ON
Otonabee-South Monaghan
K9J6Y3
1528 Matchett Line
1528 Matchett Line, Otonabee-South Monaghan, ON K9J6Y3
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Listing Type
Single Family
Listing Status
Active
47
$1,249,900

Home Details for 1528 Matchett Line

Price
$1,249,900
Type
Residential
Bedrooms
2
Total Bathrooms
2
Listing #
X13110620
Property Description

Welcome to 1528 Matchett Line - a rare country estate where modern upgrades, multiple income streams, and peaceful rural living come together in one exceptional package. Set on picturesque farmland with endless potential, this turn-key property is the kind of opportunity investors, multi-generational families, and lifestyle buyers wait years to find. Completely transformed with extensive recent upgrades, this unique property features a newly completed legal in-law suite (2024), creating the perfect setup for extended family or strong rental income. Both living spaces offer comfortable, updated accommodations, while the property itself generates impressive additional revenue through outdoor storage rentals and farmland lease income. With approximately $66,840 in annual gross income and an estimated net operating income of over $55,000, this property delivers both lifestyle and financial freedom. The list of improvements is extensive and gives buyers true peace of mind: new septic system (2024), upgraded hydro panel (2024), owned water heater, water softener and UV system (2024), well upgrades (2022), and a new propane furnace (2026). A newly permitted 10x10 deck is also being installed, adding even more outdoor enjoyment to this already impressive property. Outside, the possibilities are endless. Whether you envision hobby farming, additional income opportunities, recreational use, or simply enjoying wide open spaces and country sunsets, this property offers the flexibility to match your vision. The blend of rural charm and modern infrastructure creates a truly turnkey investment in today's market. Properties like this rarely become available - a beautifully upgraded country property with strong cash flow, legal secondary suite potential, and multiple revenue streams already in place. Live, invest, and grow your future all from one incredible address. There is also a Tiny home on site that is available for purchase separately for extra income or to house guests!! (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Propane
  • Cooling Information
    • Central Air
  • Garage
    • 1
  • Parking
    • Attached
Listing Courtesy: MINCOM KAWARTHA LAKES REALTY INC.
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EXIT REALTY LIFTLOCK, BROKERAGE
850 Lansdowne St. W, Peterborough, ON K9J 1Z6
Paul Dion
License #: 5030680
Sales Representative
Office
705 749 3948
Agent
613 293 3337
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