Maintenance Fees
The Petra Way Condos vs The Pringle Creek Area
2 - 16 Petra Way
$572,9992 bds1 ba1 pk900 - 999 sqft
For SaleThe Petra Way Condos
13 Days on Strata
$572,999
2 Beds
1 Bath
1 Parking
900 - 999 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$398/mth
Taxes:
$2,703 (2024)
Cost Per Sqft:
$574 - $637/sqft
Outdoor Space:
Balcony
Locker:
None
Exposure:
West
Possession Date:
60/90 days
Amenities
Visitor Parking
Indoor Parking
Bike Storage
About this Listing
Welcome to this fantastic 2-bedroom, 1-bathroom condo located in a highly sought-after community in Whitby, just minutes from the 401 & 407. Ideal for first-time buyers or downsizers, this home boasts an open-concept layout with an abundance of natural light and thoughtful upgrades throughout. Enjoy the convenience of ensuite laundry, ample storage, and a private balcony perfect for relaxing or entertaining. Plus, you have 1 underground parking spot say goodbye to brushing snow off your car! The property features meticulously maintained grounds and low maintenance fees. Upgrades include fresh paint and crown mouldings. Don't miss out on this incredible opportunity to call this place home!
ExtrasFridge, Stove, Dishwasher, Washer & Dryer
royal lepage meadowtowne realtyMLS® #E12057791
Fees & Utilities
Maintenance Fees
Included in Fees
Water
Parking
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Primary
Laminate, Large Closet, O/Looks Frontyard
20.08 x 10.34ft
2nd Bedroom
Large Closet, Laminate, O/Looks Backyard
9.51 x 12.66ft
Kitchen
Ceramic Floor, O/Looks Dining, Built-in Dishwasher
8.24 x 11.75ft
Living
Walkout To Balcony, Laminate, Open Concept
15.42 x 10.17ft
Dining
Open Concept, Laminate, Combined with Living
7.09 x 11.75ft
Bathroom
4 Piece Bath
0 x 0ft
Laundry
0 x 0ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Pringle Creek
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3/10
Walkability
A sight of a grocery store is as rare as a unicorn sighting.
Unknown
Transit
5/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
Mortgage Calculator
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
3,222
Average Individual Income
$82,147
Average Household Size
0 persons
Average Age
43
Average Household Income
$130,285
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
76%
Low Rise Apartment
13%
High Rise Apartment
4%
Duplex
3%
Semi Detached
2%
Marital Status
Commute
Languages (Primary Language)
English
94%
Mandarin
2%
Cantonese
2%
Other
2%
Education
High School
30%
University and Above
23%
College
21%
None
13%
Apprenticeship
7%
University Below Batchelor
3%
Major Field of Study
Architecture & Engineering
26%
Business Management
17%
Health & Related Fields
11%
Social Sciences
11%
Personal, Protective & Transportation Services
7%
Humanities
6%
Education
6%
Visual & Performing Arts
5%
Physical Sciences
3%
Math & Computer Sciences
2%
Agriculture & Natural Resources
2%
Building Trends At The Petra Way Condos
Days on Strata
Units at The Petra Way Condos spend an average of
14
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Pringle Creek
Turnover of Units
On average, each unit is owned for
2.1
YEARS before being sold againProperty Value
-10%
Decrease in property value within the past twelve months
Price Ranking
5th
Highest price per SQFT out of 14 condos in the Pringle Creek area
Sold Units
13
Units were Sold over the past twelve months
Rented Units
3
Units were Rented over the past twelve months
Best Value Rank
The Petra Way Condos offers the best value out of 14 condos in the Pringle Creek neighbourhood
?
Appreciation Rank
The Petra Way Condos has the highest ROI out of 14 condos in the Pringle Creek neighbourhood
?
Rental Yield
The Petra Way Condos yields the highest rent prices out of 14 condos in the Pringle Creek neighbourhood
?
High Demand
The Petra Way Condos is the most popular building out of 14 condos in the Pringle Creek neighbourhood
?
Market Insights
Transaction Insights at The Petra Way Condos
| 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|
| Price Range | $532,000 - $611,000 | $600,000 - $675,000 | $608,000 | $525,000 |
| Avg. Cost Per Sqft | $584 | $486 | $559 | $332 |
| Price Range | $2,450 - $2,500 | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 16 Days | 25 Days | 162 Days | 238 Days |
| Avg. Wait for Unit Availability | 67 Days | 55 Days | 279 Days | No Data |
| Ratio of Units in Building | 59% | 27% | 12% | 4% |
Market Inventory
Total number of units listed and sold in Pringle Creek
