$719,900
2229 Lorraine Drive, Peterborough, ON K9L 1Y6
Northcrest Ward 5
Listing courtesy of Century 21 United Realty Inc.
Northcrest Ward 5 · K9L 1Y7
$719,900
$654 / sq ft1 months on market
There comes a time when home starts to mean something a little different - less upkeep, comfortable spaces, a beautiful yet easy-to-maintain yard to enjoy and a neighbourhood that already feels established. If you've started thinking about what that next chapter might look like, this one-owner bungalow in University Heights deserves a visit. Quality built by Riel Homes in 1996 and meticulously cared for ever since, this all-brick home makes a wonderful first impression with its concrete drive, mature landscaping, covered front porch and attached double garage. Step inside to a spacious foyer with garage access and an immaculate interior that reflects years of pride of ownership. Hardwood flooring flows through the main living areas, including an inviting front living room with French doors and a formal dining room. The large eat-in kitchen offers stainless steel appliances, excellent cabinetry and counter space, tile backsplash and a walkout to the two-tiered deck perfectly positioned for afternoons spent outside. The primary bedroom is tucked quietly at the back of the home overlooking the park-like yard with a walk-in closet, California shutters and newly renovated 3-piece ensuite with glass shower. A 2nd bedroom and beautifully updated 4-piece bath complete the main floor. The finished lower level adds another dimension with a spacious rec room centred around a gas fireplace, 3rd bedroom, 3-piece bath, office area and plenty of storage, with additional space offering future possibilities. Outside, mature trees, established gardens, a gazebo and afternoon sunshine create the kind of setting that has taken years to grow into. With 2024 windows, 3 updated baths, updated shingles, central air and an insulated double garage, this is more than a well-kept bungalow, it's a home that's been loved by one owner for 30 years ready for someone new to make it theirs. Even if your search is just beginning, come see where your next chapter could start.
14 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Bathroom | Main | 1.52 × 2.46 m5.0 × 8.1 ft | 3 Pc Ensuite |
| Bathroom | Main | 2.31 × 1.94 m7.6 × 6.4 ft | 4 Pc Bath |
| Bedroom | Main | 3.33 × 3.37 m10.9 × 11.1 ft | — |
| Breakfast | Main | 2.81 × 3.43 m9.2 × 11.3 ft | — |
| Dining Room | Main | 3.51 × 3.49 m11.5 × 11.5 ft | — |
| Kitchen | Main | 2.51 × 3.31 m8.2 × 10.9 ft | — |
| Living Room | Main | 3.49 × 5.21 m11.5 × 17.1 ft | — |
| Primary Bedroom | Main | 4.79 × 3.35 m15.7 × 11.0 ft | — |
| Bathroom | Basement | 2.32 × 1.75 m7.6 × 5.7 ft | 3 Pc Bath |
| Bedroom | Basement | 3.63 × 3.24 m11.9 × 10.6 ft | — |
| Office | Basement | 3.94 × 3.28 m12.9 × 10.8 ft | — |
| Recreation | Basement | 4.41 × 7.32 m14.5 × 24.0 ft | — |
| Other | Basement | 3.42 × 8.77 m11.2 × 28.8 ft | — |
| Utility Room | Basement | 2.31 × 3.41 m7.6 × 11.2 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 in line with comparable listings — about 71% 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 $719,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Century 21 United 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.
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$719,900
Northcrest Ward 5
Listing courtesy of Century 21 United Realty Inc.
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