207 8940 University Cres, Burnaby, BC | MLS^® R3064907 Property Details

One bedroom plus den at Terraces at the Peak in SFU University. Like brand new. Brand New Paint. This spacious one bedroom + den home is efficiently designed and boasts private greenbelt exposure. East facing, natural light will fill this open floor plan. Enjoy the well appointed kitchen with stainless steel appliances, a gas range, and barstool height counters perfect for entertaining. This home is simply perfect for value oriented investors looking for consistent income or for living. Building amenities include an expansive. Strata fee includes heating. Great value!

General Info

Price $499,000

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 612

Lot Size -

Lot Size Depth Feet

Lot Size Frontage 0

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2021

Age Of Building 4

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Amenities Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, Sewer, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3064907

Area Burnaby North

Neighbourhood Simon Fraser Univer.

City Burnaby

Gross Taxes $1,593.13

Ownership Type Leasehold prepaid-Strata

Maintenance Fee $421.88

Community Features Shopping Nearby

Amenities Nearby Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, Sewer, Snow Removal

Heating & Cooling

Fireplace 0

Heating Type Baseboard, Hot Water

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Garage Door Opener

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 P11E S

Rental Suites -

Laundry In Unit

# of Kitchens 1

Flooring Laminate

Foundation Concrete Perimeter

Interior Features Elevator

Locker -

View -

View Description -

Units In Development -

Exterior Features Garden, Playground, Balcony

Sewer Public Sewer, Sanitary Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11' x 11' ft
Main Level	Dining Room	11' x 11' ft
Main Level	Kitchen	10' x 10' ft
Main Level	Bedroom	12' x 12' ft
Main Level	Den	8' x 8' ft

Listed by: Nu Stream Realty Inc.

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

0.26 km

7.1/10

Secondary

Burnaby Mountain Secondary School

2.85 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

1.92 km

Elementary, Secondary

Mediated Learning Academy

1.92 km

Closest Transit

Bus Stop

SFU Transit Exchange @ Bay 4

0.38 km

Skytrain

Skytrain @ Burquitlam Station

2.46 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 8940 University Crescent, a charming home located in the heart of Burnaby, BC. This exceptional property, listed as MLS^® R3064907, is not only a beautiful living space but also situated in a thriving community that offers an excellent quality of life.

Education:

Let's start with the schools. Your children will attend top-rated institutions, including University Highlands Elementary School, which is just a short 0.26 km away. With a rating of 7.1/10, this school provides an excellent foundation for young learners. For secondary education, Burnaby Mountain Secondary School is a mere 2.85 km away, offering a range of academic and extracurricular opportunities.

Safety:

When it comes to safety, this neighborhood has a Below Average crime rate compared to other Canadian cities, according to Statistics Canada's 2020 report. With a total crime rate of 6,145.56, you can feel secure in your home. The rate of drug-related crimes is also Below Average, with a rating of 126.78. Property crimes are Average, with a rating of 3,691.76. Violent crimes are Low, with a rate of 893.28.

Neighborhood Amenities:

This home is close to various amenities, including the SFU Transit Exchange @ Bay 4, which is just 0.38 km away. For those who value education, 36.8% of residents in this neighborhood hold a university certificate or degree, making it a High in comparison to other BC neighborhoods. The median household income is $71,834, which is Average compared to the British Columbia average. The median personal income is $29,798, which is Below Average.

Demographics:

The population in this area is 637.5 people per square kilometer, making it an Average density. The average family size is 2.9, which is Average compared to the whole region. 67.6% of families have children, making it Above Average. The average age of the population is 35.8, which is Low in comparison to other BC cities.

Lifestyle:

This home is perfect for those who value convenience and accessibility. With public transportation options nearby, you'll have easy access to various parts of the city. The average value of dwellings in this neighborhood is $793,873, making it High compared to other areas in British Columbia. Average owner payments are Above Average, with owners spending $1,562 per month on average. Tenants are paying $1,393, which is also High compared to other cities.

Community:

The community surrounding 207 8940 University Crescent is diverse and vibrant. 45.1% of the population are renters, making it Above Average compared to other BC cities and areas. The neighborhood offers a range of amenities, including parks, beaches, trails, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby.

Real Estate Context:

This property is a rare find in a highly sought-after neighborhood. With its excellent schools, safety features, and convenient location, it's an ideal home for families and individuals seeking a high-quality lifestyle. As a seasoned realtor, I can attest that this property is a hidden gem in the Burnaby real estate market.

If you're looking for a home that offers the best of both worlds – quality education, safety, and convenience – look no further than 207 8940 University Crescent, Burnaby, BC. This exceptional property, listed as MLS^® R3064907, is a must-see for anyone seeking a superior living experience.