Listed for:Listed Sep 3, 2026
$695,000

805 Morphet Avenue

Peterborough (Otonabee Ward 1), ON K9J 2X7

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 805 Morphet Avenue, Peterborough, Otonabee Ward 1

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 805 Morphet Avenue, Peterborough, Otonabee Ward 1

Summarized Description

  • Updated in 2024 for modern living.
  • 10 bedrooms designed for rental efficiency.
  • Exceptional cash flow with current tenants.
  • Located near Trent-Severn Waterway.
  • Close to colleges and transit options.
  • Turnkey investment with strong rental demand.
  • Flexible leasing layout for maximum income.
  • Safe, family-friendly neighborhood.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,220
Land Transfer Tax Fee
$10,375

Rental Items

Rental Equipment
Hot Water Tank $28.87/month

Basement Type
Finished with Walk-Out

Interior Features

Laundry Level
Lower Level
Interior Extras
Sump Pump
View
Bridge, Park/Greenbelt, River, Trees/Woods, Water
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Exterior Extras
Deck, Porch
Pool
None
Property Features
Park, Public Transit, River/Stream, School Bus Route
Other Structures
Garden Shed

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Aluminum Siding, Vinyl Siding
Roof
Shingles
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
50.44 ft
Lot Depth
96.71 ft
Lot Size
5403
Lot Shape
Irregular

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
3
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
7 + 3
Washrooms
3
Kitchens
2

Room sizes

  • Kitchen—
    Main level
  • Utility Room—
    Basement level
  • Dining Room—
    Main level
  • Laundry—
    Basement level
  • Bedroom—
    Basement level
  • Bedroom—
    Basement level
  • Bedroom—
    Main level
  • Kitchen—
    Basement level
  • Living Room—
    Main level
  • Bedroom—
    Main level
  • Bedroom—
    Second level
  • Bedroom—
    Second level
  • Bedroom—
    Main level
  • Bedroom—
    Second level
  • Foyer—
    Main level
  • Bedroom—
    Basement level
  • Bedroom—
    Main level

Washrooms

  • 2-piece, Main
  • 3-piece, Second
  • 3-piece, Basement

Municipality
Peterborough
Neighbourhood
Otonabee Ward 1
Main cross streets
Lansdowne St & Lock St
Zoning
R1
Directions
Lansdowne St & Lock St

MLS® number
X13745060
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-03
Updated on
2026-09-04
Days on market
44 days
Possession date
2026-10-15
Possession type
Flexible
Co-op commission
2.5% + HST
Seller
Listed by
ROYAL LEPAGE SIGNATURE REALTY

Home Market Value

Current home valuation for 805 Morphet Avenue, Peterborough, Otonabee Ward 1, Peterborough, ON. Listed for $695,000

HOMEH Estimate

?

$562,722

Estimated Sales Range

?

$444,550 - $691,264

HOMEH Estimate for 805 Morphet Avenue, Peterborough, Otonabee Ward 1

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$562,722Medium confidence
Based on 1 comparable property
+ $132,278 (24%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Peterborough, ON
Minimum Down Payment Required:6.4%

5% on first $500K + 10% on $195,000 over $500K

Minimum down payment

$44,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$25,993$19,391$16,541$0
=Total mortgage
$675,818$644,891$607,291$556,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,300monthly$3,149monthly$2,965monthly$2,715monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$10,375

Total Land Transfer Tax

$10,375

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