702 8750 University Cres, Burnaby, BC, MLS® R3069134

$735,900
Est. Mortgage /mo

$735,900
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 526.21 Maint. Fee
807 sqft
2023 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

702 8750 University Cres, Burnaby, BC | MLS® R3069134 Property Details

SFU University City Living on Concrete building corner unit by MOSAIC. Experience the perfect blend of LOCATION AND VIEWS in this Newly constructed, modern 2-bedroom, 2-bathroom residence at the heart of SFU. Positioned as a corner unit, it showcases breathtaking views and features a contemporary open-concept layout flooded with natural light. Benefiting from its prime location, this property is an ideal investment opportunity with convenient access to grocery stores, shopping, recreation, transit, and SFU. Included is one parking stall, making it a practical choice for both personal residence and investment purposes. Open House Sat/ Sun 2-4 Pm

General Info

Price $735,900
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 807
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2023
Age Of Building 2
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3069134
Area Burnaby North
Neighbourhood Simon Fraser Univer.
City Burnaby
Gross Taxes $2,206.56
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $526.21
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal, Water

Heating & Cooling

Fireplace -
Heating Type Baseboard, Radiant

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Guest, Rear Access, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Rental Restrictions -
Zoning CD
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Carpet
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description Mountain, Water and City
Units In Development -
Exterior Features Playground, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other, Concrete

Property History

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Status Date Price
Show more

Listed by: Royal LePage Global Force 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.

Neighborhood Info

Public Schools

Elementary
University Highlands Elementary School
Above Average
0.26 km
7.1/10
Secondary
Burnaby Mountain Secondary School
2.77 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
1.97 km
Elementary, Secondary
Mediated Learning Academy
1.97 km

Closest Transit

Bus Stop
SFU Transit Exchange @ Bay 4
0.21 km
Skytrain
Skytrain @ Burquitlam Station
2.50 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 702 8750 University Crescent, a stunning property in the heart of Burnaby, BC!

As your trusted realtor, I'm excited to guide you through the community's highlights and features that make this home a perfect fit for you and your family.

Schools:

Located in a top-rated school district, this property is serviced by University Highlands Elementary School, just a short 0.26 km away. With a rating of 7.1/10, families love this area because of the excellent education system. Plus, Burnaby Mountain Secondary School is only 2.77 km away, offering students a well-rounded and engaging learning experience.

Safety and Crime Rates:

According to Statistics Canada's 2020 report, this neighbourhood has below-average crime rates compared to other Canadian cities. With a crime rate of 6,145.56, you can enjoy peace of mind knowing that your family is living in a safe and secure environment. Year-over-year, the crime rate has decreased by 11.13%, making this a great choice for families.

Demographics and Lifestyle:

This property is nestled in a vibrant community with a diverse population. With 36.8% of residents holding a university certificate or degree, this area is known for its high level of education. Additionally, 7.4% of residents have no certificate or degree, making it an inclusive and supportive community. The median household income is $71,834, which is average compared to other BC neighbourhoods.

Transit and Commuting:

Convenience is key when it comes to transportation. This property is just 0.21 km away from the SFU Transit Exchange @ Bay 4, making it easy to get around Burnaby and beyond. With a short commute, you'll have more time to enjoy the amenities this amazing city has to offer.

Lifestyle Amenities:

This area is surrounded by top-notch amenities, including:

  • Parks: Enjoy nature walks and outdoor activities in the nearby parks and green spaces.
  • Beaches: Soak up the sun and enjoy the scenic views at the nearby beaches.
  • Trails: Explore the many hiking and biking trails that crisscross the area.
  • Shopping: Visit the local shopping malls and boutiques for a unique shopping experience.
  • Restaurants: Savor the flavors of the world at the many restaurants and cafes in the area.
  • Hospitals: Nearby hospitals and medical facilities provide top-notch healthcare services.

Real Estate Context:

With an average dwelling value of $793,873, this area is known for its high-end properties. 63% of households in the area own their homes, making it a desirable place to put down roots. The average owner payments are above average, with homeowners spending $1,562 on their properties. Tenants, on the other hand, pay $1,393, which is also above average compared to other cities.

Additional Insights:

  • Population growth: The area has seen an above-average population growth rate of 4.4% between 2011 and 2016.
  • Unemployment rate: The area has an average unemployment rate of 8.3%, which is comparable to other BC neighbourhoods.
  • Public transportation: 23.2% of the population uses public transportation, making it an eco-friendly and convenient option.

Why this property stands out:

Located at 702 8750 University Crescent, Burnaby, BC, this property is a rare find in a highly sought-after area. With its excellent schools, below-average crime rates, and convenient location, this home is perfect for families, couples, and individuals looking for a safe and secure place to call home. Don't miss out on this opportunity to own a piece of Burnaby's vibrant community!

MLS® R3069134

This property is listed for sale with MLS® R3069134, making it easy to find and purchase. Contact me today to schedule a viewing and make this amazing property yours!

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $735,900
Burnaby $889,496
Simon Fraser Univer. $599,633
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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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