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

For Sale 7 days on Market MLS® X13110620

Asking Price

$1,249,900

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

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Overview

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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. 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. One poll shed has been converted to 4 separated storage lockers rented for $1300.00 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 uptained) 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.

Bedrooms

Bathrooms

2.0

Area

1,300 sqft

Lot Size

44.3 acres

Type

Detached

Property Details

Year Built1986

CityOtonabee-South Monaghan

Postal CodeK9J6Y3

Lot Dimensions844.43 × 2284.47 ft

Parking12 spaces

Interior Features

Heat: Forced Air

Heat Source: Propane

Cooling: Central Air

Style: Bungalow

Exterior & Land

Sewer: Septic

Construction: Brick

Roof: Asphalt Shingle

Utilities & Services

Heat SourcePropane

SewerSeptic

Financial Information

List Price$1,249,900

Annual Taxes$4,400 (2025)

Days on Market7

MLS® X13110620 • Listed by MINCOM KAWARTHA LAKES REALTY INC.

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

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Purchase Calculator

Home Price

$1,249,900.00

Location

Down Payment

$262,479.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

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💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

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🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

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Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

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

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