Home Burnaby, BC Simon Fraser Univer. Novo 2 207 9262 University Crescent

207 9262 University Cres, Burnaby BC V5A 0A4 – Condo for Sale – MLS® R3134148

207 9262 University Crescent, Burnaby, British Columbia V5A 0A4

Burnaby Condos for Sale

155 days on the market

$589,900

Est. monthly cost $3,123/mo

Updated with MLS® - Nov 11, 2026 at 11:45am

Novo Two

3 Beds

2 Baths

1000 sqft

590 $ /sqft

580.25 $ Maint. fee

2006 built

6.2% price reduction 16% cheaper than comps

Photos

Discover elevated living at NOVO TWO, a well-managed concrete building in the heart of SFU’s Univercity. Offering nearly 1,000 sqft of thoughtfully designed interior space, this spacious home is configured with 3 bedrooms plus a den and 2 full baths, creating excellent flexibility for families, students, or investors. The open-concept kitchen flows seamlessly into the dining and living areas, perfect for everyday living and entertaining. Step onto the private balcony and enjoy a peaceful treed outlook that changes beautifully with the seasons. Steps to SFU, transit, Nesters Market, childcare, elementary school, restaurants, hiking trails, and bike paths.

Building 26 fields Inside & out 12 fields Lot & land 7 fields

Building Details

Price	$589,900
Total Bedrooms	3
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1000
Year Built	2006
Age Of Building	20
Building Type	Apartment/Condo
Unit Style	Corner unit
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Management, Water
Building Name	Novo Two
Ownership Type	Leasehold prepaid-Strata
Maintenance Fee	$580.25
Amenities Nearby	Bike Room, Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Management, Water
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Community
Parking Type	Underground, Garage Door Opener
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions
Rental Suites	None
Units In Development	175

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features	Elevator
Heating Type	Baseboard
# of Kitchens	1
Flooring	Laminate, Mixed, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
View Description	Seasonal Colors Tree View
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3134148
Area	Burnaby North
Neighbourhood	Simon Fraser Univer.
City	Burnaby
Postal Code	V5A 0A4
Gross Taxes	$1,990.2
Zoning	P11E

Property Timeline

Status	Date	Price
R3134148 / Active	06-09-2026	$589,900
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Foyer	8'1 x 8'1 ft
Main Level	Den	10'4 x 10'4 ft
Main Level	Kitchen	12'6 x 12'6 ft
Main Level	Dining Room	10'9 x 10'9 ft
Main Level	Living Room	11'6 x 11'6 ft
Main Level	Primary Bedroom	10'8 x 10'8 ft
Above Level	Bedroom	14'8 x 14'8 ft
Main Level	Bedroom	11'10 x 11'10 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Main Level	Yes	#3

Listed by: 1NE Collective 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.

About the building: Novo 2

9232 University Crescent, Simon Fraser Univer., Burnaby

Novo 2 building details

Building

Built: 2006
Homes: 175 in 10 storeys
Construction: Concrete
Title: Leasehold prepaid-Strata
Strata plan: BCS1893
Managed by: Rancho Management
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: Snow removalRecreation FacilityManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 2
Rentals: Allowed

Market at Novo 2

For sale: 4
Median ask: $497K
Median $/sqft: $601
Days on market: 106
Sold, past year: 5

This home

$590/sqft, 1.8% below the building median of $601.

Leasehold prepaid-Strata, not freehold strata. Ask for the lease expiry date, the prepaid rent position, and which lenders will finance it.

Homes for sale at Novo 2, Burnaby Recent sold listings in Novo 2, Burnaby

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 2.22 km · Burnaby Mountain Secondary School 7.1/10 · 2.78 km · crime below average · sell-speed score 70/100 (likely within weeks) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (19 nearby)

Togo sushi · 424 m · Restaurant
Uncle fatih's pizza · 431 m · Fast Food
Chef hung · 437 m · Restaurant

Cafes (6 nearby)

Tim hortons · 388 m · Cafe
Chaiiwala of london · 412 m · Cafe
Chakura · 553 m · Cafe

Shopping (5 nearby)

House of vision · 400 m · Optician
Simon fraser university · 419 m · Post Office
Nesters market · 477 m · Pharmacy

Groceries (2 nearby)

Nesters market · 414 m · Supermarket
Bc liquor store · 510 m · Beverages

Healthcare (1 nearby)

Nesters market · 477 m · Healthcare

Transit (1 nearby)

