805 Morphet Avenue

ActivePeterborough · Otonabee Ward 1115 days on marketMLS® X12989532

$499,000

$333 / sq ft

Bedrooms10

Bathrooms3

Interior1,500 sq ft

Lot Size5,403 sq ft

TypeSingle Family Home

ListingFor Sale

Days on Market115

About this property

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.

Features & finishes

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	X12989532
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	1,500 sq ft
Lot Size	5,403 sq ft
Beds / Baths	10 bed · 3 bath
Neighbourhood	Otonabee Ward 1
City	Peterborough
Postal Code	K9J 2X7
Province	ON
Listed Date	April 13, 2026
Days on Market	115
Price per Sq Ft	$333
Brokerage	ROYAL LEPAGE SIGNATURE REALTY