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    3 - 60 Petra Way

    For SaleThe Petra Way Condos
    $679,900
    2 Beds + 1
    1 Bath
    2 Parking
    1,305 SQFT
    1 Day on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $385/mth
    Taxes:
    $3,384 (2024)
    Cost Per Sqft:
    $521/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    60-90 days/TBA
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Quartz Counter, Breakfast Bar, Stainless Steel Appliances
    10.04 x 9.06ft
    Dining
    Combined with Living, Open Concept, Laminate
    20.57 x 10.04ft
    Living
    Walkout To Balcony, Vaulted Ceiling, Laminate
    20.57 x 10.04ft

    About this Listing

    Welcome to Petra Way! This stunning 2+1 bedroom condo town has been renovated top to bottom including gorgeous laminate floors throughout, upgraded lighting & pot lighting, upgraded door hardware, entry stone feature wall, renovated bathroom, freshly painted in neutral decor! Sun filled open concept floor plan featuring fabulous loft space with 2 walk-in closets & 3rd bedroom/office space. Gourmet kitchen (2024) boasts quartz counters, breakfast bar, pendant lights, stainless steel appliances & walk-in pantry. Soaring 22ft vaulted ceilings are in the combined living & dining rooms with sliding glass walk-out to a private balcony - perfect place to enjoy your morning coffee! Convenient ensuite laundry offers additional storage space. The spacious primary bedroom offers a walk-in closet with organizers. 2nd bedroom with double closet organizers. This home is a perfect place to start or downsize into a maintenance free lifestyle. Parking for two underground & located in the family friendly community of Pringle Creek, steps to parks, schools, transits, shops & more!

    ExtrasMinimal maintenance fees cover water utility, snow removal, garbage pickup & common areas.

    tanya tierney team realty inc.MLS® #E9361428


    Amenities

    Indoor Parking
    Bike Storage
    Visitor Parking

    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
    16
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    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
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 11 condos in the Pringle Creek area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    The Petra Way Condos offers the
    ?
    best value out of 11 condos in the Pringle Creek neighbourhood

    Appreciation Rank

    The Petra Way Condos has the
    ?
    highest ROI out of 11 condos in the Pringle Creek neighbourhood

    Rental Yield

    The Petra Way Condos yields the
    ?
    highest rent prices out of 11 condos in the Pringle Creek neighbourhood

    High Demand

    The Petra Way Condos is the
    ?
    most popular building out of 11 condos in the Pringle Creek neighbourhood

    Transaction Insights at 2-125 Petra Way

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$555,000 - $625,000$545,000 - $630,000$565,000$525,000
    Avg. Cost Per Sqft$561$487$532$332
    Avg. Wait for Unit Availability15 Days25 Days125 Days231 Days
    Ratio of Units in Building60%26%12%4%

    Transactions vs Inventory

    Total number of units listed and sold in Pringle Creek