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Home ON Greater Peterborough Peterborough County Peterborough Kenner
805 MORPHET AVENUE
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805 MORPHET AVENUE $589,000
8 hours ago
$589,000
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805 MORPHET AVENUE
Peterborough (Otonabee Ward 1), Ontario K9J2X7

MLS® Number: X12704976
7 + 3
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing 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 and projected to generate $85,800 in gross annual income, 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.Open House: Saturday, February 7 from 2:00PM - 4:00PM. (41966366)

Location Description

Lansdowne St & Lock St

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
1500 - 2000 sqft
Community Name
Otonabee Ward 1
Title
Freehold
Land Size
50.4 x 96.7 FT ; 50.44 X 96.71 X 53.76 X 116.63|under 1/2 acre
Annual Property Taxes
$5,220
Parking Type
No Garage
Time on REALTOR.ca
8 hours

Building

Bedrooms
Above Grade
7
Below Grade
3
Bathrooms
Total
3
Partial
1
Interior Features
Basement Features
Walk out
Basement Type
Finished
Building Features
Features
Irregular lot size, Sloping, Sump Pump
Foundation Type
Concrete
Style
Detached
Rental Equipment
Water Heater - Gas, Water Heater
Structures
Deck, Porch, Shed
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Available), Electricity (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Vinyl siding
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Park, Public Transit
Parking
Parking Type
No Garage
Total Parking Spaces
3

Measurements

Square Footage
1500 - 2000 sqft

Rooms

MetricImperial
Main level
Foyer
Kitchen
Living room
Dining room
Bedroom
Bedroom
Bedroom
Bedroom
Second level
Bedroom
Bedroom
Bedroom
Basement
Bedroom
Bedroom
Bedroom
Kitchen
Laundry room
Utility room

Land

Lot Features
Frontage
50 ft ,4 in
Land Depth
96 ft ,8 in
View
River view, View of water
Waterfront Features
Surface Water
River/Stream
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