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    1 - 60 Petra Way

    For SaleThe Petra Way Condos
    $625,000
    2 Beds
    1 Bath
    2 Parking
    950 SQFT
    7 Days on Strata
    Est Sell Timeframe
    5 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $398/mth
    Taxes:
    $2,728 (2024)
    Cost Per Sqft:
    $658/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    East
    Possession Date:
    To Be Arranged
    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
    Built-in Microwave, Hardwood Floor, Built-in Dishwasher
    11.88 x 7.97ft
    Dining
    Breakfast Bar, Hardwood Floor, Combined with Living
    22.84 x 11.91ft
    Living
    Walkout To Patio, Hardwood Floor, Fireplace
    22.84 x 11.91ft

    About this Listing

    Condo living at its finest! Welcome to this beautiful condo that is located in the fantastic Pringle Creek area in the heart of Whitby. Open concept living/dining and kitchen. The renovated kitchen has upgraded cabinetry, a beautiful backsplash, stainless steel appliances, extra counter space, lots of cabinets, double sink, pot lights, under-mount lighting, and a breakfast bar. Plus a separate large walk-in pantry! The dining room overlooks the kitchen and living room. Making it perfect for entertaining. The living room showcases a gorgeous feature wall for your TV and fireplace, plus a walkout to a long patio that extends to the end of the outside of the bedroom. Featuring high-end engineered hardwood throughout most of condo. The bathroom offers a fresh, modern feel and features an extra long sink. The spacious primary bedroom has double closets with stylish glass doors. Lots of room for a king size bed! The second bedroom features a large bay window and also has a double closet with glass doors. Lots of natural light throughout the condo with the large windows. Big Bonus! This unit comes with TWO owned underground parking spots & one owned locker - a rare find! Don't miss this incredible opportunity to own a stylish, upgraded condo with premium features and finishes. This condo is move in ready in a fantastic neighbourhood. Close to great schools, shopping and all amenities.

    real broker ontario ltd.MLS® #E11982182


    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!'

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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
    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%

    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