207 8940 University Cres, Burnaby, BC | MLS^® R3064907 Property Details

One bedroom plus den at Terraces at the Peak in SFU University. Like brand new. Brand New Paint. This spacious one bedroom + den home is efficiently designed and boasts private greenbelt exposure. East facing, natural light will fill this open floor plan. Enjoy the well appointed kitchen with stainless steel appliances, a gas range, and barstool height counters perfect for entertaining. This home is simply perfect for value oriented investors looking for consistent income or for living. Building amenities include an expansive. Strata fee includes heating. Great value!

General Info

Price $479,000

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 612

Lot Size -

Lot Size Depth Feet

Lot Size Frontage 0

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2021

Age Of Building 4

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Amenities Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, Sewer, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3064907

Area Burnaby North

Neighbourhood Simon Fraser Univer.

City Burnaby

Gross Taxes $1,593.13

Ownership Type Leasehold prepaid-Strata

Maintenance Fee $421.88

Community Features Shopping Nearby

Amenities Nearby Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, Sewer, Snow Removal

Heating & Cooling

Fireplace 0

Heating Type Baseboard, Hot Water

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Garage Door Opener

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Pet Restrictions Yes With Restrictions

Rental Restrictions -

Zoning P11E S

Rental Suites -

Laundry In Unit

# of Kitchens 1

Flooring Laminate

Foundation Concrete Perimeter

Interior Features Elevator

Locker -

View -

View Description -

Units In Development -

Exterior Features Garden, Playground, Balcony

Sewer Public Sewer, Sanitary Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11' x 11' ft
Main Level	Dining Room	11' x 11' ft
Main Level	Kitchen	10' x 10' ft
Main Level	Bedroom	12' x 12' ft
Main Level	Den	8' x 8' ft

Listed by: Nu Stream 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.

Neighborhood Info

Public Schools

Elementary

University Highlands Elementary School

Above Average

0.26 km

7.1/10

Secondary

Burnaby Mountain Secondary School

2.85 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

1.92 km

Elementary, Secondary

Mediated Learning Academy

1.92 km

Closest Transit

Bus Stop

SFU Transit Exchange @ Bay 4

0.38 km

Skytrain

Skytrain @ Burquitlam Station

2.46 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

Welcome to 207 8940 University Crescent, a beautiful property in Burnaby, BC, listed as MLS^® R3064907. As we walk through this stunning neighborhood, I'd like to share with you the highlights of this fantastic location.

Schools

First, let's talk about the schools in the area. University Highlands Elementary School is just a stone's throw away, with a rating of 7.1/10. It's a fantastic option for families, and with a distance of only 0.26 km from the property, it's easy to get the kids to school on time. Burnaby Mountain Secondary School is also nearby, with a rating of no rating (as it's a secondary school), and is located at a comfortable distance of 2.85 km from the property.

For families who prefer independent schools, Mediated Learning Academy is the closest elementary school, with a rating of no rating, and is located 1.92 km from this home for sale. For secondary independent schools, Mediated Learning Academy is again the closest option, with the same rating and distance.

Crime

According to the latest crime data from Statistics Canada (2020), this neighborhood has a below-average crime rate of 6,145.56 incidents per 100,000 population. Compared to other Canadian cities, this rate is considered below average. The year-over-year change in the total crime rate is a significant -11.13%. This indicates a safe and stable community for residents.

Regarding drug crime, the rate is also below average, with a rating of 126.78 incidents per 100,000 population. There were 327 illegal substances lawbreaking disturbances in this neighborhood in 2020, with a year-over-year change of 2.35%. This suggests a low risk of drug-related crime in the area.

Property crimes are average in this neighborhood, with a rating of 3,691.76 incidents per 100,000 population. There were 9,522 property misdeeds in this neighborhood in 2020, with a year-over-year change of -17.54%. This indicates a typical level of property crime in the area.

Violent crime is the lowest, with a rate of 893.28 incidents per 100,000 population, which is considered low compared to other BC municipalities. The year-over-year change in the violent crime rate is -5.51%.

Transit

The closest bus station to this property is the SFU Transit Exchange @ Bay 4, which is a convenient 0.38 km away from the listing with MLS^® R3064907.

Demographics

This neighborhood is home to a diverse population, with 36.8% of residents holding a university certificate or degree, which is high compared to other BC neighborhoods. In contrast, 7.4% of the population has no certificate or degree, which is low compared to the average in BC.

The median household income in this neighborhood is $71,834, which is average compared to other BC neighborhoods. The median personal income is $29,798, which is below average compared to the BC average. However, the percentage of households with a mortgage is 63%, which is above average.

Lifestyle Amenities

This neighborhood offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average value of dwellings in this neighborhood is $793,873, which is high compared to other areas in British Columbia.

Real Estate Context

The average owner payments in this neighborhood are above average, with owners spending $1,562 on average for their dwellings. Tenants are paying $1,393 in this district, which is high compared to other cities. The percentage of renters in this district is 45.1%, which is above average compared to other BC cities and areas.

Community Insights

The average age of the population in this neighborhood is 35.8, which is low compared to other BC cities. The average size of families in this neighborhood is 2.9, which is average compared to the whole region. The percentage of families with children in this neighborhood is 67.6%, which is above average.

In conclusion, 207 8940 University Crescent, Burnaby, BC, listed as MLS^® R3064907, is a fantastic property in a safe and stable community with a range of lifestyle amenities. With its proximity to excellent schools, convenient transit options, and diverse population, this property is an ideal choice for families and individuals looking for a comfortable and convenient living experience.