74 Petra Way, Whitby, ON

$615,000
MLS#:E11901474
3 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Pringle Creek. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $615,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this bright and spacious 1,100 sq. ft. end-unit, located in the highly desirable Petra Way community. Offering a rare and unique layout, this second-floor unit features one of the few larger floorplans, including a versatile third bedroom or office space that boasts two large windows, providing plenty of natural light 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 bathed in natural light, highlighting the airy, welcoming atmosphere. The family-sized kitchen is perfect or 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 convenient features that enhance everyday living. You'll enjoy the added convenience of ensuite laundry, making chores easier and more efficient. Being minutes away from highways, groceries, and all amenities is also a huge benefit by living in the Petra Way community. Additionally, the home provides easy access to underground parking, ensuring a secure and weather-protected parking space, along with ample visitors' parking for guests. Whether you're looking for a spacious home to grow into or a flexible space that suits your lifestyle needs, this end-unit in the Petra Way community is sure to impress. With its fantastic layout, abundance of natural light, and sought-after location, it's an opportunity you won't want to miss.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 6, 2025
Sold price information is available to members only
Listed Date12/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyDurham
Annual Tax$3,278.83

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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74 Petra Way, Whitby, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 74 Petra Way 2, Whitby, ON L1R 0A3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Whitby.

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Interest Rate5.25%
Down Payment$36,500 (5.9%)
* Minimum Canadian down payment required for this price is $36,500.
Amortization Period25 Years
Estimated Monthly Payment$3,447Based on a loan of $578,500 over 25 years.
Purchase Price$615,000
Loan Amount$578,500
Provincial Land Transfer Tax:$8,775
Total Estimated Closing Taxes:$8,775

About Purchasing a Home in Whitby, ON

For a property listed at $615,000 in Whitby, the legal minimum down payment is $36,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,775 for this transaction. As this listing is in Whitby (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,775.

Nearby Listings

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No current listings found in Whitby.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Pringle Creek, Whitby.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$858,461

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Glen Dhu
Public29 Fallingbrook Street, Whitby, Ontario, L1R 1M7
6.1
St Matthew the Evangelist
Public60 Willowbrook Drive, Whitby, Ontario, L1R 1S6
7.2
Ormiston
Public20 Forest Heights Street, Whitby, Ontario, L1R 1T5
6.8
Pringle Creek
Public80 Ribblesdale Drive, Whitby, Ontario, L1N 8M1
6.9
St Bernard
Public1000 Dryden Boulevard, Whitby, Ontario, L1R 2A2
7.7

Secondary Schools

Father Leo J Austin
Public1020 Dryden Boulevard, Whitby, Ontario, L1R 2A2
6.4
All Saints
Public3001 Country Lane, Whitby, Ontario, L1P 1M1
7.9
Donald A. Wilson
Public681 Rossland Road West, Whitby, Ontario, L1P 1Y1
8.4
Anderson
Public400 Anderson Street, Whitby, Ontario, L1N 3V6
7.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.