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About the Listing 558800 -
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!
Listing Highlights
Status
Active
Days on Site
45
Property Type
Condo/Townhome
MLS ®
X12590628
Year Built
Total Square Footage
2,750
Lot/Acreage
N/A
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment,Finished,Separate Entrance,Walk-Up
- Other: Accessory Apartment,Sump Pump,Water Heater,Water Softener
- Water:
Exterior Details
- Garage Capacity: 2 car
- Roof: Asphalt Shingle
- Others:
- Sewer:
- Parking Features: Attached
Financial Details
- Tax Amount: $10,147
- Taxes w/Assessments: N/A
- Tax/Property ID: 719530018
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
3 Lovering Ln Guelph, ON N1L 0H3
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