805 Morphet Avenue
Otonabee Ward 1, Peterborough, K9J 2X7
For Sale
5.44 BTC

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7 + 3
BEDROOMS3
BATHROOMS1 + 1
KITCHENS11 + 9
ROOMSX12704976
MLSIDContact Us
Property Description
Updated in 2025, this purpose-built multi-bedroom investment property delivers exceptional cash flow 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 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: $5,220 ,Insurance: $4,310, Utilities: $5,868.
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Property Features
Park, Public Transit, River/Stream, School Bus Route, Sump Pump, Available
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Property Details
Property Type
Detached
Lot Size
50' x 97'
Acreage
5,403.0 Feet
Taxes
$5,220 (2026)
Basement
Finished with Walk-Out
Exterior
Deck, Porch
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Royal Lepage Signature Realty
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