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

805 MORPHET AVENUE
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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.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

BasementFinished, Walk out, N/A
Bathrooms Partial1
Bathrooms Total3
Bedrooms Total10
CoolingCentral air conditioning
FireplaceTrue
HeatingForced air, Natural gas

Building & Exterior

Exterior FeaturesAluminum siding, Vinyl siding
Foundation DetailsConcrete
Parking FeaturesNo Garage
Stories2.0

Land & Location

City RegionOtonabee Ward 1
Community FeaturesSchool Bus
Frontage Length50.4 feet
Lot FeaturesIrregular lot size, Sloping, Sump Pump
Lot Size Dimensions50.4 x 96.7 FT ; 50.44 X 96.71 X 53.76 X 116.63
ViewRiver view, View of water

Utilities & Services

UtilitiesSewer, Electricity, Cable

Listing & Financials

Listing OfficeROYAL LEPAGE SIGNATURE REALTY
Originating System NameToronto Regional Real Estate Board

Other Specifications

Common InterestFreehold
CountryCanada
Parking Total3

For Sale

$589,000

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

Beds

10

Baths

3

Living Area

-

Lot Size

-

Property Type

House

Year Built

-

Listing IDX12704976

Location & Map

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