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Exceptional Property

8940 UNIVERSITY Crescent, Burnaby

$699,000
2 Bedrooms
2 Bathrooms
961 sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

Apartment

Year Built

2021

Square Footage

961 square feet

Bedrooms

2

Bathrooms

2

Distinguished Features

Premium Amenities

Featuring luxury finishes and high-end appliances throughout

Prime Location

Situated in a prestigious neighborhood with exceptional access

Property Overview

A Closer Look at This Distinguished Residence

Unobstructed OCEAN and North Shore Mountains views. Terraces at the Peak ascends 13 storeys into the sky on Burnaby Mountain, the highest point in Metro Vancouver and New University condo tower in SFU. This Northeast CORNER two bedroom unit has elegant wide plank laminate flooring throughout. Heating is included in Strata fee. Plus 3,000 square ft ...

MLS Number

R3016965

Listed By

Nu Stream Realty Inc.

Last Updated

Jul 6, 2025, 3:10 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Single Family
Architectural Style
Apartment
Year Built
2021
Square Footage
961

Climate Control & Utilities

Heating System
Baseboard heaters, Natural gas, Hot Water

Exterior & Surroundings

View Type
View

Additional Amenities

All

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
26
New
MLS# R3016965
List Date
Jun 17, 2025, 11:57 p.m.
List Price
$699,000
Property Type
Sale
Bedrooms
2
Bathrooms
2
Property image
14
New
MLS# R3015694
List Date
Jun 16, 2025, 4:58 p.m.
List Price
$699,000
Property Type
Sale
Bedrooms
2
Bathrooms
2
Property image
32
New
MLS# R2990585
List Date
Apr 15, 2025, 7:56 p.m.
List Price
$844,900
Property Type
Sale
Bedrooms
2
Bathrooms
2
Property image
22
New
MLS# R2736227
List Date
Nov 4, 2022, 5:49 p.m.
List Price
$733,800
Property Type
Sale
Bedrooms
2
Bathrooms
2

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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