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Lily Lake, Peterborough Real Estate Listings

2 Houses for Sale in Lily Lake, Peterborough
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Lily Lake Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Year over year
Past 10 years
Market Price (CAD)
$568,200
Difference over last year (%)
-3.8
Ask a REALTOR® for more detailed market information.

Lily Lake

Situated in the Greater Peterborough metropolitan area, Lily Lake is a neighbourhood within Peterborough, Ontario.

Transportation

Driving is a great medium of transportation in this neighbourhood. Parking is easy. On the other hand, commuting by public transit is very hard in this part of Peterborough. Thankfully, there are a few bus lines traversing the neighbourhood, and bus stops are usually close by. Lily Lake is not especially bicycling-friendly as the topography is not very flat, and the cycling network is quite bad. Many of the houses for sale in this part of Peterborough are located in areas that are also not very well-suited for people who prefer to travel as pedestrians as few daily errands can be run without the need to use a car.

Services

It is rarely feasible for property owners in Lily Lake to shop for their groceries by walking. Furthermore, this area is a good place in which to eat out, and home buyers benefit from a few cafes as well. With respect to education, daycares are easy to reach without needing a vehicle from any location in Lily Lake. However, there are only a very small number of high schools in this area and accordingly they can be a very long distance away. Likewise, this neighbourhood does not contain any primary schools.

Character

Lily Lake offers a slower-paced atmosphere and will appeal to those who enjoy spending time in green spaces. This neighbourhood is reasonably quiet, as noise from streets and other parts of the city is rarely an issue. Finally, there are approximately 10 public green spaces nearby for residents to check out, including Jackson Park, and they are very well-spread out, making them easy to access.

Housing

In Lily Lake, around 80% of dwellings are single detached homes, and the remaining dwellings are mainly duplexes. Most of the housing growth in this neighbourhood has taken place after the year 2000. This neighbourhood is particularly good for those looking for four or more bedroom homes. Nearly 90% of the properties in the neighbourhood are occupied by homeowners while renters occupy the remainder.

Summary

Lily Lake is a peaceful neighborhood in Peterborough, Ontario, with easy access to parking and a calm atmosphere. It is an ideal location for those seeking quiet surroundings and spacious housing options, with single detached homes and townhouses being the predominant housing types. The majority of residents in this area are homeowners, enjoying the benefits of comfortable and modern living in homes built after 2000. Although it may not be well-suited for pedestrians, the proximity to nearby parks and green spaces offers a peaceful retreat for residents. With its tranquil streets and attractive housing options, Lily Lake is a desirable neighborhood for those seeking a peaceful and comfortable living experience.