7 Beds 3 Bath

805 Morphet Avenue, Peterborough, ON K9J 2X7

Peterborough K9J 2X7 Ontario

MLS: X12704976

$589,000

Added 3 hours ago | For Sale

Listed by: ROYAL LEPAGE SIGNATURE REALTY

About Property

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.

Features

  • House Style:Detached
  • Bathrooms:3
  • Land Size: 50.44 X 96.71
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Lansdowne St & Lock St
  • Basement:Finished with Walk-Out , Finished with Walk-Out
  • Possession Date:
  • Annual Property taxes: $5220
  • Bedrooms:7 +3
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12704976

Level Type Features Dimensions
Main Foyer 4 ft, 2 in x 4 ft, 2 in
Kitchen 14 ft, 1 in x 7 ft, 6 in
Living Room 11 ft, 7 in x 8 ft, 4 in
Dining Room 11 ft, 7 in x 9 ft, 1 in
Bedroom 11 ft, 8 in x 9 ft, 5 in
Bedroom 10 ft, 5 in x 9 ft, 1 in
Bedroom 13 ft, 8 in x 9 ft, 10 in
Bedroom 12 ft, 7 in x 8 ft, 4 in
Second Bedroom 16 ft, 1 in x 10 ft, 7 in
Bedroom 10 ft, 2 in x 10 ft
Bedroom 10 ft, 6 in x 9 ft
Basement Bedroom 11 ft, 1 in x 9 ft, 10 in
Bedroom 11 ft, 1 in x 9 ft, 10 in
Bedroom 9 ft, 2 in x 7 ft, 5 in
Kitchen 11 ft x 10 ft, 10 in
Laundry 6 ft, 9 in x 5 ft, 4 in
Utility Room 10 ft, 4 in x 6 ft, 7 in

No property rooms available.

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