Home Burnaby, BC Simon Fraser Univer. Terraces At The Peak 104 8940 University Crescent

104 8940 University Cres, Burnaby BC V5A 0E7 – Condo for Sale – MLS® R3168311

104 8940 University Crescent, Burnaby, British Columbia V5A 0E7

Burnaby Condos for Sale

52 days on the market

$599,888

Est. monthly cost $3,271/mo

Updated with MLS® - Nov 11, 2026 at 03:45pm

2 Beds

2 Baths

952 sqft

630 $ /sqft

651 $ Maint. fee

2021 built

Photos

Welcome to Terraces at the Peak, located at SFU University. This high quality, concrete building by Intergulf makes the perfect home. Short walk out to the bus loop, elementary school, childcare, Starbucks, shopping, parks and recreation and so much more. Enjoy beautiful north-west facing unit, which is privately located, elevated in the trees with some mountain view. The property offers the expansive floor plan with over 400sf of covered balcony, huge floor to ceiling windows, separated bedrooms, and a great kitchen with top of the line appliances and a super big kitchen island. Great amenities include forest gym, party room, playground, and outdoor bbq area. Pets & rentals are allowed. Comes with one parking stall. Allow 24 hours to arrange a viewing. OPEN HOUSE SUN, OCT 25, 2-3.30pm

Building 22 fields Inside & out 10 fields Lot & land 7 fields

Building Details

Price	$599,888
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	952
Year Built	2021
Age Of Building	5
Building Type	Apartment/Condo
Unit Style	Corner unit
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Sewer, Snow Removal, Water, Geothermal
Ownership Type	Leasehold prepaid-Strata
Maintenance Fee	$651
Amenities Nearby	Bike Room, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Sewer, Snow Removal, Water, Geothermal
Utility Type	Community, Electricity Connected, Natural Gas Connected
Water (WaterSource)	Public
Parking Type	Underground, Front Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed,Rentals Allowed
Pet Restrictions	Yes

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Heating Type	Baseboard, Geothermal
Laundry	In Unit
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Playground, Balcony
View Description	TREES
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3168311
Area	Burnaby North
Neighbourhood	Simon Fraser Univer.
City	Burnaby
Postal Code	V5A 0E7
Gross Taxes	$2,435
Zoning	CD

Property Timeline

Status	Date	Price
R3168311 / Active	09-20-2026	$599,888

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'0 x 12'0 ft
Main Level	Dining Room	11'0 x 11'0 ft
Main Level	Kitchen	12'4 x 12'4 ft
Main Level	Primary Bedroom	18'5 x 18'5 ft
Main Level	Bedroom	9'6 x 9'6 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Main Level	Yes	#3

Listed by: Royal Pacific Riverside Realty Ltd.

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: 6
Median ask: $574K
Median $/sqft: $607
Days on market: 133
Sold, past year: 5

This home

$630/sqft, 3.8% above the building median of $607.

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.

Homes for sale at Terraces At The Peak, Burnaby Recent sold listings in Terraces At The Peak, Burnaby

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

Map, sell speed & climate

SkyTrain 2.46 km · Burnaby Mountain Secondary School 7.1/10 · 2.85 km · crime below average · sell-speed score 52/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (22 nearby)

Togo sushi · 274 m · Restaurant
Uncle fatih's pizza · 276 m · Fast Food
Chef hung · 277 m · Restaurant

Cafes (9 nearby)

Tim hortons · 271 m · Cafe
Chaiiwala of london · 272 m · Cafe
Chakura · 367 m · Cafe

Shopping (5 nearby)

House of vision · 271 m · Optician
Simon fraser university · 313 m · Post Office
Nesters market · 327 m · Pharmacy

Groceries (2 nearby)

Nesters market · 314 m · Supermarket
Bc liquor store · 333 m · Beverages

Gyms (1 nearby)

Sfu aquatic centre · 930 m · Gym

Healthcare (1 nearby)

Nesters market · 327 m · Healthcare

Transit (1 nearby)

Bus stop westbound barnet rd @ cariboo rd · 969 m · Transit

Public Schools

Secondary
Burnaby Mountain Secondary School: Above Average 2.85 km 7.1/10
Elementary
University Highlands Elementary School: Above Average 0.26 km 7.4/10

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

Private Schools

Elementary
Queen of All Saints Elementary School: Above Average 4.32 km 8.6/10
Elementary, Secondary
Traditional Learning Academy: Above Average 5.33 km 8.4/10

Closest Transit

Bus Stop
SFU Transit Exchange @ Bay 4: 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

Price competition grade

Avg comparable: $576,417

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

52 DOM

Slower than area

Simon Fraser Univer. avg

41 DOM

Average

Burnaby avg

41 DOM

Faster market

104 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 4.1% 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 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.

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 257 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 2.32 KM
Stoney Creek Community Elementary	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.43 KM
Lyndhurst Elementary School	Public	Grades Served K-7	Catchment Info —	N/A	Distance 2.52 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 104 8940 University Cres, Burnaby, BC

104 8940 University Cres, Burnaby, BC Burquitlam 2.5 km

64 min

Downtown Vancouver Waterfront Station

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

104 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 SFU Transit Exchange @ Bay 4 (0.37 km). Walk Score Transit rating: Good Transit (55/100).

Walkability & Transit Near 104 8940 University Crescent

Very Walkable 71

Walk Score - Very Walkable

Most errands can be accomplished on foot

Good Transit 55

Transit Score - Good Transit

Many nearby public transportation options

Somewhat Bikeable 43

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $3,271/month · rent estimate $2,302/month · owning catches up with renting by year 18 · cash flow if rented −$1,143/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 104 8940 University Crescent

$3,271 /month

Principal & Interest $2,417

Property Taxes $203

Maintenance fee $651

The estimated monthly cost of 104 8940 University Crescent, Burnaby is $3,271: $2,417 principal and interest with 20% down over 30 years at 4.45%, plus $203 property tax and $651 strata 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

−$1,143 /month

Mortgage Payment $2,417

Monthly Cash Flow −$1,143

Break Even Down Payment 58%

Cap Rate -2.3%

Cash on Cash -11.4%

If 104 8940 University Crescent, Burnaby were rented at $2,302 a month with 5% vacancy, it would fall $1,143 a month short of the mortgage and carrying costs; about 58% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 104 8940 University Crescent, Burnaby

$2,302 / month

Rent $2,302

Own $3,271

Principal: $777/mo Interest, tax, insurance, fees: $2,494/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$651/mo (year 1) → ~$1,514/mo (year 20) → ~$2,258/mo (year 29).

Net cost to own at year 5 ~$2,494/mo About $192/mo more than renting

EstateBlock estimates 104 8940 University Crescent, Burnaby would rent for about $2,302 a month.

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.

Rent vs own: 104 8940 University Crescent

Rent vs own

Owning catches up by year 18

With 20% down ($119,978) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $42,766

Principal paid off by year 10 $96,168

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 104 8940 University Crescent, Burnaby is cheaper at first, but owning catches up by year 18, with $42,766 of principal paid off by year 5 and $96,168 by year 10.

Call or Text Now!

Dan Marusin

Renanza Realty

778-918-5990

Award-Winning REALTOR^® with 13+ Years of Experience Serving Greater Vancouver

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

out of $4,474

0 of 21 missions

$224 / 5.00%

Buy with us & save on this property