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    Whitby / Pringle Creek

    2 - 29 Petra Way

    For SaleThe Petra Way Condos
    $575,000
    2 Beds
    1 Bath
    1 Parking
    950 SQFT
    2 Days on Strata
    Est Sell Timeframe
    5 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $398/mth
    Taxes:
    $2,702 (2024)
    Cost Per Sqft:
    $605/sqft
    Locker:
    Ensuite+Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    May 6, 2025
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Ceramic Floor, Open Concept, O/Looks Dining
    8.3 x 8.2ft
    Dining
    Combined with Living, Laminate, Open Concept
    20.51 x 10.17ft
    Living
    Combined with Dining, Laminate, Walk-Out
    20.51 x 9.84ft

    About this Listing

    Welcome to this bright and spacious 935 sq. ft. Townhouse located in the highly desirable Petra Way community. Offering a rare and unique layout and the perfect environment for work, study, or relaxation. As you step inside this unit, you'll immediately appreciate the open-concept design, which creates a seamless flow throughout the home. The space is full of natural light, highlighting the airy, welcoming atmosphere. The open-concept kitchen is perfect for cooking and entertaining, offering plenty of counter and cabinet space, and it overlooks the spacious combined family and dining room. This large, inviting area is ideal for gatherings, and it includes a walkout to your own private balcony-perfect for enjoying the outdoors or relaxing with a morning coffee. This unit also offers a range of convenience. One Underground Parking Space Included. All outdoor maintenance is completed by property management company, No mowing lawn or shovelling snow required! Lots of Visitor Parking. The condo status certificate has been ordered

    re/max jazz inc.MLS® #E11989537

    Amenities

    Indoor Parking
    Visitor Parking
    Bike Storage

    Explore Neighbourhood

    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!'

    Similar Listings

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    17%
    35 - 49
    16%
    50 - 64
    26%
    65+
    23%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    19%
    $60,000+
    14%
    $90,000+
    12%
    $125,000+
    8%
    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%

    Price Trends

    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
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance 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 again

    Property Value

    -5%
    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

    14
    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

    Transaction Insights at 2-125 Petra Way

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$555,000 - $620,000$600,000 - $675,000$608,000$525,000
    Avg. Cost Per Sqft$573$492$559$332
    Avg. Wait for Unit Availability16 Days25 Days139 Days231 Days
    Ratio of Units in Building59%27%12%4%

    Transactions vs Inventory

    Total number of units listed and sold in Pringle Creek