805 Morphet Avenue Peterborough, Ontario K9J 2X7
$589,000
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. Open House: Saturday, February 7 from 2:00PM - 4:00PM. (id:61852)
Property Details
| MLS® Number | X12704976 |
| Property Type | Single Family |
| Community Name | Otonabee Ward 1 |
| AmenitiesNearBy | Park, Public Transit |
| CommunityFeatures | School Bus |
| EquipmentType | Water Heater - Gas, Water Heater |
| Features | Irregular Lot Size, Sloping, Sump Pump |
| ParkingSpaceTotal | 3 |
| RentalEquipmentType | Water Heater - Gas, Water Heater |
| Structure | Deck, Porch, Shed |
| ViewType | River View, View Of Water |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 7 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 10 |
| BasementDevelopment | Finished |
| BasementFeatures | Walk Out |
| BasementType | N/a (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Aluminum Siding, Vinyl Siding |
| FireplacePresent | Yes |
| FoundationType | Concrete |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Park, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 96 Ft ,8 In |
| SizeFrontage | 50 Ft ,4 In |
| SizeIrregular | 50.4 X 96.7 Ft ; 50.44 X 96.71 X 53.76 X 116.63 |
| SizeTotalText | 50.4 X 96.7 Ft ; 50.44 X 96.71 X 53.76 X 116.63|under 1/2 Acre |
| SurfaceWater | River/stream |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.2 m | 2.74 m | 3.2 m x 2.74 m |
| Second Level | Bedroom | 4.9 m | 3.23 m | 4.9 m x 3.23 m |
| Second Level | Bedroom | 3.1 m | 3.05 m | 3.1 m x 3.05 m |
| Basement | Bedroom | 3.38 m | 3 m | 3.38 m x 3 m |
| Basement | Bedroom | 3.38 m | 3 m | 3.38 m x 3 m |
| Basement | Bedroom | 2.79 m | 2.26 m | 2.79 m x 2.26 m |
| Basement | Kitchen | 3.35 m | 3.3 m | 3.35 m x 3.3 m |
| Basement | Laundry Room | 2.06 m | 1.63 m | 2.06 m x 1.63 m |
| Basement | Utility Room | 3.15 m | 2 m | 3.15 m x 2 m |
| Main Level | Foyer | 1.28 m | 1.27 m | 1.28 m x 1.27 m |
| Main Level | Kitchen | 4.29 m | 2.29 m | 4.29 m x 2.29 m |
| Main Level | Living Room | 3.53 m | 2.54 m | 3.53 m x 2.54 m |
| Main Level | Dining Room | 3.53 m | 2.77 m | 3.53 m x 2.77 m |
| Main Level | Bedroom | 3.56 m | 2.87 m | 3.56 m x 2.87 m |
| Main Level | Bedroom | 3.18 m | 2.77 m | 3.18 m x 2.77 m |
| Main Level | Bedroom | 4.17 m | 3 m | 4.17 m x 3 m |
| Main Level | Bedroom | 3.84 m | 2.54 m | 3.84 m x 2.54 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
Interested?
Contact us for more information
Nick West
Salesperson
8 Sampson Mews Suite 201 The Shops At Don Mills
Toronto, Ontario M3C 0H5
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
January 20 2026 03:53:31
Toronto Real Estate Board
Royal LePage Signature Realty