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1540 Fair Avenue, Peterborough, ON K9K 1T2

4+1 beds · 4 baths · 1 kitchen · 11+3 rooms · 4 parking spaces · 2000-2500 sq ft · Laundry on the main level level · Detached
$824,900
Property tax
$7,430 / year

Set on a quiet street in Peterborough's sought after west end, this spacious 4 bedroom home offers a wonderful blend of space, character, and location. Just steps from popular Roper Park with its playground, tennis courts, green space, and winter skating rink, there's so much to love about this family friendly neighbourhood where kids still ride bikes to the park and neighbours know each other by name. Hardwood floors and a graceful curved staircase welcome you inside, while the bright living and dining spaces overlook the private backyard framed by mature trees and perennial gardens. Enjoy a spacious eat-in kitchen with peaceful backyard views, while the cozy family room with fireplace and walkout to the patio creates the perfect backdrop for relaxed evenings, summer dinners outdoors, or quiet mornings listening to the birds with a coffee in hand. A convenient laundry/mudroom connects directly to the double garage for everyday ease. Up the beautiful staircase, you'll find the rare convenience of 4 bedrooms on one level, including a generous primary suite with walk-in closet and updated ensuite with glass shower. Three additional bedrooms, an updated large 4 pc family bathroom, and a spacious upper landing complete the second floor. The lower level offers outstanding flexibility with a large rec room, additional bedroom, 3 pc bathroom, cold cellar, and storage space, making it ideal for guests, teens, a home office, or in-law potential. Close to Jackson Park trails and cycling paths, and within walking distance to excellent schools including Westmount and St. Catherine, this is a location families rarely outgrow. Lovingly maintained and ready for its next chapter, this is a fantastic opportunity to settle into one of Peterborough's most desirable neighbourhoods while adding your own vision over time. Ready for another family to make beautiful memories here for years to come.

MLS number
X13155434
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
4
Postal code
K9K 1T2
Photos
50
Laundry
Main Level level
115days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St. Catherine Catholic Elementary School
Peterborough Victoria Northum Clarington CDSB
Elementary665 m7.6 / 10
76% met the standard
Westmount Public School
Kawartha Pine Ridge DSB
Elementary770 m6.9 / 10
69% met the standard
ÉSC Monseigneur-Jamot
CS catholique MonAvenir
Secondary1.0 km7.7 / 10
77% met the standard · 2 of 6 measures
St. Teresa Catholic Elementary School
Peterborough Victoria Northum Clarington CDSB
Elementary972 m7.5 / 10
75% met the standard
St. Peter Catholic Secondary School
Peterborough Victoria Northum Clarington CDSB
Secondary1.6 km7.2 / 10
72% met the standard · 2 of 6 measures
James Strath Public School
Kawartha Pine Ridge DSB
Elementary2.0 km7.6 / 10
76% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Monaghan Ward 2321 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$677k$752k$828k20252026this home’s asking price
$731klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%98%100%20252026the asking price
98%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d27d54d20252026
26dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in monaghan ward 2. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 695 people.

$130,000Median household income
95.9%Own their home
98.1%Detached houses
50.8Median age
12.3%Born outside Canada
45.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35150154 — the few blocks around this address, home to 695 people. It describes the area, not this property.

695Population
47Average age
2.7Household size
$150,000Average household income
$130,000Median household income
96%Own their home
4%Rent
0%Condominiums
12%Born outside Canada
45%University degree
$735,000Average home value
2%Low income
68%Not in the labour force
20%Never married
$40,000 to $44,9991%
$50,000 to $59,9991%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9992%
$100,000 and over42%
$100,000 to $124,99910%
$125,000 to $149,99910%
$150,000 to $199,99911%
$200,000 and over13%

Percentages are of the 420 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$164,980 · minimum here is $57,490
$3,652.48per month
Borrowed before insurance$659,920
Total borrowed$659,920
Interest over 25 years at 4.5%$435,824

If you rented it out

-$4,271.65per month out of pocket
Rent$0.00
Everything it costs to hold$4,271.65
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Century 21 United Realty Inc.. Listing data provided by the Toronto Regional Real Estate Board.