62 Lovett Lane, Guelph, ON

$1,243,900
MLS#:X12740480
3 beds
3 baths
2000-2500 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kortright West. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,243,900 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 30 x 105 ft lot
  • Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, ERV/HRV, Floor Drain
  • equipped with other central cooling and highly efficient forced air heating via electric

Description

National award-winning Net Zero home proudly built by Terra View Homes, situated on an oversized pie-shaped lot with a partially fenced yard. This professionally designed home showcases a stunning modern kitchen complete with an oversized island and quartz countertops, along with top-of-the-line appliances and all window coverings included.The primary bedroom offers a true retreat, featuring a spacious walk-in closet and a luxurious 5-piece ensuite bathroom. A second-floor bonus room opens to a private deck, providing additional flexible living space. Enjoy outdoor living with a covered rear porch, and future versatility with an in-law suite roughed in. Backed by a full Tarion Warranty, this exceptional home blends award-winning design, energy efficiency, and refined comfort-and must be seen to be truly appreciated. All HST rebates are reflected in this price.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 5, 2026
Sold price information is available to members only
Listed Date1/29/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementSeparate Entrance, Unfinished
Lot Size30 × 105 Feet
CountyWellington
Annual Tax$2,138.48
Legal DescriptionLot 10, Plan 61M236

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingOther

Features

Property Features

Interior Features

Auto Garage Door Remote, ERV/HRV, Floor Drain, In-Law Capability, Solar Owned, Upgraded Insulation

Security Features

Community Features

Location

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62 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 62 Lovett Lane, Guelph, ON N1G 0H3

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Guelph.

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Interest Rate5.25%
Down Payment$248,780 (20.0%)
* Minimum Canadian down payment required for this price is $248,780.
Amortization Period25 Years
Estimated Monthly Payment$5,930Based on a loan of $995,120 over 25 years.
Purchase Price$1,243,900
Loan Amount$995,120
Provincial Land Transfer Tax:$21,353
Total Estimated Closing Taxes:$21,353

About Purchasing a Home in Guelph, ON

For a property listed at $1,243,900 in Guelph, the legal minimum down payment is $248,780 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $21,353 for this transaction. As this listing is in Guelph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $21,353.

Nearby Listings

Distance:

No current listings found in Guelph.

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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$785,876

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

Rickson Ridge
Public177 Rickson Avenue, Guelph, Ontario, N1G 4Y6
7.9
St Michael
Public9 McElderry Road, Guelph, Ontario, N1G 4W7
6.5
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.