805 Morphet Avenue, Peterborough, ON
Description
Property Highlights
Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Otonabee Ward 1. Expertly crafted featuring premium aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 10 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 50.44 x 96.71 ft lot
- Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Sump Pump
- equipped with ["central air"] central cooling and highly efficient forced air heating via gas
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.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Public Transit, River/Stream, School Bus Route
Interior Features
Sump Pump
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 805 Morphet Avenue, Peterborough, ON K9J 2X7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Estimated Costs
Nearby School Rankings
No schools found within 3 km of this property.
Nearby Listings
No current listings found in Peterborough.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Otonabee Ward 1, Peterborough.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.