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Property Description
SPACIOUS FAMILY HOME IN AN UNMATCHED LOCATION BACKING ONTO A SERENE FOREST & TRAILS! Welcome to 3168 Monarch Drive. This property offers the perfect blend of urban convenience and natural beauty. Located minutes away from shopping centers, Lakehead University, and major shopping like Home Depot and Costco, it provides easy access to all amenities. Backing onto a lush forest with extensive trails, it offers a serene outdoor escape. Inside, youll find no carpet on the main and upper floors, California shutters, and upgraded door hardware. The home features contemporary finishes, including a modern kitchen with chic countertops, s/s appliances and a walkout to the 220 sqft sunroom for indoor-outdoor living. The inviting living room features a cozy gas fireplace. The finished lower level offers ample space for entertainment, while the fenced backyard includes a firepit area and garden shed for storage. Additional updates like a newer furnace, AC, and steel roof ensure worry-free living.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-16 | 2024-03-19 | 32 | $819,900 | - | Terminated |
| 2023-10-27 | 2023-12-08 | 42 | $810,000 | - | Terminated |
| 2023-08-17 | 2023-10-27 | 71 | $839,000 | - | Terminated |
Property Features
Grnbelt/Conserv, Hospital, Park, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
49' x 115'
Acreage
< .50
Fronting
East
Taxes
$5,124 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.91' x 12.01' | California Shutters, Tile Floor |
| Living | Main | 11.42' x 14.99' | California Shutters, Fireplace, Hardwood Floor |
| Office | Main | 11.91' x 10.99' | California Shutters, Hardwood Floor |
| Sunroom | Main | 11.42' x 20.67' | |
| Prim Bdrm | 2nd | 16.24' x 11.52' | 4 Pc Ensuite, California Shutters, W/I Closet |
| 2nd Br | 2nd | 8.60' x 10.99' | California Shutters |
| 3rd Br | 2nd | 11.52' x 10.99' | California Shutters |
| 4th Br | 2nd | 9.15' x 11.75' | California Shutters |
| Rec | Lower | 12.01' x 27.99' | |
| 5th Br | Lower | 12.34' x 8.33' |
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Orillia Market Statistics
Orillia Price Trend
3168 Monarch Dr is a 4-bedroom 4-bathroom home listed for sale at $799,999, which is $14,999 (1.9%) higher than the average sold price of $785,000 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom home in Orillia increased by $55,000 (7.5%) compared to the previous 30 day period (February 26 - March 26) and down $45,000 (5.4%) from the same time one year ago.Inventory Change
There were 12 4-bedroom homes listed in Orillia over the last 30 days (March 27 - April 25), which is down 20.0% compared with the previous 30 day period (February 26 - March 26) and down 14.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Orillia typically sold ($16,444) (2.1%) below asking price over the last 30 days (March 27 - April 25), which represents a $11,556 decrease compared to the previous 30 day period (February 26 - March 26) and ($11,000) 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 4-bedroom homes in Orillia over the last 30 days (March 27 - April 25) stood at 33.3%, up from 20.0% over the previous 30 days (February 26 - March 26) and down from 64.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Orillia stood at 20 days when successfully sold over the last 30 days (March 27 - April 25), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Peggy Hill Group Realty
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