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206 - 40 Auburn Street

206 - 40 Auburn Street

Peterborough, ON

  • 2 bed
  • 2 bath
  • approx. 1000-1199 sqft
  • Condo Apartment
$449,900

Welcome to Unit 206 at "The Inverlea", a beautifully updated 2-bedroom, 2-bathroom corner condo in Peterborough's sought-after East City. Offering just over 1,000 sq. ft. of bright, comfortable living space, this south and east-facing unit features large windows, plenty of natural light, and peaceful views over the surrounding trees. The interior has been thoughtfully refreshed with durable luxury vinyl flooring throughout, fresh paint, refaced kitchen cabinetry, and brand-new motorized blinds. The spacious open-concept living and dining area walks out to the balcony, which has also been updated with new carpeting. The kitchen offers a convenient dinette area and access to the pantry, laundry and utility room. The primary bedroom features its own walkout to the balcony, a walk-in closet and a private 3-piece ensuite, while a second bedroom and full 4-piece bathroom provide plenty of flexibility for guests or a home office. Underground parking is also included. The location is one of the real highlights. The Trent-Severn Waterway is directly across the street, Nicholls Oval Park is just across the road, and access to the Rotary Greenway Trail is only steps from the building, making it easy to walk, cycle and enjoy everything East City has to offer.Residents of The Inverlea also enjoy building amenities including a fitness room, recreation and meeting spaces, visitor parking, and a rooftop deck where you can take in views of the river, park and city.

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Listing Details

Taxes (2025)
$3,804
Listed
September 2, 2026

Price History

Listing history

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Property

Style
Apartment
Construction
Stucco (Plaster)
Interior
Intercom, Primary Bedroom - Main Floor, Water Heater

Parking

Garage
Underground
Covered Spaces
1
Total Parking
1

Utilities

Heat Source
Electric

Location & Legal

Cross Street
Parkhill Road
Parcel Number
287220016
Possession
30-59 days
Occupancy
Owner

Condo

Maintenance Fee
$567/month
Fee Includes
Common Elements Included, Building Insurance Included, Parking Included, Water Included
Pets
Yes-with Restrictions
Locker
None
Balcony
Open
Amenities
Recreation Room, Rooftop Deck/Garden, Visitor Parking, Party Room/Meeting Room, Exercise Room

Included

Inclusions
Fridge, stove, dishwasher, washer, dryer, remote blinds, white hutch in dining room.
Exclusions
Personal items.
Rental Items
Hot water heater

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
$554,500
Homes sold
1,040
Median days on market
25
Sale-to-list price
97.1%

Based on 1,040 recorded sales of residential condo & other properties in Peterborough over the last 12 months.

Rooms

4-piece on Main, 3-piece on Main

Main

  • Bathroom6' x 9'11"
  • Bathroom7'2" x 5'7"
  • Bedroom 210'5" x 8'6"
  • Breakfast11'6" x 25'3"
  • Foyer6'2" x 4'2"
  • Kitchen12' x 7'3"
  • Living Room11'8" x 25'3"
  • Primary Bedroom17'4" x 12'3"
  • Utility Room8'10" x 7'6"

Listed by

Coldwell Banker Electric Realty

Walk Score

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Mortgage Calculator

$89,980

Estimated Monthly Payment

$2,210

Land transfer tax

Estimated land transfer tax$5,473

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: $2,210/mo (20% down, 5.5%)

Taxes: $317/mo · Insurance: $112/mo

Maint: $567/mo

Estimates only. Consult a financial advisor.

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