2138 Lorraine Dr

FOR SALE
$1,174,000
2138 Lorraine Dr, Peterborough
2138 Lorraine Dr
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3 + 1
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
19
ROOMS
X8224982
MLSID
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Property Description
Beautifully appointed executive home with LEGAL 1 bedroom conforming secondary suite (July 2020).The fully fenced backyard offers a private oasis with pool, perennial gardens, garden shed & 2 deck areas.Notable features of this stunning home include 3 bedrooms, 3 bathrooms, sunken family room with fireplace, living room which could double as a dining area, gourmet kitchen with Quartz counters, extra large island, stainless steel appliances, spacious pantry with custom built in natural birch shelving & drawers, wet bar area, separate laundry with access to the garage & engineered brushed finished American hickory flooring through-out.The second floor offers a large primary bedroom with stunning 3 piece ensuite & spacious walk in closet with Italian melamine built in cabinetry, 2 bedrooms and a separate 3 piece bath.The beautiful backyard can be accessed via 2 separate sliding glass doors directly to private sun decks overlooking the pool.The secondary suite offers a private separate entrance, open concept living, dining & kitchen, spacious bedroom, separate laundry & 3 piece bath. Perfect home for a multigenerational family or income property with the present AAA+++ professional tenants ($2000/month) in the secondary lower suite. Pre home inspection is available.Roof 2017, A/C 2020, Pool Liner May 2022, Pool Safety Cover 2021
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-04-20 2022-05-05 15 $1,850 $2,000 Leased
2020-07-11 2020-07-20 9 $1,500 $1,500 Leased
Extras
200AMP service in house, 60AMP in garage for electrical rough in for a future Level 2 charging station. More information provided in the document section for your Realtor.
Property Features
Fenced Yard, Hospital, Public Transit, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
66' x 111'
Acreage
< .50
Fronting
West
Taxes
$6,200 (2024)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
BreakfastMain8.53' x 10.47'Combined W/Kitchen, O/Looks Pool, W/O To Deck
FamilyMain12.37' x 10.96'Hardwood Floor, Combined W/Dining
KitchenMain11.06' x 21.95'Quartz Counter, Pantry, Stainless Steel Appl
LaundryMain7.74' x 7.58'W/O To Garage
LivingMain14.99' x 11.02'Sunken Room, Electric Fireplace, Hardwood Floor
Bathroom2nd4.95' x 9.42'Tile Floor, 3 Pc Bath, Quartz Counter
Bathroom2nd10.30' x 11.19'4 Pc Ensuite, Tile Floor, Quartz Counter
2nd Br2nd10.01' x 10.37'Hardwood Floor, Closet, Closet Organizers
3rd Br2nd10.60' x 10.40'Hardwood Floor, Closet, Closet Organizers
Prim Bdrm2nd16.57' x 11.06'W/I Closet, Hardwood Floor
KitchenBsmt13.39' x 11.12'Combined W/Living, Combined W/Dining, Combined W/Br
BathroomBsmt8.14' x 10.17'3 Pc Ensuite, Hardwood Floor
Peterborough Market Statistics
Peterborough Price Trend
2138 Lorraine Dr is a 3-bedroom 4-bathroom home listed for sale at $1,174,000, which is $522,588 (80.2%) higher than the average sold price of $651,412 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom home in Peterborough increased by $51,747 (8.6%) compared to the previous 30 day period (February 29 - March 29) and down $17,922 (2.7%) from the same time one year ago.
Inventory Change
There were 77 3-bedroom homes listed in Peterborough over the last 30 days (March 30 - April 28), which is up 42.6% compared with the previous 30 day period (February 29 - March 29) and up 126.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Peterborough typically sold ($10,329) (1.6%) below asking price over the last 30 days (March 30 - April 28), which represents a $8,483 decrease compared to the previous 30 day period (February 29 - March 29) and ($9,981) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Peterborough over the last 30 days (March 30 - April 28) stood at 74.0%, down from 90.7% over the previous 30 days (February 29 - March 29) and down from 94.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Peterborough stood at 11 days when successfully sold over the last 30 days (March 30 - April 28), compared to 34 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Service Real Estate Inc.
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