805 Morphet Avenue, Peterborough, Ontario K9J 2X7

Listed for:
$589,000
10 beds
3 baths
Listed 30 days ago
House for rent: 805 Morphet Avenue, Peterborough, Ontario K9J 2X7

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About

Lansdowne St & Lock St 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. (id:27476)

Property Highlights

MLS® Number
X12704976
Type
Single Family
Community Name
Otonabee Ward 1
Ownership Type
Freehold
Land Size
50.4 x 96.7 FT ; 50.44 X 96.71 X 53.76 X 116.63|under 1/2 acre
Parking Space Total
3

Building

Building Type
House
Storeys
2.00
Square Footage
1500 - 2000 sqft
Bathrooms Total
3
Bedrooms Above Ground
7
Bedrooms Total
10
Amenities
Park, Public Transit
Exterior Finish
Aluminum siding, Vinyl siding
Fireplace Present
Yes
Basement Type
N/A (Finished)
Basement Features
Walk out
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Bedroom
Second level
3.2 m x 2.74 m
Bedroom
Second level
4.9 m x 3.23 m
Bedroom
Second level
3.1 m x 3.05 m
Bedroom
Basement
3.38 m x 3 m
Bedroom
Basement
3.38 m x 3 m
Bedroom
Basement
2.79 m x 2.26 m
Kitchen
Basement
3.35 m x 3.3 m
Laundry room
Basement
2.06 m x 1.63 m
Utility room
Basement
3.15 m x 2 m
Foyer
Main level
1.28 m x 1.27 m
Kitchen
Main level
4.29 m x 2.29 m
Living room
Main level
3.53 m x 2.54 m
Dining room
Main level
3.53 m x 2.77 m
Bedroom
Main level
3.56 m x 2.87 m
Bedroom
Main level
3.18 m x 2.77 m
Bedroom
Main level
4.17 m x 3 m
Bedroom
Main level
3.84 m x 2.54 m

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE SIGNATURE REALTY
MLS® number:
X12704976
Agent:
Nick West
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