For Sale: 805 Morphet Avenue, Peterborough, ON - REW
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$499,000
7 + 3 bd • 3 ba • 1500 - 2000 sf • House
805 Morphet Avenue
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$499,000
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805 Morphet AvenuePeterborough, ON, K9J 2X7

Otonabee
  • 7 + 3 Bed
  • 3 Bath
  • 1500 - 2000 Sqft
  • House

About this home

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.
Listed by: Nick West, Salesperson, ROYAL LEPAGE SIGNATURE REALTY

Home facts and features

Price details
List Price
$499,000
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Gross Taxes for 2026
$5,220
Home facts
Bedrooms
7 + 3
Full Bathrooms
3
Parking Spaces
3
Parking Details
Available
Property Type
House
Lot Size
50 ft x 96 ft (4878 ft²)
Depth
96.71
Frontage
50.44
Exterior Finish
Aluminum Siding, Vinyl Siding
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Finished with Walk-Out
Features
Deck, Park, Porch, Public Transit, River/Stream, School Bus Route
Community
Agent details
Primary Agent
Nick West
Primary Broker
ROYAL LEPAGE SIGNATURE REALTY
Listing details
Days on REW
56 Days
Property Views
28
MLS® Number
X12989532
Source
Toronto Real Estate Board
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Property Insights

Otonabee Valley Public School
  • Public
  • JK - 6
ÉÉC Monseigneur-Jamot
  • Catholic
  • JK - 8
St. John Catholic Elementary School
  • Catholic
  • JK - 8
St. Patrick Catholic Elementary School
  • Catholic
  • JK - 8
Immaculate Conception Catholic Elementary School
  • Catholic
  • JK - 8
Monsignor O'Donoghue Catholic Elementary School
  • Catholic
  • JK - 8
Kenner Collegiate
  • Public
  • 7 - 12
King George Public School
  • Public
  • JK - 6
Prince of Wales School
  • Public
  • JK - 8
Children's Montessori School, The
  • Private
  • Pre-K - 7
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-06.
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Salesperson
Nick West
Phone:
416-443-0300
Office:
416-443-0300
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