Homes for sale - 3 Lovering LN, Guelph, ON N1L 0H3

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Mahesh Khatri

mkhatri.teammahesh@gmail.com +1(416) 464-6568

$ 1,575,000

Est. payment | -/mo

5 Beds

4 Baths

Save

$ 1,575,000

Est. payment | -/mo

Save

5 Beds

4 Baths

Key Details

Property Type Condo

Sub Type Detached Condo

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2750-2999

Subdivision Kortright East

MLS Listing ID X12590628

Style 2-Storey

Bedrooms 5

HOA Fees $180

Annual Tax Amount $10,147

Tax Year 2025

Property Sub-Type Detached Condo

Property Description

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!

Location

Province ON

County Wellington

Area Wellington

Rooms

Family Room No

Basement Apartment, Finished, Separate Entrance, Walk-Up

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Accessory Apartment, Sump Pump, Water Heater, Water Softener

Cooling Central Air

Fireplace Yes

Heat Source Gas

Exterior

Garage Spaces 2.0

Waterfront Description None

Roof Type Asphalt Shingle

Exposure North

Total Parking Spaces 4

Balcony None

Building

Building Age 0-5

Story 1

Locker None

Others

Pets Allowed Yes-with Restrictions

ParcelsYN No

Listed by HomeLife Power Realty Inc

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

3 Lovering LN Guelph, ON N1L 0H3