704 9541 Erickson Dr, Burnaby BC V3J 7N8 – Condo for Sale – MLS® R3175325

704 9541 Erickson Drive, Burnaby, British Columbia V3J 7N8

34 days on the market
$465,000
Est. monthly cost $2,463/mo
Updated with MLS® -
2 Beds
1 Baths
892 sqft
521 $ /sqft
452.51 $ Maint. fee
1981 built
34 days on the market
$465,000
Est. $2,463/mo with 20% down
Updated with MLS® -

Property Details for 704 9541 Erickson Drive

Bright, super clean, updated south-facing 2 bed, 1 bath home in sought-after Erickson Tower. Spacious 885 sq.ft. featuring a large living/dining area, generous bedrooms, updated flooring, kitchen & bathroom. Includes 1 secured parking stall & 1 storage locker. Proactive strata has invested $9M+ in major upgrades including rainscreened building envelope, windows, sliding doors, balcony railings, roof (2020), parking membrane (2020), repiping (2016) & elevator modernization (2026). Amenities include an indoor pool, gym & sauna. Steps to Lougheed Mall, SkyTrain, Cameron Elementary, Burnaby Mountain Secondary & the new Cameron Community Centre. Cats welcome. An excellent opportunity for first-time buyers, downsizers, or investors. Don't miss it-call today to book your private viewing!

Building Details

Price $465,000
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 892
Year Built 1981
Age Of Building 45
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Sauna/Steam Room, Electricity, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Ownership Type Freehold Strata
Maintenance Fee $452.51
Amenities Nearby Exercise Centre, Sauna/Steam Room, Electricity, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Utility Type Community, Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Underground, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Not Allowed,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, No Dogs, No
Units In Development 112

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Dishwasher, Refrigerator, Microwave, Range Top
Interior Features Elevator
Heating Type Baseboard, Electric
Laundry Common Area
# of Kitchens 1
Flooring Laminate, Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description GREENARY/CITY
Structures Multi Family, Residential Attached

Lot & Land

Lot Size Depth Feet
MLS® # R3175325
Area Burnaby North
Neighbourhood Sullivan Heights
City Burnaby
Postal Code V3J 7N8
Gross Taxes $1,626.35
Zoning MULTI

Property Timeline

Status Date Price
R3175325 / Active 10-08-2026 $465,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 16' x 16' ft
Main Level Dining Room 10' x 10' ft
Main Level Kitchen 8' x 8' ft
Main Level Bedroom 15' x 15' ft
Main Level Bedroom 11' x 11' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Evergreen West 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.

About the building: Erickson Tower

9541 Erickson Drive, Sullivan Heights, Burnaby

Erickson Tower building details

Building

Built
1981
Homes
112
Construction
Concrete
Title
Freehold Strata
Strata plan
NWS1629
Managed by
Tribe Management
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
Recreation FacilityManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats OK, no dogs, max 2
Rentals
Allowed

Market at Erickson Tower

For sale
2
Median ask
$452K
Median $/sqft
$553
Days on market
62
Sold, past year
2
This home

$521/sqft, 5.8% below the building median of $553.

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

Map, sell speed & climate

SkyTrain 0.64 km · Burnaby Mountain Secondary School 7.1/10 · 0.85 km · crime below average · sell-speed score 57/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (65 nearby)

  • Creative nail and esthetics · 128 m · Beauty Shop
  • Courtesy cleaners · 131 m · Laundry
  • Divine one jewellers · 133 m · Jeweller

Restaurants (42 nearby)

  • Green leaf sushi cafe · 122 m · Restaurant
  • Pelicana chicken · 129 m · Restaurant
  • Secret garden · 135 m · Restaurant

Groceries (14 nearby)

  • I. mart · 126 m · Greengrocer
  • Joe's farm market · 132 m · Greengrocer
  • 786 spice bazar · 133 m · Convenience

Cafes (10 nearby)

  • Tim hortons · 342 m · Cafe
  • Big orange · 348 m · Cafe
  • Bubble waffle cafe · 363 m · Cafe

Transit (3 nearby)

  • Skytrain @ lougheed town centre station station · 642 m · Transit
  • Skytrain @ lougheed stn station · 645 m · Transit
  • Bus stop eastbound austin ave @ 500 block · 979 m · Transit

Gyms (2 nearby)

  • Cameron recreation centre · 300 m · Gym
  • Temporary cameron community centre · 403 m · Gym

Healthcare (2 nearby)

  • Shoppers drug mart · 477 m · Healthcare
  • Pharmasave · 695 m · Healthcare

Public Schools

Secondary
Burnaby Mountain Secondary School
Above Average 0.85 km 7.1/10

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

Private Schools

Elementary
St.Michaels School
1.88 km
Elementary,Secondary
Urban Academy Senior
Above Average 2.63 km 8.6/10

Closest Transit

Bus Stop
Westbound Cameron St @ Bartlett Court
0.09 km
Skytrain
Skytrain @ Lougheed Town Centre Station
0.64 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average 31.9%
No Certificate/Degree
Below Average 11.4%
Owner Occupied
Below Average 53.9%
Employment Rate
Below Average 49.5%

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

57 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $488,000
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.64 km from station
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
34 DOM
Average
Sullivan Heights avg
41 DOM
Average
Burnaby avg
41 DOM
Slower market

704 9541 Erickson Drive has a sell-speed score of 57/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 4.7% below comparable active properties in Sullivan Heights, 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 may take several weeks to attract serious offers.

