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3 Lovering Lane Guelph, Ontario N1L 0H3

5 Bedroom 4 Bathroom 2750 - 2999 sqft
Fireplace Central Air Conditioning Forced Air

$1,575,000

Maintenance, Parking, Common Area Maintenance

$180 Monthly

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 (Condo corporation allows one family rental, but not student rental). With demand for quality rentals in this area, this space can be leased to significantly help with monthly mortgage payments. Located in a quiet, private Vacant Land Condominium community, homeowners enjoy low-maintenance living with snow removal, private road maintenance, and common area upkeep included. 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! (id:63008)

Property Details

MLS® Number X12590628
Property Type Single Family
Community Name Kortright East
CommunityFeatures Pets Allowed With Restrictions
EquipmentType Water Heater
Features In Suite Laundry, Sump Pump
ParkingSpaceTotal 4
RentalEquipmentType Water Heater

Building

BathroomTotal 4
BedroomsAboveGround 4
BedroomsBelowGround 1
BedroomsTotal 5
Age 0 To 5 Years
Appliances Water Heater, Water Softener, Window Coverings
BasementDevelopment Finished
BasementFeatures Apartment In Basement, Separate Entrance, Walk-up
BasementType N/a, N/a (finished), N/a, N/a
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Stone, Vinyl Siding
FireplacePresent Yes
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2750 - 2999 Sqft
Type House

Parking

Attached Garage
Garage

Land

Acreage No

Rooms

Level Type Dimensions
Second Level Primary Bedroom 5.18 m x 3.96 m
Second Level Bedroom 2 6.7 m x 3.35 m
Second Level Bedroom 3 5.48 m x 3.35 m
Second Level Bedroom 4 3.96 m x 3.65 m
Basement Living Room 8.7 m x 3.51 m
Basement Bedroom 4.47 m x 3.63 m
Basement Kitchen 3.51 m x 3.01 m
Main Level Great Room 6.7 m x 3.65 m
Main Level Kitchen 3.96 m x 3.04 m
Main Level Dining Room 4.87 m x 3.65 m

https://www.realtor.ca/real-estate/29151175/3-lovering-lane-guelph-kortright-east-kortright-east

Leila Zarepoor
Salesperson


Homelife Power Realty Inc
1027 Gordon Street, Unit 2 & 3
Guelph, Ontario N1G 4X1

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