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Investment signal

$488,000

101 9298 UNIVERSITY CRESCENT

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Beds

Baths

Sqft

—

Year

2005

Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Burnaby. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Amazing opportunity Discover this well maintained South facing one bedroom den at Novo I located in the heart of the Simon Fraser University community This quiet corner unit offers exceptional convenience with easy access to the stairwell elevator storage room and parking Surrounded by nature residents can enjoy scenic hiking and mountain biking trails along with a variety of outdoor recreational activities The SPACIOUS 709 sqft layout in a solid concrete building provides comfort and durability ONLY a short 5 minute walk to SFU campus grocery stores pharmacy shops restaurants and the bus loop making everyday living effortless This property is ideal for university work study or as a strong investment opportunity in a highly sought after rent (id:65958)

Subtype: Single Family
Structure: Apartment
Common interest: Condo/Strata
Living area: 709 square feet
Lot dimensions: 0
Parking: 1 total
Condo/HOA fee: $414.53 monthly
On market: Apr 17, 2026
Status changed: Apr 21, 2026
Annual tax: $1,546.75 (2025)
Photos: 14
MLS#: R3112938
Area: BURNABY

Features and systems

Parking

UndergroundVisitor Parking

Appliances

All

Heating

Baseboard heatersElectric

Lot

Central locationPrivate settingElevator

Community

Pets Allowed With Restrictions

Security

Smoke DetectorsSprinkler System-Fire

Negative cash flow ~$564/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.94%

Cap rate

3.48%

GRM

16.6

Break-even rent

$3,044

Financing

Down payment$97,600

Loan amount$390,400

Mortgage$1,978/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$224

Insurance$80

Maintenance$407

CapEx reserve$203

Vacancy loss$123

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,978/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.