1302 8940 University Cres, Burnaby, BC

$1,328,000
Est. Mortgage /mo

MLS® R2913468

2 Beds
2 Baths
1309 sqft
1015 $ /sqft
678.44 $ Maint. fee
2021 Built
$1,328,000
$1,338,000
Est. /mo with 20% down
$1,015/sqft · Tax $3,010/2022
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

Enjoy unbelievable water/mountain views from this PENTHOUSE at Terraces at the Peak SFU University on Burnaby Mountain, the highest point in Metro Vancouver. Spend a moment on entertain on the spacious 680sf rooftop deck. Southwest facing, 1309sf spacious elegant wide plank laminate flooring throughout the living areas and plush carpeting in toe two bedroom This corner penthouse with 10' ceilings comes with upgraded Blomberg appliances, two parking spaces, storage locker and a bike locker. Walking distance to SFU campus, shops, restaurants, elementary school, biking and hiking trails. All Photos are taken before rental.

General Info

Price $1,328,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1309
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 2021
Age Of Building 4
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2913468
Building Name -
Area Burnaby North
Neighbourhood Simon Fraser Univer.
City Burnaby
Postal Code V5A 4Y8
Price per Sqft $1,015
Gross Taxes $3,010.14
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $678.44
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities

Heating & Cooling

Fireplace 0
Heating Type Baseboard

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Garage Door Opener
Total Parking Spaces 2
Listed by: Royal Regal Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Elementary
University Highlands Elementary School
Above Average
0.24 km
7.1/10
Secondary
Burnaby Mountain Secondary School
2.82 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Mediated Learning Academy
1.91 km
Elementary, Secondary
Mediated Learning Academy
1.91 km

Closest Transit

Bus Stop
Southbound Tower Rd @ University High Street
0.35 km
Skytrain
Skytrain @ Burquitlam Station
2.45 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
36.8%
No Certificate/Degree
Below Average
7.4%
Owner Occupied
Average
63%
Employment Rate
Above Average
67.6%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $251
Maintenance fee 0
A 20% down payment of $265,600 on this $1,328,000 listing yields an estimated mortgage of $5,072/month (30-year fixed, 4%). Total estimated housing cost: $6,001/month, $251 property tax, $678 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $4,023/month in estimated rental income against $6,058/month in mortgage payments, the monthly cashflow is -$2,035/month. A 53% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,328,000
Burnaby Loading...
Simon Fraser Univer. Loading...
This listing has no active comparable properties in Burnaby at present. The price evaluation chart will update as similar listings become available.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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