313 8850 University Cres, Burnaby BC V5A 0C8 – Condo for Sale – MLS® R3183338
313 8850 University Crescent, Burnaby, British Columbia V5A 0C8
Property Details for 313 8850 University Crescent
The Peak at SFU by Intergulf. Enjoy the flexibility of this 827 sq. ft. two-bedroom, two-bathroom lock-off residence with a sunny southern exposure and two separate entrances. Designed with versatility in mind, the home offers two distinct living zones, Live in one side and rent out the other as a mortgage helper. Very convenient location! Step to Nester's Market, walking distance to restaurants, campus, transit, trails & more.Great price for investment or for self occupied.
Building Details
| Price | $518,000 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 827 |
| Year Built | 2019 |
| Age Of Building | 7 |
| Building Type | Apartment/Condo |
| Unit Style | End unit |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal |
| Ownership Type | Leasehold prepaid-Strata |
| Maintenance Fee | $526.69 |
| Amenities Nearby | Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground, Guest |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allwd w/Restrctns |
| Pet Restrictions | Cats OK, Dogs OK, Yes With Restrictions |
Interior Features
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Interior Features | Elevator, Storage |
| Heating Type | Hot Water |
| # of Kitchens | 1 |
| Flooring | Laminate, Carpet |
| Foundation | Concrete Perimeter |
Exterior Features
| Exterior Features | Garden, Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Multi Family, Residential Attached |
Lot & Land
| MLS® # | R3183338 |
|---|---|
| Area | Burnaby North |
| Neighbourhood | Simon Fraser Univer. |
| City | Burnaby |
| Postal Code | V5A 0C8 |
| Gross Taxes | $2,044.56 |
| Zoning | / |
Property Timeline
| Status | Date | Price |
|---|---|---|
| R3183338 / Active | 11-12-2026 | $518,000 |
| to view full Property History (2 earlier records) | ||
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 11'6 x 11'6 ft |
| Main Level | Kitchen | 11'6 x 11'6 ft |
| Main Level | Dining Room | 11'6 x 11'6 ft |
| Main Level | Primary Bedroom | 8'12 x 8'12 ft |
| Main Level | Bedroom | 11'8 x 11'8 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | No | #3 |
Listed by: Multiple 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: The Peak
8850 University Crescent, Simon Fraser Univer., Burnaby
The Peak building details →Building
- Built
- 2019
- Homes
- 186 in 17 storeys
- Construction
- Concrete
- Title
- Leasehold prepaid-Strata
- Strata plan
- EPS5447
- Managed by
- Rancho Management
- 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 The Peak
- For sale
- 6
- Median ask
- $548K
- Median $/sqft
- $681
- Days on market
- 77
- Sold, past year
- 6
$626/sqft, 8.1% below the building median of $681.
- 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 2029 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, sell speed & climate
SkyTrain 2.49 km · Burnaby Mountain Secondary School 7.1/10 · 2.83 km · crime below average · sell-speed score 59/100 (moderate pace) · flood lower risk · wildfire low
Map & Neighbourhood
Nearby Restaurants, Cafes & Shops
Restaurants (22 nearby)
- Chef hung · 247 m · Restaurant
- Uncle fatih's pizza · 247 m · Fast Food
- Togo sushi · 247 m · Restaurant
Cafes (9 nearby)
- Chaiiwala of london · 249 m · Cafe
- Tim hortons · 255 m · Cafe
- Starbucks · 321 m · Cafe
Shopping (5 nearby)
- House of vision · 251 m · Optician
- Simon fraser university · 295 m · Post Office
- Nesters market · 295 m · Pharmacy
Groceries (2 nearby)
- Bc liquor store · 292 m · Beverages
- Nesters market · 297 m · Supermarket
Gyms (1 nearby)
- Sfu aquatic centre · 865 m · Gym
Healthcare (1 nearby)
- Nesters market · 295 m · Healthcare
Transit (1 nearby)
- Bus stop westbound barnet rd @ cariboo rd · 946 m · Transit
Public Schools
- Secondary
- Burnaby Mountain Secondary School
- Above Average 2.83 km 7.1/10
- Elementary
- University Highlands Elementary School
- Above Average 0.27 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 4.38 km 8.6/10
- Elementary, Secondary
- Traditional Learning Academy
- Above Average 5.37 km 8.4/10
Closest Transit
- Bus Stop
- SFU Transit Exchange @ Bay 4
- 0.31 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
313 8850 University Crescent has a sell-speed score of 59/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 8.7% below comparable active properties in Simon Fraser Univer., which is a strong competitive signal. 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 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).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
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.
