313 8850 University Cres, Burnaby BC V5A 0C8 – Condo for Sale – MLS® R3183338

313 8850 University Crescent, Burnaby, British Columbia V5A 0C8

Today on the market
$518,000
Est. monthly cost $2,784/mo
Updated with MLS® -
2 Beds
2 Baths
827 sqft
626 $ /sqft
526.69 $ Maint. fee
2019 built
NEW
Today on the market
$518,000
Est. $2,784/mo with 20% down
Updated with MLS® -

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
This home

$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

59 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $567,317
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
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
0 DOM
Very fast
Simon Fraser Univer. avg
41 DOM
Average
Burnaby avg
41 DOM
Slower market

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).

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

267 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

2.38 KM

Stoney Creek Community Elementary

Public

Grades Served

—

Catchment Info

—
6.7 / 10

Distance

2.44 KM

Lyndhurst Elementary School

Public

Grades Served

K-7

Catchment Info

—
N/A

Distance

2.54 KM

Miller Park Community School

Public

Grades Served

K-5

Catchment Info

—
6.4 / 10

Distance

2.75 KM

Burnaby Mountain Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.1 / 10

Distance

2.83 KM

Ecole Banting Middle

Public

Grades Served

—

Catchment Info

—
4.1 / 10

Distance

2.88 KM

Ecole Moody Middle

Public

Grades Served

—

Catchment Info

—
5.1 / 10

Distance

3.00 KM

Pre-computed routes from 313 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

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 Badge
Very Walkable 71

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Good Transit 55

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat Bikeable 43

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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

30-year fixed
$2,784 /month
Principal & Interest $2,087
Property Taxes $170
Maintenance fee $527

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.

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

−$946 /month
Mortgage Payment $2,087
Monthly Cash Flow −$946
Break Even Down Payment 57%
Cap Rate -2.2%
Cash on Cash -11.0%

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.

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

Estateblock Rent Estimate for 313 8850 University Crescent, Burnaby

$1,988 / month
Rent $1,988
Own $2,784
Principal: $671/mo Interest, tax, insurance, fees: $2,113/mo

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).

Net cost to own at year 5 ~$2,113/mo About $125/mo more than renting

EstateBlock estimates 313 8850 University Crescent, Burnaby would rent for about $1,988 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: 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

Principal paid off by year 5 $36,929
Principal paid off by year 10 $83,041

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

Beds Home Types Square Feet Lot Size Year Built
This Home $518,000
Burnaby Loading...
Simon Fraser Univer. Loading...

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.

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 Greater Vancouver REALTORS® 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 313 8850 University Crescent

Walk Score Badge
Very Walkable 71

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Good 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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