805 Morphet Avenue, Peterborough, ON K9J 2X7
Otonabee Ward 1, Peterborough · Near Lansdowne St & Lock St · View map
About this home
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.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 7
- Basement bedrooms
- 3
- Bathrooms
- 3
- Kitchens
- 2
- Rooms
- 11
- Basement
- Finished with Walk-Out
- Lot size
- 50.4 x 96.7 ft
- Faces
- West
- View
- Bridge, Park/Greenbelt, River, Trees/Woods, Water
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding, Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
- Parking features
- Available
Taxes & other
- Property taxes
- $5,220/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Lansdowne St & Lock St
- Neighbourhood
- Otonabee Ward 1
More
- Price per sq ft
- ~$397 (at 1,750 sq ft)
- MLS® number
- X13745060
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The home and its surroundings
- Sump Pump
- Park
- Public Transit
- River/Stream
- School Bus Route
- Deck
- Porch
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
805 Morphet Avenue, Peterborough, ON K9J 2X7
Otonabee Ward 1, Peterborough · Near Lansdowne St & Lock St
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Listing history for 805 Morphet Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 805 Morphet Avenue
Answers come straight from this home’s MLS® listing.
How much is 805 Morphet Avenue listed for, and what would it cost each month?
805 Morphet Avenue is listed for $695,000. With 20% down ($139,000), the mortgage payment would be roughly $2,803 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,238 a month, all in. That figure is an illustration, not a quote.
Is 805 Morphet Avenue freehold or a condo, and is there a monthly fee?
805 Morphet Avenue is a 2-storey detached home in Otonabee Ward 1, Peterborough. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 805 Morphet Avenue have?
805 Morphet Avenue has 7 bedrooms, plus 3 more bedrooms in the basement, and 3 bathrooms.
Does 805 Morphet Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 805 Morphet Avenue have a finished basement?
The listing describes the basement as finished with walk-out. It counts 3 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 805 Morphet Avenue?
805 Morphet Avenue is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 805 Morphet Avenue, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50.4 x 96.7 ft.
How is 805 Morphet Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 805 Morphet Avenue?
Property taxes are $5,220 a year (2026), or about $435 a month.
Where is 805 Morphet Avenue?
805 Morphet Avenue is in the Otonabee Ward 1 community of Peterborough. The nearest main intersection is Lansdowne St & Lock St. The postal code is K9J 2X7.
Is 805 Morphet Avenue still for sale?
Yes. It is an active listing (MLS® X13745060). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 805 Morphet Avenue asking?
Similar detached homes for sale nearby right now include 612 Romaine Street at $599,900 (7+3 bed), 1072 Silverdale Road at $799,000 (4+1 bed) and 1664 Forster Avenue at $849,000 (4+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 805 Morphet Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 805 Morphet Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Otonabee Ward 1, picked by style, size and price.
2-storey detached home$599,900612 Romaine Street, Peterborough7+3 bed · 5 bath · Otonabee Ward 1Courtesy of: EXP REALTYView home →
2-storey detached home$799,0001072 Silverdale Road, Peterborough4+1 bed · 5 bath · Otonabee Ward 1Courtesy of: Royal LePage Our Neighbourhood RealtyView home →
2-storey detached home$849,0001664 Forster Avenue, Peterborough4+1 bed · 4 bath · Otonabee Ward 1Courtesy of: Royal LePage ProAlliance RealtyView home →Courtesy of: ROYAL LEPAGE SIGNATURE REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.