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For saleMLS® X13745060

805 Morphet Avenue, Peterborough, ON K9J 2X7

Otonabee Ward 1 · K9J 2X7

$695,000

$463 / sq ft

2 months on market

Bedrooms
7+3
Bathrooms
3
Interior
1,500 sf
Parking
3
Lot
50.44 × 96.71 ft

What's special

  • 3 parking spaces
  • Central air
  • Walk-out basement
  • Fireplace
  • Sump pump

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About this property

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.

Rooms

17 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
FoyerMain1.28 × 1.27 m4.2 × 4.2 ft—
KitchenMain4.29 × 2.29 m14.1 × 7.5 ft—
Living RoomMain3.53 × 2.54 m11.6 × 8.3 ft—
Dining RoomMain3.53 × 2.77 m11.6 × 9.1 ft—
BedroomMain3.56 × 2.87 m11.7 × 9.4 ft—
BedroomMain3.18 × 2.77 m10.4 × 9.1 ft—
BedroomMain4.17 × 3.00 m13.7 × 9.8 ft—
BedroomMain3.84 × 2.54 m12.6 × 8.3 ft—
BedroomSecond4.90 × 3.23 m16.1 × 10.6 ft—
BedroomSecond3.10 × 3.05 m10.2 × 10.0 ft—
BedroomSecond3.20 × 2.74 m10.5 × 9.0 ft—
BedroomBasement3.38 × 3.00 m11.1 × 9.8 ft—
BedroomBasement3.38 × 3.00 m11.1 × 9.8 ft—
BedroomBasement2.79 × 2.26 m9.2 × 7.4 ft—
KitchenBasement3.35 × 3.30 m11.0 × 10.8 ft—
LaundryBasement2.06 × 1.63 m6.8 × 5.3 ft—
Utility RoomBasement3.15 × 2.00 m10.3 × 6.6 ft—

Features

  • Sump Pump

Property details

Property

Property type
detached
Bedrooms
7 + 3
Bathrooms
3
Interior size
1,500 sq ft
Lot size
50.44 × 96.71 ft
Zoning
R1
Possession
Flexible

Interior

Basement
Finished with Walk-Out
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
1
Exposure
West

Exterior & services

Construction
Aluminum Siding, Vinyl Siding
Parking spaces
3
Sewer
Sewer

Costs

List price
$695,000
Property taxes
$5,220 / year (2026)
Price per sq ft
$463
Rental items
Hot Water Tank $28.87/month

Listing

MLS® number
X13745060
Status
For sale
Listed
September 4, 2026
Days on market
62
Last updated
September 4, 2026
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 80% of comparable detached listings in Otonabee Ward 1 are asking less.

$429KMedian $540K$782K
This home
$463 / sq ft
Comparable median
$613 / sq ft

Based on 40 comparable active detached listings in Otonabee Ward 1. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.4% · minimum $44,500
$44,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,596.73
Property tax (est.)
$435.00
Estimated monthly
$4,032

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$10,375
Total due on closing
$10,375

An estimate on the asking price of $695,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$695,000

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