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For saleMLS® X13760796

40 Auburn Street 408, Peterborough, ON K9H 2G2

Ashburnham Ward 4 · K9H 2G2

$425,500

+ $567/mo maintenance$355 / sq ft

1 months on market

Bedrooms
2
Bathrooms
2
Interior
1,200 sf
Parking
1
Age
31-50 years

What's special

  • Underground parking
  • Balcony
  • South exposure
  • Central air
  • Pets with restrictions
  • Water, Common elements, Building insurance included
  • Intercom
  • Primary bedroom - main floor

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About this property

Welcome to Suite 408 at the Inverlea. This bright, move-in ready condo is one of the larger units in the building, offering 2 bedrooms, 2 bathrooms and a spacious, well-designed layout. Freshly cleaned and ready for its new owner, the suite features a galley-style kitchen with an eat-in area, plenty of storage, in-suite laundry and a large balcony with beautiful southern 4th-floor views. The living and dining areas offer plenty of natural light and comfortable space. The primary bedroom features a walk-in closet, 3-piece ensuite and its own walk-out to the spacious balcony. The Inverlea is a quiet, well-maintained condo building offering underground parking, plenty of visitor parking and great amenities, including an exercise room and the top-floor Garden Room. Enjoy easy access to the Rotary Trail and Otonabee River, with downtown Peterborough and the shops, restaurants and amenities of East City nearby.

Rooms

20 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
BathroomMain1.76 × 2.20 m5.8 × 7.2 ft3 Pc Ensuite
KitchenMain4.04 × 4.00 m13.3 × 13.1 ft—
BathroomMain3.00 × 1.78 m9.8 × 5.8 ft4 Pc Bath
BreakfastMain2.29 × 3.31 m7.5 × 10.9 ft—
BedroomMain3.51 × 2.55 m11.5 × 8.4 ft—
Dining RoomMain2.74 × 3.80 m9.0 × 12.5 ft—
BreakfastMain2.76 × 3.58 m9.1 × 11.7 ft—
Living RoomMain7.00 × 4.97 m23.0 × 16.3 ft—
Dining RoomMain2.85 × 3.30 m9.4 × 10.8 ft—
Primary BedroomMain7.14 × 3.49 m23.4 × 11.5 ftEnsuite Bath
FoyerMain2.46 × 1.25 m8.1 × 4.1 ft—
BathroomMain1.81 × 2.24 m5.9 × 7.3 ft3 Pc Ensuite
KitchenMain3.58 × 2.32 m11.7 × 7.6 ft—
Bedroom 2Main3.49 × 3.28 m11.5 × 10.8 ft—
LaundryMain2.71 × 2.21 m8.9 × 7.3 ft—
BathroomMain3.01 × 1.83 m9.9 × 6.0 ft4 Pc Bath
Living RoomMain4.79 × 3.30 m15.7 × 10.8 ft—
LaundryMain2.67 × 4.71 m8.8 × 15.5 ft—
Primary BedroomMain4.93 × 3.54 m16.2 × 11.6 ft—
Room——

Features

  • Intercom
  • Primary Bedroom - Main Floor
  • Storage

Building amenities

  • Party Room/Meeting Room
  • Rooftop Deck/Garden
  • Visitor Parking
  • Elevator

Property details

Property

Property type
condo apartment
Bedrooms
2
Bathrooms
2
Interior size
1,200 sq ft
Year built
31-50
Zoning
R5
Possession
Flexible

Interior

Heating
Forced Air · Electric
Cooling
Central Air
Exposure
South
Balcony
Open

Exterior & services

Construction
Stucco (Plaster)
Garage
Underground
Parking spaces
1

Condominium

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

Costs

List price
$425,500
Property taxes
$4,666 / year (2026)
Maintenance fee
$567 / month
Price per sq ft
$355
Rental items
Hot Water Tank

Listing

MLS® number
X13760796
Status
For sale
Listed
September 9, 2026
Days on market
57
Last updated
September 16, 2026
Listing brokerage
Royal Lepage Proalliance Realty

Price & sale history

This property's sale history is hidden

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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 50% of comparable condo apartment listings in Ashburnham Ward 4 are asking less.

$341KMedian $420K$548K
This home
$355 / 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 $21,275
$21,275
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,235.03
Property tax (est.)
$388.87
Maintenance fee
$566.77
Estimated monthly
$3,191

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
$4,985
Total due on closing
$4,985

An estimate on the asking price of $425,500. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Royal Lepage Proalliance Realty. 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.

$425,500

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