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.
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.
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 ServedK-7
|
Catchment InfoIn Catchment
|
7.4 / 10 |
Distance267 m
|
Forest Grove Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.2 / 10 |
Distance1.83 KM
|
Seaview Community School |
Public |
Grades ServedK-5
|
Catchment Info—
|
4.8 / 10 |
Distance2.38 KM
|
Stoney Creek Community Elementary |
Public |
Grades Served—
|
Catchment Info—
|
6.7 / 10 |
Distance2.44 KM
|
Lyndhurst Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
N/A |
Distance2.54 KM
|
Miller Park Community School |
Public |
Grades ServedK-5
|
Catchment Info—
|
6.4 / 10 |
Distance2.75 KM
|
Burnaby Mountain Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
7.1 / 10 |
Distance2.83 KM
|
Ecole Banting Middle |
Public |
Grades Served—
|
Catchment Info—
|
4.1 / 10 |
Distance2.88 KM
|
Ecole Moody Middle |
Public |
Grades Served—
|
Catchment Info—
|
5.1 / 10 |
Distance3.00 KM
|
Pre-computed routes from 313 8850 University Cres, Burnaby, BC
By transit (Skytrain)
-
Downtown Vancouver via Burquitlam → Waterfront64 min
-
Metrotown, Burnaby via Burquitlam → Metrotown59 min
-
SFU Burnaby via Burquitlam → Production Way39 min
-
Richmond Centre via Burquitlam → Brighouse89 min
-
YVR Airport via Burquitlam → YVR-Airport90 min
By car (off-peak)
-
Downtown Vancouver via HWY 1 / Grandview18 min
-
Metrotown, Burnaby via Lougheed Hwy11 min
-
SFU Burnaby via Gaglardi Way4 min
-
Richmond Centre via No. 3 Rd25 min
-
YVR Airport via Bridgeport / Sea Island26 min
Calculate your commute
313 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 (0.31 km). Walk Score Transit rating: Good Transit (55/100).
Walkability & Transit Near 313 8850 University Crescent
Walk Score - Very Walkable
Transit Score - Good Transit
Bike Score - Somewhat Bikeable
Costs & calculators
Monthly cost about $2,784/month · rent estimate $1,988/month · owning catches up with renting by year 16 · cash flow if rented −$946/month
Mortgage Calculator for 313 8850 University Crescent
The estimated monthly cost of 313 8850 University Crescent, Burnaby is $2,784: $2,087 principal and interest with 20% down over 30 years at 4.45%, plus $170 property tax and $527 strata fee.
Investment Cashflow Calculator
If 313 8850 University Crescent, Burnaby were rented at $1,988 a month with 5% vacancy, it would fall $946 a month short of the mortgage and carrying costs; about 57% down would break even.
Estateblock Rent Estimate for 313 8850 University Crescent, Burnaby
Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$562/mo (year 1) → ~$1,307/mo (year 20) → ~$1,949/mo (year 29).
EstateBlock estimates 313 8850 University Crescent, Burnaby would rent for about $1,988 a month.
Rent vs own: 313 8850 University Crescent
Rent vs own
Owning catches up by year 16
With 20% down ($103,600) at 4.45%: renting is cheaper at first, but principal paydown closes the gap
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 313 8850 University Crescent, Burnaby is cheaper at first, but owning catches up by year 16, with $36,929 of principal paid off by year 5 and $83,041 by year 10.
Price vs Neighbourhood Average — Simon Fraser Univer., Burnaby
Based on 29 comparable active apartments/condos in Simon Fraser Univer., the average asking price is $567,317. This listing is priced 8.7% below the neighbourhood average.
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Walkability & Transit Near 313 8850 University Crescent
Walk Score - Very Walkable
Transit Score - Good Transit
Bike Score - Somewhat Bikeable
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