805 Morphet Avenue, Peterborough, ON K9J 2X7
Peterborough, ON, K9J 2X7 · Otonabee Ward 1
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 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, currently generating $5,900/month with 8 of 10 bedrooms rented (with the potential for an additional $1,000+/month), this is a rare turnkey opportunity for investors seeking predictable cash flow, long-term appreciation, and scalable growth. 2025 Operating Costs: Property Taxes: $4,318, Insurance: $4,310, Utilities: $5,868. Vacant possession can be arranged if desired.
Features & Amenities
- Basement: Finished with Walk-Out
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Aluminum Siding, Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 10 |
| Bathrooms | 3 |
| Lot Size | 5,403 Feet |
| Basement | Finished with Walk-Out |
| Garage | None |
| Parking Spaces | 3 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $5,220 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Sump Pump
- Fireplace
- Yes
Exterior Features
- Exterior Features
- Deck, Porch
- Other Structures
- Garden Shed
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Aluminum Siding, Vinyl Siding
- Foundation Details
- Concrete
- Roof
- Shingles
- Basement
- Finished with Walk-Out
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 3
- Parking Total
- 3.00
- Parking Features
- Available
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 5403.00
- Lot Size Units
- Feet
- Lot Depth
- 96.71
- Lot Width
- 50.44
- Lot Irregularities
- 50.44 X 96.71 X 53.76 X 116.63
Community & Neighborhood
- Property Features
- Park, Public Transit, River/Stream, School Bus Route
Financial & Tax
- Tax Annual Amount
- $5,220
- Tax Year
- 2026
- Possession Type
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 11
- Rooms Below Grade
- 9
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 7
- Bedrooms Below Grade
- 3
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Peterborough
- Cross Street
- Lansdowne St & Lock St
- Directions
- Lansdowne St & Lock St
- Special Designation
- Unknown
- Showing Requirements
- List Salesperson
Location
805 Morphet Avenue, Peterborough, ON K9J 2X7, Peterborough, ON, K9J 2X7