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

2 Bedroom 2 Bathroom 1100 - 1500 sqft
Bungalow Central Air Conditioning Forced Air Acreage

$1,249,900

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:61423)

Property Details

MLS® Number X13110620
Property Type Single Family
Community Name Otonabee-South Monaghan
Equipment Type Propane Tank
Features In-law Suite
Parking Space Total 12
Rental Equipment Type Propane Tank
Structure Drive Shed

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Total 2
Age 31 To 50 Years
Architectural Style Bungalow
Basement Features Separate Entrance
Basement Type Full
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Block
Heating Fuel Propane
Heating Type Forced Air
Stories Total 1
Size Interior 1100 - 1500 Sqft
Type House

Parking

Attached Garage
Garage

Land

Acreage Yes
Sewer Septic System
Size Depth 2284 Ft ,6 In
Size Frontage 844 Ft ,4 In
Size Irregular 844.4 X 2284.5 Ft
Size Total Text 844.4 X 2284.5 Ft|50 - 100 Acres
Zoning Description A1

Rooms

Level Type Dimensions
Lower Level Bathroom 9.75 m x 5.49 m
Main Level Kitchen 3.71 m x 3.71 m
Main Level Dining Room 3.4 m x 3.71 m
Main Level Living Room 7.06 m x 3.51 m
Main Level Bedroom 3.81 m x 3.28 m
Main Level Primary Bedroom 4.06 m x 3.76 m

Utilities

Cable Available
Electricity Installed

https://www.realtor.ca/real-estate/29731789/1528-matchett-line-otonabee-south-monaghan-otonabee-south-monaghan

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