2 bed · 2 bath · 912 sq ft · 1 parking
Condo · Single Family · built 2004 · 69 days on market
Listed by Leah James, Oakwyn Realty Ltd.
Realtor's description
Welcome to NOVO at UniverCity! This spacious 2-bedroom plus den, 2-bathroom home features an open and functional layout, updated stainless steel appliances, floor-to-ceiling windows and incredible panoramic views. The generous living room is perfect for relaxing or entertaining, while the large primary bedroom offers a private ensuite. Enjoy peaceful living in a quiet, well-managed concrete building just steps from transit with direct connections to Downtown Vancouver, SkyTrain, Brentwood, Metrotown and Lougheed. Walk to Nesters Market, restaurants, shops, amenities and miles of scenic Burnaby Mountain trails. One parking space included and pets permitted. A fantastic opportunity for homeowners, students or investors-move in before the new school year begins!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 912 sq ft
- Parking
- 1
- Year built
- 2004
- Property tax
- $2,047 / yr
- Strata fee
- $560 / mo ($0.61 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 69
- MLS®
- R3151805
Features
- Central location
- Elevator
- Wheelchair access
- 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
- −$1,434/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $2,610 · tax $171 · strata $560 · 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
300 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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