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. (id:63267)