40 Auburn Street, Peterborough, ON

$499,900
MLS#:X12460483
2 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Ashburnham Ward 4. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via electric

Welcome to The Inverlea, one of Peterborough's most desirable adult lifestyle, smoke-free condominium communities. This well-managed and meticulously maintained building offers exceptional comfort, convenience, and community in a prime location along the Otonabee River. This spacious 1,200+ sq. ft. unit is one of the buildings larger floor plans, featuring 2 bedrooms, 2 bathrooms, and thoughtful updates throughout. The renovated kitchen and dining area offer a fresh, modern feel and flow seamlessly into the large living room. From here, step out to your private balcony and enjoy peaceful southern glimpses of the Otonabee River. The primary suite includes ample closet space and a full ensuite bath, while the second bedroom is perfect for guests, hobbies, or a home office. New engineered flooring adds warmth and style. A large in-unit storage room and in-unit laundry provide everyday convenience. The Inverlea offers a fantastic range of amenities: a top-floor party room with washroom, kitchen sink, library, and a rooftop patio with sunset views over the river (note: BBQs are not permitted on balconies or in the party room); two upgraded elevators; exercise room; secure underground parking with a designated spot; common bicycle storage; and plenty of visitor parking. Located directly on a bus route, this property is steps to walking trails along the water, Nichols Oval Park, East City shops, and the Peterborough Golf & Curling Club. The Trent University Athletic Centre is just minutes away. Whether you're looking to downsize, enjoy maintenance-free living, or be part of a welcoming community, 308-40 Auburn Street offers the perfect blend of space, style, and location.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 7, 2025
Sold price information is available to members only
Listed Date10/14/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionStucco (Plaster)
CountyPeterborough
Annual Tax$4,352.08

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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40 Auburn Street, Peterborough, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Auburn Street 308, Peterborough, ON K9H 2G2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$399,920
Monthly Mortgage$2,324
Property Tax (Est.)$363
Utilities & Maint.$350
Total Monthly Cost$3,037

Strategic Fiscal Clarity

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