Mortgage Calculator
For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
Mortgage rates are estimates of current rates. No fees are included.
313 8850 University Crescent, Burnaby
MLS®: R2559073
827
Sq.Ft.
2
Baths
2
Beds
2019
Built
Swipe the photo for more.
Description
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
