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$589,000
Ontario,Peterborough (Otonabee Ward 1)
For Sale Active
805 MORPHET AVENUE, Peterborough (Otonabee Ward 1), Ontario K9J2X7
  • 10
  • 3
  • 1500 - 2000Square Feet
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Basic Details
Description

Updated in 2025, this purpose-built multi-bedroom investment property delivers exceptional cash flow with truly hands-off ownership. Featuring 10 bedrooms, 3 bathrooms, and three cooking stations (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 a safe, 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 and projected to generate $85,800 in gross annual income, 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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12704976
  • Price: $589,000
  • Bedrooms: 10
  • Bathrooms: 3
  • Half Bathrooms: 1
  • View: River view,View of water
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Office Name: ROYAL LEPAGE SIGNATURE REALTY
  • Property Sub Type: Single Family
  • Office Key: 51317
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, N/A, Walk out
  • Parking: No Garage
  • Exterior Features: Vinyl siding, Aluminum siding
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Peterborough (Otonabee Ward 1), K9J2X7
  • Street: Morphet
  • Street Number: 805
  • Street Suffix: Avenue
  • Longitude: W79° 41' 29.7''
  • Latitude: N44° 17' 22''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 50.4 x 96.7 FT ; 50.44 X 96.71 X 53.76 X 116.63
  • Stories: 2.0
Financial
  • Tax Annual Amount: 5220
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Listing updated: 2026-02-11 12:56:18
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Listing Information
  • List Agent Key: 2072466
  • List Office Key: 51317
  • Modification Timestamp: 2026-02-06T22:40:57Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-02-06T22:22:33Z
Powered by REALTOR.ca
Listing updated: 2026-02-11 12:56:19
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