$549,000

902 - 8940 University Crescent, Burnaby, BC V5A 0E7

MLS® R3162913

Description

A rare opportunity to own an affordable home with built-in income potential! Priced more than $200,000 BELOW assessed value, this LOCK-OFF unique SOUTH-facing condo offers two separate living spaces, each with its own private entrance. The main residence features a spacious living room, full kitchen, large bedroom and generous balcony, while the studio-style suite offers a mini wet bar, full bathroom, ample storage and great rental potential—perfect for students or additional monthly cash flow. Bright, functional and incredibly versatile, with 1 parking stall. Maintenance fee including GAS & HEAT (hot water baseboard) An exceptional opportunity to live comfortably while helping offset your mortgage! OPEN HOUSE: Sep 12th (Sat 2-4pm).

Property

Property type

Residential

Style

Apartment/Condo

Structure

Multi Family, Residential Attached

Year built

2,021

Age

5 years

Ownership

Leasehold prepaid-Strata

Common interest

Condominium

Levels

5 Plus Level

Interior

Bedrooms

2

Bathrooms

2

Full bathrooms

2

Half bathrooms

0

Living area

925 sq ft

Main floor finished area

925 sq ft

Basement

None

Laundry

In Unit

Appliances

Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Interior features

Elevator

Systems

Heating

Baseboard

Security

Smoke Detector(s), Fire Sprinkler System

Lot and parking

Lot dimensions

0 x

Lot features

Recreation Nearby

Parking spaces

1

Parking

Underground

Garage spaces

Yes

Carport spaces

No

Strata and restrictions

Strata fee

$650 per month

Amenities

Bike Room, Exercise Centre, Trash, Gas, Heat, Hot Water, Management, Recreation Facilities

Age restriction

No

Costs

Annual property tax

$2,310

Tax year

2,025

Land lease

Yes

Location

Area

Burnaby North

Neighbourhood

Simon Fraser Univer.

Complex or subdivision

Terraces At The Peak

Waterfront

No

Community features

Shopping Nearby

Exterior features

Garden, Playground, Balcony