2974 Monarch Drive, Orillia

$804,900
2974 Monarch Drive

$804,900

New
8d
Detached2-Storey

2974 Monarch Drive, Orillia

Total Monthly Obligation $3,622

HausQ Valuation Report
Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
8d
Score
21
Yield
4.7%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Detached
MLS® Number-S14084680
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-40 × 150 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-New
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 B.J. ROTH REALTY LTD.
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Orillia
Title-Residential Freehold

No agent assigned

Client Remarks*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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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$643,920
Land Transfer Taxes$12,573
Legal Fees (Est.)
$
Total cash required for closing$175,053

Total Monthly Obligation

$3,622/mo
Mortgage $3,247
Monthly Loss $2,767
Principal$854
Interest$2,392
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.4%2
5-Year IRR
11.2%44
10-Year IRR
11.5%
Returns Index
23.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$37,872/yr
NOI
$29,585/yr
Net Cash Flow
-$781/mo
Cash Margin
-24.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
24.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2974 Monarch Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.