$1,499,000 - 121 LOVETT LANE N/A, Guelph
Detached for Sale in Guelph
87 days on market- MLS Number
- X12916916
- Property Type
- Detached
- Status
- active
- Days on Site
- 87
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- Keller Williams Home Group Realty
This almost 3000 sq ft Terra View Net Zero ready home sits within the sought-after Hart Village in Guelph's South end. Step into the 18 foot open front foyer, and gaze into its elegant open concept main, with its soaring 9 foot ceilings. The kitchen presents quartz countertops, as well as upgraded appliances and and a walk-in pantry for more convenient storage. The living room/dining room spaces are separated by a double sided electric steam fireplace that you'll absolutely love. Out the rear sliders we come into a very trim fully fenced yard with a regulation escape window for the apartment ready basement. And if you're looking to add either an in-law suite or a second unit, there's already a completely separate entry for the basement. Upstairs features four luxurious bedrooms, including a rare set-up of two primary bedrooms, with the other two bedrooms joined by a cheater bathroom. Both primary bedrooms feature an ensuite and a walk-in closet. There's also a convenient top floor laundry to save on chore time. And a double car garage with driveway parking for at least 4 cars and NO sidewalk. We all know that the South end is the best area in the city for its convenience, and some of the best schools in the city. Rickson Ridge Public is a short 5 minute walk away. Access to the 401, the University, and all of the nearby malls and restaurants make this home an easy choice.
Estimate your monthly payments for this property
Estimated Payment
$6,630.58/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Guelph
Guelph is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Guelph
- •Convenient location in Guelph
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Guelph offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
121 LOVETT LANE N/A, Guelph
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $600/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 87 days on site, this property has exceeded the typical selling timeline for Guelph. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Guelph are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Guelph. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Guelph properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.