101 9298 University Cres, Burnaby BC - Apartment/Condo for Sale - MLS# R3112938

142 days on the market
$488,000
Est. Mortgage $2,159/mo
Listing updated:
EstateBlock checked:
Novo
1 Beds
1 Baths
709 sqft
688 $ /sqft
414.53 $ Maint. fee
2005 built
142 days on the market
$488,000
Est. $2,159/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 101 9298 University Crescent

Amazing opportunity! Discover this well-maintained South-facing one bedroom+den at Novo I, located in the heart of the Simon Fraser University community. This quiet corner unit offers exceptional convenience with easy access to the stairwell, elevator, storage room, and parking. Surrounded by nature, residents can enjoy scenic hiking and mountain biking trails along with a variety of outdoor recreational activities. The SPACIOUS 709 sqft layout in a solid concrete building provides comfort and durability. ONLY a short 5-minute walk to SFU campus, grocery stores, pharmacy, shops, restaurants, and the bus loop, making everyday living effortless. This property is ideal for university work, study, or as a strong investment opportunity in a highly sought-after rent!

Interior Features

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

Exterior Features

Exterior Features Garden, Playground, Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $488,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 709
Year Built 2005
Age Of Building 21
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Name Novo
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $414.53
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Side Access
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
Units In Development 167

Lot & Land

MLS® # R3112938
Area Burnaby North
Neighbourhood Simon Fraser Univer.
City Burnaby
Postal Code V5A 4X8
Gross Taxes $1,546.75
Zoning P11E

Property Timeline

Status Date Price
R3112938 / Active 04-17-2026 $488,000
to view full Property History (6 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 11'9 x 11'9 ft
Main Level Dining Room 9'1 x 9'1 ft
Main Level Kitchen 9'1 x 9'1 ft
Main Level Bedroom 9'6 x 9'6 ft
Main Level Den 7'9 x 7'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Multiple Realty Ltd.

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

Secondary
Burnaby Mountain Secondary School
Above Average 2.65 km 7.1/10
Elementary
University Highlands Elementary School
Above Average 0.28 km 7.4/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Queen of All Saints Elementary School
Above Average 3.93 km 8.6/10
Elementary, Secondary
Traditional Learning Academy
Above Average 4.94 km 8.4/10

Closest Transit

Bus Stop
Southbound Tower Rd @ University High Street
0.4 km
Skytrain
Skytrain @ Burquitlam Station
2.08 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

42 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $387,960
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.08 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
142 DOM
Slower than area
Simon Fraser Univer. avg
43 DOM
Average
Burnaby avg
43 DOM
Faster market

101 9298 University Crescent has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 20.5% above comparable active properties in Simon Fraser Univer.. The local market is currently a Balanced Market with a sales-to-active ratio of 15.2% and an area average of 43 days on market — conditions are balanced. With only 553 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V5A 4X8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 4X8, 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 (~5.7 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

Burnaby currently sees ~1 day 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

Restaurants (19 nearby)

  • Togo sushi · 425 m · Restaurant
  • Uncle fatih's pizza · 433 m · Fast Food
  • Chef hung · 440 m · Restaurant

Shopping (5 nearby)

  • House of vision · 397 m · Optician
  • Simon fraser university · 402 m · Post Office
  • Nesters market · 468 m · Pharmacy

Cafes (5 nearby)

  • Tim hortons · 382 m · Cafe
  • Chaiiwala of london · 411 m · Cafe
  • Chakura · 552 m · Cafe

Groceries (2 nearby)

  • Nesters market · 395 m · Supermarket
  • Bc liquor store · 510 m · Beverages

Healthcare (1 nearby)

  • Nesters market · 468 m · Healthcare

Transit (1 nearby)

  • Bus stop westbound s campus rd @ science rd · 888 m · Transit

Schools NearBy

12 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

University Highlands Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.4 / 10

Distance

281 m

Forest Grove Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

1.80 KM

Seaview Community School

Public

Grades Served

K-5

Catchment Info

4.8 / 10

Distance

2.01 KM

Stoney Creek Community Elementary

Public

Grades Served

Catchment Info

6.7 / 10

Distance

2.17 KM

Lyndhurst Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

2.19 KM

Miller Park Community School

Public

Grades Served

K-5

Catchment Info

6.4 / 10

Distance

2.31 KM

Ecole Banting Middle

Public

Grades Served

Catchment Info

4.1 / 10

Distance

2.43 KM

Ecole Moody Middle

Public

Grades Served

Catchment Info

5.1 / 10

Distance

2.59 KM

Burnaby Mountain Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.1 / 10

Distance

2.65 KM

Port Moody Secondary School

Public

Grades Served

9-12

Catchment Info

7.7 / 10

Distance

2.68 KM

Mountain View Elementary School

Public

Grades Served

K-5

Catchment Info

5.1 / 10

Distance

2.79 KM

Cameron Elementary

Public

Grades Served

Catchment Info

6.5 / 10

Distance

2.95 KM

Pre-computed routes from 101 9298 University Cres, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Burquitlam → Waterfront
    59 min
  • Metrotown, Burnaby via Burquitlam → Metrotown
    54 min
  • SFU Burnaby via Burquitlam → Production Way
    34 min
  • Richmond Centre via Burquitlam → Brighouse
    84 min
  • YVR Airport via Burquitlam → YVR-Airport
    85 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

101 9298 University Cres, Burnaby, BC is ideally located for commuters. The property is 2.1 km from Burquitlam, with a 59 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Tower Rd @ University High Street (0.4 km). Walk Score Transit rating: Good Transit (53/100).

Walkability & Transit Near 101 9298 University Crescent

Walk Score Badge
Car-Dependent 65

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
33

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 101 9298 University Crescent

/month
Principal & Interest
Property Taxes $129
Maintenance fee 414.53
Financing 80% of the $488,000 asking price over 30 years at 4% results in approximately $2,408/month in total estimated carrying costs, $129 property tax, $415 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
This listing generates an estimated $1,872/month in rental income, leaving a -$591/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.

Estateblock Rent Estimate for 101 9298 University Crescent, Burnaby

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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 — Simon Fraser Univer., Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $488,000
Burnaby Loading...
Simon Fraser Univer. Loading...

Based on 13 comparable active apartments/condos in Simon Fraser Univer., the average asking price is $405,111. This listing is priced 20.5% above the neighbourhood 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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 101 9298 University Crescent

Walk Score Badge
Car-Dependent 65

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
33

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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