304 - 40 Auburn Street
Peterborough, ON
- 2 bed
- 2 bath
- approx. 1000-1199 sqft
- Condo Apartment
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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $4,116
- Originally Listed
- $439,900
- Listed
- August 31, 2026
Price History
Listing history
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Property
- Style
- Apartment
- Age
- 31-50
- Construction
- Brick
- Roof
- Metal
- Interior
- Water Heater, Storage, Primary Bedroom - Main Floor
Parking
- Garage
- Carport
- Covered Spaces
- 1
- Total Parking
- 1
Utilities
- Heat Source
- Electric
Location & Legal
- Cross Street
- Auburn and Parkhill
- Zoning
- R.5, 7c-16
- Parcel Number
- 287220025
- Possession
- Immediate
- Occupancy
- Vacant
Condo
- Maintenance Fee
- $567/month
- Fee Includes
- Building Insurance Included, Common Elements Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- Open
- Amenities
- Elevator, Game Room, Party Room/Meeting Room, Recreation Room, Visitor Parking
Schools
Elementary
- Queen Elizabeth Public School0.9 km
Public · Kawartha Pine Ridge DSB · 225 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 72% met the provincial standard
- St. Anne Catholic Elementary School1.1 km
Catholic · Peterborough Victoria Northum Clarington CDSB · 540 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 57% met the provincial standard
- Adam Scott Intermediate School1.2 km
Public · Kawartha Pine Ridge DSB · 310 students
Secondary
- Peterborough Collegiate and Vocational School1.1 km
Public · Kawartha Pine Ridge DSB · 385 students
- Adam Scott Collegiate and Vocational Institute1.2 km
Public · Kawartha Pine Ridge DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Thomas A Stewart Secondary School1.5 km
Public · Kawartha Pine Ridge DSB · 1260 students
Grade 10 literacy: 76% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K9H
- Population
- 29,704
- Private dwellings
- 14,391
- Median age
- 42
- Average household size
- 2.2
- Median household income
- $64,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in Peterborough · last 12 months
- Median sold price
- $555,000
- Homes sold
- 1,041
- Median days on market
- 25
- Sale-to-list price
- 97.1%
Based on 1,041 recorded sales of residential condo & other properties in Peterborough over the last 12 months.
Rooms
3-piece, 4-piece
Main
- Bathroom
- Bathroom
- Bedroom 28'5" x 11'5"
- Breakfast7'5" x 8'
- Dining Room10'11" x 9'4"
- Kitchen7'3" x 12'4"
- Laundry7'5" x 9'
- Living Room10'11" x 9'4"
- Primary Bedroom11'8" x 16'
Listed by
RE/MAX Rouge River Realty Ltd.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$79,980
Estimated Monthly Payment
$1,965
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,965/mo (20% down, 5.5%)
Taxes: $343/mo · Insurance: $100/mo
Maint: $567/mo
Estimates only. Consult a financial advisor.
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