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$499,000
Available - For Sale
Listing ID: X12989532
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. Open House: Saturday April 18th from 1:00PM to 3:00PM.
Price $499,000
Taxes: $5,220
Occupancy by: Tenant
Address: 805 Morphet Avenue , Peterborough, K9J 2X7, Peterborough
Acreage: < .50
Directions/Cross Streets: Lansdowne St & Lock St
Rooms: 11
Rooms +: 9
Bedrooms: 7
Bedrooms +: 3
Washrooms: 3
Family Room: F
Basement: Finished wit
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Foyer 4.20 4.17
Room 2: Main Kitchen 14.07 7.51
Room 3: Main Living Ro 11.58 8.33
Room 4: Main Dining Ro 11.58 9.09
Room 5: Main Bedroom 11.68 9.41
Room 6: Main Bedroom 10.43 9.09
Room 7: Main Bedroom 13.68 9.84
Room 8: Main Bedroom 12.60 8.33
Room 9: Second Bedroom 16.07 10.59
Room 10: Second Bedroom 10.17 10.00
Room 11: Second Bedroom 10.50 8.99
Room 12: Basement Bedroom 11.09 9.84
Room 13: Basement Bedroom 11.09 9.84
Room 14: Basement Bedroom 9.15 7.41
Room 15: Basement Kitchen 10.99 10.82
No. of Pieces Level
Washroom 1:  2 Main
Washroom 2:  3 Second
Washroom 3:  3 Basement
Washroom 4:  0
Washroom 5:  0
Washroom 6:  2 Main
Washroom 7:  3 Second
Washroom 8:  3 Basement
Washroom 9:  0
Washroom 10:  0
Washroom 11:  2 Main
Washroom 12:  3 Second
Washroom 13:  3 Basement
Washroom 14:  0
Washroom 15:  0
Property Type: Detached
Style: 2-Storey
Exterior: Aluminum Siding
Vinyl Siding
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 3
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Other Structures: Garden Shed
Approximatly Square Footage: 1500-2000
Property Features: Park
Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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ROYAL LEPAGE SIGNATURE REALTY

805 Morphet Avenue , Peterborough, K9J 2X7, Peterborough

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Bob & Maria Thompson
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416-548-7854
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416-981-7184

 
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Type: Freehold - Detached
Area: Peterborough
Municipality: Peterborough
Neighbourhood: Otonabee Ward 1
Style: 2-Storey
Lot Size: x 96.71(Feet)
Approximate Age:
Tax: $5,220
Maintenance Fee: $0
Beds: 7+3
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Bob & Maria Thompson
Your Company Name , Brokerage
Independently owned and operated.
416-548-7854 sales@bestforagents.com
Office Address 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
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