Many homebuyers are discovering that UniverCity is an attractive and complete community, but how does its investment potential stack up against other neighbourhoods in Metro Vancouver?
An analysis prepared by Urban Analytics (UAI), an independent consulting firm, answers this question, finding that UniverCity is Metro Vancouver’s best-kept secret for real estate investing. For more information, visit http://univercity.ca/community/univercity-real-estate-investing/
Altitude by award-winning Hungerford Group is a highly anticipated tower community in UniverCity offering sophisticated 1, 2 and 3 bedroom homes located on one of the last significant view sits on University Crescent. Altitude features over 8,000 sf of amenity space including sustainable rain gardens, landscaped courtyards, a cardio centre and an owners lounge that has been designed for practical entertaining and learning. Each home is designed with premium interior finishes uncommon at its price point. Now available from $239,900, visit the Altitude Sales Centre at 8955 University High Street between 12-5PM daily except Friday. Expected completion for Tower One is early 2015.
From more information visit www.hungerfordgroup.com.
CentreBlock, Liberty Homes’ third addition to the UniverCity community, features contemporary living spaces with a variety of new shops and services at your doorstep. From modern one and two bedroom apartments to spacious three bedroom townhomes, this is a great opportunity for the first time homebuyer or investor. For more information, visit the CentreBlock sales centre at 8955 University High Street, open daily from noon to 5 pm.
For more information visit http://libertyhomes.ca
Building on the success of Origin, Porte Development introduces Lift. High atop Burnaby mountain, Lift offers contemporary 1 bedroom and 1 + den flats, plus 3 bedroom gardenhomes and skyhomes. Lift is the pinnacle of sustainable design, contemporary details combined with urban amenities and acres of nature trails just outside your door. Lift is a smart investment now and for the future.
For more information visit www.porte.ca.
Resales and Rentals
Sale and rental information about UniverCity units can be found online, or on physical bulletin boards throughout the community.
Useful websites include:
The Faculty Association of Simon Fraser University — Rental properties and accommodation listing website
Advent Real Estate Services – Rental properties in the Burnaby area
Rent BC – SFU Off-Campus Housing website
BC Rentals – Rental properties in the Burnaby area
Off Campus Housing – Student Housing website
Click here for Burnaby Listings
Sublet.com – Rental properties website
For Cornerstone Rentals, contact Midwest Properties
Email: firstname.lastname@example.org or call 604-291-6878
Simon Fraser Condos –Resales of Condos in the Simon Fraser University area
Faculty and Staff Housing
As part of its commitment to Equity and Education, the SFU Community Trust has made an effort to incorporate below-market housing options for SFU faculty and staff into UniverCity, thus providing affordable housing options for members of the SFU Community in close proximity to their place of employment.
The first of these projects, developed in partnership with Vancity Enterprises, is the 60-unit ‘Verdant’ project. This development offers family-oriented housing units that were sold to owners at 20 percent below-market rates. As a condition tied to each title, these environmentally-friendly units will continue to be resold at discounted rates.
For more information on this development, please see www.verdantliving.com for details.
While currently sold out, all SFU staff and faculty are eligible to purchase units in Verdant as current owners bring them to market. The SFU Community Trust manages a waitlist for available units. To add a name to the waitlist for a unit in Verdant, please contact the Trust by phone at 604-291-3000, by email at Info@UniverCity.ca, or drop by the Community Trust office in the Cornerstone between 8:30am and 4:30pm, Monday to Friday.