40 Auburn Street 207, Peterborough

$519,900
40 Auburn Street 207

$519,900

New
30d
Condo ApartmentApartment

40 Auburn Street 207, Peterborough

Total Monthly Obligation $3,182

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
30d
Score
21
Yield
6.7%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.9%
Property Type-Condo Apartment
MLS® Number-X13818332
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 23, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,698 (2025)
Maintenance-$577/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-MinCom Kawartha Lakes Realty Inc.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Rolled
Foundation-Concrete
Possession-TBA
Neighbourhood-Ashburnham Ward 4
Title-Residential Condo & Other

No agent assigned

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!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$415,920
Land Transfer Taxes$6,873
Legal Fees (Est.)
$
Total cash required for closing$112,353

Total Monthly Obligation

$3,182/mo
Mortgage $2,097
Monthly Loss $2,630
Principal$552
Interest$1,545
Property Tax$308
Condo Fees$577
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.1%2
5-Year IRR
11.0%42
10-Year IRR
11.5%
Returns Index
22.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,800/yr
NOI
$18,298/yr
Net Cash Flow
-$572/mo
Cash Margin
-19.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
26.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 40 Auburn Street 207

Time

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Data last updated within the past 24 hours.