At the edge of SFU, on top of Burnaby Mountain, there’s cool and a little known community of young families and couples, academics, students and professionals who value living on nature’s doorstep. Currently home to 3,500 residents, UniverCity – as it’s called – is also on the verge of a major transformation as more residents move in (10,000 are expected to live there within the next decade) and more homes go up. There are already shops, restaurants and cafes, an award-winning, sustainably designed daycare and elementary school, as well as over 23 kilometres of hiking and biking trails through lush forest.
In the heart of this new community is Hungerford Properties’ two-tower development called Altitude. The first tower will be complete by the end of the year when residents begin to move in, and over the weekend, they launched the second tower. When built, the towers will be the tallest in Metro Vancouver offering spectacular views of the North Shore mountains, Burrard Inlet and downtown. Altitude Tower Two will be 14-storeys and offers 1, 2, and 3 bedroom homes starting at $240,000’s.
Apr 11, 2014Altitude General News In The Media Residential
The second tower in the Altitude development on Burnaby Mountain will be the highest point in Metro Vancouver when it's complete.
The project by Hungerford Properties goes on sale Saturday (April 12) at noon at 8955 University High St., Burnaby.
The first tower is 75 per cent sold and construction will be finished by the end of the year, the company says.
The project is located in the UniverCity community next door to Simon Fraser University. So far 3,500 people call the neighbourhood home, a figure that will eventually reach more than 10,000.
Apr 08, 2014Altitude General News Residential
At the edge of SFU, on top of Burnaby Mountain, there’s a cool, little known and growing community of young families and couples, academics, students and professionals who value living on nature’s doorstep. Currently home to 3,500 residents, UniverCity – as it’s called – is also on the verge of a major transformation as more residents move in (10,000 are expected to live here within the next decade) and more homes go up. There are already shops, restaurants and cafes, an award-winning, sustainably designed daycare and elementary school, as well as over 23 kilometres of hiking and biking trails through lush forest.
People looking for a good deal may have just hit the jackpot. Hungerford Properties is offering a one-day “groupon-style” sale for their newest development Altitude on Burnaby Mountain.
“It means using group buying power to provide deals to people who wouldn’t otherwise be there,” said Jason Dolker, director of sales and marketing for Hungerford Properties. Prior to the one-day event - taking place June 8 - people planning on buying one of Hungerford’s
Altitude condominiums at Simon Fraser University’s UniverCity must register online. Once they’ve registered, Dolker said they should come to the sales office and look at the show rooms and the different units available. “We recommend people to come up prior to the event so that they can preview and get more knowledgeable about what they want,” he said. “That way the day of, when they arrive, they already know what they want and it’s not an education process.”
May 30, 2013Altitude General News Residential
Altitude hosts Burnaby's first-ever CONDOday event, offering big discounts for one day only.
We all like a good deal "“ and one popular and easy way to find them is through companies like Groupon. The power of group buying is second to none, even in real estate. On June 8th, CONDOday, a local Groupon-like company, will offer a one-day sale on our condos at Altitude on Burnaby Mountain, with savings of up to $60,000 for homebuyers.
Basically, for one day only, buyers can purchase condos at way lower than market value. And it's free to sign up.
"Altitude is an affordable, brand new concrete building, surrounded by 1,400 acres of park and forest and views," says Jason Dolker, Director of Sales & Marketing at Hungerford Properties. "Offering a further discount on already affordable prices is a no brainer in this market."
According to the independent research firm, Urban Analytics, "UniverCity at SFU demonstrates the best investment choice" in terms of cash flow. In a study released earlier this year, UniverCity was shown to offer condos that cost substantially less, but with higher rents, the return on investment is second to none. "While investors enjoy a lower cost of entry into the UniverCity at SFU," says the report, "they can realize monthly rents that are proportionately higher than in the other areas."
At UniverCity, a typical new concrete condo costs about $500/square foot. In Metrotown, those prices are closer to $600/square foot and in UBC, nearly $800/square foot. With this one day CONDOday sale, the price for an Altitude condo at UniverCity will be as low as $425/square foot.
"It's a great time to buy right now," says Dolker. "When are you going to get concrete condos in Burnaby for as little as $425/sq foot? That's unheard of. Plus, with savings from CONDOday deals, first-time homebuyers really can find homes that aren't out of reach financially."
A one bedroom home at Altitude normally starts at $$323,900 but with this CONDOday deal, they will be selling at $290,900. That's a savings of $33,000.
Here’s a sneak peak at some of the savings:
"On CONDOday, buyers save tens of thousands of dollars because of the group discount," says Cam Good, owner of CONDOday. "Many buyers will save more on CONDOday than they earn in a year, and that makes buyers very happy." It's a one-day sale on Saturday, June 8th from 12-4pm at the Altitude Sales Centre. To register, please click here.
Apr 15, 2014Burnaby NewsLeader - Tower will be a high point in Metro
Apr 11, 2014Business in Calgary - Hungerford Launches a Flurry of Developments and Investments
Apr 08, 2014Live On Top of the World in Burnaby Mountain’s Awesome New Community
Apr 08, 2014