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    Whitby / Pringle Creek

    2-125 Petra Way

    The Petra Way Condos
    0for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    3
    Number of Units:
    240
    Condo Completion:
    2004
    Condo Demand:
    Medium
    Unit Size Range:
    749 - 1,600 SQFT
    Unit Availability:
    Medium
    Property Management:
    Newton Trelawney

    Listing History for The Petra Way Condos

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    Amenities

    Visitor Parking
    Indoor Parking
    Bike Storage

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2-125 Petra Way — The Petra Way Condos

    The Petra Way Condos stands 3 storeys tall at 2-125 Petra Way and contains 240 units. This Whitby condo was completed in 2004 by a developer. Suite sizes range from 749 square feet to 1600 square feet.

    The Suites

    We’ve aggregated a number of stats at 2-125 Petra Way. Here are some highlights: In the past 12 months, 17 units have sold, and 4 have been rented. Meanwhile, property values here have decreased by 4.44%.

    Units at The Petra Way Condos have a medium likelihood of receiving more than one offer, and on average they sell for 4.70% above the listed price. Suites here have an average cost per-square-foot of $544 based on sales over the past 12 months, and the median time a unit spends on the market is 17 days.

    The Neighbourhood

    Residents at The Petra Way Condos don’t have to drive more than 3 minutes to get to a variety of popular restaurants, including Wolfgang's on Brock, The Brock House and Starr Burger. In the mornings, become a regular at Tim Hortons, a quick 2-minute walk from The Petra Way Condos.

    Grocery shopping is never a chore with stores such as M&M Food Market in the area.

    There are a number of banks within a short drive, including RBC Royal Bank for all your investment needs.

    Getting some fresh air is a breeze when you live at 2-125 Petra Way because excellent green spaces like Vanier Park, Hobbs Park and Sato Park are walkable in under 16 minutes.

    Those who love to shop will appreciate all the options nearby with Rossland Garden Shopping Centre and Whitby Town Square just 14 minutes from here.

    The Petra Way Condos is a short drive away from Saint Matthew the Evangelist Catholic School, St. Bernard's Catholic Elementary School and Fallingbrook Public School, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Father Leo J Austin Catholic Secondary School and Donald A Wilson SS.

    Transportation

    Taking public transit? The nearest light transit stop is Dundas St. @ Garden St..

    There are several similar condos in the area, such as 712 Rossland Road E, 1-118 Sprucedale Way and 711 Rossland Road E — all worth checking out.

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    Explore Pringle Creek

    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 condos

    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
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    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

    3rd
    Highest price per SQFT out of 12 condos in the Pringle Creek area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    The Petra Way Condos offers the
    ?
    best value out of 12 condos in the Pringle Creek neighbourhood

    Appreciation Rank

    The Petra Way Condos has the
    ?
    highest ROI out of 12 condos in the Pringle Creek neighbourhood

    Rental Yield

    The Petra Way Condos yields the
    ?
    highest rent prices out of 12 condos in the Pringle Creek neighbourhood

    High Demand

    The Petra Way Condos is the
    ?
    most popular building out of 12 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 - $645,000No Data$525,000
    Avg. Cost Per Sqft$582$472No Data$332
    Avg. Wait for Unit Availability15 Days25 Days125 Days231 Days
    Ratio of Units in Building60%26%12%4%

    Unit Sales vs Inventory

    Total number of units listed and sold in Pringle Creek