$489,000

702 8940 UNIVERSITY CRESCENT, Burnaby BC V5A 0E7

2 Beds 2.0 Bath 925 Sq Ft Built 2021

Apartment

Listed by: RE/MAX Real Estate Services.

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Description

Experience elevated living at Terraces at The Peak in SFU’s vibrant UniverCity community. This bright 2-bedroom, 2-bathroom home features an open-concept layout, large windows, south-facing views, quartz countertops, stainless steel appliances, gas cooktop, in-suite laundry, 1 parking and 1 Bike locker. Enjoy the spacious approx 130 sqft covered balcony, perfect for relaxing and outdoor enjoyment. BONUS: Rare lock-off suite design offers flexibility for extended family, guests or rental potential. Concrete building with fitness centre, lounge, outdoor terrace, study spaces and children’s play area. Short walk to SFU campus, transit, school, daycare, shops, restaurants, parks and trails. Ideal for homeowners, students and investors.

Location

Approximate location supplied by the listing data provider.

Property Details

Property Type	Apartment
Sub Type	Apartment/Condo
Bedrooms	2
Bathrooms	2.0
Living Area	925 sq ft
Year Built	2021
Listing ID	R3159460

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702 8940 UNIVERSITY CRESCENT, Burnaby BC V5A 0E7
MLS® R3159460 · $489,000

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Calculation details & assumptions

Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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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 assume no responsibility for its accuracy.

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