1203 8750 University Cres, Burnaby, BC, MLS® R2985936

$1,190,000
Est. Mortgage /mo

7.8% price reduction

$1,190,000
$1,290,000
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
3 Beds
2 Baths
1 Stories
$ 773.24 Maint. Fee
1173 sqft
2023 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
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1203 8750 University Cres, Burnaby, BC | MLS® R2985936 Property Details

7.8% price reduction

Welcome to this exceptional 3-bed, 2-bath penthouse at Hamilton, built by the Mosaic. Perfect for students and university faculty, this home is ideally located near SFU Burnaby, offering a safe and dynamic community-whether for personal residence or as a high-demand rental. A standout feature is the expansive 653 SF private deck, providing incredible outdoor space right outside your door. Plus, the 12th-floor rooftop deck offers a dedicated BBQ area with tables, perfect for outdoor dining with breathtaking views. Inside, 10-foot ceilings invite abundant natural light, enhancing the airy feel. Steps from Nesters Market, Tim Hortons, Starbucks, and more, this penthouse offers stunning views, exceptional outdoor spaces, and unmatched convenience-a rare find in Burnaby! 2 Parking+2 Storage.

General Info

Price $1,190,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1173
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2023
Age Of Building 2
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Range Top
Building Amenities Caretaker, Maintenance Grounds, Gas, Hot Water, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2985936
Area Burnaby North
Neighbourhood Simon Fraser Univer.
City Burnaby
Gross Taxes $3,228.57
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $773.24
Amenities Nearby Caretaker, Maintenance Grounds, Gas, Hot Water, Snow Removal

Heating & Cooling

Fireplace 0
Heating Type Hot Water, Radiant

Utilities

Utility Type 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 2

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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 -
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description CITY AND MOUNTAIN VIEWS
Units In Development 115
Exterior Features Playground, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Concrete

Property History

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Status Date Price
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Listed by: Evergreen West 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 the beautiful neighborhood surrounding 1203 8750 University Crescent in Burnaby, BC. I'm your trusted realtor, and I'm excited to share with you the unique qualities of this area. As we explore this community, you'll discover why it's a popular choice for families and individuals alike.

First, let's talk about the schools. University Highlands Elementary School is located just 0.26 km from your potential new home, with a rating of 7.1/10. This school is a highly-rated institution that provides excellent education to its students. Burnaby Mountain Secondary School is also nearby, with a rating of No Rating, and is located 2.77 km from the property.

But what about independent schools? The closest elementary school is the Mediated Learning Academy, with a rating of No Rating, and is located 1.97 km from this home for sale. For secondary schools, you'll also find the Mediated Learning Academy, with the same rating and location.

Now, let's move on to the crime statistics. According to the freshest crime data from Statistics Canada (2020), this neighborhood has a Total Crime Rate of 6,145.56, which is Below Average compared to other Canadian cities. The year-by-year change in the total crime rate is -11.13%. When it comes to drug crime, the rating is also Below Average, with 126.78 incidents per 100,000 population.

In terms of property crimes, the rating is Average, with 3,691.76 incidents per 100,000 population. However, the year-by-year change in the property misconduct rate is -17.54%. Violent crime, on the other hand, is Low, with 893.28 incidents per 100,000 population.

Getting around is easy in this neighborhood, with the SFU Transit Exchange @ Bay 4 located just 0.21 km from the property. You can easily access major highways and public transportation, making it a convenient location for commuters.

Now, let's talk about the demographics. The neighborhood surrounding 1203 8750 University Crescent has a High percentage of residents with a university certificate/degree, at 36.8%. This is compared to the average in BC, where 24.6% of the population has a university certificate/degree. On the other hand, 7.4% of the population in this neighborhood has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income is $71,834, which is Average compared to the BC average. However, the median personal income is $29,798, which is Below Average compared to the BC average. The percentage of households with a mortgage is 63%, which is Above Average.

Unemployment rates in the area are Average, at 8.3%, compared to other province neighborhoods. However, the population change between 2011 and 2016 was 4.4%, which is Above Average compared to average growth rate of this region.

The population density per square kilometer is 637.5, which is Average. The average size of families in the area is 2.9, which is Average. However, the percentage of families with children is 67.6%, which is Above Average.

The average age of the population is 35.8, which is Low compared to other BC cities. The average value of dwellings in the neighborhood is $793,873, which is High compared to other areas in British Columbia.

Finally, let's talk about ownership and rental costs. The average owner payments are Above Average, at $1,562. Tenants, on the other hand, are paying $1,393, which is High compared to other cities. The percentage of renters in the area is 45.1%, which is Above Average compared to other BC cities and areas.

In terms of language, the percentage of English and French speakers is 8.3%, which is Average. However, the percentage of English speakers only is 88.6%, which is Below Average. The percentage of French speakers only is 0.1%, which is Low. The percentage of neither English nor French speakers is 3.2%, which is Above Average.

Getting around is easy, with 23.2% of the population using public transport, which is Above Average. However, 65% of the population uses cars, which is Low. 1.3% of the population uses bicycles, which is Average. 9.5% of the population walks, which is Above Average.

In conclusion, the neighborhood surrounding 1203 8750 University Crescent in Burnaby, BC is a desirable location for families and individuals alike. With its excellent schools, low crime rates, and convenient access to public transportation, it's no wonder why this area is so popular. As your trusted

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 $1,190,000
Burnaby $1,189,241
Simon Fraser Univer. $959,000
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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