104 8940 University Cres, Burnaby BC - Apartment/Condo for Sale - MLS# R3168311

7 days on the market
$609,900
Est. Mortgage $2,698/mo
Listing updated:
EstateBlock checked:
2 Beds
2 Baths
952 sqft
641 $ /sqft
651 $ Maint. fee
2021 built
NEW
7 days on the market
$609,900
Est. $2,698/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 104 8940 University Crescent

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, suspended 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 SAT SEP 26, 3-4pm

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

Building Details

Price $609,900
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
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

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 $609,900
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.

Map & Neighbourhood

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
B
Price competition grade
Avg comparable: $590,993
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
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
7 DOM
Very fast
Simon Fraser Univer. avg
41 DOM
Average
Burnaby avg
41 DOM
Slower 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 3.1% 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 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 (BC ENV 2024). 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 · 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

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

—
0

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

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

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 104 8940 University Crescent

/month
Principal & Interest
Property Taxes $203
Maintenance fee 651
A 20% down payment of $121,980 on this $609,900 listing yields an estimated mortgage of $2,329/month (30-year fixed, 4%). Total estimated housing cost: $3,183/month, $203 property tax, $651 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $2,165/month in estimated rental income against $3,233/month in mortgage payments, the monthly cashflow is -$1,068/month. A 57% down payment would reach 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

Buy Vs Rent Calculator

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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 $609,900
Burnaby Loading...
Simon Fraser Univer. Loading...

Based on 25 comparable active apartments/condos in Simon Fraser Univer., the average asking price is $591,458. This listing is priced 3.1% 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 Real Estate Board of Greater Vancouver 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 104 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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