Lot 1 Monarch Dr

Orillia, Orillia, L3V 8M8
FOR SALE
$984,900
Lot 1 Monarch Dr, Orillia
Lot 1 Monarch Dr
Lot 1 Monarch Dr
Lot 1 Monarch Dr
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
7
ROOMS
S8127392
MLSID
Contact Us
Property Description
Offering the Denali Model (elevation A) by Mancini Homes, located in the highly sought after West Ridge Community on Monarch Drive. 2,440 SF 2 storey model. Home consists of many features including 9ft ceilings on the main level, rounded drywall corners, oak stair case, 5 1/4 inch baseboards, etc. Home consists of 4 bedrooms, 4 bathrooms, laundry located on the main level, open kitchen and great room, and situated on a 50x115 lot (lot 1). Finishes are determined based on purchaser. Neighourhood is in close proximity to Walter Henry Park and West Ridge Place (Best Buy, Homesense, Home Depot, Food Basics). Note that Monarch Drive is an active construction site.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-22 2023-11-21 92 $1,012,900 - Expired
2023-08-22 2023-11-21 92 $1,012,900 - Expired
Property Features
Park, School, School Bus Route
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
50' x 115'
Fronting
East
Basement
Unfinished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain14.11' x 8.86'
LivingMain11.81' x 11.38'
Great RmMain14.99' x 12.99'
Prim Bdrm2nd14.11' x 16.80'
2nd Br2nd12.20' x 10.70'
3rd Br2nd13.62' x 12.60'
4th Br2nd12.40' x 11.38'
Orillia Market Statistics
Orillia Price Trend
Lot 1 Monarch Dr is a 4-bedroom 4-bathroom home listed for sale at $984,900, which is $199,900 (25.5%) higher than the average sold price of $785,000 in the last 30 days (March 29 - April 27). 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 28 - March 28) and down $45,000 (5.4%) from the same time one year ago.
Inventory Change
There were 13 4-bedroom homes listed in Orillia over the last 30 days (March 29 - April 27), which is down 18.8% compared with the previous 30 day period (February 28 - March 28) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Orillia typically sold ($16,444) (2.1%) below asking price over the last 30 days (March 29 - April 27), which represents a $11,556 decrease compared to the previous 30 day period (February 28 - March 28) and ($9,900) 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 29 - April 27) stood at 30.8%, up from 18.8% over the previous 30 days (February 28 - March 28) and down from 53.8% 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 29 - April 27), compared to 77 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Incentive Realty Inc.
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