1528 MATCHETT LINE, Otonabee-South Monaghan, Ontario, K9J6Y3
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:2471)
ROYAL HERITAGE REALTY LTD., BROKERAGE
- 705-212-9996
- (705) 328 3800
- (705) 878 3422
- Info@Jancsiks.com
- Property Address: 1528 MATCHETT LINE, Otonabee-South Monaghan, Ontario, K9J6Y3
- Community Name: Otonabee-South Monaghan
- Property Type: Single Family
- Zoning Description: A1
- Title: Freehold
- Lot Size: 844.4 x 2284.5 FT
- Acreage: 844.4 x 2284.5 FT|50 - 100 acres
- Sewage Type: Septic System
- Driveway: Attached Garage, Garage
- Total Parking Spaces: 12
- Structure Style: House
- Style: Detached
- Storeys: 1
- Floor Space: 1100 - 1500 sqft
- Building Age: 31 to 50 years
- Bedrooms: 2
- Bathrooms: 2-Total
- Basement Type: Full
- Heating Type: Propane, Forced air
- Cooling: Central air conditioning
- Exterior Type: Brick
- Foundation Type: Block
- Structures: Drive Shed
- In-Law Suite
| Type | Level | Dimensions |
|---|---|---|
| Bathroom | Lower level | 9.75 m x 5.49 m |
| Kitchen | Main level | 3.71 m x 3.71 m |
| Dining room | Main level | 3.4 m x 3.71 m |
| Living room | Main level | 7.06 m x 3.51 m |
| Bedroom | Main level | 3.81 m x 3.28 m |
| Primary Bedroom | Main level | 4.06 m x 3.76 m |
Listing Office: MINCOM KAWARTHA LAKES REALTY INC.
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