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Property Description
Absolutely stunning 4 bedroom raised bungalow with a loft including bedroom and bathroom. Nestled on a breathtaking ravine lot, this luxurious home boasts SS appliances, hardwood floors, large windows creating a warm inviting ambiance. Professionally finished basement featuring 3 bedrooms, pot lights throughout and a full kitchenette. The basement is easily converted into a 2 bedroom rental unit. Excellent investment opportunity. 3 cars fit into the garage, 1 side is Tandem and 1 is regular. Too many upgrades to list, no expense has been spared in creating this exquisite home. Conveniently located step away from Costco, home depot, shopping, restaurant, transit, OPP, university and more. This rare property offers a highly sought after layout combining elegance of a raised bungalow with 2 bedroom on the main floor, and the versatility of a loft. A absolute Must see.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-10 | 2024-07-09 | 60 | $1,249,000 | - | Terminated |
Extras
SS Fridge, SS Stove, SS Dishwasher, SS Microwave, Washer and Dryer, Water Softener, all Elf's andall Window covering, bbq gas line, quartz countertops and so much more.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
2500-3000
Lot Size
49' x 128'
Fronting
North
Taxes
$6,958 (2023)
Basement
Finished, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.01' x 11.61' | Ceramic Floor, Stainless Steel Appl, Quartz Counter |
| Breakfast | Main | 10.99' x 11.61' | Ceramic Floor, W/O To Yard, Open Concept |
| Dining | Main | 20.01' x 11.61' | Hardwood Floor, Window |
| Great Rm | Main | 17.19' x 13.81' | Hardwood Floor, Fireplace, Open Concept |
| Prim Bdrm | Main | 17.59' x 12.99' | Hardwood Floor, 5 Pc Ensuite, W/I Closet |
| Br | Main | 13.62' x 11.09' | Hardwood Floor, 4 Pc Ensuite, W/I Closet |
| Laundry | Main | 7.09' x 8.99' | Hardwood Floor, Separate Rm |
| Loft | 2nd | 13.12' x 12.50' | Hardwood Floor, Balcony, Linen Closet |
| Br | 2nd | 11.71' x 11.61' | Broadloom, Double Closet, Window |
| Br | Lower | 12.20' x 11.19' | Laminate, Closet, Above Grade Window |
| Br | Lower | 15.81' x 11.19' | Laminate, W/I Closet, Window |
| Br | Lower | 14.01' x 12.89' | Laminate, Closet, Window |
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Orillia Market Statistics
Orillia Price Trend
3046 Monarch Dr is a 4-bedroom 5-bathroom home listed for sale at $999,000, which is $203,020 (25.5%) higher than the average sold price of $795,980 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 4 bedroom home in Orillia increased by $145,980 (22.5%) compared to the previous 30 day period (July 22 - August 20) and up $60,980 (8.3%) from the same time one year ago.Inventory Change
There were 16 4-bedroom homes listed in Orillia over the last 30 days (August 21 - September 19), which is up 33.3% compared with the previous 30 day period (July 22 - August 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Orillia typically sold ($15,999) (2.0%) below asking price over the last 30 days (August 21 - September 19), which represents a $8,901 increase compared to the previous 30 day period (July 22 - August 20) and ($36,372) more 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 4-bedroom homes in Orillia over the last 30 days (August 21 - September 19) stood at 31.2%, up from 25.0% over the previous 30 days (July 22 - August 20) and down from 137.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Orillia stood at 47 days when successfully sold over the last 30 days (August 21 - September 19), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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