62 m | 2.27 m x 4.62 m |
| Main Level | Living Room | 3.47 m | 4.63 m | 3.47 m x 4.63 m |
| Main Level | Foyer | 2.15 m | 2.26 m | 2.15 m x 2.26 m |
| Main Level | Other | 2.21 m | 2.15 m | 2.21 m x 2.15 m |
| Main Level | Living Room | 3.5 m | 4.66 m | 3.5 m x 4.66 m |
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
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