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121 Lovett Lane

Kortright West, Guelph

$1,459,000

Detached|2-Storey
4 | 4 | 6
About this home

This Teraview 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 fascinating 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.

Extras

No extras listed.

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Open houses

  • Sun, Sep 20

    2:00 PM – 4:00 PM

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age6-15
Size2500-3000 sq. ft.
Property Tax$8,260
Lot Size41.08 ft x 105.16 ft
mls© NumberX13461230
Listed ByKeller Williams Home Group Realty

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,468
Property tax
$688
Heat allowance
$150
Housing costs
$8,306 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $291,800
25-yr amortization

Income needed

$256,000

gross annual household income

Payment at 4%
$6,140 / mo
Cash down
$291,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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