805 Morphet Avenue
Peterborough, ON
- 10 bed
- 3 bath
- approx. 1500-2000 sqft
- Detached
- 142 days on market
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.
Listing Details
- Taxes (2026)
- $5,220
- Listed
- April 12, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Aluminum Siding, Vinyl Siding
- Roof
- Shingles
- Foundation
- Concrete
- Interior
- Sump Pump
- Lot Size
- 50.44 x 96.71 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Lansdowne St & Lock St
- Zoning
- R1
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Rental Items
- Hot Water Tank $28.87/month
Schools
Elementary
- Otonabee Valley Public School0.8 km
Public · Kawartha Pine Ridge DSB · 245 students
Grade 3 reading: 59% met the provincial standard · Grade 6 math: 25% met the provincial standard
- ÉÉC Monseigneur-Jamot1 km
French Catholic · CS catholique MonAvenir · 245 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 48% met the provincial standard
- St. John Catholic Elementary School1.1 km
Catholic · Peterborough Victoria Northum Clarington CDSB · 270 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 29% met the provincial standard
Secondary
- Kenner Collegiate and Vocational Institute1.9 km
Public · Kawartha Pine Ridge DSB · 525 students
Grade 10 literacy: 68% met the provincial standard
- Peterborough Collegiate and Vocational School2.4 km
Public · Kawartha Pine Ridge DSB · 385 students
- St. Peter Catholic Secondary School3.5 km
Catholic · Peterborough Victoria Northum Clarington CDSB · 1035 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K9J
- Population
- 44,547
- Private dwellings
- 19,998
- Median age
- 44
- Average household size
- 2.3
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Peterborough · last 12 months
- Median sold price
- $558,000
- Homes sold
- 1,057
- Median days on market
- 24
- Sale-to-list price
- 97.2%
Based on 1,057 recorded sales of residential freehold properties in Peterborough over the last 12 months.
Rooms
2-piece on Main, 3-piece on Second, 3-piece on Basement
Second
- Bedroom10'6" x 9'
- Bedroom10'2" x 10'
- Bedroom16'1" x 10'7"
Main
- Bedroom10'5" x 9'1"
- Bedroom11'8" x 9'5"
- Bedroom13'8" x 9'10"
- Bedroom12'7" x 8'4"
- Dining Room11'7" x 9'1"
- Foyer4'2" x 4'2"
- Kitchen14'1" x 7'6"
- Living Room11'7" x 8'4"
Basement
- Bedroom11'1" x 9'10"
- Bedroom9'2" x 7'5"
- Bedroom11'1" x 9'10"
- Kitchen11' x 10'10"
- Laundry6'9" x 5'4"
- Utility Room10'4" x 6'7"
Listed by
ROYAL LEPAGE SIGNATURE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$99,800
Estimated Monthly Payment
$2,451
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,451/mo (20% down, 5.5%)
Taxes: $435/mo · Insurance: $125/mo
Estimates only. Consult a financial advisor.
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