805 MORPHET AVENUE
Peterborough (Otonabee Ward 1), Ontario
MLS® X13745060
$695,000
- Status
- Active
- Property type
- House
- MLS® number
- X13745060
- Bedrooms
- 10
- Bathrooms
- 3
- Year built
- —
1 / 45Listing 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 cookingstations (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 asafe, 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 $7,000/month), this is a rare turnkey opportunity for investors seeking predictable cash flow, long-term appreciation, and scalable growth.
2025 Operating Costs: Property Taxes: $5,220, Insurance: $4,310, Utilities: $5,868. Vacant possession can be arranged if desired.
Property summary
- MLS® number
- X13745060
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 50.4 x 96.7 FT ; 50.44 X 96.71 X 53.76 X 116.63
- Annual property taxes
- $5,220.00
- Parking
- 3 spaces · No Garage
- Days on market
- 0 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Walk out, N/A
- Exterior features
- Aluminum siding, Vinyl siding
- Lot features
- Irregular lot size, Sloping, Sump Pump
- Community features
- School Bus
- View
- River view, View of water
What would this home cost you?
Based on the $695,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.