$834,900
1540 Fair Avenue, Peterborough, ON K9K 1T2
5 Beds
4 Baths
4 Parking
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.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style 2-Storey
Approximate Age 31-50
Bedrooms Above Grade 4
Bedrooms Below Grade 1
Bathrooms 4
Kitchens 1
Basement Full, Finished
Exposure West
Possession Flexible / 60 days

Building

Building Type Detached
Square Footage 2000-2500
Exterior Aluminum Siding, Brick
Foundation Poured Concrete
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace Yes

Measurements

Lot Size 70.05 x 120.23
Lot Size Units Feet
Frontage 70.05
Depth 120.23
Total Living Area 2000-2500

Land

Address 1540 Fair Avenue, Peterborough, ON K9K 1T2
City Peterborough
Community Monaghan Ward 2
County / Area Peterborough
Cross Street Glenforest Blvd & Fair Ave
Sewer Sewer
Pool None
Parcel Number 284720260

Parking and Garage

Total Parking 4
Garage Spaces 2
Garage Type Attached
Parking Features Private

Taxes and Listing Info

List Price $834,900
Annual Taxes $7,430
Tax Year 2025
Status Active
Listing Date 2026-05-21T15:25:18Z
Updated 2026-05-25T17:16:09Z
MLS Number X13155434
Local Market Insight

What Buyers Should Know About 1540 Fair Avenue, Peterborough, ON K9K 1T2

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

1540 Fair Avenue, Peterborough, ON K9K 1T2 is positioned in Monaghan Ward 2, a part of Peterborough where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 2-Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Glenforest Blvd & Fair Ave, public transit options, parking availability, and drive times to employment areas. A property with 4 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $834,900, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 5 bedrooms, 4 bathrooms, basement details marked as Full, Finished, and a lot size of 70.05 x 120.23, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Peterborough, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Monaghan Ward 2. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 1540 Fair Avenue, Peterborough, ON K9K 1T2, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.