1603 8850 UNIVERSITY CRES, Burnaby BC V5A 0C8, Burnaby, BC

$888,000
Est. Mortgage /mo

MLS® R2800471

Closed

$825,500
Closed at 05 Sep 2023
Listing price: $888,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 597.31 Maint. Fee
955 sqft
2019 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Sub-Penthouse, corner unit at The Peak located at SFU Burnaby mountain. Absolutely mesmerizing views of the North shore mountains, Burrard inlet. Pacific Ocean and Metro Vancouver. Spacious, open floor plan with kitchen island and views from every room! Comes with two side-by side parking stalls and a storage locker. Strata fees include hot water, gas and heating! Neighborhood is a serene area close to university, secondary and elementary schools, while surrounded by the beauty of manicured nature. Bus loop just short walking distance away. Future gondola project approved for quick access to SkyTrain network.

General Info

Price $888,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 955
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2019
Age Of Building 4
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2800471
Area Burnaby North
Neighbourhood Simon Fraser Univer.
City Burnaby
Gross Taxes $2,181.89
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $597.31
Amenities Nearby Exercise Centre, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Hot Water

Utilities

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

Parking

Parking Type Garage Double
Total Parking Spaces -

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning P11E
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View 1
View Description Panoramic mountain and wate
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
Sold 09-05-2023 $888,000
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Listed by: Multiple Realty Ltd.

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
0.25 km
Rating 7.1/10
Secondary
Burnaby Mountain Secondary School
2.82 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
1.95 km
No Rating
Elementary, Secondary
Mediated Learning Academy
1.95 km
No Rating

Closest Transit

Translink
SFU Transit Exchange @ Bay 4
0.31 km

1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8 is serviced by University Highlands Elementary School. The property with listing MLS® R2800471 is located 0.25 km from the school. University Highlands Elementary School has a rating of Rating 7.1/10.

This home with address 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8, Burnaby, BC is also serviced by Burnaby Mountain Secondary School and located 2.82 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 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8 is Mediated Learning Academy with School's rating No Rating, located 1.95 km from this home.

The closest to this address 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8 Secondary independent school is Mediated Learning Academy with School's rating No Rating, located 1.95 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 - 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8, 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® R2800471 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 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8 are Average. Property misconduct rating adjacent to MLS® R2800471 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 SFU Transit Exchange @ Bay 4 in 0.31 km away from this listing with - MLS® R2800471.

36.8% of people with university certificate/degree live in this neighbourhood adjacent to the 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8 which is High in comparison with other BC neighbourhoods. 7.4% of population in this neighbourhood that is near the Listing MLS® R2800471 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8, Burnaby, BC is $71834 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2800471 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 # R2800471 is 8.3 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8 The Peak 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 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8, Burnaby, BC is 637.5 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8 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® R2800471 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 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8 is 35.8 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8, 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 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8. $1562 owners spent in average for the dwelling. Tenants are paying $1393 in this district close to MLS® R2800471 and it is High comparing to other cities.

45.1% of Population in this district near the 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8, Burnaby, BC is 8.3%, it is Average, % of English speakers only is 88.6% and Below Average. % of French speakers adjacent to 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8, 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 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8, Burnaby, BC using Public Transport which is Above Average, 65% of using population are using Cars around MLS® R2800471, which is Low. 1.3% of people using Bicycles around the 1603 8850 UNIVERSITY CRESCENT, Burnaby BC V5A 0C8 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 $888,000
Burnaby $849,047
The Peak $729,600
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!
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