$589,000
4.85 BTC
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805 Morphet Avenue, Peterborough
$589,000
PRICE
7 + 3
BEDROOMS
3
BATHROOMS
X12704976
MLSID

805 Morphet Avenue, Peterborough

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.
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Sold History

SOLD
23 November 2023
$590,000

Summary

Address
805 Morphet Avenue
MLSID
X12704976
Property Type
Detached
Property Category
Bedrooms
7 + 3
Bathrooms
3
Kitchens
1 + 1
Taxes (Annual)
$5,220.00
Tax Year
2026
Published
January 16, 2026
Days on Market
9 Days
Possession Type
Flexible
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Details

Property Features
Park, Public Transit, River/Stream, School Bus Route
Bathroom 1
2-Piece Main Level
Bathroom 2
3-Piece Second Level
Bathroom 3
3-Piece Basement Level
Basement
Finished with Walk-Out
Exterior Features
Deck, Porch
Interior Features
Sump Pump
Parking Spaces
3
Parking Total
3
Parking Features
Available
Architectural Style
2-Storey
Roof
Shingles
Construction Materials
Aluminum Siding, Vinyl Siding
Lot Size
5,403 SquareFeet
Lot Width
50 Feet
Lot Depth
97 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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