$565,000
394 QUEEN STREET N
Beds
4
Baths
3
Sqft
—
Year
—
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for West Grey. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Opportunity meets lifestyle in the heart of Durham. This beautifully updated home offers the flexibility today's buyers are looking for, featuring a freshly renovated in-law suite or separate apartment perfect for extended family, guests, or rental income to help offset the mortgage. Inside, the bright and functional layout offers multiple bedrooms and thoughtful updates throughout, creating a space that feels both comfortable and move-in ready. Whether you're a first-time buyer looking for a smarter way into the market, a family needing room to grow, or an investor seeking built-in income potential, this property delivers. Set in a welcoming small-town community close to everyday amenities, it's a home that doesn't just meet your needs-it helps unlock new possibilities. Viewings now available by appointment. (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Structure
- House
- Community
- West Grey
- Common interest
- Freehold
- Lot dimensions
- 80 x 137 FT
- Bedrooms
- 3 above grade, 1 below grade
- Parking
- 4 total
- Stories
- 1
- On market
- Mar 6, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $3,079.83
- Zoning
- R1B
- Photos
- 45
- MLS#
- X12853650
- Area
- WEST_GREY
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Utilities
Cash on cash
-6.16%
Cap rate
3.63%
GRM
16.2
Break-even rent
$3,511
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.