805 Morphet Avenue
Peterborough
$589,000
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Home Details
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Listing Description
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.
City: Peterborough
Mortgage Calculator
Your estimated monthly payment for 805 Morphet Avenue is 3,339
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $589,000 |
| Down Payment | $117,800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $471,200 |
Monthly Payment
| Mortgage Payment | $2,904 |
| Property Taxes | $435 |
| Maintenance Fees | $0 |
| Monthly Payment | $3,339 |
About 805 Morphet Avenue, Peterborough
Located at 805 Morphet Avenue , this Peterborough house is available for sale. This property was listed for $589,000 on Thu Feb 12 2026. It has 10 bedrooms and 3 bathrooms. The property's amenities include Park, Public Transit, River/Stream, School Bus Route. The property includes the following rooms: . This property comes with 3 parking spots.
MLS#: undefined · $589,000 · 10 bedroom house in Peterborough