1528 Matchett Line
Otonabee-South Monaghan / Otonabee-South Monaghan, ON K9J 6Y3
About This Property
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
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13110620
Listed by MinCom Kawartha Lakes Realty Inc.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
asking price
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$5,371
/month · $880,000 mortgage
Amortization
Total Interest
$731,434
Total Cost
$1,611,434
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
MinCom Kawartha Lakes Realty Inc.