8 Petra Way Unit 3, Whitby

Price: $544,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13838884

Welcome to this immaculate townhouse in Whitby's highly sought after Pringle Creek community! This home combines the comfort and functionality of a townhouse with the convenience of carefree condo living. Step inside to discover a thoughtfully updated interior featuring new flooring, renovated kitchen and baths, all new appliances and an open concept main floor designed for both everyday living and entertaining. The updated kitchen features quartz counters, backsplash, stainless steel appliances and flows seamlessly into the spacious great room where soaring ceilings and an abundance of natural light create an impressive, airy feel. Walk out to your private balcony, the perfect spot to enjoy your morning coffee or unwind at the end of the day. The generous primary bedroom offers a walk in closet, while the second bedroom features plenty of natural light and ample closet space. One of the standout features of this home is the impressive upper level loft overlooking the great room below. This versatile space offers endless possibilities with an additional area that can easily accommodate a home office, guest space, workout area or whatever suits your lifestyle. An additional storage area provides even more functionality. Enjoy the added peace of mind of a newer furnace and air conditioning unit ('24), along with the convenience of underground parking with one parking space and an additional one available for rent. Conveniently located close to schools, restaurants, shopping, rec centre, pool, library & transit. Minutes to Whitby GO Station, 401, 407 & 412. This one checks all the boxes! A fantastic opportunity for first time buyers, downsizers or anyone looking for low maintenance living without compromising on space!

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active

$544,000 - 8 Petra Way Unit 3, Whitby

Condo for Sale in Whitby

Popular Listing

Neighbourhood: Pringle Creek

3Beds
2Baths
1,200Sq Ft
Condo

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Property Details
MLS Number
E13838884
Property Type
Condo
Status
active
Days on Site
8
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Whitby
Taxes (2026)
$3,760
Maintenance Fees
$426/mo
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Description

Welcome to this immaculate townhouse in Whitby's highly sought after Pringle Creek community! This home combines the comfort and functionality of a townhouse with the convenience of carefree condo living. Step inside to discover a thoughtfully updated interior featuring new flooring, renovated kitchen and baths, all new appliances and an open concept main floor designed for both everyday living and entertaining. The updated kitchen features quartz counters, backsplash, stainless steel appliances and flows seamlessly into the spacious great room where soaring ceilings and an abundance of natural light create an impressive, airy feel. Walk out to your private balcony, the perfect spot to enjoy your morning coffee or unwind at the end of the day. The generous primary bedroom offers a walk in closet, while the second bedroom features plenty of natural light and ample closet space. One of the standout features of this home is the impressive upper level loft overlooking the great room below. This versatile space offers endless possibilities with an additional area that can easily accommodate a home office, guest space, workout area or whatever suits your lifestyle. An additional storage area provides even more functionality. Enjoy the added peace of mind of a newer furnace and air conditioning unit ('24), along with the convenience of underground parking with one parking space and an additional one available for rent. Conveniently located close to schools, restaurants, shopping, rec centre, pool, library & transit. Minutes to Whitby GO Station, 401, 407 & 412. This one checks all the boxes! A fantastic opportunity for first time buyers, downsizers or anyone looking for low maintenance living without compromising on space!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,791.00/mo

Includes CMHC insurance ($15,178)

$
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5-yr fixed avg.

Principal: $489,600Interest: $332,523
Mortgage Amount$504,778
Total Interest$332,523
Est. Property Tax$385/mo
Total Cost$837,301

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Pringle Creek

Discover Pringle Creek

Pringle Creek is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Pringle Creek

  • •Convenient location in Whitby
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Pringle Creek offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

8 Petra Way Unit 3, Whitby

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$426
Property Tax (est.)-$385
Insurance (est.)-$113
Net Cash Flow+$1,996

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $453/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $426/month fees should cover building insurance, common elements, and reserve contributions.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Pringle Creek

I know Pringle Creek well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Whitby properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,267 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    8 Petra Way Unit 3, Whitby | $544,000 | Battaglia Team