Home Burnaby, BC Simon Fraser Univer. The Peak 513 8850 University Crescent

513 8850 University Cres, Burnaby BC – Condo for Sale – MLS® R3177286

513 8850 University Crescent, Burnaby, British Columbia V5A 0C8

Burnaby Condos for Sale

6 days on the market

$599,000

Est. Mortgage $2,650/mo

Listing updated: Oct 21, 2026 at 12:52am

EstateBlock checked: Oct 21, 2026 at 12:45am

2 Beds

2 Baths

825 sqft

726 $ /sqft

519.85 $ Maint. fee

2019 built

Photos

Exterior photo of 513 8850 University Cres, Burnaby, BC – MLS® R3177286

Exterior Rear Photo of 513 8850 University Crescent, Burnaby, BC

Living Room Photo of 513 8850 University Crescent, Burnaby, BC

Family Room Photo of 513 8850 University Crescent, Burnaby, BC

Dining Area Photo of 513 8850 University Crescent, Burnaby, BC

Kitchen Photo of 513 8850 University Crescent, Burnaby, BC

Kitchen Island Photo of 513 8850 University Crescent, Burnaby, BC

RARE FIND AT THE PEAK – LIVE IN ONE, RENT OUT THE OTHER! Discover this versatile lock-off home in SFU’s sought-after UniverCity, featuring two separate living spaces, a Den ideal for a home office, a gas cooktop, and stainless steel appliances. The true showstopper? 930 SQ. FT. OF PRIVATE OUTDOOR SPACE with gas, water, and electrical hookups—perfect for BBQs and gardening! Walk to SFU, schools, childcare, shops, restaurants, and transit. Ideal for homeowners, investors, or multi-generational living. Enjoy the flexibility. Unlock the income potential. Book your showing today!

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Finished
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator
Fireplace	0
Heating Type	Baseboard, Electric
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate, Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony, Private Yard
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$599,000
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	5
Building Amenities	Exercise Centre, Sauna/Steam Room, Caretaker, Maintenance Grounds, Gas, Hot Water, Sewer, Snow Removal, Water
Ownership Type	Leasehold not prepaid-Strata
Maintenance Fee	$519.85
Community Features	Shopping Nearby
Amenities Nearby	Exercise Centre, Sauna/Steam Room, Caretaker, Maintenance Grounds, Gas, Hot Water, Sewer, Snow Removal, Water
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Detached, Guest, Front Access, Concrete
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions
Rental Suites	Legal Suite
Units In Development	186

Lot & Land

MLS^® #	R3177286
Area	Burnaby North
Neighbourhood	Simon Fraser Univer.
City	Burnaby
Postal Code	V5A 0C8
Gross Taxes	$2,182.47
Zoning	CD

Property Timeline

Status	Date	Price
R3177286 / Active	10-15-2026	$599,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13' x 13' ft
Main Level	Dining Room	12' x 12' ft
Main Level	Kitchen	9'3 x 9'3 ft
Main Level	Bedroom	10'2 x 10'2 ft
Main Level	Bedroom	9'7 x 9'7 ft
Main Level	Den	6'6 x 6'6 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Main Level	No	#3

Listed by: Royal Pacific Realty (Kingsway) 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: $584K
Median $/sqft: $705
Days on market: 86
Sold, past year: 6

This home

$726/sqft, 3% above the building median of $705.

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.

Homes for sale at The Peak, Burnaby Recent sold listings in The Peak, Burnaby

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map & Neighbourhood

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

51 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $564,258

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

6 DOM

Very fast

Simon Fraser Univer. avg

41 DOM

Average

Burnaby avg

41 DOM

Slower market

513 8850 University Crescent has a sell-speed score of 51/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5.8% 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 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.

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

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 513 8850 University Cres, Burnaby, BC

513 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

513 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 (56/100).

Walkability & Transit Near 513 8850 University Crescent

Car-Dependent 73

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 56

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 45

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 513 8850 University Crescent

/month

Principal & Interest

Property Taxes $182

Maintenance fee 519.85

With a 20% down payment, buyers can expect an estimated $2,990/month in total housing costs on this $599,000 property — $2,288 mortgage payment, $182 property tax, $520 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.

Investment Cashflow Calculator

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Estimated rental income of $3,323/month exceeds carrying costs by $274/month, making this an income-positive property at 20% down.

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

Estateblock Rent Estimate for 513 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.