Home Burnaby, BC Simon Fraser Univer. Novo 2 509 9262 University Crescent

509 9262 University Cres, Burnaby BC - Apartment/Condo for Sale - MLS# R3047369

359 days on the market

$515,000

Est. Mortgage $2,278/mo

Listing updated: May 25, 2026 at 11:11pm

EstateBlock checked: Sep 5, 2026 at 11:45pm

Novo 2

2 Beds

1 Baths

804 sqft

641 $ /sqft

456.88 $ Maint. fee

2006 built

6.8% price reduction

359 days on the market

$515,000

$552,800

Est. $2,278/mo with 20% down

Listing updated: May 25, 2026 at 11:11pm

EstateBlock checked: Sep 5, 2026 at 11:45pm

Photos

Exterior Front Photo of 509 9262 University Crescent, Burnaby, BC

Exterior Rear Photo of 509 9262 University Crescent, Burnaby, BC

Living Room Photo of 509 9262 University Crescent, Burnaby, BC

Family Room Photo of 509 9262 University Crescent, Burnaby, BC

Dining Area Photo of 509 9262 University Crescent, Burnaby, BC

Kitchen Photo of 509 9262 University Crescent, Burnaby, BC

Kitchen Island Photo of 509 9262 University Crescent, Burnaby, BC

Pantry Photo of 509 9262 University Crescent, Burnaby, BC

Breakfast Nook Photo of 509 9262 University Crescent, Burnaby, BC

Primary Bedroom Photo of 509 9262 University Crescent, Burnaby, BC

Welcome to Novo 2! This beautiful 2 bed + Den, 1 bath unit in a fully concrete building is ready for you to move in! 804 sqft of living space and an excellent layout! Huge covered balcony with excellent view in fall/winter and privacy throughout the year. Open concept kitchen and living room with granite counters throughout! Large and bright primary bedroom! Good size full bathroom + in suite laundry. Brand new flooring throughout. Well run strata with a healthy contingency! All of this in a great location walking distance to SFU and everything UniverCity has to offer! Hiking trails, grocery, restaurants, coffee shops, shopping, and more!

Interior Features

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

Exterior Features

Exterior Features	Balcony
View Description	Mountains when leaves are gone
Structures	Multi Family, Residential Attached

Building Details

Price	$515,000
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	804
Year Built	2006
Age Of Building	20
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Trash, Maintenance Grounds, Management
Building Name	Novo 2
Ownership Type	Leasehold prepaid-Strata
Maintenance Fee	$456.88
Amenities Nearby	Bike Room, Exercise Centre, Trash, Maintenance Grounds, Management
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground
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

Lot & Land

Lot Size Depth	Feet
Lot Size Frontage	0
MLS^® #	R3047369
Area	Burnaby North
Neighbourhood	Simon Fraser Univer.
City	Burnaby
Postal Code	V5A 0A4
Gross Taxes	$1,668.65
Zoning	P11E

Property Timeline

Status	Date	Price
R3047369 / Active	09-12-2025	$515,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	7'2 x 7'2 ft
Main Level	Living Room	12'5 x 12'5 ft
Main Level	Dining Room	11'2 x 11'2 ft
Main Level	Primary Bedroom	12'6 x 12'6 ft
Main Level	Bedroom	10'7 x 10'7 ft
Main Level	Den	7'2 x 7'2 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: 2 Percent Realty West Coast & 2 Percent Realty West Coast

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

Elementary
University Highlands Elementary School: 0.29 km
Secondary
Burnaby Mountain Secondary School: 2.78 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: 1.67 km
Elementary, Secondary
Mediated Learning Academy: 1.67 km

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

64 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $550,535

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

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

359 DOM

Slower than area

Simon Fraser Univer. avg

43 DOM

Average

Burnaby avg

43 DOM

Faster market

509 9262 University Crescent has a sell-speed score of 64/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.9% 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 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 may take several weeks to attract serious offers.

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 (BC ENV 2024). 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.

Nearby Restaurants, Cafes & Shops

Restaurants (19 nearby)

Togo sushi · 425 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

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 —	0	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 509 9262 University Cres, Burnaby, BC

509 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

509 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 509 9262 University Crescent

Car-Dependent 57

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 53

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 31

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 509 9262 University Crescent

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $139

Maintenance fee 456.88

A 20% down payment of $103,000 on this $515,000 listing yields an estimated mortgage of $1,967/month (30-year fixed, 4%). Total estimated housing cost: $2,563/month, $139 property tax, $457 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: May 25, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $1,877/month in estimated rental income against $2,614/month in mortgage payments, the monthly cashflow is -$737/month. A 50% down payment would reach break-even.

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

Estateblock Rent Estimate for 509 9262 University Crescent, 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.