1106 8940 University Cres, Burnaby, BC | MLS® R2990585 Property Details

Terrace at the Peak by Intergulf. Exceptional NW CORNER 2 bedroom, 2 bathroom with a large wrap around balcony, great for sitting outside & enjoying the amazing, unobstructed mountain and water views of Burrard Inlet. Bright open floor plan with wide plank laminate flooring throughout the living spaces and plush carpet in the two bedrooms. Stainless steel kitchen appliances. Included are 1 parking, 1 storage locker and 1 bike locker all at P3. More than 3000 sf of amenities - GYM, indoor social lounge with kitchen, dining & study areas, large outdoor terrace with BBQ area and landscaped gardens, children's playground. Short walking distance to SFU campus, bus loop, shopping, restaurants, award winning childcare centre, hiking and bike trails. Open House Sunday Aug 17 from 12:30-2:30 pm.

General Info

Price $844,900

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 963

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2021

Age Of Building 4

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Amenities Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal, Geothermal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS # R2990585

Area Burnaby North

Neighbourhood Simon Fraser Univer.

City Burnaby

Gross Taxes 0

Ownership Type Leasehold prepaid-Strata

Maintenance Fee $666.12

Community Features Shopping Nearby

Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal, Geothermal

Heating & Cooling

Fireplace -

Heating Type Geothermal, 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, Concrete

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed

Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Rental Restrictions -

Zoning /

Rental Suites -

Laundry In Unit

# of Kitchens 1

Flooring Laminate, Tile, Wall/Wall/Mixed, Carpet

Foundation Concrete Perimeter

Interior Features Elevator

Locker 1

View Description Unobstructed mountain & water

Units In Development -

Exterior Features Garden, Playground, Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11'7 x 11'7 ft
Main Level	Kitchen	8'3 x 8'3 ft
Main Level	Primary Bedroom	10' x 10' ft
Main Level	Bedroom	8'9 x 8'9 ft

Listed by: Sutton Group - 1st 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

Rating 7.1/10

Secondary

Burnaby Mountain Secondary School

2.85 km

No Rating

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

1.92 km

No Rating

Elementary, Secondary

Mediated Learning Academy

1.92 km

No Rating

Closest Transit

Translink

SFU Transit Exchange @ Bay 4

0.38 km

Welcome to 1106 8940 University Crescent, a beautiful property located in the heart of Burnaby, BC! As your trusted realtor, I'm excited to guide you through the community and highlight the key features that make this home so special.

Education

First, let's talk about the schools. University Highlands Elementary School, with a rating of 7.1/10, is just 0.26 km away from this property, making it a convenient option for families. This school is a great choice for students, with a strong focus on academic excellence and a supportive community. With Burnaby Mountain Secondary School also nearby, you can be confident that your children will receive a well-rounded education.

Safety

When it comes to safety, this neighborhood excels. According to the 2020 crime statistics from Statistics Canada, the overall crime rate near 1106 8940 University Crescent is 6,145.56, which is Below Average compared to other Canadian cities. You can feel safe knowing that the community is low in crime, making it an ideal place to raise a family. Additionally, the drug crime rate is also Below Average, with a rating of 126.78.

Demographics

Let's take a look at the demographics of this neighborhood. 36.8% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. This suggests a highly educated and motivated community. On the other hand, 7.4% of the population has no certificate or degree, which is Low compared to the average in BC. This diversity creates a rich and vibrant community.

Transit

Convenience is key, and 1106 8940 University Crescent has got it covered. The SFU Transit Exchange @ Bay 4 is just 0.38 km away, making it easy to commute to work or school. With public transportation options available, you can leave your car behind and enjoy the freedom of not having to worry about traffic.

Lifestyle Amenities

This neighborhood is surrounded by an abundance of lifestyle amenities. Simon Fraser University is nearby, offering a range of academic, cultural, and recreational opportunities. The property is also close to parks, beaches, trails, and dog parks, making it perfect for outdoor enthusiasts. You'll find shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby, ensuring that you have everything you need within reach.

Real Estate Context

When it comes to real estate, this property is a gem. The average dwelling value in this neighborhood is $793,873, which is High compared to other areas in British Columbia. This suggests that this property is a valuable investment and a great opportunity to own a piece of the Canadian dream. With 63% of households having a mortgage, this neighborhood is a great choice for those who want to own their home.

Community

This community is a tight-knit neighborhood where families and individuals come together to build strong relationships. With 67.6% of families having children, this neighborhood is a great choice for those who want to raise a family in a supportive environment. The average age of the population is 35.8 years, which is Low compared to other BC cities.

Property Details

As you can see, 1106 8940 University Crescent is a fantastic property that offers a unique blend of education, safety, demographics, transit, lifestyle amenities, and real estate context. With its high average dwelling value, Above Average owner payments, and High rental payments, this property is a valuable investment opportunity. Don't miss out on this chance to own a piece of the Canadian dream. MLS® R2990585 is waiting for you!

I hope you've enjoyed this guided tour of 1106 8940 University Crescent, Burnaby, BC. If you have any questions or would like to schedule a viewing, please don't hesitate to contact me. I'm here to help you every step of the way.

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