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3 Lovering Lane Guelph (Kortright East), Ontario N1L 0H3

5 Bedroom 4 Bathroom 2500 - 3000 sqft
Fireplace Central Air Conditioning Forced Air

$1,475,000

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:13139)

Property Details

MLS® Number X12727210
Property Type Single Family
Community Name Kortright East
EquipmentType Water Heater
ParkingSpaceTotal 4
RentalEquipmentType Water Heater

Building

BathroomTotal 4
BedroomsAboveGround 4
BedroomsBelowGround 1
BedroomsTotal 5
Appliances Water Heater, Water Softener, Dryer, Garage Door Opener, Humidifier, Two Washers, Window Coverings
BasementDevelopment Finished
BasementFeatures Apartment In Basement, Separate Entrance, Walk-up
BasementType N/a, N/a, N/a (finished), N/a
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Stone, Vinyl Siding
FireplacePresent Yes
FoundationType Concrete
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2500 - 3000 Sqft
Type House
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 29.8 M
SizeFrontage 15.5 M
SizeIrregular 15.5 X 29.8 M
SizeTotalText 15.5 X 29.8 M

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 3.35 m x 5.48 m
Second Level Bedroom 4 3.96 m x 3.65 m
Basement Bedroom 3.63 m x 4.47 m
Basement Kitchen 3.51 m x 3.01 m
Basement Living Room 3.51 m x 8.7 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/29287157/3-lovering-lane-guelph-kortright-east-kortright-east

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