805 MORPHET AVENUE

Peterborough (Otonabee Ward 1), , K9J2X7, Canada

$589,000

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.

Last updated on : Friday 16th of January 2026 05:50:42 PM

ADDRESS

Street : 805 MORPHET AVENUE

City : Peterborough (Otonabee Ward 1)

Country : Canada

Postal Code : K9J2X7

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PROPERTY SUMMARY

Property ID : X12704976

Building Type : House

Property Type : Single Family

Bedrooms : 7 + 3

Bathrooms : 3 + 1

Parking : 3

Parking Type: No Garage

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