805 Morphet Avenue,Peterborough, ON K9J 2X7
Peterborough, ON K9J 2X7
Description
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
| MLS # | X13745060 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 58 |
| Listing Provided By | ROYAL LEPAGE SIGNATURE REALTY | X13745060 572000 |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.11 |
| Property View | Bridge, Park, Greenbelt, River, Tree |
Interior
| Interior Features | Sump Pump |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | Yes |
Exterior
| Exterior Features | Deck, Porch |
|---|---|
| Roof | Shingles |
| Foundation Details | Concrete |
| Topography | Sloping |
| View | Bridge, Park/Greenbelt, River, Trees/Woods, Water |
| Construction Materials | Aluminum Siding, Vinyl Siding |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Available |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 5220 |
|---|---|
| Tax Legal Description | LT 12 PL 179 PETERBOROUGH; PETERBOROUGH |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Peterborough |
| City | Peterborough |
| Postal Code | K9J 2X7 |
| Area | Otonabee Ward 1 |
| Listing VS Median (in K9J 2X7) | |
Price: $695,000 low | high Med: $0 On site: 58 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Peterborough |
| City | Peterborough |
| Postal Code | K9J 2X7 |
| Area | Otonabee Ward 1 |
| Listing VS Median (in K9J 2X7) | |
Price: $695,000 low | high Med: $0 On site: 58 low | high Med: | |
