Home Burnaby, BC Simon Fraser Univer. The Peak 1308 8850 University Crescent

1308 8850 University Cres, Burnaby BC - Apartment/Condo for Sale - MLS# R3121003

123 days on the market

$699,900

Est. Mortgage $3,096/mo

Listing updated: Jun 9, 2026 at 12:28pm

EstateBlock checked: Sep 6, 2026 at 03:45am

The Peak

2 Beds

2 Baths

800 sqft

875 $ /sqft

506.17 $ Maint. fee

2019 built

123 days on the market

$699,900

$719,888

Est. $3,096/mo with 20% down

Listing updated: Jun 9, 2026 at 12:28pm

EstateBlock checked: Sep 6, 2026 at 03:45am

Photos

Exterior Front Photo of 1308 8850 University Crescent, Burnaby, BC

Exterior Rear Photo of 1308 8850 University Crescent, Burnaby, BC

Living Room Photo of 1308 8850 University Crescent, Burnaby, BC

Family Room Photo of 1308 8850 University Crescent, Burnaby, BC

Dining Area Photo of 1308 8850 University Crescent, Burnaby, BC

Kitchen Photo of 1308 8850 University Crescent, Burnaby, BC

Kitchen Island Photo of 1308 8850 University Crescent, Burnaby, BC

Pantry Photo of 1308 8850 University Crescent, Burnaby, BC

Breakfast Nook Photo of 1308 8850 University Crescent, Burnaby, BC

Primary Bedroom Photo of 1308 8850 University Crescent, Burnaby, BC

Just a 5-minute walk to SFU, schools, transit, restaurants, and shops like Starbucks and Nester’s Market, this residence features a functional open-concept layout with laminate flooring throughout. Residents enjoy premium amenities including a two-storey gym, yoga studio, study lounge, party room, outdoor terrace blending lifestyle, convenience, and natural beauty in one perfect package.

Interior Features

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

Exterior Features

Exterior Features	Playground, Balcony
View Description	City and Ocean View
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$699,900
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	800
Year Built	2019
Age Of Building	7
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Clubhouse, Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Snow Removal
Building Name	The Peak
Ownership Type	Leasehold prepaid-Strata
Maintenance Fee	$506.17
Community Features	Shopping Nearby
Amenities Nearby	Clubhouse, Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Snow Removal
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building
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 Restrictions	100
Rental Suites	None

Lot & Land

MLS^® #	R3121003
Area	Burnaby North
Neighbourhood	Simon Fraser Univer.
City	Burnaby
Postal Code	V5A 0C8
Gross Taxes	$2,047.55
Zoning	CD

Property Timeline

Status	Date	Price
R3121003 / Active	05-06-2026	$699,900

Rooms

Floor	Type	Dimensions
Main Level	Living Room	9'3 x 9'3 ft
Main Level	Dining Room	5'5 x 5'5 ft
Main Level	Kitchen	8'8 x 8'8 ft
Main Level	Primary Bedroom	13'3 x 13'3 ft
Main Level	Bedroom	8'11 x 8'11 ft
Main Level	Laundry	4'0 x 4'0 ft
Main Level	Foyer	5'1 x 5'1 ft

Bathrooms

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

Listed by: Sutton Group - 1st West 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.

Map & Neighbourhood

Public Schools

Elementary
University Highlands Elementary School: 0.26 km
Secondary
Burnaby Mountain Secondary School: 2.84 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: 1.95 km
Elementary, Secondary
Mediated Learning Academy: 1.95 km

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

38 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $514,427

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

123 DOM

Slower than area

Simon Fraser Univer. avg

43 DOM

Average

Burnaby avg

43 DOM

Faster market

1308 8850 University Crescent has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 26.5% 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 could take longer than the area average to sell.

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 1308 8850 University Cres, Burnaby, BC

1308 8850 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

1308 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 1308 8850 University Crescent

Car-Dependent 71

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 55

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 43

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 1308 8850 University Crescent

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $171

Maintenance fee 506.17

With a 20% down payment, buyers can expect an estimated $3,350/month in total housing costs on this $699,900 property — $2,673 mortgage payment, $171 property tax, $506 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: Jun 9, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $2,484/month estimated rent and $3,407/month in total housing costs, this property has a -$923/month cashflow. Break-even down payment: approximately 48%.

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

Estateblock Rent Estimate for 1308 8850 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.

Quick summary

auto

26.5% above Simon Fraser Univer. avg

$699,900 vs $553,378 area average

Price/sqft: $875
Building: The Peak
Annual tax: $2,047.55
Total monthly est.: $3,773
Walk Score: 71 — Very Walkable
Skytrain: 2.49 km
Flood risk: None
Crime rate: Below average
Pets allowed: Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Short-term rental: 100

School catchment

auto

Elementary: University Highlands Elementary School
Distance: 0.26 km
Secondary: Burnaby Mountain Secondary School
Distance: 2.84 km

Call or Text Now!

Dan Marusin

Renanza Realty

778-918-5990

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

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