Open houseHouse
$1,408,800
39% under assessed1 7087 MARY AVENUE
Burnaby13 days on market
4 bd4 ba2,330 sq ft
MLS® R31693511 / 6
$1,390,000
1702 9060 UNIVERSITY CRESCENT
Burnaby · MLS® R3144618
3 bed · 2 bath · 1,489 sq ft · 2 parking
Condo · Single Family · built 2015 · 90 days on market
Listed by Linda Qin, Macdonald Realty Westmar
Realtor's description
Rare Penthouse Opportunity at SFU! Perched atop the prestigious Altaire, this spectacular 2-level corner penthouse offers an extraordinary combination of space, privacy, and some of the most breathtaking panoramic views in Metro Vancouver. Enjoy unobstructed vistas of Burrard Inlet, the North Shore Mountains, and stunning sunsets from every principal room. Boasting 3 spacious bedrooms plus a den, soaring high ceilings, and an abundance of natural light, this exceptional residence is designed for both comfortable family living and impressive entertaining. The upper level features an expansive private rooftop terrace, where you'll experience one of the finest outdoor living spaces on Burnaby Mountain-perfect for relaxing, hosting guests, or simply taking in the spectacular scenery. This rare offering also includes 2 side-by-side parking stalls, 1 storage locker, and an unbeatable location in the heart of the SFU community, surrounded by parks, hiking trails, shops, restaurants, transit, and everyday conveniences
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,489 sq ft
- Parking
- 2
- Year built
- 2015
- Property tax
- $3,378 / yr
- Strata fee
- $991 / mo ($0.67 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 90
- MLS®
- R3144618
Features
- Pets Allowed With Restrictions
- All
Monthly cost
$7,329/mo
Mortgage $6,056 · Tax $282 · Strata $991
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,345/mo
- After all costs
- −$5,206/mo
- Cap rate
- 0.7%
- yearly net rent ÷ price
Costs: mortgage $6,056 · tax $282 · strata $991 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in North Burnaby, Burnaby (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
BurnabyGoogle Maps ↗
Schools
Catchment schools, Burnaby School District 41
- Elementary University Highlands Elementaryhomes in this catchment
200 m away · 9388 Tower Rd, Burnaby · 604-296-9036
From the Burnaby School District 41's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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