3 Lovering Lane, Guelph, ON N1L 0H3, Guelph, ON, N1L 0H3
MLS: X12590628 | Detached Condo
$1,339,900
Property Description
Welcome to 3 Lovering Lane, a modern and spacious family home in Guelph's prestigious Kortright East neighbourhood. Built in 2021 and exceptionally maintained, this nearly-new 2-storey residence offers an impressive 2,820 sq ft above grade, featuring 5 large bedrooms, 3.5 bathrooms, and a professionally finished legal basement apartment-perfect for multigenerational living or generating rental income to offset your mortgage. The main floor boasts an expansive open-concept layout where the kitchen, dining room, and family room flow seamlessly along the back of the home. Large windows and sliding doors bring in natural light and open onto a virgin backyard, offering a blank canvas for your landscaping dreams. Upstairs, every bedroom is spacious, including a primary bedroom, giving you comfort, space, and privacy. A major highlight is the legal 1-bedroom basement apartment, complete with a full 4-pc bathroom, a huge living/dining area, large bedroom, and a finished kitchen. This suite features its own private separate side entrance, making it ideal for in-laws, or as a rental unit. With demand for quality rentals in this area, this space can be leased to significantly help with monthly mortgage payments. Located in a quiet family friendly neighborhood, homeowners enjoy low-maintenance living with snow removal, private road maintenance, and common area upkeep included, as well as additional dedicated visitor parking. Close to the University of Guelph, excellent schools, parks, shopping, transit, and all amenities. A rare opportunity to own a modern, income-generating home in one of Guelph's most sought-after neighbourhood!
Quick Facts
- Property Type: Detached Condo
- Style: 2-Storey
- Bedrooms: 5 (4 above, 1 below)
- Bathrooms: 4
- Fireplaces: Yes
- Parking: 4.0 spaces
Costs
- Annual Taxes: $10,147.00 (2025)
- Condo/HOA Fee: $180.00
- Corp: WVLCC
- Includes: Parking Included, Common Elements Included
Listing Provided by: HomeLife Power Realty Inc
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: Central Air
- Basement: Apartment, Finished, Separate Entrance, Walk-Up
Exterior & Construction
- Style: 2-Storey
- Roof: Asphalt Shingle
- Construction: Stone, Vinyl Siding
Community & Neighbourhood
- Neighbourhood: Kortright East
Listing Information
Listing History
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3 Lovering Lane, Guelph, ON N1L 0H3, Guelph, ON, N1L 0H3