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For sale · MLS® X13745060

805 Morphet Avenue, Peterborough, ON K9J 2X7

Peterborough, ON K9J 2X7

$695,000Asking price
10 Bedrooms3 Bathrooms— Reported areaDetached Type

About this property

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.

Property facts & features

Property type
Detached
MLS® number
X13745060
Source status
New
Bedrooms
10
Bathrooms
3
Reported interior area
Not provided
Neighbourhood
Not provided
Postal code
K9J 2X7
Parking spaces
3
Garage
None
Lot depth (source units)
96.71
Annual property tax
5220
Basement
Finished with Walk-Out
Laundry
Not provided
Interior features
Sump Pump
Exterior features
Deck, Porch

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Current authorized listing record

New · $695,000

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Location & neighbourhood

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Listing brokerage: ROYAL LEPAGE SIGNATURE REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13745060. Information deemed reliable but not guaranteed.

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