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For saleMLS® X13727412

40 Auburn Street 304, Peterborough, ON K9H 2G2

Ashburnham Ward 4 · K9H 2G2

$399,900

+ $567/mo maintenance$400 / sq ft

2 months on market

Bedrooms
2
Bathrooms
2
Interior
1,000 sf
Parking
1
Age
31-50 years

What's special

  • Carport garage
  • Balcony
  • East exposure
  • Central air
  • Pets with restrictions
  • Building insurance, Common elements included
  • Water heater
  • Storage

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About this property

Welcome to The Inverlea, one of Peterborough's most sought-after adult lifestyle, smoke-free condominium communities. This exceptionally well-managed and meticulously maintained building offers comfort, convenience, and a true sense of community in a prime location along the scenic Otonabee River and Rotary Trail system.This bright and cheerful 2-bedroom, 2-bathroom unit offers beautiful views of the Otonabee River from the private balcony and an easy, maintenance-free lifestyle without compromising on space or amenities. Large windows throughout the unit fill the space with natural light, creating a warm and inviting atmosphere.The functional galley kitchen features a cozy breakfast nook, while the spacious living and dining areas provide plenty of room for relaxing or hosting family dinners. The primary bedroom is its own private retreat, complete with large windows, patio doors leading to the balcony, a walk-in closet, and a 3-piece ensuite. The second bedroom is also bright and versatile, making it ideal for guests or a home office.Residents of The Inverlea enjoy an impressive selection of amenities, including a top-floor party room with kitchen facilities, washroom, library, and rooftop patio showcasing stunning sunset views over the river. Additional features include two upgraded elevators, designated covered parking space, common bicycle storage, and ample visitor parking. Perfectly situated in Peterborough's desirable East City, this condo offers easy access to scenic waterfront trails, Nichols Oval Park, local shops and restaurants, the Peterborough Golf & Curling Club, and public transit right at your doorstep. The Trent University Athletic Centre is also just a short drive away.Ideal for those looking to simplify their lifestyle without sacrificing convenience or community, 304-40 Auburn Street combines low-maintenance living with an exceptional location and welcoming atmosphere.

Rooms

9 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Dining RoomMain3.34 × 2.85 m11.0 × 9.4 ft—
Living RoomMain3.34 × 2.85 m11.0 × 9.4 ft—
KitchenMain2.21 × 3.75 m7.3 × 12.3 ft—
Bedroom 2Main2.57 × 3.48 m8.4 × 11.4 ft—
Primary BedroomMain3.56 × 4.88 m11.7 × 16.0 ft—
BathroomMain——
BathroomMain——
LaundryMain2.26 × 2.75 m7.4 × 9.0 ft—
BreakfastMain2.25 × 2.43 m7.4 × 8.0 ft—

Features

  • Water Heater
  • Storage
  • Primary Bedroom - Main Floor

Building amenities

  • Elevator
  • Game Room
  • Party Room/Meeting Room
  • Recreation Room
  • Visitor Parking

Property details

Property

Property type
condo apartment
Bedrooms
2
Bathrooms
2
Interior size
1,000 sq ft
Year built
31-50
Zoning
R.5, 7c-16
Possession
TBD

Interior

Basement
Other
Heating
Forced Air · Electric
Cooling
Central Air
Exposure
East
Balcony
Open

Exterior & services

Construction
Brick
Garage
Carport
Parking spaces
1

Condominium

Corporation
22 PCC
Property manager
Nightingale
Pets
Yes-with Restrictions
Fee includes
Building Insurance Included, Common Elements Included

Costs

List price
$399,900
Property taxes
$4,116 / year (2026)
Maintenance fee
$567 / month
Price per sq ft
$400

Listing

MLS® number
X13727412
Status
For sale
Listed
August 31, 2026
Days on market
66
Last updated
September 21, 2026
Listing brokerage
RE/MAX Rouge River Realty Ltd.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 40% of comparable condo apartment listings in Ashburnham Ward 4 are asking less.

$341KMedian $433K$548K
This home
$400 / sq ft
Comparable median
$434 / sq ft

Based on 10 comparable active condo apartment listings in Ashburnham Ward 4. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $19,995
$19,995
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,100.56
Property tax (est.)
$343.00
Maintenance fee
$566.77
Estimated monthly
$3,010

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$4,474
Total due on closing
$4,474

An estimate on the asking price of $399,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX Rouge River Realty Ltd.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$399,900

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