45 photos
805 Morphet Avenue, Peterborough, ON K9J 2X7
Otonabee Ward 1 · Peterborough · K9J 2X7
$695,000
About this property
Updated in 2024, this purpose-built multi-bedroom investment property delivers exceptional cashflow with truly hands-off ownership. Featuring 10 bedrooms, 3 bathrooms, and three cookingstations (one full kitchen plus two kitchenettes), the layout is purpose-designed for flexible room-by-room leasing-maximizing rental efficiency and income potential. Positioned directly across from the Trent-Severn Waterway at Lock 19, the property enjoys tranquil water views in asafe, family-friendly neighbourhood within one of Peterborough's strongest rental corridors.Proximity to transit, Lansdowne Street amenities, Fleming College, Trent University, and Seneca Aviation ensures consistent demand from students and working professionals alike. The property offers (3) three surface parking spaces with abundant visitor parking conveniently located across the street. Professionally managed, currently generating $5,900/month with 8 of 10 bedrooms rented (with the potential for an additional $7,000/month), this is a rare turnkey opportunity for investors seeking predictable cash flow, long-term appreciation, and scalable growth. 2025 Operating Costs: Property Taxes: $5,220, Insurance: $4,310, Utilities: $5,868.Vacant possession can be arranged if desired.
Details
- Property type
- Detached · Residential Freehold
- Bedrooms
- 10
- Bathrooms
- 3
- Living area
- 1500-2000 sq ft
- Lot
- 50.44 X 96.71 X 53.76 X 116.63
- Style
- 2-Storey
- Heating
- Forced Air · Gas
- Cooling
- Central Air
- Sewer / septic
- Sewer
- Basement
- Finished with Walk-Out
- Garage
- None
- Parking total
- 3
- Taxes
- $5,220 (2026)
Rooms
| Room | Level | Size | Notes |
|---|---|---|---|
| Foyer | Main | 4' 2" × 4' 2" | |
| Kitchen | Main | 14' 1" × 7' 6" | |
| Living Room | Main | 11' 7" × 8' 4" | |
| Dining Room | Main | 11' 7" × 9' 1" | |
| Bedroom | Main | 11' 8" × 9' 5" | |
| Bedroom | Main | 10' 5" × 9' 1" | |
| Bedroom | Main | 13' 8" × 9' 10" | |
| Bedroom | Main | 12' 7" × 8' 4" | |
| Bedroom | Second | 16' 1" × 10' 7" | |
| Bedroom | Second | 10' 2" × 10' | |
| Bedroom | Second | 10' 6" × 9' | |
| Bedroom | Basement | 11' 1" × 9' 10" | |
| Bedroom | Basement | 11' 1" × 9' 10" | |
| Bedroom | Basement | 9' 2" × 7' 5" | |
| Kitchen | Basement | 11' × 10' 10" | |
| Laundry | Basement | 6' 9" × 5' 4" | |
| Utility Room | Basement | 10' 4" × 6' 7" |
Location
Approximate location, placed by postal code. Postal code data © GeoNames (CC BY 4.0).
Payments on this home
Estimated monthly payment
$3,077
Principal and interest only, using Canadian semi-annual compounding. Taxes, insurance, and CMHC premiums (required under 20% down) are extra. For planning, not a lending commitment.
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. Listing data provided by the originating real estate board via PropTx Amplify Syndication.
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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
Information is deemed reliable but not guaranteed accurate. Room measurements are deemed reliable but not guaranteed.