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Condo ApartmentListed 21 days ago

$519,900

40 Auburn Street 207, Peterborough, ON K9H 2G2

Ashburnham Ward 4 · Peterborough · K9H 2G2

Listing brokerage: MinCom Kawartha Lakes Realty Inc.

Beds
2
Baths
2
Sq ft
1000–1199
Parking
1
Virtual tour

Monthly costs

Maintenance

$577/mo

$0.55 per sq ft

Property taxes

$308/mo

$3,698 a year (2025)

About $885 a month in fees and taxes, before the mortgage.

The fee covers

  • Covered: Water
  • Covered: Common Elements
  • Covered: Building Insurance
  • Not covered: Heat
  • Not covered: Hydro
  • Not covered: Air conditioning

Bills not covered are paid by the owner.

For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules

The unit

Exposure
South
Parking
1 spot · Underground
Locker
None
Balcony
Terrace
Laundry
In-Suite Laundry
Possession
TBA

The building

40 Auburn Street 207

Ashburnham Ward 4

  • 4 for sale

About this home

Welcome to unit #207 at The Inverlea, a well-maintained condominium community in Peterborough's desirable East City. Offering just under 1,060 sq. ft. of comfortable living space, this bright 2-bedroom, 2-bathroom unit stands out from many others in the building thanks to its renovated kitchen and bathrooms, providing a true turn-key experience. The updated kitchen gives the home a fresh, more modern feel and opens to a bright breakfast area, while the separate dining room and generous living space provide plenty of room for everyday living and entertaining. Both bathrooms have also been renovated, including the primary bedroom's private 3-piece ensuite. For buyers looking to downsize without taking on another renovation project, this is a significant advantage! The spacious primary bedroom offers plenty of room to settle in comfortably, while the second bedroom works equally well for guests, a home office or hobby space. In-suite laundry, a south-facing terrace and owned underground parking add to the convenience. Residents of The Inverlea enjoy a great collection of building amenities, including an exercise room, party/meeting room, rooftop deck and garden, elevators and visitor parking. The location is another highlight. Step outside and you're close to the Otonabee River and Rotary Trail for walking and cycling, with Nichols Oval Park, the Peterborough Golf & Curling Club, public transit and the shops and restaurants of East City all nearby. If you've been waiting for a unit at The Inverlea but don't want the expense and disruption of updating an older condo, Unit 207 offers an opportunity to simply move in and enjoy it!

All details25 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
2
Bathrooms
2
Kitchens
1
Rooms
6
Size
1000-1199 sq ft

Features

  • Primary Bedroom - Main Floor

Building & Amenities

Floor
2
Property management
Nightingale

Amenities

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

Heating & Cooling

Heating
Forced Air
Heat source
Electric
Cooling
Central Air

Parking

Covered spaces
1

Exterior & Lot

Style
Apartment
Exterior
Brick
Roof
Asphalt Rolled
Foundation
Concrete

Exterior features

  • Controlled Entry

Taxes & Fees

HST
Included In

Listing

MLS® number
X13818332
Type
Condo Apartment
Transaction
For Sale
Neighbourhood
Ashburnham Ward 4
Cross streets
Auburn St and Parkhill Road
Rooms · 11Kitchen, Living Room, Breakfast, Laundry, Dining Room, Bedroom, Primary Bedroom, Bathroom ×2, Washroom ×2
  • Kitchen

    Main

    2.26 × 3.66 m · 7′5″ × 12′0″

  • Living Room

    Main

    3.35 × 4.60 m · 11′0″ × 15′1″

  • Breakfast

    Main

    3.53 × 2.79 m · 11′7″ × 9′2″

  • Laundry

    Main

    2.26 × 2.74 m · 7′5″ × 9′0″

  • Dining Room

    Main

    3.33 × 3.12 m · 10′11″ × 10′3″

  • Bedroom

    Main

    2.59 × 3.53 m · 8′6″ × 11′7″

  • Primary Bedroom

    Main

    3.51 × 7.19 m · 11′6″ × 23′7″

  • Bathroom

    Main

    1.75 × 3.02 m · 5′9″ × 9′11″

  • Bathroom

    Main

    2.24 × 1.83 m · 7′4″ × 6′0″

    3 Pc Ensuite

  • 2 × 3-piece washroom

    Main

History

Past listings and sales for this home and building.

Location

40 Auburn Street 207, Peterborough, ON K9H 2G2 · Near Auburn St and Parkhill Road

Monthly cost

Estimated monthly cost

$3,187/mo

Mortgage
$2,302
Property tax
$308
Maintenance
$577
Down payment$103,980 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$113,220

$103,980 down + $9,240 to $10,490 in closing costs

Ontario land transfer tax
$6,873
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$182
Condo fee adjustment
$335

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

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$519,900

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