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    For Sale - 805 Morphet Avenue, Peterborough, Ontario

    Est payment $2,396/mo
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    Time on Jump  70 day

    AI Summary *

    • Updated multi-bedroom investment property designed for efficient room-by-room leasing.
    • Features 10 bedrooms, 3 bathrooms, and 3 cooking stations for flexible living.
    • Enjoy tranquil water views across from the Trent-Severn Waterway.
    • Located near transit, schools, and amenities, ensuring strong rental demand.
    • Currently generating $5,900/month with potential for increased income.




    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.
    Listing IDX12989532
    Address805 Morphet Avenue
    CityPeterborough, Ontario
    Price$499,000
    Bed / Bath10 / 3 Full
    Style2-Storey, Detached
    ConstructionAluminum Siding, Vinyl Siding
    Land Size5403
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Sump PumpOutdoor Features Deck, PorchAmenities Park, Public Transit, River/Stream, School Bus RouteOwnership FreeholdViews Bridge, Park/Greenbelt, River, Trees/Woods, WaterBasement Finished with Walk-OutFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  ROYAL LEPAGE SIGNATURE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    805 Morphet Avenue
    Peterborough , Ontario
    10 3 $499,000
    Get more info