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    For Sale - 1528 Matchett Line, Otonabee-South Monaghan, Ontario

    Est payment $5,282/mo
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    Views   2
    Time on Jump  161 day

    AI Summary *

    • Over 50 acres with diverse income potential from multiple rental units.
    • Brand new lower level in-law suite enhances living and investment options.
    • Main floor rented to long-term tenant, providing steady monthly income.
    • Additional rental units in converted shed increase overall cash flow.
    • Prime location just 10 minutes from Peterborough and major highways.




    Attention investors! $66,700 annual income! Welcome to 1528 matchett line - situated of just over 50 acres! This home offer a brand new lower level 2 bedroom in-law suite properly permitted and beautifully finished - buy now and move in august 17-2026. The main floor offers 2 beds and 1 bath and is rented for $2050. 00 per month to a long term tenant. Lower level is rented for $2000 (moving out august 17th). One poll shed has been converted to 4 separated storage (3 units currently rented for $300 each per month. Local farmer leases the barn and 50 acres for beef cattle ($2500 annually) and is willing to stay on or move. Upgrades include new septic (2024) new propane furnace (2026) uv system (2024) hot water heater (2024) water softener (2024) well upgrade (2022) a new 10x10 deck has been ordered and will be installed prior to closing (permits being obtained) this property is located just 10 mins to peterborough and offers easy access to hwy 115/35/407. All out buildings are in terrific condition. Please allow 24 hrs notice for all showings. Seller is a licensed real estate broker. Lower tenant leaving august 17-2026
    Listing IDX13110620
    Address1528 Matchett Line
    CityOtonabee-South Monaghan, Ontario
    Price$1,100,000
    Bed / Bath4 / 2 Full
    StyleBungalow, Detached
    ConstructionBrick
    Land Size51.31
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, StorageOwnership FreeholdWaterfront NoneBasement Full, Separate EntranceFoundation BlockHeating / Cooling Forced AirHeating Fuel PropaneSewer Septic

    Parking 12.00
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    Listing Brokerage: MinCom Kawartha Lakes Realty Inc.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1528 Matchett Line
    Otonabee-South Monaghan , Ontario
    4 2 $1,100,000
    Get more info