3040 Monarch Dr N

Orillia, Orillia, L3V 8K3
FOR SALE
$959,999
3040 Monarch Dr N, Orillia
3040 Monarch Dr N
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3
BEDROOMS
4
BATHROOMS
1
KITCHENS
9
ROOMS
S9054901
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Property Description
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.
Property Features
Hospital, Park, Public Transit, Rec Centre, School, School Bus Route
Property Details
Community
Property Type
Detached, Bungaloft
Approximate Sq.Ft.
2500-3000
Lot Size
49' x 128'
Fronting
North
Taxes
$7,895 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningMain11.52' x 20.24'Hardwood Floor, Window, Separate Rm
LivingMain13.81' x 17.26'Hardwood Floor, Vaulted Ceiling, Fireplace
KitchenMain14.11' x 11.52'Quartz Counter, B/I Appliances, Open Concept
BreakfastMain8.86' x 11.52'W/O To Yard, Combined W/Kitchen, Open Concept
Prim BdrmMain13.16' x 17.49'W/I Closet, 5 Pc Ensuite, Broadloom
2nd BrMain11.75' x 13.39'W/I Closet, 4 Pc Ensuite, Broadloom
LaundryMain7.61' x 8.66'Tile Floor, Window
3rd Br2nd11.55' x 11.38'Broadloom, Window, Closet
Loft2nd12.20' x 13.88'Hardwood Floor, Window
Orillia Market Statistics
Orillia Price Trend
3040 Monarch Dr N is a 3-bedroom 4-bathroom home listed for sale at $959,999, which is $333,055 (53.1%) higher than the average sold price of $626,944 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Orillia declined by $25,703 (3.9%) compared to the previous 30 day period (July 22 - August 20) and down $51,706 (7.6%) from the same time one year ago.
Inventory Change
There were 39 3-bedroom homes listed in Orillia over the last 30 days (August 21 - September 19), which is up 69.6% compared with the previous 30 day period (July 22 - August 20) and up 44.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Orillia typically sold ($18,794) (3.0%) below asking price over the last 30 days (August 21 - September 19), which represents a $4,929 increase compared to the previous 30 day period (July 22 - August 20) and ($11,794) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Orillia over the last 30 days (August 21 - September 19) stood at 46.2%, down from 73.9% over the previous 30 days (July 22 - August 20) and down from 74.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Orillia stood at 20 days when successfully sold over the last 30 days (August 21 - September 19), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Credit Valley Real Estate
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