2974 Monarch Drive
Orillia, Orillia
$826,900
*PRICE REFLECTS HST REBATE* Fully built Mancini Homes, located in the highly sought after West Ridge Community on Monarch Drive. Home consists of many features including upgraded kitchen with quartz counter tops, gas fireplace, 9ft ceilings on the main level, rounded drywall corners, oak stair case, 5 1/4 inch baseboards and many more. Current model being offered (The Stanley - elevation A) consists of 4 bedrooms, 2.5 bathrooms, laundry located on the main level, open kitchen and great room, separate dining area and situated on a 40x150 lot (lot 9). Neighourhood is in close proximity to Walter Henry Park and West Ridge Place (Best Buy, Homesense, Home Depot, Food Basics).
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | New |
| Size | 2000-2500 sq. ft. |
| Property Tax | --- |
| Lot Size | 40 ft x 150 ft |
| mls© Number | S13539430 |
| Listed By | CENTURY 21 B.J. ROTH REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,232
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Housing costs
- $4,382 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$135,000
gross annual household income
- Payment at 4%
- $3,480 / mo
- Cash down
- $165,380
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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