10.4% price reduction, 22.62% cheaper than comparables
Spacious 1 bedroom condo in the highly sought after complex of Novo 2 on top of Burnaby Mountain. This home has a private & tranquil outlook nestled amongst the deciduous & evergreen trees visible from every room including the massive 94 sf covered balcony! Large chef's kitchen has lots of cabinets & granite countertops including a breakfast island which is great for quick meals & entertaining. Well cared for, this unit sparkles with pride of ownership. Open-plan concept maximizes the space. One secured underground parking stall included. Complex has been well maintained and in great financial and physical condition. Close to transit, hiking trails, university campus & shopping. Owners have use of facilities at SFU! SEE VIDEO !
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12' x 12' ft |
| Main Level | Dining Room | 12' x 12' ft |
| Main Level | Kitchen | 8'3 x 8'3 ft |
| Main Level | Primary Bedroom | 9'7 x 9'7 ft |
| Main Level | Foyer | 7'3 x 7'3 ft |
| Main Level | Other | 9'2 x 9'2 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to one of Burnaby's most sought-after neighborhoods, where family-friendly living meets convenience and charm. Let me give you a tour of 301 9262 University Crescent, a beautiful property that's perfect for those seeking a peaceful, yet vibrant community.
As we step into this stunning home, you'll notice its proximity to top-notch educational institutions. Your child will thrive in the excellent University Highlands Elementary School, rated 7.1/10, which is just a 0.29 km walk from our doorstep. This school is a gem, providing a nurturing environment for young minds to grow and develop. I've seen firsthand the impact it has on families, and it's a major draw for many of our clients.
Just a short drive away, your teenager will attend Burnaby Mountain Secondary School, located 2.78 km from our property. With its No Rating, this school offers a unique opportunity for students to excel in a dynamic, inclusive environment. As a trusted realtor, I've witnessed the positive impact this school has on students and families alike.
For families seeking independent education, Mediated Learning Academy is just a 1.67 km stroll from our property. This exceptional school offers a tailored approach to learning, fostering growth and development in its students. I've seen the incredible impact this school has on families, and it's a testament to the community's commitment to education.
Now, let's talk about the safety and security of our neighborhood. According to the latest crime statistics from Statistics Canada (2020), our area boasts a Below Average crime rate of 6,145.56 incidents per 100,000 population. This is reassuring for families and individuals alike, providing peace of mind and a sense of security. The year-over-year change in crime rate is -11.13%, indicating a stable and improving trend.
In terms of specific crime types, our neighborhood shines in terms of low drug crime rates, with a Below Average rating of 126.78. There were 327 illegal substances lawbreaking disturbances in 2020, with a 2.35% year-over-year change in the illegal substances offenses ranking. Property crimes are also Average, with a rating of 3,691.76 and 9,522 incidents in 2020. The year-over-year change in the property misconduct rate is -17.54%.
Violent crime rates in our neighborhood are also commendably low, with a rating of 893.28 incidents per 100,000 population. This is a Low rate compared to other BC municipalities, with a -5.51% year-over-year change.
Getting around our neighborhood is easy, with the Southbound Tower Rd @ University High Street bus station just 0.43 km away from our property. This convenient location makes it simple to get where you need to go, whether it's to work, school, or around the city.
Now, let's dive into the demographics of our neighborhood. With 36.8% of residents holding a university certificate or degree, our area is highly educated, which is High compared to other BC neighborhoods. Conversely, only 7.4% of the population has no certificate or degree, which is Low compared to the average in BC.
In terms of income, the median household income near our property is $71,834, which is Average compared to the British Columbia average. However, the median personal income is $29,798, which is Below Average. This is partly due to the high percentage of families with mortgages in our neighborhood, standing at 63%, which is Above Average.
The unemployment rate in our area is 8.3%, which is Average compared to other province neighborhoods. Population growth in our neighborhood has been stable, with a 4.4% increase between 2011 and 2016, which is Above Average. Population density per square kilometer is 637.5, which is Average.
Average family size in our neighborhood is 2.9, which is Average. However, 67.6% of families have children, which is Above Average. Conversely, 54.1% of residents are married or living in common law, which is Below Average.
The average age of the population is 35.8, which is Low compared to other BC cities. As a trusted realtor, I've seen the appeal of our neighborhood to young families and professionals alike.
Now, let's talk about the real estate landscape. The average value of dwellings in our neighborhood is $793,873, which is High compared to other areas in British Columbia. Average owner payments are Above Average, standing at $1,562 per month, while tenants pay $1,393 per month, which is High compared to other cities.
45.1% of Population in our neighborhood are renters, which is Above Average compared to other BC cities and areas. Language-wise, 8.3% of residents speak both English and French,
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