$499,000
Available - For Sale
Listing ID: X12989532
805 Morphet Avenue , Peterborough, K9J 2X7, Peterborough
| 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. Open House: Saturday April 18th from 1:00PM to 3:00PM. |
| Price | $499,000 |
| Taxes: | $5220.00 |
| Occupancy: | Tenant |
| Address: | 805 Morphet Avenue , Peterborough, K9J 2X7, Peterborough |
| Acreage: | < .50 |
| Directions/Cross Streets: | Lansdowne St & Lock St |
| Rooms: | 11 |
| Rooms +: | 9 |
| Bedrooms: | 7 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Finished wit |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Foyer | 4.2 | 4.17 | |
| Room 2 | Main | Kitchen | 14.07 | 7.51 | |
| Room 3 | Main | Living Ro | 11.58 | 8.33 | |
| Room 4 | Main | Dining Ro | 11.58 | 9.09 | |
| Room 5 | Main | Bedroom | 11.68 | 9.41 | |
| Room 6 | Main | Bedroom | 10.43 | 9.09 | |
| Room 7 | Main | Bedroom | 13.68 | 9.84 | |
| Room 8 | Main | Bedroom | 12.6 | 8.33 | |
| Room 9 | Second | Bedroom | 16.07 | 10.59 | |
| Room 10 | Second | Bedroom | 10.17 | 10 | |
| Room 11 | Second | Bedroom | 10.5 | 8.99 | |
| Room 12 | Basement | Bedroom | 11.09 | 9.84 | |
| Room 13 | Basement | Bedroom | 11.09 | 9.84 | |
| Room 14 | Basement | Bedroom | 9.15 | 7.41 | |
| Room 15 | Basement | Kitchen | 10.99 | 10.82 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 2 | Main |
| Washroom Type 7 | 3 | Second |
| Washroom Type 8 | 3 | Basement |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 2 | Main |
| Washroom Type 12 | 3 | Second |
| Washroom Type 13 | 3 | Basement |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 2-Storey |
| Exterior: | Aluminum Siding, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Available |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Available |
| Park #2 | |
| Parking Type: | Available |
| Pool: | None |
| Other Structures: | Garden Shed |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Park, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Peterborough |
| Municipality: | Peterborough |
| Neighbourhood: | Otonabee Ward 1 |
| Style: | 2-Storey |
| Tax: | $5,220 |
| Beds: | 7+3 |
| Baths: | 3 |
| Fireplace: | Y |
| Pool: | None |
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