Maintenance Fees
The Petra Way Condos vs The Pringle Creek Area
2 - 88 Petra Way
$545,9002 bds2 ba1 pk935 sqft
For SaleThe Petra Way Condos
22 Days on Strata
$545,900
Price Increase: $499,999
Price Increase: $499,999
2 Beds
2 Bath
1 Parking
935 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$398/mth
Taxes:
$2,703 (2024)
Cost Per Sqft:
$584/sqft
Outdoor Space:
Enclosed/Solarium
Locker:
None
Exposure:
West
Possession Date:
Immediately
Amenities
Visitor Parking
Indoor Parking
Bike Storage
About this Listing
Offers Anytime! Attention First Time Home Buyers. Spacious 2 Bedroom, 2 Bathroom Unit is Located In The Highly Sought After Pringle Creek. Includes 1 Parking Spot and En-suite. The Kitchen comes Complete With Stainless Steel Appliances And Breakfast Bar. Open Concept Living and Dining Area With Access to Balcony. Tons of Natural Light. Primary Bedroom Features A 4pc En-Suite Bathroom and Double Closet.Close to Transit and Go Transit. Don't Miss Out On This Opportunity To Get Into The Market.
ExtrasAll Elf's, SS Fridge, SS Dishwasher, SS Stove, Washer and Dryer
trust realty groupMLS® #E12038924
Fees & Utilities
Maintenance Fees
Included in Fees
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, Laminate, Open Concept
15.22 x 10.04ft
Dining
Combined with Living, Laminate
7.42 x 11.25ft
Kitchen
Stainless Steel Appliances, Breakfast Bar, Open Concept
8.4 x 11.25ft
Primary
Ensuite Bath, Double Closet, Carpet
20.47 x 9.58ft
2nd Bedroom
Double Closet, Carpet, Large Window
9.91 x 12.8ft
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!'
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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
