$1,249,900
FOR SALE

Detached Bungalow

Bedrooms: 2Bathrooms: 2Lot: 844.43 x 2,284.47 ft
2025 Taxes: $4,400

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

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!!
Extras
Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Storage
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Listed By MINCOM KAWARTHA LAKES REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13110620
Last Updated May 12, 2026
Property Summary
Property Type Detached

More like this:
PIN 281450050
Legal Description See Relator Remarks
Possession Date TBA
Taxes (2025) $4,400
Directions/Cross Streets Wallace Point Rd and Matchett Line
Neighbourhood Otonabee-South Monaghan
Area Peterborough
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 2
Bathrooms 2
Lot 844.43 x 2,284.47 ft
Exterior Brick
Air Conditioning Central Air
Basement Full, Separate Entrance
Garage Type Attached
Garage/Park Spaces Y
Parking Spaces 10
Heat Source Propane
Heat Type Forced Air
Sewers Septic

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