40 Auburn Street, Unit 308, Peterborough, ON
Property no longer active
This property was sold on December 19, 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 stucco (plaster) construction, this residence presents an exceptional opportunity offered at $499,900 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 1200-1399 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Welcome to The Inverlea, one of Peterborough's most desirable adult lifestyle, smoke-free condominium communities. This well-managed and meticulously maintained building offers exceptional comfort, convenience, and community in a prime location along the Otonabee River. This spacious 1,200+ sq. ft. unit is one of the buildings larger floor plans, featuring 2 bedrooms, 2 bathrooms, and thoughtful updates throughout. The renovated kitchen and dining area offer a fresh, modern feel and flow seamlessly into the large living room. From here, step out to your private balcony and enjoy peaceful southern glimpses of the Otonabee River. The primary suite includes ample closet space and a full ensuite bath, while the second bedroom is perfect for guests, hobbies, or a home office. New engineered flooring adds warmth and style. A large in-unit storage room and in-unit laundry provide everyday convenience. The Inverlea offers a fantastic range of amenities: a top-floor party room with washroom, kitchen sink, library, and a rooftop patio with sunset views over the river (note: BBQs are not permitted on balconies or in the party room); two upgraded elevators; exercise room; secure underground parking with a designated spot; common bicycle storage; and plenty of visitor parking. Located directly on a bus route, this property is steps to walking trails along the water, Nichols Oval Park, East City shops, and the Peterborough Golf & Curling Club. The Trent University Athletic Centre is just minutes away. Whether you're looking to downsize, enjoy maintenance-free living, or be part of a welcoming community, 308-40 Auburn Street offers the perfect blend of space, style, and location.
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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 296 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 2 beds, 2 bathrooms, and is 1200-1399 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.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Ashburnham Ward 4, Peterborough.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1200-1399 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Peterborough.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 40 Auburn Street, Unit 308, Peterborough, ON
Q.What is the asking price for 40 Auburn Street, Unit 308, Peterborough, ON ?
The current listing price for 40 Auburn Street, Unit 308, Peterborough, ON in Ashburnham Ward 4, Peterborough is $499,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 1200-1399 sqft.
Q.What property type and architectural style is 40 Auburn Street, Unit 308, Peterborough, ON ?
40 Auburn Street, Unit 308, Peterborough, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Other.
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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Pricing & Value Insights
Data-driven valuation for 40 Auburn Street 308, Peterborough, ON K9H 2G2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Peterborough, ON
For a property listed at $499,900 in Peterborough, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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