509 9262 University Cres, Burnaby BC - Apartment/Condo for Sale - MLS# R3047369

$515,000
Est. Mortgage $2,278/mo
Novo 2
2 Beds
1 Baths
804 sqft
641 $ /sqft
456.88 $ Maint. fee
2006 built
6.8% price reduction
$515,000
$552,800
Est. $2,278/mo with 20% down
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

Photos

Property Details for 509 9262 University Crescent

6.8% price reduction

Welcome to Novo 2! This beautiful 2 bed + Den, 1 bath unit in a fully concrete building is ready for you to move in! 804 sqft of living space and an excellent layout! Huge covered balcony with excellent view in fall/winter and privacy throughout the year. Open concept kitchen and living room with granite counters throughout! Large and bright primary bedroom! Good size full bathroom + in suite laundry. Brand new flooring throughout. Well run strata with a healthy contingency! All of this in a great location walking distance to SFU and everything UniverCity has to offer! Hiking trails, grocery, restaurants, coffee shops, shopping, and more!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 0
Heating Type Electric
Laundry In Unit
# of Kitchens 1
Flooring Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Mountains when leaves are gone
Structures Multi Family, Residential Attached

Building Details

Price $515,000
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 804
Year Built 2006
Age Of Building 20
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Trash, Maintenance Grounds, Management
Building Name Novo 2
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $456.88
Amenities Nearby Bike Room, Exercise Centre, Trash, Maintenance Grounds, Management
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground
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 Suites None

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3047369
Area Burnaby North
Neighbourhood Simon Fraser Univer.
City Burnaby
Postal Code V5A 0A4
Gross Taxes $1,668.65
Zoning P11E

Property Timeline

Status Date Price
R3047369 / Active 09-12-2025 $515,000
R2922196 / Terminated 09-06-2024 $568,800
Rooms
Floor Type Dimensions
Main Level Kitchen 7'2 x 7'2 ft
Main Level Living Room 12'5 x 12'5 ft
Main Level Dining Room 11'2 x 11'2 ft
Main Level Primary Bedroom 12'6 x 12'6 ft
Main Level Bedroom 10'7 x 10'7 ft
Main Level Den 7'2 x 7'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: 2 Percent Realty West Coast & 2 Percent Realty West Coast

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.

Map & Neighbourhood

Public Schools

Elementary
University Highlands Elementary School
0.29 km
Secondary
Burnaby Mountain Secondary School
2.78 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
1.67 km
Elementary, Secondary
Mediated Learning Academy
1.67 km

Closest Transit

Bus Stop
Southbound Tower Rd @ University High Street
0.44 km
Skytrain
Skytrain @ Burquitlam Station
2.22 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

Sell Speed & Competition

52 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $479,002
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.22 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SIMON FRASER UNIVER. compares
This property
300 DOM
Listed
Simon Fraser Univer. avg
Burnaby avg

509 9262 University Crescent has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 7% above comparable active properties in Simon Fraser Univer.. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5A 0A4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 0A4, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

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.

Air Quality B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~5.9 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

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.

Precipitation Increasing

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.

Drought Stable

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.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 509 9262 University Crescent

Pre-computed routes from 509 9262 University Cres, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Burquitlam → Waterfront
    61 min
  • Metrotown, Burnaby via Burquitlam → Metrotown
    56 min
  • SFU Burnaby via Burquitlam → Production Way
    36 min
  • Richmond Centre via Burquitlam → Brighouse
    86 min
  • YVR Airport via Burquitlam → YVR-Airport
    87 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    18 min
  • Metrotown, Burnaby via Lougheed Hwy
    11 min
  • SFU Burnaby via Gaglardi Way
    4 min
  • Richmond Centre via No. 3 Rd
    25 min
  • YVR Airport via Bridgeport / Sea Island
    27 min

Calculate your commute

509 9262 University Cres, Burnaby, BC is ideally located for commuters. The property is 2.2 km from Burquitlam, with a 61 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Tower Rd @ University High Street (0.44 km). Walk Score Transit rating: Good Transit (53/100).

Walkability & Transit Near 509 9262 University Crescent

Walk Score Badge
Car-Dependent 57

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 53

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
31

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 509 9262 University Crescent

/month
Principal & Interest
Property Taxes $139
Maintenance fee 456.88
A 20% down payment of $103,000 on this $515,000 listing yields an estimated mortgage of $1,967/month (30-year fixed, 4%). Total estimated housing cost: $2,563/month, $139 property tax, $457 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $1,877/month in estimated rental income against $2,614/month in mortgage payments, the monthly cashflow is -$737/month. A 50% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Simon Fraser Univer., Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $515,000
Burnaby Loading...
Simon Fraser Univer. Loading...

Based on 29 comparable active apartments/condos in Simon Fraser Univer., the average asking price is $537,544. This listing is priced 4.2% below the neighbourhood average. This property is flagged as a Hot Deal (6.8% price reduction) based on its competitive pricing and market demand.

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

Listing Agent & Brokerage

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

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Walkability & Transit Near 509 9262 University Crescent

Walk Score Badge
Car-Dependent 57

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 53

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
31

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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