408 - 40 Auburn Street
Peterborough, ON
- 2 bed
- 2 bath
- approx. 1200-1399 sqft
- Condo Apartment
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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $4,666
- Listed
- September 9, 2026
Price History
Property
- Style
- Apartment
- Age
- 31-50
- Construction
- Stucco (Plaster)
- Roof
- Metal
- Foundation
- Concrete
- Interior
- Intercom, Primary Bedroom - Main Floor, Storage
Parking
- Garage
- Underground
- Covered Spaces
- 1
- Total Parking
- 1
Utilities
- Heat Source
- Electric
Location & Legal
- Cross Street
- Parkhill Rd & Auburn St
- Zoning
- R5
- Parcel Number
- 287220040
- Possession
- Flexible
- Occupancy
- Vacant
Condo
- Maintenance Fee
- $567/month
- Fee Includes
- Water Included, Common Elements Included, Building Insurance Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- Open
- Amenities
- Party Room/Meeting Room, Rooftop Deck/Garden, Visitor Parking, Elevator
Included
- Inclusions
- Refrigerator, B/I Oven, B/I Microwave, Stove Top, Dishwasher, Washer, Dryer, Electric Light Fixtures, Window Coverings
- Rental Items
- Hot Water Tank
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
3-piece on Main, 4-piece on Main
Main
- Bathroom9'10" x 5'10"
- Bathroom5'9" x 7'3"
- Bathroom5'11" x 7'4"
- Bathroom9'11" x 6'
- Bedroom11'6" x 8'4"
- Bedroom 211'5" x 10'9"
- Breakfast7'6" x 10'10"
- Breakfast7'6" x 10'10"
- Dining Room9' x 12'6"
- Dining Room9' x 12'6"
- Foyer8'1" x 4'1"
- Kitchen13'3" x 13'1"
- Kitchen13'3" x 13'1"
- Laundry8'9" x 15'5"
- Laundry8'9" x 15'5"
- Living Room23' x 16'4"
- Living Room23' x 16'4"
- Primary Bedroom23'5" x 11'5"
- Primary Bedroom23'5" x 11'5"
Listed by
Royal Lepage Proalliance Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$85,100
Estimated Monthly Payment
$2,090
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: $2,090/mo (20% down, 5.5%)
Taxes: $389/mo · Insurance: $106/mo
Maint: $567/mo
Estimates only. Consult a financial advisor.
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