502 8750 University Cres, Burnaby, BC
$688,800
Est. Mortgage /mo
MLS® R3067343
2
Beds
2
Baths
807
sqft
854
$
/sqft
541.99
$
Maint. fee
2023
built
Property Details & Specs
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!
Property Timeline
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
- 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 fee
0
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 Payment
0%
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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18 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
Listing Price Comparision
This house
$1,400,000
Surrey
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
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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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
