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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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805 Morphet Avenue, Peterborough, ON K9J 2X7

Detached Home For Sale | X12989532Sale

Listing ID: X12989532
$499,000
10 Bedrooms
3 Bathrooms
Listing ID #X12989532
Property Description

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.

Basic Details
Listing ID : X12989532
Listing Type : Sale
Price : $499,000
View : Bridge, Park/Greenbelt, River, Trees/Woods, Water
Bathrooms : 3
Status : Active
Property Sub Type : Detached
Roof : Shingles
Map
Address Map
805
Morphet
US
ON
Peterborough
Peterborough
K9J 2X7
Avenue
West
Lansdowne St & Lock St
R1
Property Area
Otonabee Ward 1
Features
: Central Air
: None
: Finished with Walk-Out
: Available
: 2-Storey
: Deck, Porch
: Sump Pump
: Sewer
Rooms
10
Additional Information
: Vinyl Siding, Aluminum Siding
: Concrete
Financial
5220.0
Listing Information
New
2026-04-19T15:21:50Z
TRREB

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