Type: Detached
Style: 2-Storey
Size: Sq Ft
Age: 2026 Years
Taxes: $ 5,220 ( 2026)
Updated: 2026-02-05 18:37:24
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.
Detached
Status: For Sale
MLS #: X12704976
Price: $ 589,000
Address: 805 Morphet Avenue
Type: Detached
Style: 2-Storey
Size: Sq Ft
Age: 2026 Years
Front On:
Taxes: $ 5,220
Tax Year: 2026
Lot Size:
Neighbourhood: Otonabee Ward 1
Nearest Intersection: Lansdowne St & Lock St
City: Peterborough
Postal Code: K9J 2X7
DOM: 11 Minutes
Last Update: 2026-02-05 18:37:24
Bedrooms: 10
Bathrooms: 3
Rooms: 0
Kitchens: 2
Family Room:
Fireplace:
Basement: Finished with Walk-Out,
Central Vacuum:
Exterior: Aluminum Siding Vinyl Siding,
Driveway:
Garage: Available
Garage Spaces:
Parking Spaces: 3.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Water:
Sewers: