Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Coldwell Banker Summit Realty

Explore

Map SearchBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesBlogAI ConciergeFranchise

Company

AboutContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

Privacy PolicyTerms of UseCookiesSitemap

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

    Summitly Logo
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    HomeBuySell
    For sale On market 65 days

    2966 Monarch Drive

    Orillia·Orillia, ON·L3V 8M8·Near Westridge/Monarch

    • 3 beds
    Orillia real estate›S12732816
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    This newly built Dreamland Home features the Ridgewood Elevation B, situated on a 40 ft lot in one of Orillia's fastest-expanding communities. With classic brick and stone detailing and approximately 1,875 sq. ft. of well-designed living space, the home blends contemporary finishes with enduring curb appeal. Inside, the main floor offers 9 ft ceilings and a collection of thoughtful upgrades, including hardwood flooring, upgraded ceramic tile, and a stylish kitchen complete with enhanced cabinetry and countertops, a deep fridge cabinet, and a chimney-style range hood. Three bedrooms provide versatility for growing families or home office needs, anchored by a generous primary retreat with a walk-in closet and private ensuite. Ideally located near Costco, Lakehead University, Walter Henry Park, shopping, and major commuter routes like HWY 400 & HWY 11, this home places you close to everyday conveniences. Orillia continues to grow as a vibrant, well-connected city while preserving its relaxed, small-town feel. A great opportunity to own new construction in a thriving area with easy access to Toronto, Muskoka, and the outdoor lifestyle that makes the region so desirable.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Apr 2, 2026Previously listedNew$791,900 —S12953244View
    Jan 27, 2026ListedCurrentFor sale$869,500 —S12732816This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 2966 Monarch Drive
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $4,272
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $478
    0.66% mill rate · ON
    The market

    How this home sits in the Orillia market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Orillia market right now

    Average sold price, days on market, and closed-transaction count for Orillia — sourced from MLS®.

    • Avg sold price
      $599,273
      Last 30 days
    • Median sold price
      $582,500
      Middle of the market
    • Days on market
      36 d
      Avg from list to close
    • Closed last 30d
      150
      MLS® transactions
    Full Orillia market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 2966 Monarch Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 2966 Monarch Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 2966 Monarch Drive listed for?

      2966 Monarch Drive is listed at $869,500 on the MLS® (listing S12732816). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 2966 Monarch Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 3 baths
  2. 1500-2000 sqft
  3. Detached
  4. Built 0-5
  5. Asking
    $869,500
    $0 / sqft · MLS® S12732816
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $599,273
    $551,331Confidence range$647,215
    Asking vs estimate
    ↑↑well-above
    +$270,227
    (+45.1%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Orillia sell in about 36 days — this one has been listed 65 days.

    Avg sold price
    $599,273
    Median sold
    $582,500
    Avg days on market
    36
    Recently sold
    150
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    This newly built Dreamland Home features the Ridgewood Elevation B, situated on a 40 ft lot in one of Orillia's fastest-expanding communities.
  7. With classic brick and stone detailing and approximately 1,875 sq. ft. of well-designed living space, the home blends contemporary finishes with enduring curb appeal.
  8. Three bedrooms provide versatility for growing families or home office needs, anchored by a generous primary retreat with a walk-in closet and private ensuite.
  9. Ideally located near Costco, Lakehead University, Walter Henry Park, shopping, and major commuter routes like HWY 400 & HWY 11, this home places you close to everyday conveniences.
  10. Ask Zara a follow-up
    Sewer
  11. Parking & garage

    4
    Garage
    Built-In
    Garage spaces
    2
    Parking spaces
    4
    Driveway
    Private Double
  12. Interior

    4
    Basement
    Unfinished
    Family room
    Y
    Kitchens
    1
    Total rooms
    7
  13. Exterior & construction

    4
    Exterior
    Stone, Brick
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Pool
    None
  14. Lot & land

    1
    Year built
    0-5
  15. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Bungalow-Raised
    Property class
    Detached
  16. Room-by-room · 7 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    7 rooms
    • Bedroom 2
      12.0 × 11.0 ft
    • Kitchen
      12.6 × 11.0 ft
    • Breakfast
      11.6 × 12.0 ft
    • Family Room
      12.6 × 16.0 ft
    • Primary Bedroom
      16.6 × 12.0 ft
    • Bedroom 3
      Vaulted Ceiling(s)
      12.0 × 11.0 ft
    • Living Room
      Combined w/Dining
      12.4 × 20.0 ft
    Combined estimate
    $4,750
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $4,272
    /mo
    based on the purchase price of $869,500
    $173,900 cash
    $695,600 financed
    $585,878 total interest
    Monthly payment$4,272/ month
    Principal54%$695,600
    Interest46%$585,878

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

    Comparable detacheds that just sold in Orillia

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 211 Westmount Drive
      Sold
      Sign in for price
      211 Westmount Drive
      Detached
    • 5 Chestnut Place
      Sold
      Sign in for price
      5 Chestnut Place
      Detached
    • 727 Broadview Avenue
      Sold
      Sign in for price
      727 Broadview Avenue
      Detached
    • 48 Louise Lane
      Sold
      Sign in for price
      48 Louise Lane
      Detached
    • 15 Murray Street
      Sold
      Sign in for price
      15 Murray Street
      Detached
    • 2968 Monarch Drive
      Sold
      Sign in for price
      2968 Monarch Drive
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    2966 Monarch DriveThis home3 / 315,002,000$869,500ask———
    211 Westmount Drive3 / 2700—
    5 Chestnut Place3 / 21,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Orillia

    Active listings within ±20% of this asking price.

    • 13 Borland Street
      $719,000
      13 Borland Street
      Detached 3 2
    • 4261 Huronia Road
      $699,900
      4261 Huronia Road
      Detached 3 2
    • 47 Atlantis Drive
      $1,030,000
      47 Atlantis Drive
      Detached 4 4
    • 93 Westmount Drive
      $789,000
      93 Westmount Drive
      Detached 3 2
    • 69 Olive Crescent
      $899,999
      69 Olive Crescent
      Detached 3 1
    • 41 Laurentian Lane
      $725,000
      41 Laurentian Lane
      Detached 4 4
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  17. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  18. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  19. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  20. Public listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD. · displayed on Summitly per MLS® data-share rules

    2966 Monarch Drive is a 3-bedroom, 3-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 2966 Monarch Drive built?

    2966 Monarch Drive was built in 0-5. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 2966 Monarch Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for 2966 Monarch Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 2966 Monarch Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $869,500 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 2966 Monarch Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 2966 Monarch Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 2966 Monarch Drive in?

    2966 Monarch Drive is in Orillia, Orillia. The 'Neighbourhood' section below links to the live Orillia real estate hub with average sold price, days on market, and current inventory.

  26. Is Orillia a good place to live?

    Orillia is one of ON's actively-tracked Summitly markets. The full Orillia real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  27. 727 Broadview Avenue
    3 / 4
    2,000
    —
    48 Louise Lane3 / 2700—
    15 Murray Street2 / 21,100—
    2968 Monarch Drive3 / 31,500—