390-394 HYDE STREET, Prescott

$475,000

For sale: Semi-Detached/Link

Semi-Detached/Link at 390-394 HYDE STREET, Prescott
Property type
Semi-Detached
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13770498
Neighbourhood
808 - Prescott

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.

Sold data

Homes in Prescott — recent sold market

Homes in Prescott took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 48, across 56 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.

The median sale price was $399,900.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$399,900
Sale-to-list ratio
96.4%
Sold above asking
14%

Based on 56 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Prescott

Prescott has 4 Fraser Institute–rated schools (3 elementary and 1 secondary), averaging 3.8/10.

Rated schools
4
Elementary
3
Secondary
1
Average rating
3.8 / 10

Top-rated schools in Prescott

  • MaynardelementaryFraser rating 5.4/10
  • South GrenvillesecondaryFraser rating 4.5/10
  • St MarkelementaryFraser rating 3.0/10
  • WellingtonelementaryFraser rating 2.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 390-394 HYDE STREET