3 Lovering Lane Guelph, Ontario N1L 0H3

$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:42776)

Property Details

MLS® Number	X12590628
Property Type	Single Family
Community Name	Kortright East
Community Features	Pets Allowed With Restrictions
Equipment Type	Water Heater
Features	In Suite Laundry, Sump Pump
Parking Space Total	4
Rental Equipment Type	Water Heater

Building

Bathroom Total	4
Bedrooms Above Ground	4
Bedrooms Below Ground	1
Bedrooms Total	5
Age	0 To 5 Years
Appliances	Water Heater, Water Softener, Window Coverings
Basement Development	Finished
Basement Features	Apartment In Basement, Separate Entrance, Walk-up
Basement Type	N/a, N/a (finished), N/a, N/a
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Stone, Vinyl Siding
Fireplace Present	Yes
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	2,750 - 2,999 Ft2
Type	House

Parking

Attached Garage
Garage

Land

Acreage

No

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Primary Bedroom	5.18 m	3.96 m	5.18 m x 3.96 m
Second Level	Bedroom 2	6.7 m	3.35 m	6.7 m x 3.35 m
Second Level	Bedroom 3	5.48 m	3.35 m	5.48 m x 3.35 m
Second Level	Bedroom 4	3.96 m	3.65 m	3.96 m x 3.65 m
Basement	Living Room	8.7 m	3.51 m	8.7 m x 3.51 m
Basement	Bedroom	4.47 m	3.63 m	4.47 m x 3.63 m
Basement	Kitchen	3.51 m	3.01 m	3.51 m x 3.01 m
Main Level	Great Room	6.7 m	3.65 m	6.7 m x 3.65 m
Main Level	Kitchen	3.96 m	3.04 m	3.96 m x 3.04 m
Main Level	Dining Room	4.87 m	3.65 m	4.87 m x 3.65 m
Main Level	Family Room	6.09 m	5.18 m	6.09 m x 5.18 m

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