1540 Fair Avenue, Peterborough, ON K9K 1T2
Monaghan Ward 2, Peterborough · Near Glenforest Blvd & Fair Ave · View map
About this home
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.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 4
- Kitchens
- 1
- Rooms
- 11
- Basement
- Full, Finished
- Lot size
- 70.1 x 120.2 ft
- Faces
- West
- Approximate age
- 31-50 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Carbon Monoxide Detectors
- Exterior
- Aluminum Siding, Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 2
- Driveway spaces
- 2
- Total parking
- 4
- Parking features
- Private
Taxes & other
- Property taxes
- $7,430/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- Flexible / 60 Days
- Cross street
- Glenforest Blvd & Fair Ave
- Neighbourhood
- Monaghan Ward 2
More
- Price per sq ft
- ~$333 (at 2,250 sq ft)
- MLS® number
- X13797346
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The home and its surroundings
- In-Law Capability
- Hospital
- Public Transit
- School
- School Bus Route
- Patio
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1540 Fair Avenue, Peterborough, ON K9K 1T2
Monaghan Ward 2, Peterborough · Near Glenforest Blvd & Fair Ave
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Listing history for 1540 Fair Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1540 Fair Avenue
Answers come straight from this home’s MLS® listing.
How much is 1540 Fair Avenue listed for, and what would it cost each month?
1540 Fair Avenue is listed for $749,000. With 20% down ($149,800), the mortgage payment would be roughly $3,021 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,640 a month, all in. That figure is an illustration, not a quote.
Is 1540 Fair Avenue freehold or a condo, and is there a monthly fee?
1540 Fair Avenue is a 2-storey detached home in Monaghan Ward 2, Peterborough. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 1540 Fair Avenue have?
1540 Fair Avenue has 4 bedrooms, plus 1 more bedroom in the basement, and 4 bathrooms.
Does 1540 Fair Avenue have a garage and parking?
Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 2 spaces. In total the listing counts 4 parking spaces.
Does 1540 Fair Avenue have a finished basement?
The listing describes the basement as full, finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 1540 Fair Avenue?
1540 Fair Avenue is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 1540 Fair Avenue, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 70.1 x 120.2 ft.
How is 1540 Fair Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 1540 Fair Avenue?
Property taxes are $7,430 a year (2025), or about $619 a month.
Where is 1540 Fair Avenue?
1540 Fair Avenue is in the Monaghan Ward 2 community of Peterborough. The nearest main intersection is Glenforest Blvd & Fair Ave. The postal code is K9K 1T2.
Is 1540 Fair Avenue still for sale?
Yes. It is an active listing (MLS® X13797346). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 1540 Fair Avenue asking?
Similar detached homes for sale nearby right now include 630 Lemay Grove at $749,900 (4 bed), 635 Lemay Grove at $745,000 (4 bed) and 958 Smithside Court at $715,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1540 Fair Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1540 Fair Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Monaghan Ward 2, picked by style, size and price.
2-storey detached home$749,900630 Lemay Grove, Peterborough4 bed · 4 bath · Monaghan Ward 2Courtesy of: RE/MAX TWIN CITY REALTY INC.View home →
2-storey detached home$745,000635 Lemay Grove, Peterborough4 bed · 4 bath · Monaghan Ward 2Courtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →
2-storey detached home$715,000958 Smithside Court, Peterborough4 bed · 3 bath · Monaghan Ward 2Courtesy of: Coldwell Banker Electric RealtyView home →Courtesy of: Century 21 United Realty Inc.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.