Blog by Robert Crowe

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Burnaby Real Estate - Serenity at SFU 9229 University

Serenity at Simon Fraser University has no active MLS® listings at the moment. Oddly there is only one townhouse for sale at University SFU. You can view it here: http://tinyurl.com/38mqob9.

This is the lowest level of inventory that I've seen in this area in years. This is a terrific time for new listings at SFU to hit the market, and there are many active buyers visiting the area this time of year.
There have been 14 townhouses sold at Serenity so far in 2010. I'm not able to post all the sales data publicly due to privacy regulations, but I'd be happy to provide a detailed report to you if you own a property at Harmony - or are interested in purchasing a home at SFU.  

One of the factors that has brought attention to the UniverCity neighbourhood lately is the recent launch of two new developments on University High Street. Nest by Mosaic Homes http://www.simonfrasercondos.com/Nest.ubr and Origin Porte Development http://www.simonfrasercondos.com/Origin.ubr have been selling well, and have out performed many of the other pre sale condo developments in Burnaby.

I get many inquiries from tenants looking to rent a townhouse at SFU, and Serenity is a popular building for investor owners looking for easy to manage investment properties. There are several floor plans available at Serenity starting just under 1100 square feet. The most popular floor plan seems to be the two bedroom, two bathroom plan which is on two levels and offers gas cooking and designer interior finishes. These have sold for as low $382,000 and typically rent in the $1500 - $1700 range.
There are some great resources for owners and residents. There is a Facebook page that is a good place to find properties for rent, and owners can post their rental ads there for free. http://www.facebook.com/pages/Serenity-at-Simon-Fraser-University-SFU/138701289517168 if you want to interact with other people at Harmony; visit this page and "Like" it to be kept up to date.
For more information about Serenity at SFU, please contact me at (778) 322-3557, or e-mail robert@simonfrasercondos.com