805 Morphet Avenue Peterborough (Otonabee Ward 1), Ontario K9J 2X7
$589,000
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 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: $4,318,Insurance: $4,310, Utilities: $5,868.Open House: Saturday, February 7 from 2:00PM - 4:00PM. (id:61423)
Property Details
| MLS® Number | X12704976 |
| Property Type | Single Family |
| Community Name | Otonabee Ward 1 |
| Amenities Near By | Park, Public Transit |
| Community Features | School Bus |
| Equipment Type | Water Heater - Gas, Water Heater |
| Features | Irregular Lot Size, Sloping, Sump Pump |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater - Gas, Water Heater |
| Structure | Deck, Porch, Shed |
| View Type | River View, View Of Water |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 7 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 10 |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | N/a (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Vinyl Siding |
| Fireplace Present | Yes |
| Foundation Type | Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1500 - 2000 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Park, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 96 Ft ,8 In |
| Size Frontage | 50 Ft ,4 In |
| Size Irregular | 50.4 X 96.7 Ft ; 50.44 X 96.71 X 53.76 X 116.63 |
| Size Total Text | 50.4 X 96.7 Ft ; 50.44 X 96.71 X 53.76 X 116.63|under 1/2 Acre |
| Surface Water | 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
Roger Currier
Cell: 705-927-2774
Office: 705-743-7355 Ext.222
Email Roger
Office Address
999 Lansdowne Street W, Unit 2,
Peterborough, Ontario, K9J 8N2
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January 16 2026 10:41:01
Toronto Real Estate Board
Royal LePage Signature Realty
