




This 5-bedroom, 4-bathroom single family in Guelph offers 2,999 sqft of living area. 2 storeys. The property has lot dimensions of 15.5 x 29.8 M. The home features forced air, natural gas heating, central air conditioning, a finished, apartment in basement, separate entrance, walk-up basement, a fireplace. Highlights include a 4-car garage. Monthly condo fee of $180.
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! (id:60351)
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| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| — | Price Changed | X12590628 | $1,339,900 | -2.6% |
| Dec 1, 2025 | Listed For Sale | X12590628 | $1,375,000 | — |
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Listed by LEILA ZAREPOOR, HomeLife Power Realty Inc
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Listing represented by LEILA ZAREPOOR, HomeLife Power Realty Inc · MLS# X12590628
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.