$719,900
2229 Lorraine Drive, Peterborough, ON K9L 1Y6
Northcrest Ward 5
Listing courtesy of Century 21 United Realty Inc.
Northcrest Ward 5 · K9H 5P8
$799,000
$320 / sq ft2 months on market
Excellent investment opportunity in the heart of Peterborough! This 2.5-storey duplex is ideally situated on a quiet one way street overlooking Inverlea Park and the Otonabee River. The charming lower unit features hardwood floors, original trim and doors, a 4-piece bath, laundry, a modern kitchen, front porch, and private yard; ideal as an owner's suite. The spacious upper unit offers 5 bedrooms with separate laundry in the basement, making it an excellent income generator. The flexible layout also offers the potential to be easily converted back into a spacious single-family home if desired. Conveniently located within walking distance to downtown, close to Trent University, public transit, the beach, park, trails, and all amenities.
15 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Foyer | Main | 1.63 × 1.46 m5.3 × 4.8 ft | — |
| Office | Main | 3.82 × 3.09 m12.5 × 10.1 ft | — |
| Bedroom | Main | 3.60 × 4.86 m11.8 × 15.9 ft | — |
| Dining Room | Main | 3.60 × 4.11 m11.8 × 13.5 ft | — |
| Living Room | Main | 3.59 × 3.55 m11.8 × 11.6 ft | — |
| Kitchen | Main | 3.66 × 3.55 m12.0 × 11.6 ft | — |
| Laundry | Main | 2.16 × 3.68 m7.1 × 12.1 ft | — |
| Bedroom | Second | 3.27 × 2.63 m10.7 × 8.6 ft | — |
| Bedroom | Second | 3.77 × 4.20 m12.4 × 13.8 ft | — |
| Bedroom | Second | 3.91 × 4.04 m12.8 × 13.3 ft | — |
| Bedroom | Second | 3.60 × 3.85 m11.8 × 12.6 ft | — |
| Bedroom | Third | 2.82 × 4.16 m9.3 × 13.6 ft | — |
| Family Room | Third | 5.75 × 3.73 m18.9 × 12.2 ft | — |
| Game Room | Third | 2.83 × 2.61 m9.3 × 8.6 ft | — |
| Kitchen | Third | 3.10 × 3.79 m10.2 × 12.4 ft | — |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 81% of comparable detached listings in Northcrest Ward 5 are asking less.
Based on 48 comparable active detached listings in Northcrest Ward 5. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $799,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of The Nook Realty Inc.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
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Northcrest Ward 5
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