This property was sold on July 13, 2026. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $791,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Take advantage of new rebates with revised pricing! This is the kind of home people are gravitating toward when they want space, style, and a community that's still growing with intention. Built by Dreamland Homes, this newly constructed Ridgewood Elevation B sits on a 40 ft lot in one of Orillia's fastest-expanding neighbourhoods, offering a balance of modern design and timeless curb appeal with its classic brick and stone exterior. Inside, approximately 1,875 sq. ft. of thoughtfully designed living space unfolds with 9 ft ceilings on the main floor, creating a bright, open atmosphere. A curated selection of upgrades elevates the home throughout, including hardwood flooring, upgraded ceramic tile, and a beautifully finished kitchen featuring enhanced cabinetry and countertops, a deep fridge cabinet, and a sleek chimney-style range hood. With three bedrooms, the layout offers flexibility for growing families, guests, or a dedicated home office. The primary suite is designed for everyday comfort, complete with a walk-in closet and a private ensuite that feels like a true retreat. Positioned for both convenience and lifestyle, you're just minutes from Costco, Lakehead University, Walter Henry Park, and a variety of shopping and dining options. Easy access to Highway 11 and Highway 400 keeps commuting simple, whether you're heading into the city or escaping north for the weekend. As Orillia continues to evolve into a vibrant, well-connected city, it still holds onto the small-town feel that draws people in. This is an opportunity to own a brand-new home in a thriving area, with access to Toronto, proximity to Muskoka, and the kind of outdoor lifestyle that makes the region so sought after. Certain images have been digitally modified to enhance presentation, including the removal of seasonal elements.
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This detached home located at 2966 Monarch Drive, Orillia is currently for sale and has been available on SousaSells for 106 days. This property is listed at $791,900 with an estimated mortgage of $2,636* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 2966 Monarch Drive, Orillia is in the Orillia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2966 Monarch Drive, Orillia, ON L3V 8M8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Orillia.
About Purchasing a Home in Orillia, ON
For a property listed at $791,900 in Orillia, the legal minimum down payment is $54,190 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,313 for this transaction. As this listing is in Orillia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,313.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.