$549,000

1103 8940 UNIVERSITY CRESCENT

Burnaby BC V5A 0E7 - Simon Fraser Univer.
2 bd
2 ba
886 sqft
Built 2021

About This Property

Very unique 2-in-1 unit is located in The Terraces at the Peak by Intergulf. LOCKOFF unit w/two separate entries is a perfect investment opportunity or ideal for homeowners seeking a mortgage helper. The unit currently divided into two self-contained sections: one side features a 1-bedroom suite w/an open plan, a full kitchen w/granite counters, spacious…

Features

Elevator
Storage
Garden
Playground
Balcony
Underground
Front Access
Side Access
Garage Door Opener
Shopping Nearby
Room measurements6 rooms
Living RoomMain · 11'1 × 11'6
Dining RoomMain · 7'5 × 11'6
KitchenMain · 7'5 × 11'6
BedroomMain · 9' × 12'10
BedroomMain · 8' × 11'8
Bar RoomMain · 5'5 × 8'1

Property Details

MLS NumberR3160851
Property TypeApartment/Condo
Bedrooms2
Bathrooms2
Square Feet886
Year Built2021
Parking Spaces1
HeatingBaseboard, Hot Water
Strata Fee$619.61/mo
Days on Market4
StatusActive
Listed ByOakwyn Realty Ltd.

School Catchment

Elementary University Highlands
Secondary Burnaby Mountain

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$700,000Median home value
$88,000Median household income
55.3%Owner-occupied
10.6%Single-detached homes
2.4Avg household size
35.2Median age
56.6%Bachelor's degree or higher (25-64)
47.2%Commute under 30 min
74.5%Drive to work
37%Foreign-born residents
10,164Neighbourhood population

Age

Under 15: 16.3%15 to 64: 72.7%65 and over: 11.1%
  • Under 1516.3%
  • 15 to 6472.7%
  • 65 and over11.1%

Household size

  • 1 person28.1%
  • 234%
  • 316.7%
  • 415.1%
  • 5 or more6%

Language spoken at home

53.2% English mother tongue

  • Mandarin11.8%
  • Cantonese5.7%
  • English + other4%
  • Korean3.4%
  • Russian2.4%
  • Spanish2.3%
  • All others17.2%

Mother tongue, share of 10,155 residents.

How this pocket differs

  • notably fewer seniors 65+ than Burnaby North 11.1% vs 17.3%
  • more children under 15 than Burnaby North 16.2% vs 13.1%
  • notably fewer Cantonese speakers than Burnaby North 5.7% vs 11.7%
  • more Mandarin speakers than Burnaby North 11.8% vs 8.7%
  • Median dwelling value is notably lower than Metro Vancouver $700,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $3,367
Mortgage payment$2,517
Strata fee$620
Property tax$185
Home insurance$45
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Sep 1

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