92 Petra Way Unit 2, Whitby

Price: $498,000

2 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: E13828846

Spacious 2-Bedroom Condo Offering 960 Sq Ft Of Living Space Plus A Private Balcony. Functional Open-Concept Layout With A Kitchen Breakfast Bar Overlooking The Dining And Living Areas, With Walk-Out To The Balcony. Generously Sized Primary Bedroom With Walk-In Closet And Plenty Of Room For A King-Size Bed. Bright Second Bedroom Features A Walk-In Closet And Large Bay Window. A Smart Option For First-Time Buyers, Those Looking To Downsize, Or Investors Seeking A Spacious Condo In A Convenient Location.

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active

$498,000 - 92 Petra Way Unit 2, Whitby

Condo for Sale in Whitby

Popular Listing

Neighbourhood: Pringle Creek

2Beds
1Baths
900Sq Ft
Condo

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Property Details
MLS Number
E13828846
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Whitby
Taxes (2025)
$2,971
Maintenance Fees
$426/mo
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX HALLMARK MAXX & AFI GROUP REALTY
Description

Spacious 2-Bedroom Condo Offering 960 Sq Ft Of Living Space Plus A Private Balcony. Functional Open-Concept Layout With A Kitchen Breakfast Bar Overlooking The Dining And Living Areas, With Walk-Out To The Balcony. Generously Sized Primary Bedroom With Walk-In Closet And Plenty Of Room For A King-Size Bed. Bright Second Bedroom Features A Walk-In Closet And Large Bay Window. A Smart Option For First-Time Buyers, Those Looking To Downsize, Or Investors Seeking A Spacious Condo In A Convenient Location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,555.00/mo

Includes CMHC insurance ($13,894)

$
$
5%10%50%

5-yr fixed avg.

Principal: $448,200Interest: $304,405
Mortgage Amount$462,094
Total Interest$304,405
Est. Property Tax$353/mo
Total Cost$766,499

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

92 Petra Way Unit 2, Whitby

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$426
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,397

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 $553/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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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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    92 Petra Way Unit 2, Whitby | $498,000 | Battaglia Team