
This property was sold on October 4, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $959,999 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.
Welcome to this incredible BUNGALOFT at 3040 Monarch where modern style and functionality combine to form your dream home. With over 2700 SQFT of open concept design featuring the most stylistic finishes and upgrades throughout. Backing onto environmentally protected land with nothing but tall mature trees and close to all amenities plus Lake Couchiching this home offers one of the best locations in Orillia. This very unique property offers a very rare interior design with all the convenience of 2 bedrooms and 3 bathrooms on the main floor plus an additional bedroom, bathroom, and loft located in the upper level. The living room features 20 foot ceilings and a fireplace for an over the top experience making memories with your family. Step outside into your fantastic yard and enjoy the hot tub, deck and bright Orillia sun for those family get together's.
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This detached home located at 3040 Monarch Drive, Orillia is currently for sale and has been available on SousaSells for 742 days. This property is listed at $959,999 with an estimated mortgage of $3,195* per month. It has 3 beds, 4 bathrooms, and is 2500-3000 square feet. 3040 Monarch Drive, Orillia is in the Orillia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Orillia, Orillia.
Families, couples, or downsizers looking for a well-proportioned home in Orillia.
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The current listing price for 3040 Monarch Drive, Orillia, ON in Orillia, Orillia is $959,999.
This property features 3 bedrooms and 4 bathrooms across approximately 2500-3000 sqft.
3040 Monarch Drive, Orillia, ON is a Detached (Bungaloft) featuring a Unfinished basement.
Key property features include: Hospital, Park, Public Transit, Rec./Commun.Centre, School, School Bus Route.
Interior highlights include: Other.
Yes, this property offers parking space for 5.0 vehicles (Attached).
Heating is provided via Gas and cooling via Central Air.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 3040 Monarch Drive N, Orillia, ON L3V 8K3
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 $959,999 in Orillia, the legal minimum down payment is $71,000 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 $15,675 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 $15,675.
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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.