A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 3 Lovering Lane, Guelph Ontario N1L 0H3
3 days on Market

3 Lovering Lane, Guelph, Ontario N1L 0H3

Detached
4 + 1
4
~2500-3000 sqft
$1,475,000
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Detached
4 + 1
4
~2500-3000 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$541/sqft

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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. 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!


Property Details

Style2-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size461 SqM(29.8 x 15.5)
Parking Spaces4
MLS ®NumberX12727210
Community NameArboretum
Data SourceTRREB
Listing byHomeLife Power Realty Inc

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Sep Entrance

Main Floor

Great Rm

6.7 x 3.65

Kitchen

3.96 x 3.04

Dining

4.87 x 3.65


Features

Lot size: 461 SqM

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 2

Total parking spaces 4


Property listed by HomeLife Power Realty Inc, Brokerage
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Market Data - Arboretum

Geo Zone Map ThumbnailArboretum

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2025

38 days

2024

104 days

2023

32 days

New Listings

Past 30 days

3 listings

Compared to

2025

1 listing

2024

3 listings

2023

3 listings

Units sold

Past 30 days

1 unit

Compared to

2025

2 units

2024

1 unit

2023

1 unit

Median Sold Price

Past 30 days

$1,370,000

Compared to

2025

$1,402,500

2024

$1,787,000

2023

$950,000


Population and Demographics

Overview

Total population 2690
Average household income $166,524

Age (%)

0 to 19
20%
20 to 34
19%
35 to 49
16%
50 to 64
16%
65 and plus
29%

Household composition (%)

Single family
68%
Single person
26%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
81%
Mandarin
4%
Italian
3%
Others
3%
Punjabi (Panjabi)
2%
Spanish
1%
French
1%
Polish
1%
Gujarati
1%

House tenancy (%)

Owners
82%
Renters
18%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget