New
45
$719,900
2229 Lorraine Drive, Peterborough, ON K9L 1Y6
Northcrest Ward 5
3 bd
2 ba
1,100 sf
6
2 days on marketMLS® X14140910
Listing courtesy of Century 21 United Realty Inc.
1 / 38
For saleMLS® X14023018
504 Settler's Ridge NW, Peterborough, ON K9L 2A6
Northcrest Ward 5 · K9L 2A6
$720,000
$480 / sq ft3 weeks on market
- Bedrooms
- 2+1
- Bathrooms
- 3
- Interior
- 1,500 sf
- Parking
- 3
- Lot
- 48 × 101 ft
- Age
- 16-30 years
What's special
- Attached garage
- Central air
- Walk-out basement
- Fireplace
- Auto garage door remote
- Guest accommodations
- In-law capability
- Primary bedroom - main floor
About this property
Welcome to this charming 2+1 bedroom, 3-bathroom bungalow! Beautifully built by Cleary, this all-brick home is ideally situated in a desirable north-end neighbourhood of Peterborough, centrally located near the Peterborough Zoo and the scenic Otonabee River. Set on a corner lot, this inviting home features an abundance of bright windows throughout. The spacious living room offers plenty of natural light and Hunter Douglas shades, while the eat-in kitchen provides a comfortable space for everyday living. An additional sitting area off the dining room creates the perfect spot to relax or entertain.The finished basement offers excellent additional living space, complete with a sliding glass walkout, numerous above-grade windows, a cozy gas fireplace, a three-piece bathroom, and an extra-large bedroom. The unfinished area provides endless possibilities, whether you envision a playroom, hobby space, or additional storage. Outside, enjoy the beautiful perennial gardens, highlighted by mature Rose of Sharon trees, adding charm and colour to this lovely property. A wonderful opportunity to enjoy comfortable living in a sought-after Peterborough location, close to parks, nature, and local amenities!
Rooms
7 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 16.88 × 4.57 m55.4 × 15.0 ft | Bay Window · Broadloom · Vaulted Ceiling(s) |
| Kitchen | Main | 2.74 × 4.08 m9.0 × 13.4 ft | Breakfast Bar · Linoleum · Window |
| Other | Main | 3.47 × 2.43 m11.4 × 8.0 ft | Window · Broadloom |
| Bedroom | Main | 5.48 × 3.35 m18.0 × 11.0 ft | Walk-In Closet(s) · 4 Pc Ensuite · Broadloom |
| Bedroom 2 | Main | 3.16 × 3.04 m10.4 × 10.0 ft | Walk-In Closet(s) · 3 Pc Ensuite · Broadloom |
| Family Room | Basement | 8.90 × 6.40 m29.2 × 21.0 ft | W/O To Patio · Fireplace · Finished |
| Bedroom 3 | Basement | 6.03 × 3.69 m19.8 × 12.1 ft | Broadloom · Above Grade Window · Walk-In Closet(s) |
Features
- Auto Garage Door Remote
- Guest Accommodations
- In-Law Capability
- Primary Bedroom - Main Floor
- Water Heater Owned
Property details
Property
- Property type
- detached
- Bedrooms
- 2 + 1
- Bathrooms
- 3
- Interior size
- 1,500 sq ft
- Year built
- 16-30
- Lot size
- 48 × 101 ft
- Possession
- TBD
Interior
- Basement
- Walk-Out, Partially Finished
- Heating
- Forced Air · Gas
- Cooling
- Central Air
- Fireplaces
- 1
- Exposure
- West
Exterior & services
- Construction
- Brick
- Garage
- Attached
- Parking spaces
- 3
- Sewer
- Sewer
Costs
- List price
- $720,000
- Property taxes
- $6,988 / year (2025)
- Price per sq ft
- $480
- Rental items
- NONE
Listing
- MLS® number
- X14023018
- Status
- For sale
- Listed
- October 13, 2026
- Days on market
- 22
- Last updated
- November 3, 2026
- Listing brokerage
- Coldwell Banker 2M Realty
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 75% of comparable detached listings in Northcrest Ward 5 are asking less.
$496KMedian $580K$927K
- This home
- $480 / sq ft
- Comparable median
- $520 / sq ft
Based on 48 comparable active detached listings in Northcrest Ward 5. These are asking prices, not sale prices.
Mortgage estimate
Down payment6.5% · minimum $47,000
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $3,721.13
- Property tax (est.)
- $582.33
- Estimated monthly
- $4,303
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $10,875
- Total due on closing
- $10,875
An estimate on the asking price of $720,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Coldwell Banker 2M Realty. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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