Sean Kim
Broker
$695,000
Available - For Sale
Listing ID: X13745060
805 Morphet Avenue , Peterborough, K9J 2X7, Peterborough
| 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. |
| Price | $695,000 |
| Taxes: | $5220.00 |
| Occupancy: | Tenant |
| Address: | 805 Morphet Avenue , Peterborough, K9J 2X7, Peterborough |
| Acreage: | < .50 |
| Directions/Cross Streets: | Lansdowne St & Lock St |
| Rooms: | 11 |
| Rooms +: | 9 |
| Bedrooms: | 7 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Finished wit |
| Level/Floor | Room | Length(m) | Width(m) | Descriptions | |
| Room 1 | Main | Foyer | 1.28 | 1.27 | |
| Room 2 | Main | Kitchen | 4.29 | 2.29 | |
| Room 3 | Main | Living Ro | 3.53 | 2.54 | |
| Room 4 | Main | Dining Ro | 3.53 | 2.77 | |
| Room 5 | Main | Bedroom | 3.56 | 2.87 | |
| Room 6 | Main | Bedroom | 3.18 | 2.77 | |
| Room 7 | Main | Bedroom | 4.17 | 3 | |
| Room 8 | Main | Bedroom | 3.84 | 2.54 | |
| Room 9 | Second | Bedroom | 4.9 | 3.23 | |
| Room 10 | Second | Bedroom | 3.1 | 3.05 | |
| Room 11 | Second | Bedroom | 3.2 | 2.74 | |
| Room 12 | Basement | Bedroom | 3.38 | 3 | |
| Room 13 | Basement | Bedroom | 3.38 | 3 | |
| Room 14 | Basement | Bedroom | 2.79 | 2.26 | |
| Room 15 | Basement | Kitchen | 3.35 | 3.3 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 2-Storey |
| Exterior: | Aluminum Siding, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Available |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Available |
| Park #2 | |
| Parking Type: | Available |
| Pool: | None |
| Other Structures: | Garden Shed |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Park, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE SIGNATURE REALTY |
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Sean Kim
Broker
Dir:
416-998-1113
Bus:
905-270-2000
Fax:
905-270-0047
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Peterborough |
| Municipality: | Peterborough |
| Neighbourhood: | Otonabee Ward 1 |
| Style: | 2-Storey |
| Tax: | $5,220 |
| Beds: | 7+3 |
| Baths: | 3 |
| Fireplace: | Y |
| Pool: | None |
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