$338,000
By car (off-peak)
Sold
SFU Studio view suite in Nova 1 on Burnaby Mountain. With short term rentals allowed (min. 1 month) this is an excellent opportunity for investors. Centrally located just steps to Simon Fraser University, shopping, transit, dining and all services. This bright upper level suite has its own full size washer/dryer, balcony, 1 parking stall and private gym access. Well maintained concrete building on a quiet tree lined street with hiking and biking trials at your doorstep. Ideal for first time buyers or investors seeking strong investment returns, these studio suites seldom come to market! *PRICED TO SELL - JUST REDUCED $30,000*
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Elevator |
| Heating Type | Baseboard, Electric |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| View Description | PARTIAL CITY |
| Roof | Other |
| Structures | Multi Family, Residential Attached |
| Price | $308,888 |
|---|---|
| Total Bedrooms | 1 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 384 |
| Year Built | 2004 |
| Age Of Building | 22 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Architecture Style | Bachelor/Studio |
| Stories | 1 |
| Building Amenities | Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal |
| Building Name | Novo 1 |
| Ownership Type | Leasehold prepaid-Strata |
| Maintenance Fee | $226.69 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground, Front Access |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allowed |
| Pet Restrictions | Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions |
| Rental Restrictions | 100 |
| MLS® # | R3126213 |
|---|---|
| Area | Burnaby North |
| Neighbourhood | Simon Fraser Univer. |
| City | Burnaby |
| Postal Code | V5A 4X8 |
| Gross Taxes | $995.94 |
| Zoning | P11E |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 4'2 x 4'2 ft |
| Main Level | Kitchen | 8'11 x 8'11 ft |
| Main Level | Dining Room | 6'6 x 6'6 ft |
| Main Level | Living Room | 8'4 x 8'4 ft |
| Main Level | Bedroom | 9'7 x 9'7 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Royal LePage Sussex
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
402 9298 University Crescent has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in Simon Fraser Univer.. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 4X8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~5.7 km). Annual avg AQHI 0 — Low Risk.
Burnaby currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.
Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
402 9298 University Cres, Burnaby, BC is ideally located for commuters. The property is 2.1 km from Burquitlam, with a 59 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Tower Rd @ University High Street (0.41 km). Walk Score Transit rating: Good Transit (53/100).
Based on 9 comparable active apartments/condos in Simon Fraser Univer., the average asking price is $342,481. This listing is priced 9.8% below the neighbourhood average. This property is flagged as a Hot Deal (8.6% price reduction) based on its competitive pricing and market demand.
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