University City Living with This Exceptional 2-Bed, 2-Bath Concrete Unit by MOSAIC. Experience the perfect blend of LOCATION AND VIEWS in this Newly constructed, modern 2-bedroom, 2-bathroom residence at the heart of SFU. Positioned as a corner unit, it showcases breathtaking views and features a contemporary open-concept layout flooded with natural light. benefiting from its prime location, this property is an ideal investment opportunity with convenient access to grocery stores, shopping, recreation, transit, and SFU. Included is one parking stall, making it a practical choice for both personal residence and investment purposes. Seize the opportunity-reach out for more details!
General Info
Price
$688,800
Total Bedrooms
2
Total Bathrooms
2
Half Bathrooms
0
Floor Area Total (sqft)
807
Lot Size
-
Lot Size Depth
-
Lot Size Frontage
-
Basement
None
Basement Features
-
Property Metrics
Year Built
2023
Age Of Building
2
Building Type
Apartment/Condo
Property Type
Residential
Stories
1
Building Amenities
Bike Room, Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Snow Removal, Water
Building Features
-
Structures
Multi Family, Residential Attached
Additional Details
MLS® #
R3067343
Building Name
-
Area
Burnaby North
Neighbourhood
Simon Fraser Univer.
City
Burnaby
Postal Code
V5A 0G9
Price per Sqft
$854
Gross Taxes
$2,194.67
Ownership Type
Leasehold prepaid-Strata
Maintenance Fee
$541.99
Amenities Nearby
Bike Room, Trash, Maintenance Grounds, Heat, Hot Water, Management, Sewer, Snow Removal, Water
Heating & Cooling
Fireplace
-
Heating Type
Baseboard
Utilities
Utility Type
Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)
Public
Parking
Parking Type
Underground, Guest, Rear Access
Total Parking Spaces
1
Rooms
Floor
Type
Dimensions
Main Level
Living Room
8'10 x 8'10 ft
Main Level
Dining Room
8'10 x 8'10 ft
Main Level
Kitchen
6'5 x 6'5 ft
Main Level
Bedroom
8'7 x 8'7 ft
Main Level
Bedroom
8'6 x 8'6 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
Yes
#3
Main Level
No
#3
Listed by: Royal LePage Global Force Realty
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
0.26 km
7.1/10
Secondary
Burnaby Mountain Secondary School
2.77 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
1.97 km
Elementary, Secondary
Mediated Learning Academy
1.97 km
Closest Transit
Bus Stop
SFU Transit Exchange @ Bay 4
0.21 km
Skytrain
Skytrain @ Burquitlam Station
2.50 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$183
Maintenance fee0
Financing 80% of the $688,800 asking price over 30 years at 4% results in approximately $3,356/month in total estimated carrying costs, $183 property tax, $542 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 Payment0%
This listing generates an estimated $2,574/month in rental income, leaving a -$838/month cashflow at current carrying costs. Investors targeting break-even would need roughly 46% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$688,800
Burnaby
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Simon Fraser Univer.
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19 comparable Apartment/Condos are currently active in Simon Fraser Univer., with a median asking price of $669,407. This property is listed 2.9% above the local average and 19% below the Burnaby average.
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
What are the closest top-rated schools to 502 8750 University Crescent, Burnaby, BC?
The closest top-rated schools are University Highlands Elementary School and Burnaby Mountain Secondary School.
Is 502 8750 University Crescent, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 502 8750 University Crescent, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $4,133.
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