109 9298 UNIVERSITY CRES, Burnaby BC V5A 4X8, Burnaby, BC

$515,000
Est. Mortgage /mo

MLS® R2845097

Closed

$490,000
Closed at 01 Aug 2024
Listing price: $515,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
1 Baths
1 Stories
$ 393.46 Maint. Fee
771 sqft
2004 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Built in 2004, this prime investment, nestled near Simon Fraser University, beckons with convenience and potential. Steps from campus, schools like University Highlands Elementary and Burnaby Mountain Secondary, and the lush Burnaby Mountain Conservation Area with its botanical garden and trails. Parks like Richard Bolton Park and Barnet Marine Park, with playgrounds, sports fields, and more, dot the 20-minute walking radius. Access to public transit is seamless, with a street transit stop just 5 minutes away. Revel in 2 bedrooms and 1 bath in the NOVO1 unit, boasting breathtaking mountain views over 700 sqft. With reasonable strata fees and updated contemporary amenities, this is an unmissable opportunity for a rewarding investment!

General Info

Price $515,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 771
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2004
Age Of Building 20
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2845097
Area Burnaby North
Neighbourhood Simon Fraser Univer.
City Burnaby
Gross Taxes $1,404.14
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $393.46
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Additional Parking, Underground, Guest, Front Access, Asphalt, Concrete, 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, Yes With Restrictions
Rental Restrictions 100
Zoning P11E
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Mixed, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker -
View 1
View Description MOUNTAINOUS & PANORAMIC
Units In Development 167
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Torch-On

Property History

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Status Date Price
Sold 08-01-2024 $515,000
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Listed by: eXp Realty of Canada, Inc. & eXp Realty of Canada, 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
0.32 km
Rating 7.1/10
Secondary
Burnaby Mountain Secondary School
2.67 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary, Secondary
Mediated Learning Academy
1.52 km
No Rating
Elementary, Secondary
Mediated Learning Academy
1.52 km
No Rating

Closest Transit

Translink
Southbound Tower Rd @ University High Street
0.45 km

109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8 is serviced by University Highlands Elementary School. The property with listing MLS® R2845097 is located 0.32 km from the school. University Highlands Elementary School has a rating of Rating 7.1/10.

This home with address 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8, Burnaby, BC is also serviced by Burnaby Mountain Secondary School and located 2.67 km from it. Burnaby Mountain Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8 is Mediated Learning Academy with School's rating No Rating, located 1.52 km from this home.

The closest to this address 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8 Secondary independent school is Mediated Learning Academy with School's rating No Rating, located 1.52 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 15,851 volation disturbances in this neighbourhood. The overall crime rate near the address - 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8, Burnaby, BC is 6,145.56. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -11.13%

Drug crime rate next to the listing MLS® R2845097 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 126.78. There were 327 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 2.35%

Property crimes in the neighbourhood close to real estate listing for sale 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8 are Average. Property misconduct rating adjacent to MLS® R2845097 is 3,691.76. There were 9,522 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -17.54%

There were 2,304 violent lawbreaking disorders in 2020. 893.28 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.51%

The closest Bus station is Southbound Tower Rd @ University High Street in 0.45 km away from this listing with - MLS® R2845097.

36.8% of people with university certificate/degree live in this neighbourhood adjacent to the 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8 which is High in comparison with other BC neighbourhoods. 7.4% of population in this neighbourhood that is near the Listing MLS® R2845097 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8, Burnaby, BC is $71834 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2845097 is $29798 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 63% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2845097 is 8.3 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8 Novo 1 At Simon Fraser University where population change between 2011 and 2016 was 4.4%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8, Burnaby, BC is 637.5 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2845097 is 67.6% and it is Above Average. % of Married or living common law is around 54.1% and it is Below Average.

Average age of the population close to the 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8 is 35.8 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8, Burnaby, BC is $793873 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8. $1562 owners spent in average for the dwelling. Tenants are paying $1393 in this district close to MLS® R2845097 and it is High comparing to other cities.

45.1% of Population in this district near the 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8, Burnaby, BC is 8.3%, it is Average, % of English speakers only is 88.6% and Below Average. % of French speakers adjacent to 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8, Burnaby, BC is 3.2% and it is Above Average comparing to other BC cities.

23.2% of all population in the area around this property with the address 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8, Burnaby, BC using Public Transport which is Above Average, 65% of using population are using Cars around MLS® R2845097, which is Low. 1.3% of people using Bicycles around the 109 9298 UNIVERSITY CRESCENT, Burnaby BC V5A 4X8 and it is Average. 9.5% of population are walking which is Above Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $515,000
Burnaby $710,576
Novo 1 At Simon Fraser University No comparables
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
Call or Text Now!
Thank you Your message has been sent

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