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805 MORPHET AVENUE, Peterborough (Otonabee Ward 1)
2026-04-13
Quick Summary
- Location
- 805 MORPHET AVENUE, Peterborough (Otonabee Ward 1), Ontario K9J2X7
- Price
- $499,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1500 - 2000 sqft
- Bedrooms:
- 7 bed +3
- Bathrooms:
- 3
- Garages:
- 3
MLS®#X12989532
Property Description
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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Public Transit
Building
- Basement Development: Finished
- Basement Features: Walk out
- Basement Type: N/A (Finished)
- Construction Style: Detached
- Cooling Type: Central air conditioning
- Exterior Finish: Aluminum siding, Vinyl siding
- Fireplace: Yes
- Interior Size: 1500 - 2000 sqft
- Building Type: House
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Irregular lot size, Sloping, Sump Pump
Land
- Land Size: 50.4 x 96.7 FT ; 50.44 X 96.71 X 53.76 X 116.63|under 1/2 acre
- Sewer: Sanitary sewer
Ownership
- Type: Freehold
Structure
- Structure: Deck, Porch, Shed
Zoning
- Description: R1
Information entered by ROYAL LEPAGE SIGNATURE REALTY
Listing information last updated on: 2026-04-19 16:14:19
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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