DetachedOn market 56 days

805 Morphet Ave, Peterborough

Name: 805 Morphet Avenue
SKU: X13745060
Price: 695000 CAD
Availability: InStock

Peterborough, ON · · MLS® X13745060Updated September 4, 2026

$695,000Est. $3,414/mo mortgage

Bedrooms: 7
Bathrooms: 2
Living space: 1500–2000sq ft
Parking spaces: 3

Type Detached
Lot 50 acres
Basement Finished with Walk-Out

What you should know

805 Morphet Ave is a 7-bedroom, 2-bathroom detached home in Peterborough, listed for $695,000. It has 1500-2000 sq ft of living space.

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.
The property offers (3) three surface parking spaces with abundant visitor parking conveniently located across the street.

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7 Bed, 2 Bath Detached Home in Peterborough

About 805 Morphet Avenue

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.

7 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $463 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 805 Morphet Ave

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 1500-2000 sq ftas stated on the listing
Parking: 3 spaces
Basement: Finished with Walk-Out

Features & systems

Parking & garage

Parking spaces: 3

Interior

Basement: Finished with Walk-Out

Lot & land

Lot size (sqft): 5403

Listing & possession

Property style: 2-Storey
Property class: Detached

805 Morphet Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 3, 2026For saleListedThis listingMLS® X13745060$695,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 805 Morphet Ave Compares to the Peterborough Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 705 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Peterborough market, last 90 days

Median sold price: $567,500
Average sold price: $596,905
Average days on market: 36
Homes sold: 378

Closed sales on the TRREB MLS®.

Full Peterborough market report

Recently sold nearby in Peterborough

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home805 Morphet Avenue 7 bd · 2 ba · 1,500 sqft	$695,000asking	$463	—	—
1562 Champlain Drive 6 bd · 3 ba · 3,500 sqft
558 Gilmour Street 6 bd · 2 ba · 3,500 sqft
641 Reid Street 6 bd · 2 ba · 1,500 sqft
57 Olive Avenue 7 bd · 1 ba · 1,500 sqft
463 Hunter Street 6 bd · 3 ba · 3,500 sqft
466 Weller Street 7 bd · 2 ba · 3,500 sqft

1562 Champlain Drive
6 bd · 3 ba · 3,500 sqft
558 Gilmour Street
6 bd · 2 ba · 3,500 sqft
641 Reid Street
6 bd · 2 ba · 1,500 sqft
57 Olive Avenue
7 bd · 1 ba · 1,500 sqft
463 Hunter Street
6 bd · 3 ba · 3,500 sqft
466 Weller Street
7 bd · 2 ba · 3,500 sqft

Living in Peterborough: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

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Costs, Mortgage & Rental Return for 805 Morphet Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,414; 20% down · 25 years · 5.5% assumed
Property tax: $382; 0.66% mill rate · ON
Total per month: $3,796; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,414

/mo

based on the purchase price of $695,000

Down payment20%

$139,000 cash

Amortization25 yr

$556,000 financed

Rate5.50%

$468,298 total interest

Principal54%$556,000

Interest46%$468,298

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: ROYAL LEPAGE SIGNATURE REALTY, BrokerageMLS® X13745060 · Listing data last updated September 4, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Sep 2· $463/sq ft

Estimated monthly mortgage$3,414/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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