1006 9541 Erickson Dr, Burnaby BC - Apartment/Condo for Sale - MLS# R2923302
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Listing updated:
EstateBlock checked:
Erickson Towers
2
Beds
1
Baths
890
sqft
662
$
/sqft
447
$
Maint. fee
1983
built
Closed
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This property sold for
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Listing updated:
EstateBlock checked:
Photo
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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history
Map & Neighbourhood
Public Schools
Secondary
Burnaby Mountain Secondary School
0.85 km
Elementary
Cameron Elementary School
Average
0.1 km
6.3/10
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
1.72 km
Secondary
Coquitlam College
0.66 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
Sell Speed & Competition
54 / 100
Overall sell-speed score
Moderate pace expected
—
Price competition grade
No comparable data
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SULLIVAN HEIGHTS compares
This property
38 DOM
Average
Sullivan Heights avg
41 DOM
Average
Burnaby avg
41 DOM
Slower market
1006 9541 Erickson Drive has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band.
The listing is has limited comparable pricing data available.
The local market is currently a Balanced Market with a sales-to-active ratio of 12.7% and an area average of 41 days on market — conditions are balanced.
With only 551 competing homes currently listed, this property has significant competition.
Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Nearby Restaurants, Cafes & Shops
Mortgage Calculator for 1006 9541 Erickson Drive
/month
Principal & Interest
Property Taxes$0
Maintenance fee447
Financing 80% of the $589,000 asking price over 30 years at 4% results in approximately $2,697/month in total estimated carrying costs, $447 maintenance fee.
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 Payment0%
Cap Rate
Cash on Cash
This listing generates an estimated $2,147/month in rental income, leaving a -$608/month cashflow at current carrying costs. Investors targeting break-even would need roughly 42% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for 1006 9541 Erickson Drive, Burnaby
Buy Vs Rent Calculator
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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.
Price vs Neighbourhood Average — Sullivan Heights, Burnaby
This Home
Burnaby
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Sullivan Heights
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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
