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:56087)
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
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 |
Length |
Width |
Dimensions |
|
Lower Level |
Bathroom |
9.75 m |
5.49 m |
9.75 m x 5.49 m |
|
Main Level |
Kitchen |
3.71 m |
3.71 m |
3.71 m x 3.71 m |
|
Main Level |
Dining Room |
3.4 m |
3.71 m |
3.4 m x 3.71 m |
|
Main Level |
Living Room |
7.06 m |
3.51 m |
7.06 m x 3.51 m |
|
Main Level |
Bedroom |
3.81 m |
3.28 m |
3.81 m x 3.28 m |
|
Main Level |
Primary Bedroom |
4.06 m |
3.76 m |
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
