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Orillia, Orillia
$860,000
Welcome to 3151 Monarch Drive in Orillia, a beautifully maintained 2-storey detached home offering approximately 2700 sq. ft. of spacious and functional family living. Set on a generous sized lot, this impressive 4-bedroom, 4-bathroom home features a bright open-concept layout with large principal rooms, an eat-in kitchen with granite countertops and stainless steel appliances, convenient main floor laundry, and direct inside access to a built-in double garage with Wi-Fi enabled opener. The upper level offers four generous bedrooms, including two private 4-piece ensuites, with the primary bedroom complete with a walk-in closet. The unfinished walk-out basement provides excellent additional space for storage, recreation, or future potential. Ideally located close to Highway access, public transit, schools, hospital, Costco, Lakehead University, restaurants, downtown Orillia, Bass Lake Provincial Park, parks, trails, recreation facilities, and waterfront amenities, this home combines space, comfort, and everyday convenience in a desirable family-friendly setting.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 0-5 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $6,969 |
| Lot Size | 54.43 ft x 115.74 ft |
| mls© Number | S13565944 |
| Listed By | CENTURY 21 LEADING EDGE REALTY INC. |
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 actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,402
- Property tax
- $581
- Heat allowance
- $150
- Housing costs
- $5,133 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,619 / mo
- Cash down
- $172,000
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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