1206 8850 University Cres, Burnaby BC - Apartment/Condo for Sale - MLS# R3105508

159 days on the market
$657,000
Est. Mortgage $2,907/mo
Listing updated:
EstateBlock checked:
2 Beds
2 Baths
825 sqft
796 $ /sqft
526.69 $ Maint. fee
2019 built
8.5% price reduction
159 days on the market
$657,000
$717,700
Est. $2,907/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1206 8850 University Crescent

8.5% price reduction

Sophistication at The Peak. Welcome to this well-maintained, upgraded 2-bed, 2-bath smart home. Unlike standard units, this residence features over $20K in premium upgrades and thoughtful design for modern living, with ocean views and stunning sunset scenery.Custom millwork maximizes space with a Murphy bed/sofa system in the primary bedroom and a Murphy bed/desk combo in the second bedroom—ideal for a home office or guest use.Enjoy Hunter Douglas PowerView® automated blinds ($6K value), upgraded laminate flooring throughout (no carpet), and a kitchen hot water faucet—adding a touch of luxury and refined living. Steps to Nesters Market and SFU transit, this home offers one of the most versatile and intelligently designed layouts. Don’t miss out!!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator, Storage
Heating Type Baseboard
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
View Description Mointain Ocean
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $657,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 825
Year Built 2019
Age Of Building 7
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Gas, Hot Water, Management
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $526.69
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Gas, Hot Water, Management
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3105508
Area Burnaby North
Neighbourhood Simon Fraser Univer.
City Burnaby
Postal Code V5A 0C8
Gross Taxes $2,095
Zoning P11E S

Property Timeline

Status Date Price
R3105508 / Active 03-31-2026 $657,000
Rooms
Floor Type Dimensions
Main Level Living Room 13'3 x 13'3 ft
Main Level Dining Room 16'11 x 16'11 ft
Main Level Kitchen 16'11 x 16'11 ft
Main Level Bedroom 8'6 x 8'6 ft
Main Level Primary Bedroom 9'8 x 9'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #5
Main Level No #5

Listed by: Nu Stream Realty Inc.

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 2.84 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 4.37 km 8.6/10
Elementary, Secondary
Traditional Learning Academy
Above Average 5.36 km 8.4/10

Closest Transit

Bus Stop
SFU Transit Exchange @ Bay 4
0.32 km
Skytrain
Skytrain @ Burquitlam Station
2.49 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

49 / 100
Overall sell-speed score
Moderate pace expected
D
Price competition grade
Avg comparable: $534,141
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.49 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
159 DOM
Slower than area
Simon Fraser Univer. avg
43 DOM
Average
Burnaby avg
43 DOM
Faster market

1206 8850 University Crescent has a sell-speed score of 49/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 18.7% above comparable active properties in Simon Fraser Univer.. The local market is currently a Balanced Market with a sales-to-active ratio of 15.2% and an area average of 43 days on market — conditions are balanced. With only 553 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 0C8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 0C8, 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)

  • Uncle fatih's pizza · 252 m · Fast Food
  • Togo sushi · 252 m · Restaurant
  • Chef hung · 252 m · Restaurant

Cafes (9 nearby)

  • Chaiiwala of london · 253 m · Cafe
  • Tim hortons · 257 m · Cafe
  • Chakura · 331 m · Cafe

Shopping (5 nearby)

  • House of vision · 254 m · Optician
  • Simon fraser university · 298 m · Post Office
  • Nesters market · 301 m · Pharmacy

Groceries (2 nearby)

  • Nesters market · 299 m · Supermarket
  • Bc liquor store · 300 m · Beverages

Gyms (1 nearby)

  • Sfu aquatic centre · 878 m · Gym

Healthcare (1 nearby)

  • Nesters market · 301 m · Healthcare

Transit (1 nearby)

  • Bus stop westbound barnet rd @ cariboo rd · 950 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

263 m

Forest Grove Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

1.83 KM

Seaview Community School

Public

Grades Served

K-5

Catchment Info

4.8 / 10

Distance

2.37 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

2.54 KM

Miller Park Community School

Public

Grades Served

K-5

Catchment Info

6.4 / 10

Distance

2.74 KM

Burnaby Mountain Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.1 / 10

Distance

2.84 KM

Ecole Banting Middle

Public

Grades Served

Catchment Info

4.1 / 10

Distance

2.87 KM

Ecole Moody Middle

Public

Grades Served

Catchment Info

5.1 / 10

Distance

2.98 KM

Pre-computed routes from 1206 8850 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

1206 8850 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 (0.32 km). Walk Score Transit rating: Good Transit (55/100).

Walkability & Transit Near 1206 8850 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 1206 8850 University Crescent

/month
Principal & Interest
Property Taxes $175
Maintenance fee 526.69
Financing 80% of the $657,000 asking price over 30 years at 4% results in approximately $3,211/month in total estimated carrying costs, $175 property tax, $527 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
This listing generates an estimated $2,332/month in rental income, leaving a -$932/month cashflow at current carrying costs. Investors targeting break-even would need roughly 50% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1206 8850 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 $657,000
Burnaby Loading...
Simon Fraser Univer. Loading...

Based on 33 comparable active apartments/condos in Simon Fraser Univer., the average asking price is $553,378. This listing is priced 18.7% above the neighbourhood average. This property is flagged as a Hot Deal (8.5% price reduction) based on its competitive pricing and market demand.

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

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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 1206 8850 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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