A Real Estate Buyer's Best Choice

313 8850 University Crescent, Burnaby Listing #: R2591391

$599,000
2 Beds
2 Baths
827 Sqft
2019 Built
$438.05 mnt. fees


Great investment opportunity. Terraces at the Peak - A great community development by Intergulf. This South facing 827 Sqft 2 bedroom + 2 bathroom LOCK-OFF unit with 2 entries is a perfect investment or homeowner looking for a mortgage helper. The unique layout can be divided into two complete sections – 1 bedroom with full kitchen, dining and living space; and the other 1 bedroom with mini bar fridge and sink counter. Tenant rental fee before Covid19 was $2600/month (with 20% downpayment, still have positive cash flow.), current rental income is $2400/month higher than average 2bd rent in the SFU rental market.
Taxes (2019): $1,679.14
Amenities
  • Bike Room
  • Club House
  • Elevator
  • Garden
Features
  • ClthWsh
  • Dryr
  • Frdg
  • Stve
  • DW
  • Dishwasher
  • Drapes
  • Window Coverings
  • Hot Water Dispenser
  • Microwave
  • Oven - Built In

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MLS Reciprocity

Listed By: Sutton Group - 1st West Realty

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