Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Apartment/Condo · Burnaby

418 8850 University Crescent

Burnaby, BC V5A0C8

$618,000

180 days on market

Bedrooms
2
Bathrooms
2
Floor area
825 sq ft
Type
Apartment/Condo
Year built
2019
Parking
1
Strata fee
$533.53/mo
Taxes
$2,041.58 (2025)
MLS®
R3109517

About this home

Built by trusted developer Intergulf Development Group, Terraces at The Peak offers one of the most compelling investment opportunities in the vibrant SFU community. This south-facing 827 square ft 2-bedroom + 2-bathroom LOCK-OFF residence features two separate entrances, creating exceptional flexibility for both investors and end users. The thoughtfully designed floorplan can be divided into two self-contained living sections, making it ideal for rental income, multigenerational living, or a mortgage helper setup. One side offers a full 1-bedroom home complete with kitchen, dining, and living area, while the secondary lock-off suite functions as a private 1-bedroom space with its own mini bar fridge and sink counter, perfect for a home office or supplemental income.

  • Pets Allowed With Restrictions
  • All

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$2,736
Strata fee$534
Property taxannual ÷ 12$170
Est. monthly total$3,440
Down payment + BC property transfer taxbefore any first-time buyer exemption$133,960

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Listing courtesy of Sutton Group - 1st West Realty. View on REALTOR.ca

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Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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