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For Sale

805 MORPHET AVENUE

Peterborough (Otonabee Ward 1), Ontario K9J2X7

$695,000

10 Beds · 3 Baths · 3 Parking · Single Family

Updated 2026-09-04 18:38:29+00

Status

For Sale

Bedrooms

10

Bathrooms

3

Interior Size

1500 - 2000 sqft

Parking

3

MLS®

X13745060

Property Overview

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. (id:67197)

Key Facts

Price
$695,000
Property Type
Single Family
Transaction Type
For sale
Bedrooms
10
Bathrooms
3
Parking
3
MLS® Number
X13745060
Interior Size
1500 - 2000 sqft
Ownership Type
Freehold

Location

805 MORPHET AVENUE, Peterborough (Otonabee Ward 1), Ontario K9J2X7

805 MORPHET AVENUE, Peterborough (Otonabee Ward 1), Ontario K9J2X7

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Rooms

RoomLevelDimensions
BedroomSecond level3.2 m x 2.74 m
BedroomSecond level4.9 m x 3.23 m
BedroomSecond level3.1 m x 3.05 m
BedroomBasement3.38 m x 3 m
BedroomBasement3.38 m x 3 m
BedroomBasement2.79 m x 2.26 m
KitchenBasement3.35 m x 3.3 m
Laundry roomBasement2.06 m x 1.63 m
Utility roomBasement3.15 m x 2 m
FoyerMain level1.28 m x 1.27 m
KitchenMain level4.29 m x 2.29 m
Living roomMain level3.53 m x 2.54 m
Dining roomMain level3.53 m x 2.77 m
BedroomMain level3.56 m x 2.87 m
BedroomMain level3.18 m x 2.77 m
BedroomMain level4.17 m x 3 m
BedroomMain level3.84 m x 2.54 m

Building Details

Building Type
House
Construction Style
Detached
Bedrooms Above Grade
7
Bedrooms Below Grade
3
Bathrooms
3
Basement
N/A (Finished)
Basement Development
Finished
Cooling
Central air conditioning
Exterior Finish
Aluminum siding, Vinyl siding
Fireplace
Yes
Foundation
Concrete
Heating Fuel
Natural gas
Heating
Forced air
Interior Size
1500 - 2000 sqft
Stories
2
Water
Municipal water

Land Details

Size Frontage
50 ft ,4 in
Size Depth
96 ft ,8 in
Acreage
No
Sewer
Sanitary sewer
Amenities Nearby
Park, Public Transit

Property Features

  • Irregular lot size
  • Sloping
  • Sump Pump
  • Park
  • Public Transit
  • Water Heater
  • Deck
  • Porch
  • Shed

Ownership Information

Ownership Type
Freehold

Parking & Utilities

Utilities

  • Cable - Available
  • Electricity - Installed
  • Sewer - Installed

Agent / Brokerage Contact

Listing Representation

ROYAL LEPAGE SIGNATURE REALTY

View REALTOR.ca source

Listing Agent

  • NICK WEST

    Salesperson

Listing Office

  • ROYAL LEPAGE SIGNATURE REALTY

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