$1,100,000
↓ $149,900 from $1,249,900
Est. payment $4,871/moCalculate yours
1528 Matchett Line, Otonabee-South Monaghan, ON K9J 6Y3
Otonabee-South Monaghan, Otonabee-South Monaghan, ON K9J 6Y3
- 2 + 2 Beds
- 2 Baths
- 2 Garage
- 1,100 Sq Ft
Listing courtesy of MinCom Kawartha Lakes Realty Inc. MLS® X13110620
About this home
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 10×10 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
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 31-50
- Size
- 1,100 sqft
Interior
- Bedrooms
- 2 + 2
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Full, Separate Entrance
Building & Systems
- Heating
- Forced Air (Propane)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 844.43 x 2284.47 Feet
- Parking
- Attached garage · 12 total
- Zoning
- A1
Financial
- Property Taxes
- $4,400 (2025)
Location
- Neighbourhood
- Otonabee-South Monaghan
- Cross Street
- Wallace Point Rd and Matchett Line
- Direction Faces
- West
Listing
- MLS® Number
- X13110620
- Days on Market
- 163
- Listed On
- 2026-05-08
- Possession
- TBA
- Listed By
- MinCom Kawartha Lakes Realty Inc.
Rooms
Features
Interior
- Accessory Apartment
- In-Law Suite
- Primary Bedroom - Main Floor
- Storage
Pool
- None
- Included
- Fridge, Stove, Washer, Dryer in lower unit. Washer Dryer in Upper.
- Rental items
- Propane Tank
Mortgage calculator
Estimated mortgage payment
$4,871 per month
- Principal and interest
- $4,871
- Property tax
- $367
- Condo fees
- $0
- Estimated monthly cost
- $5,237
Your mortgage
- Mortgage amount
- $880,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $581,169
Cash to close
- Down payment
- $220,000
- Land transfer tax
- $18,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $238,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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