1528 Matchett Line
Otonabee-South Monaghan, ON
- 4 bed
- 2 bath
- approx. 1100-1500 sqft
- Detached
- 124 days on market
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
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $4,400
- Originally Listed
- $1,249,900
- Listed
- May 8, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Age
- 31-50
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Storage
- Lot Size
- 844.43 x 2284.47 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 2
- Total Parking
- 12
Utilities
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- Wallace Point Rd and Matchett Line
- Zoning
- A1
- Parcel Number
- 281450050
- Possession
- 30-59 days
- Occupancy
- Tenant
Included
- Inclusions
- Fridge, Stove, Washer, Dryer in lower unit. Washer Dryer in Upper.
- Rental Items
- Propane Tank
Schools
Elementary
- Roger Neilson Public School4.8 km
Public · Kawartha Pine Ridge DSB · 245 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 34% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K9J
- Population
- 44,547
- Private dwellings
- 19,998
- Median age
- 44
- Average household size
- 2.3
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Otonabee-South Monaghan · last 12 months
- Median sold price
- $609,000
- Homes sold
- 102
- Median days on market
- 38
- Sale-to-list price
- 95.3%
Based on 102 recorded sales of residential freehold properties in Otonabee-South Monaghan over the last 12 months.
Rooms
4-piece on Main, 3-piece on Lower
Main
- Bathroom7'6" x 8'8"
- Bedroom 212'6" x 10'8"
- Dining Room13' x 11'11"
- Kitchen12'11" x 11'5"
- Living Room18'4" x 12'10"
- Primary Bedroom12'7" x 13'3"
Lower
- Bathroom7'6" x 8'2"
- Bedroom8'9" x 14'3"
- Bedroom 29'4" x 14'3"
- Kitchen22'9" x 12'5"
- Recreation24'7" x 12'5"
Listed by
MinCom Kawartha Lakes Realty Inc.
Walk Score
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Location
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Mortgage Calculator
$220,000
Estimated Monthly Payment
$5,404
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,404/mo (20% down, 5.5%)
Taxes: $367/mo · Insurance: $275/mo
Estimates only. Consult a financial advisor.
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