207 8850 University Cres, Burnaby, BC, MLS® R3058998

$615,000
Est. Mortgage /mo

$615,000
Est. Mortgage /mo
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
2 Beds
2 Baths
1 Stories
$ 567.73 Maint. Fee
897 sqft
2019 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

207 8850 University Cres, Burnaby, BC | MLS® R3058998 Property Details

Bright end-unit 2-bedroom, 2-bath plus den at The Peak on Burnaby Mountain. Owner-occupied by the original owner. Open layout with a modern kitchen featuring quartz countertops, stainless steel appliances, and plenty of storage. Both bedrooms are spacious, and the den is perfect for a home office or study. Enjoy resort-style amenities, including a rooftop terrace with mountain and ocean views, gym, guest suite, and lounge. Steps to SFU, shops, cafes, trails, and transit. Includes 1 parking and 1 extra-large storage locker. Modern, convenient, and move-in ready.

General Info

Price $615,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 897
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2019
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Maintenance Grounds, Gas, Heat, Hot Water, Management, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3058998
Area Burnaby North
Neighbourhood Simon Fraser Univer.
City Burnaby
Gross Taxes $2,175.55
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $567.73
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Maintenance Grounds, Gas, Heat, Hot Water, Management, Sewer, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Other

Utilities

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

Parking

Parking Type Underground
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning 6
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite, Storage
Locker 1
View 1
View Description partial mountain
Units In Development 186
Exterior Features Garden, Balcony
Sewer Sanitary Sewer, Storm Sewer
Roof Torch-On

Property History

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Status Date Price
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Listed by: eXp 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 Info

Public Schools

Elementary
University Highlands Elementary School
Above Average
0.25 km
7.1/10
Secondary
Burnaby Mountain Secondary School
2.83 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
1.94 km
Elementary, Secondary
Mediated Learning Academy
1.94 km

Closest Transit

Bus Stop
SFU Transit Exchange @ Bay 4
0.32 km
Skytrain
Skytrain @ Burquitlam Station
2.48 km

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

Welcome to 207 8850 University Crescent, a beautiful home in the heart of Burnaby, BC!

As we step inside this stunning property with MLS® R3058998, you'll be surrounded by the best of what Burnaby has to offer. Let me take you on a tour of the vibrant community that awaits you.

Schools

First, let's talk about the schools. University Highlands Elementary School, rated 7.1/10, is just a 0.25 km stroll away from your front door. This esteemed institution is a favorite among families, offering a well-rounded education and a supportive community. And for older students, Burnaby Mountain Secondary School, with its No Rating, is a short 2.83 km drive away.

But that's not all - the nearby Mediated Learning Academy, an independent elementary school, boasts No Rating, yet is just 1.94 km from your doorstep. And for secondary students, this same school is also just 1.94 km away, offering a unique and personalized learning experience.

Safety

Now, let's talk about safety. According to the latest 2020 crime statistics from Statistics Canada, the neighborhood surrounding 207 8850 University Crescent, Burnaby, BC has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. This means you can feel safe and secure in your new home.

Breaking down the crime stats further, we see that the drug crime rate is also Below Average, with a rating of 126.78, and the year-over-year change in the illegal substances offences ranking is a mere 2.35%. Property crimes in the area are Average, with a rating of 3,691.76, and the year-over-year change in the property misconduct rate is a healthy -17.54%. Even violent crimes are Low, with a rate of 893.28, and a year-over-year change of -5.51%.

Transit

Getting around is a breeze with the SFU Transit Exchange @ Bay 4 just a 0.32 km walk away from your front door. This convenient transit hub offers easy access to public transportation, making it simple to get to work, school, or anywhere else you need to go.

Demographics

Looking at the demographics of the area, we see that 36.8% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. And with a Low 7.4% of the population having no certificate or degree, you can feel confident that your new community is well-educated and supportive.

The median household income in the area is $71,834, which is Average compared to the British Columbia average. Median personal income is $29,798, which is Below Average, but don't worry - this just means you'll have more opportunities to connect with your community and build strong relationships.

Lifestyle Amenities

When it comes to lifestyle amenities, this neighborhood has it all. You'll find a mix of parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. Whether you're an outdoor enthusiast, a foodie, or just looking for a convenient place to live, 207 8850 University Crescent is the perfect choice.

Real Estate Context

As for the real estate context, the average dwelling value in the area is $793,873, which is High compared to other areas in British Columbia. But don't worry - this just means you're getting a great value for your money. And with Average Owner payments of $1,562 and Tenants paying $1,393, you can feel confident that you're making a smart investment.

Community

So what's the community like? Well, 45.1% of the population in the area are Renters, which is Above Average compared to other BC cities and areas. And with 23.2% of residents using Public Transport, 65% using Cars, 1.3% using Bicycles, and 9.5% walking, you can feel confident that you'll have plenty of options for getting around.

Conclusion

In conclusion, 207 8850 University Crescent is a beautiful home in a vibrant community that offers the best of what Burnaby has to offer. With its excellent schools, safe neighborhoods, convenient transit options, and a range of lifestyle amenities, this property is the perfect choice for anyone looking for a comfortable and convenient place to call home.

So why wait? Contact me today to schedule a viewing and make 207 8850 University Crescent, Burnaby, BC your dream home.

MLS® R3058998

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $615,000
Burnaby $834,833
Simon Fraser Univer. $673,000
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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