40 Auburn Street, Unit 7, Peterborough, ON

$500,000
MLS#:X11138193
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
40 Auburn Street 107, Peterborough, ON K9H 2G2
⚠️

Property no longer active

This property was sold on January 8, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Ashburnham Ward 4. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Atrium, Auto Garage Door Remote, Intercom
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

Peterborough's desirable East City presents this bright south facing, 1,053 sq ft, 2 bedroom, 2 bathroom condo suite in The Inverlea, a preferred mid size building. The main floor location provides convenient, easy access. Directly across the street from the Otonabee River, the popular Rotary Trail & Nichols Oval Park, outdoor enthusiasts will delight in the easy access to walking & cycling trails all the way to Lakefeld or to downtown Hunter Street East shopping, pub & restaurant amenities. You will appreciate this quiet, sound separated complex. Floor to ceiling windows invite an abundance of natural light! The upgraded oak galley kitchen includes stainless appliances with Quartz countertops &backsplash. Master bedroom with 3 pc ensuite, walk-in closet & walk out to balcony. The combination living & dining room offers a fexible layout to suit your needs. Breakfast nook with second walkout to spacious south-facing balcony, plus laundry/utility room with storage.Residents enjoy the top foor party room with kitchenette, library & walkout to rooftop patio from which to enjoy BBQs & sunset views overlooking Otonabee River. Amenities also include the convenience of 2 upgraded elevators, exercise room, secure underground parking with designated parking spot & wood storage locker, ample visitor parking & common area bicycle storage room. Bus stop at door. Peterborough Golf& Curling just around the corner. Trent Athletic Centre is only minutes away. Very well managed & maintained, this adult lifestyle, smoke free building is in a wonderful location. This is a great place to live. Your carefree lifestyle awaits!

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Property Summary

This condo apartment located at 40 Auburn Street, Peterborough is currently for sale and has been available on SousaSells for 618 days. This property is listed at $500,000 with an estimated mortgage of $1,664* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 40 Auburn Street, Peterborough is in the Ashburnham Ward 4 neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Ashburnham Ward 4, Peterborough.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1000-1199 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Peterborough.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 8, 2025
Sold price information is available to members only
Listed Date11/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick Front, Vinyl Siding
BasementUnfinished
CountyPeterborough
Annual Tax$3,455.12

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Golf
  • Hospital
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • River/Stream

Interior Features

  • Atrium
  • Auto Garage Door Remote
  • Intercom
  • Primary Bedroom - Main Floor
  • Separate Heating Controls
  • Separate Hydro Meter
  • Water Heater

Security Features

  • Alarm System
  • Carbon Monoxide Detectors
  • Security System
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 40 Auburn Street, Unit 7, Peterborough, ON

Q.What is the asking price for 40 Auburn Street, Unit 7, Peterborough, ON ?

The current listing price for 40 Auburn Street, Unit 7, Peterborough, ON in Ashburnham Ward 4, Peterborough is $500,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.

Q.What property type and architectural style is 40 Auburn Street, Unit 7, Peterborough, ON ?

40 Auburn Street, Unit 7, Peterborough, ON is a Condo Apartment (Apartment) featuring a Unfinished basement.

Q.What key property features does 40 Auburn Street, Unit 7, Peterborough, ON offer?

Key property features include: Golf, Hospital, Park, Public Transit, Rec./Commun.Centre, River/Stream.

Q.What interior features are included in this home?

Interior highlights include: Atrium, Auto Garage Door Remote, Intercom, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Water Heater.

Q.What security features are installed at 40 Auburn Street, Unit 7, Peterborough, ON ?

Security features include: Alarm System, Carbon Monoxide Detectors, Security System, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

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40 Auburn Street, Unit 7, Peterborough, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Auburn Street 107, Peterborough, ON K9H 2G2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Peterborough.

Configure Loan Settings

Interest Rate4.00%
Down Payment$150,000 (30.0%)
* Minimum Canadian down payment required for this price is $25,000.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $350,000 over 30 years.
Purchase Price$500,000
Loan Amount$350,000
Provincial Land Transfer Tax:$6,475
Total Estimated Closing Taxes:$6,475

About Purchasing a Home in Peterborough, ON

For a property listed at $500,000 in Peterborough, the legal minimum down payment is $25,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,475 for this transaction. As this listing is in Peterborough (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,475.

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Ashburnham Ward 4, Peterborough Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Ashburnham Ward 4, Peterborough.

Verified Local Data
City Population128,624
City Median Age45.2 Yrs
City Ownership70% Owners
Avg Area List Price$867,006

People & Families

Age Distribution

Household Composition

One-person households
29%
Families with children
36%
Couples without children
32%
Other households
3%

Top Ethnic Origins

English33%
Irish30%
Scottish25%
Canadian17%

Best Schools in Ashburnham Ward 4, Peterborough

Elementary Schools

Kaawaate East City
Public220 Hunter Street East, Peterborough, Ontario, K9H 1H1
5.3
Monsignor O'Donoghue
Public2400 Marsdale Drive, Peterborough, Ontario, K9L 1R4
5.7
Immaculate Conception
Public76 Robinson Street, Peterborough, Ontario, K9H 1E8
5.9
Otonabee Valley
Public580 River Road South, Peterborough, Ontario, K9J 1E7
2.2
Queen Elizabeth
Public830 Barnardo Avenue, Peterborough, Ontario, K9J 5V9
5.9

Secondary Schools

Adam Scott
Public175 Langton Street, Peterborough, Ontario, K9H 6K3
5.3
Thomas A Stewart
Public1009 Armour Road, Peterborough, Ontario, K9H 7H2
4.5
St. Peter’s
CatholicPeterborough, Ontario
6.7

Ashburnham Ward 4, Peterborough Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied70%
Rented30%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.