805 Morphet Avenue, Peterborough, ON K9J 2X7

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.

• 216 m from a rail corridor

  Visit at train times to judge noise and vibration for yourself.

  Source: Ontario Railway Network (ORWN) · as of Sep 2026

Also checked, nothing flagged at this location: provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, hydro transmission corridors.

Not openly mapped for this area (ask the local conservation authority): flood hazard mapping, conservation-regulated areas.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.