Residentiae.
For Sale · Central Lakes

1540 FAIR AVENUE

Central Lakes · K9K1T2

$824,900

5Bedrooms
4Bathrooms
4Parking
2,000Sq Ft
2Storeys

About this residence

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. (id:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
5 (4 above, 1 below)
Bathrooms
4 (1 half)
Storeys
2
Living area
2,000–2,500 sq ft
Lot size
70.1 x 120.2 FT
Frontage
70.1 feet
Parking
4 spaces
Fireplace
1
Annual tax
$7,430
MLS®
X13155434
Board
Central Lakes
Status
Active
Listed
May 21, 2026
Updated
Jul 13, 2026

Room dimensions

RoomLevelDimensions
BathroomMain level1.52 × 1.51 m
BedroomSecond level3.39 × 3.8 m
BedroomSecond level3.23 × 4.78 m
BedroomSecond level2.94 × 3.2 m
Eating areaMain level3.22 × 3.13 m
Primary BedroomSecond level3.35 × 7.62 m
BathroomBasement3.42 × 1.51 m
Recreational, Games roomBasement7.46 × 7.75 m
Utility roomBasement4.67 × 7.45 m
BedroomBasement3.16 × 3.6 m
Dining roomMain level3.35 × 4.37 m
FoyerMain level2.41 × 1.47 m
Great roomMain level3.4 × 5.19 m
KitchenMain level3.23 × 2.61 m
Laundry roomMain level2.62 × 2.53 m
Living roomMain level3.35 × 5.62 m
BathroomSecond level3.35 × 1.83 m
BathroomSecond level2.93 × 1.5 m

Features & finishes

Appliances

  • Washer
  • Refrigerator
  • Dishwasher
  • Dryer
  • Stove
  • Blinds

Heating

  • Forced air
  • Natural gas

Cooling

  • Central air conditioning

Basement

  • Full
  • Finished

Exterior

  • Brick
  • Aluminum siding

Foundation

  • Poured Concrete

Parking

  • Attached Garage
  • Garage

Sewer & Utilities

  • Sanitary sewer
  • Cable
  • Electricity
  • Sewer

Community

  • School Bus

Financing

Mortgage calculator

Estimated monthly payment

$3,858/mo

Amortization

Loan amount

$659,920

Down payment

$164,980

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Central Lakes

About the area

Census · K9K
13,359
Population
47
Median age
$98,000
Median income
$600,000
Median home value
82%
Home ownership
21 min
Avg. commute

Age distribution

0–14
14%
15–24
12%
25–44
21%
45–64
26%
65+
26%

Tenure

82% owners18% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 1540 FAIR AVENUE?

1540 FAIR AVENUE is listed for $824,900, in Central Lakes.

How many bedrooms and bathrooms does 1540 FAIR AVENUE have?

It offers 5 bedrooms and 4 bathrooms (including 1 half-bath).

What type of home is 1540 FAIR AVENUE?

1540 FAIR AVENUE is a Single Family, House set over 2 storeys.

How large is 1540 FAIR AVENUE?

The home offers approximately 2,000–2,500 sq ft of living space on a lot measuring 70.1 x 120.2 FT.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,858. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $7,430 per year.

Is there parking?

Yes — 1540 FAIR AVENUE includes 4 parking spaces.

What is the Central Lakes area like?

Central Lakes has a population of about 13,359, a median age of 47, a 82% home-ownership rate, with an average commute of about 21 minutes.

What is the average home value in Central Lakes?

The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.

What is the median household income in Central Lakes?

The median household income in this area is approximately $98,000.

Private viewings

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