3046 Monarch Dr is a 4-bedroom, 4-bathroom detached home in Orillia, listed for $918,000. It has 2500-3000 sq ft of living space.
1The sun-filled main level showcases open to above family room, hardwood floors, and an open concept layout designed for both everyday living and entertaining.
2The modern kitchen is equipped with stainless steel appliances and overlooks the elegant living and dining spaces, all framed by picturesque ravine views.
3The oversized 3 car tandem garage provides ample parking and storage.
Welcome to this exceptional raised bungalow with a unique loft design, offering an impressive blend of luxury, functionality, and versatility. Set on a spectacular ravine lot, this beautifully appointed home features 4 spacious bedrooms above grade, including a private loft retreat complete with its own bedroom and full bathroom-ideal for guests, extended family, or a home office. The sun-filled main level showcases open to above family room, hardwood floors, and an open concept layout designed for both everyday living and entertaining. The modern kitchen is equipped with stainless steel appliances and overlooks the elegant living and dining spaces, all framed by picturesque ravine views. The professionally finished lower level offers incredible flexibility with 3 additional bedrooms, a kitchenette, pot lights throughout, and a separate layout without standing in-law or income potential. The oversized 3 car tandem garage provides ample parking and storage. Thoughtfully upgraded throughout with exceptional craftsmanship and attention to detail, this turnkey home leaves nothing to be desired. Ideally located just moments from Costco, Home Depot, shopping, restaurants, transit, parks, and every major convenience, this is a rare opportunity to own a one-of-a-kind home in an unbeatable location. A truly must-see property that perfectly combines elegant bungalow living with the added versatility of a loft.
4 bedrooms, 4 bathrooms, about 2,500 sq ft, works out to roughly $367 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 3046 Monarch Dr
Every detail from the listing, in one place.
Type
Detached
Style
Bungaloft
Living space
2500-3000 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Finished, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Finished · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungaloft
Property class
Detached
3046 Monarch Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S14140308$918,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3046 Monarch Dr Compares to the Orillia Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
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An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,510
/mo
based on the purchase price of $918,000
$183,600 cash
$734,400 financed
$618,558 total interest
Principal54%$734,400
Interest46%$618,558
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Orillia
Other 3–5 bed homes for sale in Orillia around $918K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio96.2%On average, homes sold below asking.
Active listings263Homes for sale here right now.
Median vs prior 90 days−3.2%Compared with May 6 – Aug 4, 2026: prices down.
Based on 226 sales from Aug 4 – Nov 2, 2026 (155 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 3046 Monarch Dr
How much is 3046 Monarch Dr listed for?
3046 Monarch Dr is listed at $918,000 (MLS® S14140308). Summitly updates the price as soon as the MLS® record changes.
Is $918,000 a good price for 3046 Monarch Dr?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Orillia. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 3046 Monarch Dr changed?
No — 3046 Monarch Dr is still listed at its original asking price of $918,000.
How many bedrooms and bathrooms does 3046 Monarch Dr have?
3046 Monarch Dr has 4 bedrooms and 4 bathrooms, with about 2,500–3,000 square feet of living space. It is a detached home in Orillia.
How much would the monthly mortgage be on 3046 Monarch Dr?
About $4,510 a month — principal and interest on $918,000 with 20% down ($183,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 3046 Monarch Dr compare with other homes in Orillia?
Its asking price of $918,000 is about 62% above the median sold price in Orillia over the last 90 days, $566,389, across 226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 3046 Monarch Dr been sold before?
Summitly has no earlier MLS® sale or lease of 3046 Monarch Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3046 Monarch Dr?
3046 Monarch Dr is in Orillia, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3046 Monarch Dr been on the market?
3046 Monarch Dr was listed today (November 2, 2026).
What is the price per square foot of 3046 Monarch Dr?
About $306 to $367 per square foot: the asking price of $918,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 3046 Monarch Dr have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 3046 Monarch Dr have a basement, and is it finished?
The listing describes the basement as: Finished, Separate Entrance.