2229 Lorraine Dr is a 3-bedroom, 2-bathroom detached home in Peterborough, listed for $749,900. It has 1100-1500 sq ft of living space.
1Beautifully finished three bedroom backsplit home in highly desirable university heights location.
2THE Main floor begins with an entry foyer, sitting room, custom kitchen with quartz counters and stainless appliances, and a dining room with pool deck entry.
3THE Rear yard is a true oasis featuring an in ground pool, patio, tiki hut, and more.
Beautifully finished three bedroom backsplit home in highly desirable university heights location. This one owner family home has been cherished and offers a list of features, updates, and upgrades. THE Main floor begins with an entry foyer, sitting room, custom kitchen with quartz counters and stainless appliances, and a dining room with pool deck entry. THE Second level offers a large primary bedroom, full bathroom, and two additional bedrooms. THE Lower level is spacious and inviting featuring a family tv room with pool table and a full bathroom complete with soaker tub while the basement offers a large bonus room currently used as guest bedroom, additional storage, and laundry utility space. THE Rear yard is a true oasis featuring an in ground pool, patio, tiki hut, and more. Additional upgrades and features include a new roof 2023, new furnace 2024, pool liner 2023, and an attached heated double garage. Turn key living in this premium north end neighbourhood.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $682 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 2229 Lorraine Dr
Every detail from the listing, in one place.
Type
Detached
Style
Backsplit 4
Living space
1100-1500 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Full
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Backsplit 4
Property class
Detached
2229 Lorraine Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,684
/mo
based on the purchase price of $749,900
$149,980 cash
$599,920 financed
$505,290 total interest
Principal54%$599,920
Interest46%$505,290
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Peterborough
Other 3–4 bed homes for sale in Peterborough around $750K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings411Homes for sale here right now.
Median vs prior 90 days+4.8%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 367 sales from Jul 25 – Oct 23, 2026 (326 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 2229 Lorraine Dr
How much is 2229 Lorraine Dr listed for?
2229 Lorraine Dr is listed at $749,900 (MLS® X13731020). Summitly updates the price as soon as the MLS® record changes.
Is $749,900 a good price for 2229 Lorraine Dr?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Peterborough. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 2229 Lorraine Dr changed?
Yes — it was first listed at $759,900 and is now $749,900, a drop of $10,000 (1.3%).
How many bedrooms and bathrooms does 2229 Lorraine Dr have?
2229 Lorraine Dr has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Peterborough.
How much would the monthly mortgage be on 2229 Lorraine Dr?
About $3,684 a month — principal and interest on $749,900 with 20% down ($149,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 2229 Lorraine Dr compare with other homes in Peterborough?
Its asking price of $749,900 is about 30% above the median sold price in Peterborough over the last 90 days, $575,000, across 367 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 2229 Lorraine Dr been sold before?
Summitly has no earlier MLS® sale or lease of 2229 Lorraine Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2229 Lorraine Dr?
2229 Lorraine Dr is in Peterborough, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2229 Lorraine Dr been on the market?
52 days — 2229 Lorraine Dr was listed on September 1, 2026.
What is the price per square foot of 2229 Lorraine Dr?
About $500 to $682 per square foot: the asking price of $749,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 2229 Lorraine Dr have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 2229 Lorraine Dr have a basement, and is it finished?
