103 8940 University Cres, Burnaby BC – Condo for Sale – MLS® R3097584

103 8940 University Crescent, Burnaby, British Columbia V5A 0E7

226 days on the market
$599,999
Est. Mortgage $2,654/mo
Listing updated:
EstateBlock checked:
2 Beds
2 Baths
893 sqft
672 $ /sqft
614.31 $ Maint. fee
2020 built
226 days on the market
$599,999
Est. $2,654/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 103 8940 University Crescent

Welcome to Terraces at the Peak by Intergulf in SFU’s UniverCity community. This 2 bed, 2 bath home offers a bright open layout with a modern kitchen featuring quartz countertops, Euro-style cabinetry and stainless appliances. The primary bedroom includes a walk-in closet and ensuite. Enjoy a large private patio with peaceful garden views. Amenities include a gym, social lounge and outdoor terrace. Steps to SFU, Nesters Market, cafés, trails and transit. The best priced 2-bedroom home in the community.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Playground
View Description Garden View
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $599,999
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 893
Year Built 2020
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Architecture Style Ground Level Unit
Stories 0
Building Amenities Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Geothermal
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $614.31
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Geothermal
Utility Type Community, Electricity Connected
Utility Sewer Community
Water (WaterSource) Public
Parking Type Underground, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites None
Units In Development 117

Lot & Land

Lot Size Depth Feet
MLS® # R3097584
Area Burnaby North
Neighbourhood Simon Fraser Univer.
City Burnaby
Postal Code V5A 0E7
Gross Taxes $2,108
Zoning P11

Property Timeline

Status Date Price
R3097584 / Active 03-09-2026 $599,999
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 9'4 x 9'4 ft
Main Level Bedroom 8'6 x 8'6 ft
Main Level Kitchen 11'9 x 11'9 ft
Main Level Living Room 11'1 x 11'1 ft
Main Level Dining Room 11'1 x 11'1 ft
Main Level Walk-In Closet 4'11 x 4'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: Luxmore Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

About the building: Terraces At The Peak

8940 University Crescent, Simon Fraser Univer., Burnaby

Terraces At The Peak building details

Building

Built
2021
Homes
117 in 13 storeys
Construction
Concrete
Title
Leasehold prepaid-Strata
Strata plan
EPS7239
Managed by
Wynford
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
Snow removalRecreation FacilityManagementHot WaterHeatGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Terraces At The Peak

For sale
7
Median ask
$590K
Median $/sqft
$620
Days on market
110
Sold, past year
4
This home

$672/sqft, 8.4% above the building median of $620.

  • Leasehold prepaid-Strata, not freehold strata. Ask for the lease expiry date, the prepaid rent position, and which lenders will finance it.
  • Structural warranty runs to 2031 under BC's 2-5-10 new-home warranty.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map & Neighbourhood

Public Schools

Elementary
University Highlands Elementary School
Above Average 0.26 km 7.1/10
Secondary
Burnaby Mountain Secondary School
2.85 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Mediated Learning Academy
1.92 km
Elementary, Secondary
Mediated Learning Academy
1.92 km

Closest Transit

Bus Stop
Southbound Tower Rd @ University High Street
0.37 km
Skytrain
Skytrain @ Burquitlam Station
2.46 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average 36.8%
No Certificate/Degree
Below Average 7.4%
Owner Occupied
Average 63%
Employment Rate
Above Average 67.6%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

52 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $582,599
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.46 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SIMON FRASER UNIVER. compares
This property
226 DOM
Slower than area
Simon Fraser Univer. avg
41 DOM
Average
Burnaby avg
41 DOM
Faster market

103 8940 University Crescent has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.9% above comparable active properties in Simon Fraser Univer.. The local market is currently a Balanced Market with a sales-to-active ratio of 12.7% and an area average of 41 days on market — conditions are balanced. With only 551 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5A 0E7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 0E7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS. Nearest station: New Westminster Sapperton Park, New Westminster (~6 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

Burnaby currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (22 nearby)

  • Togo sushi · 282 m · Restaurant
  • Uncle fatih's pizza · 283 m · Fast Food
  • Chef hung · 285 m · Restaurant

Cafes (9 nearby)

  • Tim hortons · 278 m · Cafe
  • Chaiiwala of london · 280 m · Cafe
  • Chakura · 375 m · Cafe

Shopping (5 nearby)

  • House of vision · 278 m · Optician
  • Simon fraser university · 320 m · Post Office
  • Nesters market · 335 m · Pharmacy

Groceries (2 nearby)

  • Nesters market · 320 m · Supermarket
  • Bc liquor store · 341 m · Beverages

Gyms (1 nearby)

  • Sfu aquatic centre · 938 m · Gym

Healthcare (1 nearby)

  • Nesters market · 335 m · Healthcare

Transit (1 nearby)

  • Bus stop westbound barnet rd @ cariboo rd · 968 m · Transit

Schools NearBy

9 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

University Highlands Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.4 / 10

Distance

261 m

Forest Grove Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

1.86 KM

Seaview Community School

Public

Grades Served

K-5

Catchment Info

—
4.8 / 10

Distance

2.31 KM

Stoney Creek Community Elementary

Public

Grades Served

—

Catchment Info

—
6.7 / 10

Distance

2.44 KM

Lyndhurst Elementary School

Public

Grades Served

K-7

Catchment Info

—
N/A

Distance

2.53 KM

Miller Park Community School

Public

Grades Served

K-5

Catchment Info

—
6.4 / 10

Distance

2.70 KM

Ecole Banting Middle

Public

Grades Served

—

Catchment Info

—
4.1 / 10

Distance

2.83 KM

Burnaby Mountain Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.1 / 10

Distance

2.85 KM

Ecole Moody Middle

Public

Grades Served

—

Catchment Info

—
5.1 / 10

Distance

2.93 KM

Pre-computed routes from 103 8940 University Cres, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Burquitlam → Waterfront
    64 min
  • Metrotown, Burnaby via Burquitlam → Metrotown
    59 min
  • SFU Burnaby via Burquitlam → Production Way
    39 min
  • Richmond Centre via Burquitlam → Brighouse
    89 min
  • YVR Airport via Burquitlam → YVR-Airport
    90 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    18 min
  • Metrotown, Burnaby via Lougheed Hwy
    11 min
  • SFU Burnaby via Gaglardi Way
    4 min
  • Richmond Centre via No. 3 Rd
    25 min
  • YVR Airport via Bridgeport / Sea Island
    26 min

Calculate your commute

103 8940 University Cres, Burnaby, BC is ideally located for commuters. The property is 2.5 km from Burquitlam, with a 64 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Tower Rd @ University High Street (0.37 km). Walk Score Transit rating: Good Transit (55/100).

Walkability & Transit Near 103 8940 University Crescent

Walk Score Badge
Car-Dependent 71

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 55

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
43

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 103 8940 University Crescent

/month
Principal & Interest
Property Taxes $176
Maintenance fee 614.31
With a 20% down payment, buyers can expect an estimated $3,082/month in total housing costs on this $599,999 property — $2,292 mortgage payment, $176 property tax, $614 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $2,187/month estimated rent and $3,141/month in total housing costs, this property has a -$954/month cashflow. Break-even down payment: approximately 54%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 103 8940 University Crescent, Burnaby

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Simon Fraser Univer., Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $599,999
Burnaby Loading...
Simon Fraser Univer. Loading...

Based on 25 comparable active apartments/condos in Simon Fraser Univer., the average asking price is $583,110. This listing is priced 2.9% above the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 103 8940 University Crescent

Walk Score Badge
Car-Dependent 71

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 55

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
43

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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