108 LOVETT Lane, Guelph, ON

$1,749,999
MLS#:X10876097
5 beds
4 baths
2500-3000 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Kortright West. Expertly crafted featuring premium wood and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,749,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a spacious lot (Feet)
  • Features a ["separate entrance", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Ventilation System, On Demand Water Heater, Accessory Apartment
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to the exquisite 108 Lovett Lane, a Teraview Net Zero ready home nestled on a premium, pie-shaped lot in the highly coveted Hart Village of Guelph's south end. This remarkable property stands out with its extensive list of luxurious upgrades, including soaring 10-foot ceilings on the main floor, complemented by 9-foot ceilings on the second floor and in the beautifully finished, legal two-bedroom basement apartment. The grandeur of this home is further enhanced by 8-foot doors, expansive windows, engineered hardwood floors throughout, and sleek glass railings, all of which bestow a rare sense of prestige and sophistication. Step into the open-concept kitchen, dining, and living areas, where modern design meets functional elegance—ideal for hosting dinner parties or gathering with loved ones. The kitchen is a chef’s dream, featuring ample cabinetry, stunning quartz countertops, and a striking waterfall-edge island that offers plenty of seating. With upgraded appliances and a generous walk-in pantry, you’ll find both style and practicality seamlessly blended. For added convenience, a secondary entryway from the garage leads to a well-appointed mudroom and a discreet two-piece bathroom, ensuring your home remains organized and clutter-free. Outside, the comfort of a covered porch invites you to unwind while overlooking the fully fenced backyard—a private oasis perfect for children’s play, pet adventures, or a gardener’s retreat. Upstairs, discover three spacious bedrooms, a cozy family room, and a practical laundry room. The primary suite is a true sanctuary, boasting double walk-in closets and an opulent five-piece ensuite bathroom designed for relaxation and luxury. The meticulously renovated basement, with its own private entrance, has been transformed into a stunning legal two-bedroom accessory apartment—a valuable mortgage helper capable of generating an estimated $30,000 in annual income.This home is exquisite and needs to be seen to truly be appreciated.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 10, 2025
Sold price information is available to members only
Listed Date8/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionWood , Vinyl Siding
CountyWellington
Annual Tax$7,200
Legal DescriptionLOT 12, PLAN 61M224; TOGETHER WITH AN UNDIVIDED COMMON INTEREST IN WELLINGTON COMMON ELEMENTS CONDOMINIUM CORPORATION NO. 252 SUBJECT TO AN EASEMENT AS IN ROS582488 SUBJECT TO AN EASEMENT FOR ENTRY AS IN WC594715 CITY OF GUELPH

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Fenced Yard

Community Features

Location

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108 LOVETT Lane, Guelph, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 108 LOVETT Lane, Guelph, ON N1G 0G9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,399,999.2
Monthly Mortgage$8,134
Property Tax (Est.)$600
Utilities & Maint.$350
Total Monthly Cost$9,084

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Guelph.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kortright West, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$806,264

People & Families

Age Distribution

Household Composition

One-person households
28%
Families with children
42%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English28%
Canadian22%
Scottish20%
Irish19%

Local Schools Guide

Elementary Schools

St Michael
Public9 McElderry Road, Guelph, Ontario, N1G 4W7
6.5
Rickson Ridge
Public177 Rickson Avenue, Guelph, Ontario, N1G 4Y6
7.9
Jean Little
Public56 Youngman Drive, Guelph, Ontario, N1G 4L2
7.9
Fred A Hamilton
Public160 Ironwood Road, Guelph, Ontario, N1G 3R4
6.3
Priory Park
Public275 Scottsdale Drive, Guelph, Ontario, N1G 3A1
4.6

Secondary Schools

Centennial
Public289 College Avenue West, Guelph, Ontario, N1G 1S9
8.0
College Heights
Public371 College Avenue West, Guelph, Ontario, N1G 1T3
0.0
Bishop Macdonell
Public200 Clair Road West, Guelph, Ontario, N1L 1G1
8.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied68%
Rented32%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.