For Sale

805 Morphet Avenue, Peterborough, Ontario K9J 2X7

$589,000

805 Morphet Avenue, Peterborough, Ontario K9J 2X7 is For Sale and has a listing price of 589,000. The property is located in the Peterborough . It's been on the website for 2 Days.

  • Detached
    Property Type
  • 10
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: X12704976
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
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 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.

Property Details
  • Bedrooms: 10
  • MLS ID: X12704976
  • Bathrooms: 3
  • Price: $589,000
  • Lot Depth: 96.71
  • Transaction Types: For Sale
  • Ref ID: X12704976
  • View: City View, Lake View, Valley View, View Of Water
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Lansdowne St & Lock St
  • Status: Active
  • Tax Year: 2026
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
01/16/2026 X12704976 $589,000 For Sale - -
08/15/2025 X12346322 $749,000 For Sale -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Peterborough
  • $669,997 Average List Price
    based on 1 year
  • 168 New Listings
    based on 30 days
  • 35 Median Days on Market
    based on 1 year
  • List vs. Selling Price 87.97 % Up
  • Sold (12mo) 505
  • Rented (12mo) 100

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    83.54%
  • Commercial
    6.81%
  • Condo
    9.49%
  • Land for Sale
    0.16%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 3
  • Exterior Vinyl Siding, Aluminum Siding
  • Kitchen 2
  • Fireplace Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $5,220
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 16/01/2026 21:21:22
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