Climate Risk for V3J 7N8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3J 7N8, 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 (~2.9 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

23 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Cameron Elementary

Public

Grades Served

—

Catchment Info

—
6.5 / 10

Distance

113 m

Stoney Creek Community Elementary

Public

Grades Served

—

Catchment Info

—
6.7 / 10

Distance

694 m

Lyndhurst Elementary School

Public

Grades Served

K-7

Catchment Info

—
N/A

Distance

785 m

Burnaby Mountain Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.1 / 10

Distance

850 m

Roy Stibbs Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.5 / 10

Distance

1.14 KM

Mountain View Elementary School

Public

Grades Served

K-5

Catchment Info

—
5.1 / 10

Distance

1.66 KM

Forest Grove Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

1.86 KM

St.Michaels School

Independent

Grades Served

K-7

Catchment Info

—
N/A

Distance

1.88 KM

Lord Baden-Powell Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.3 / 10

Distance

1.99 KM

Miller Park Community School

Public

Grades Served

K-5

Catchment Info

—
6.4 / 10

Distance

2.09 KM

Ecole Banting Middle

Public

Grades Served

—

Catchment Info

—
4.1 / 10

Distance

2.14 KM

Our Lady of Fatima

Independent

Grades Served

—

Catchment Info

—
8.7 / 10

Distance

2.15 KM

Armstrong Elementary

Public

Grades Served

—

Catchment Info

—
7.3 / 10

Distance

2.18 KM

Home Learners Program

Public

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

2.32 KM

Alderson Elementary

Public

Grades Served

—

Catchment Info

—
6.3 / 10

Distance

2.37 KM

Urban Academy Junior

Independent

Grades Served

—

Catchment Info

—
9.0 / 10

Distance

2.63 KM

Urban Academy Senior

Independent

Grades Served

—

Catchment Info

—
8.8 / 10

Distance

2.63 KM

Ecole Seaforth Elementary

Public

Grades Served

—

Catchment Info

—
7.8 / 10

Distance

2.63 KM

Cariboo Hill Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.3 / 10

Distance

2.67 KM

Customized Learning Centre (CLC)

Public

Grades Served

—

Catchment Info

—
N/A

Distance

2.70 KM

Como Lake Middle School

Public

Grades Served

6-8

Catchment Info

—
5.4 / 10

Distance

2.83 KM

University Highlands Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

2.86 KM

Skwo:wech

Public

Grades Served

—

Catchment Info

—
7.2 / 10

Distance

2.92 KM

Pre-computed routes from 704 9541 Erickson Dr, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Lougheed Town Centre → Waterfront
    39 min
  • Metrotown, Burnaby via Lougheed Town Centre → Metrotown
    34 min
  • SFU Burnaby via Lougheed Town Centre → Production Way
    14 min
  • Richmond Centre via Lougheed Town Centre → Brighouse
    64 min
  • YVR Airport via Lougheed Town Centre → YVR-Airport
    65 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    19 min
  • Metrotown, Burnaby via Lougheed Hwy
    10 min
  • SFU Burnaby via Gaglardi Way
    2 min
  • Richmond Centre via No. 3 Rd
    24 min
  • YVR Airport via Bridgeport / Sea Island
    26 min

Calculate your commute

704 9541 Erickson Dr, Burnaby, BC is ideally located for commuters. The property is 0.6 km from Lougheed Town Centre, with a 39 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Cameron St @ Bartlett Court (0.09 km). Walk Score Transit rating: Excellent Transit (87/100).

Walkability & Transit Near 704 9541 Erickson Drive

Walk Score Badge
Very Walkable 88

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Excellent Transit 87

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 76

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $2,463/month · rent estimate $1,878/month · owning catches up with renting by year 8 · cash flow if rented −$733/month

Mortgage Calculator for 704 9541 Erickson Drive

30-year fixed
$2,463 /month
Principal & Interest $1,874
Property Taxes $136
Maintenance fee $453

The estimated monthly cost of 704 9541 Erickson Drive, Burnaby is $2,463: $1,874 principal and interest with 20% down over 30 years at 4.45%, plus $136 property tax and $453 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

−$733 /month
Mortgage Payment $1,874
Monthly Cash Flow −$733
Break Even Down Payment 52%
Cap Rate -1.9%
Cash on Cash -9.5%

If 704 9541 Erickson Drive, Burnaby were rented at $1,878 a month with 5% vacancy, it would fall $733 a month short of the mortgage and carrying costs; about 52% 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 704 9541 Erickson Drive, Burnaby

$1,878 / month
Rent $1,878
Own $2,463
Principal: $603/mo Interest, tax, insurance, fees: $1,860/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$505/mo (year 1) → ~$1,173/mo (year 20) → ~$1,750/mo (year 29).

Net cost to own at year 5 ~$1,860/mo About $18/mo less than renting

EstateBlock estimates 704 9541 Erickson Drive, Burnaby would rent for about $1,878 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: 704 9541 Erickson Drive

Rent vs own

Owning catches up by year 8

With 20% down ($93,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $33,150
Principal paid off by year 10 $74,544

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 704 9541 Erickson Drive, Burnaby is cheaper at first, but owning catches up by year 8, with $33,150 of principal paid off by year 5 and $74,544 by year 10.

Price vs Neighbourhood Average — Sullivan Heights, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $465,000
Burnaby Loading...
Sullivan Heights Loading...

Based on 2 comparable active apartments/condos in Sullivan Heights, the average asking price is $488,000. This listing is priced 4.7% below 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 Greater Vancouver REALTORS® 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 704 9541 Erickson Drive

Walk Score Badge
Very Walkable 88

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Excellent Transit 87

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 76

Bike Score - Very Bikeable

Biking is convenient for most trips

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