2 bed · 2 bath · 849 sq ft · 1 parking
Condo · Single Family · built 2005 · 275 days on market
Listed by Sarina Lui, Angell, Hasman & Associates Realty Ltd.
Realtor's description
Spacious 2 Bed, 2 Bath UniverCity Condo with quite, peaceful living. This residence offers a thoughtful layout with a roomy foyer, separated bedrooms for privacy, a functional kitchen, and a spacious open living/dining area. The building provides various amenities, including a recreation room, gym, and ample Bike Room spaces. UniverCity, a serene community, offers nature paths, quick access to downtown, a 5-min drive to campus, and is just a block away from University Highlands Elementary School and Child Care Centre. Perfect blend of comfort and accessibility. Open July 19 (Sat) 2:00-4:00
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 849 sq ft
- Parking
- 1
- Year built
- 2005
- Property tax
- $1,599 / yr
- Strata fee
- $409 / mo ($0.48 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 275
- MLS®
- R3077206
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
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
- $2,110/mo
- After all costs
- −$940/mo
- Cap rate
- 3.1%
- yearly net rent ÷ price
Costs: mortgage $2,305 · tax $133 · strata $409 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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
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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