811 Morphet Avenue

Introducing a remarkable house for sale in Peterborough , located at 811 Morphet Avenue, Peterborough. This detached 1 1/2 storey residence is a fantastic opportunity for investors, renovators, and those with a flair for handiwork. Set on a generous pie-shaped corner lot measuring 99 x 138 feet, this property is ideally situated just a stone's throw from the picturesque Otonabee River and the scenic Lock 19. The potential for transformation is immense, making this house for sale in Peterborough a true diamond in the rough.

As you step inside, you are greeted by a bright and airy atmosphere, enhanced by cathedral ceilings and skylight windows that flood the space with natural light. The layout of the home comprises a total of nine rooms, including three spacious bedrooms and a den, providing ample space for family living or creative redesign. The ground-level kitchen is well-positioned for entertaining and everyday living, while an additional kitchen offers further possibilities for those considering in-law suite arrangements or separate living quarters. This house for sale in Peterborough presents a unique chance to reimagine the space according to your vision.

The property features three bathrooms, which is a significant advantage for a family or for hosting guests. The family room is an inviting space, perfect for relaxation or gatherings. While the house does not include a fireplace or a central vacuum system, it does boast central air conditioning, ensuring comfort throughout the seasons. The partially finished basement provides additional room for creativity, whether you choose to complete it for extra living space or utilise it for storage.

Outside, the property features a private double driveway, accommodating up to two vehicles, along with a carport for added convenience. Although there is no swimming pool on the premises, the expansive backyard offers plenty of space for outdoor activities, gardening, or simply enjoying the serene surroundings. The absence of extra features allows for a blank canvas, ready for your personal touch.

Located in the vibrant Otonabee Ward 1 community of Peterborough, this house for sale in Peterborough is not only a home but also a gateway to a lifestyle enriched by nature and convenience. Residents can enjoy nearby trails, ideal for walking or cycling, and the proximity to Lansdowne Street West, where shopping, parks, and public transit are just minutes away. This advantageous location enhances the appeal of the property, making it an excellent investment opportunity.

Being sold "As Is, Where Is," this house for sale in Peterborough invites you to bring your creativity and vision to life. Whether you aim to restore its original charm or embark on a complete reimagining, the potential for success is substantial. The combination of a desirable location, ample living space, and the opportunity for personalisation makes this property a rare find in the market.

In summary, 811 Morphet Avenue, Peterborough, is a house for sale in Peterborough that offers an exciting opportunity for those willing to invest time and effort into its transformation. With three bedrooms, a den, three bathrooms, and a spacious layout, this home is ready for a new chapter. Don’t miss out on the chance to make this property your own and create a success story that reflects your personal style and vision.

Otonabee Ward 1, located within the city of Peterborough, is a picturesque and vibrant area that seamlessly blends natural beauty with suburban charm. Nestled along the banks of the Otonabee River, this ward boasts an array of green spaces, parks, and scenic walking trails, making it ideal for outdoor enthusiasts and families alike. The neighbourhood features a mix of residential homes, from charming bungalows to modern developments, all within a friendly and welcoming atmosphere. Conveniently situated, Otonabee Ward 1 offers easy access to local amenities, schools, and public transport, ensuring a comfortable and connected lifestyle for its residents. With its rich community spirit and proximity to the stunning landscapes of Ontario, it’s a delightful place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to families with children of various ages. Within a short distance of just 1.1 km, you will find St. John Catholic Elementary School, which serves grades JK to 8 and offers an English language curriculum under the Peterborough Victoria Northumberland and Clarington Catholic District School Board. For secondary education, St. Peter Catholic Secondary School is located 3.5 km away, providing education for grades 9 to 12 in both English and French. Additionally, St. Anne Catholic Elementary School, situated 3.9 km from the property, offers another option for elementary education with a French language program. The schools in the area are all part of the same Catholic school board, ensuring a consistent educational philosophy. While the schools currently have a rating of 0, they are well-regarded in the community, and their proximity to the property makes it an attractive option for families prioritizing education. Overall, this location provides a variety of schooling choices, making it an ideal setting for families looking to settle in a supportive educational environment.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 559 residents, with an average household size of 2.2 individuals. The demographic profile indicates an average age of 44.7 years, reflecting a mature community. The average household income stands at $85,000, although 14.4% of the population lives in low-income situations. The real estate market shows an average property price of $512,000, with 20% of households being renters and 22% living in condominiums. Approximately 43.3% of the population is single, while 30.56% of households include children, indicating a mix of family and single-person households. The area has a modest immigrant population of 5.26%, and educational attainment is relatively high, with 53.06% of residents holding a college or university degree. However, nearly half of the population, at 47.96%, is not actively participating in the labor force. This demographic snapshot suggests a diverse community with a balance of families and singles, a significant level of education, and a stable income base, making it an attractive location for potential homebuyers and investors.