1528 Matchett Line, Otonabee-South Monaghan, ON K9J 6Y3

$1,100,000
4
BD
2
BA
1,100
SqFt

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List Price
$1,100,000
Price Change
▼ $89,900 1783460930
MLS#
X13110620
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
4
Bathrooms
2
Living Area
1100-1500
Province
ON
Municipality
Otonabee-South Monaghan
Area
Peterborough
Neighborhood
Otonabee-South Monaghan
Subdivision
Wallace Point Rd And Matchett Line

Property Description

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

Additional Information

Taxes
$4,400
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Kitchens
2
Exterior
Brick
Waterfront Type
None
Garage Spaces
2
Garage Type
Attached
Pool
None
Parking Spaces
12
Parking Type
Private

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of MinCom Kawartha Lakes Realty Inc..