Bus stop westbound s campus rd @ science rd · 899 m · Transit

Public Schools

Secondary
Burnaby Mountain Secondary School: Above Average 2.78 km 7.1/10
Elementary
University Highlands Elementary School: Above Average 0.29 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 4.02 km 8.6/10
Elementary, Secondary
Traditional Learning Academy: Above Average 5.06 km 8.4/10

Closest Transit

Bus Stop
Southbound Tower Rd @ University High Street: 0.44 km
Skytrain
Skytrain @ Burquitlam Station: 2.22 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

70 / 100

Overall sell-speed score

Likely within weeks

Price competition grade

Avg comparable: $702,000

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.22 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

155 DOM

Slower than area

Simon Fraser Univer. avg

41 DOM

Average

Burnaby avg

41 DOM

Faster market

207 9262 University Crescent has a sell-speed score of 70/100, placing it in the "Expected to sell within weeks" band. The listing is priced 16% below comparable active properties in Simon Fraser Univer., which is a strong competitive signal. 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 551 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V5A 0A4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 0A4, 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. Nearest station: New Westminster Sapperton Park, New Westminster (~5.9 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.

Schools NearBy

11 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 294 m
Forest Grove Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.90 KM
Seaview Community School	Public	Grades Served K-5	Catchment Info —	4.8 / 10	Distance 2.03 KM
Stoney Creek Community Elementary	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.31 KM
Lyndhurst Elementary School	Public	Grades Served K-7	Catchment Info —	N/A	Distance 2.33 KM
Miller Park Community School	Public	Grades Served K-5	Catchment Info —	6.4 / 10	Distance 2.41 KM
Ecole Banting Middle	Public	Grades Served —	Catchment Info —	4.1 / 10	Distance 2.54 KM
Ecole Moody Middle	Public	Grades Served —	Catchment Info —	5.1 / 10	Distance 2.63 KM
Port Moody Secondary School	Public	Grades Served 9-12	Catchment Info —	7.7 / 10	Distance 2.74 KM
Burnaby Mountain Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.1 / 10	Distance 2.78 KM
Mountain View Elementary School	Public	Grades Served K-5	Catchment Info —	5.1 / 10	Distance 2.92 KM

Pre-computed routes from 207 9262 University Cres, Burnaby, BC

207 9262 University Cres, Burnaby, BC Burquitlam 2.2 km

61 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Burquitlam → Waterfront
61 min
Metrotown, Burnaby via Burquitlam → Metrotown
56 min
SFU Burnaby via Burquitlam → Production Way
36 min
Richmond Centre via Burquitlam → Brighouse
86 min
YVR Airport via Burquitlam → YVR-Airport
87 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

207 9262 University Cres, Burnaby, BC is ideally located for commuters. The property is 2.2 km from Burquitlam, with a 61 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Tower Rd @ University High Street (0.44 km). Walk Score Transit rating: Good Transit (53/100).

Walkability & Transit Near 207 9262 University Crescent

Somewhat Walkable 57

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Good Transit 53

Transit Score - Good Transit

Many nearby public transportation options

Somewhat Bikeable 31

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $3,123/month · rent estimate $2,264/month · owning catches up with renting by year 14 · cash flow if rented −$1,030/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 207 9262 University Crescent

$3,123 /month

Principal & Interest $2,377

Property Taxes $166

Maintenance fee $580

The estimated monthly cost of 207 9262 University Crescent, Burnaby is $3,123: $2,377 principal and interest with 20% down over 30 years at 4.45%, plus $166 property tax and $580 strata fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$1,030 /month

Mortgage Payment $2,377

Monthly Cash Flow −$1,030

Break Even Down Payment 55%

Cap Rate -2.1%

Cash on Cash -10.5%

If 207 9262 University Crescent, Burnaby were rented at $2,264 a month with 5% vacancy, it would fall $1,030 a month short of the mortgage and carrying costs; about 55% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 207 9262 University Crescent, Burnaby

$2,264 / month

Rent $2,264

Own $3,123

Principal: $765/mo Interest, tax, insurance, fees: $2,358/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$640/mo (year 1) → ~$1,488/mo (year 20) → ~$2,220/mo (year 29).

Net cost to own at year 5 ~$2,358/mo About $94/mo more than renting

EstateBlock estimates 207 9262 University Crescent, Burnaby would rent for about $2,264 a month.

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.

Rent vs own: 207 9262 University Crescent

Rent vs own

Owning catches up by year 14

With 20% down ($117,980) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $42,054

Principal paid off by year 10 $94,567

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 207 9262 University Crescent, Burnaby is cheaper at first, but owning catches up by year 14, with $42,054 of principal paid off by year 5 and $94,567 by year 10.