805 Morphet Avenue, Peterborough (Otonabee Ward 1), Ontario

About 805 Morphet Avenue

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, currently generating $5,900/month with 8 of 10 bedrooms rented (with the potential for an additional $7,000/month), this is a rare turnkey opportunity for investors seeking predictable cash flow, long-term appreciation, and scalable growth. 2025 Operating Costs: Property Taxes: $5,220, Insurance: $4,310, Utilities: $5,868.Vacant possession can be arranged if desired. (id:6289)

More Info on this Otonabee Ward 1 House MLS® listing

805 Morphet Avenue is a house listing for sale in Peterborough (Otonabee Ward 1). The MLS® number is X13745060. It features 10 bedrooms, 3 bathrooms. It's currently listed for $695,000. For more details on MLS® X13745060, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This house listing in Otonabee Ward 1 is available now!

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