702 8725 University Cres, Burnaby BC - Apartment/Condo for Sale - MLS# R3079830

234 days on the market
$655,000
Est. Mortgage $2,898/mo
Listing updated:
EstateBlock checked:
Cresent Court
2 Beds
2 Baths
940 sqft
697 $ /sqft
503 $ Maint. fee
2022 built
234 days on the market
$655,000
Est. $2,898/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 702 8725 University Crescent

Discover modern West Coast living at Crescent Court by Liberty Homes, perfectly positioned atop Burnaby Mountain in the heart of the SFU community. This expansive 943 sq ft 2-bed, 2-bath residence offers a functional layout with generous living spaces and large windows that capture natural light throughout the day. The home features sleek contemporary finishes, warm laminate flooring, full stainless steel appliance package, and thoughtfully designed cabinetry. Located on the 7th floor, the unit provides a peaceful setting with a private outlook-ideal for both comfortable living and future investment. Enjoy the convenience of one secured parking stall and one storage locker, along with direct access to campus, transit, dining, and everyday amenities just steps away. A perfect opportunity

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove, Microwave
Interior Features Elevator, Storage
Fireplace 0
Heating Type Baseboard, Hot Water, Other
Cooling Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description CITY VIEW
Roof Asphalt, Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $655,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 940
Year Built 2022
Age Of Building 4
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Taxes
Building Name Cresent Court
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $503
Community Features Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Taxes
Parking Type Underground, Guest, Asphalt
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
Units In Development 199

Lot & Land

Lot Size Depth Feet
MLS® # R3079830
Area Burnaby North
Neighbourhood Simon Fraser Univer.
City Burnaby
Postal Code V5A 4Y8
Gross Taxes $2,633.95
Zoning CD

Property Timeline

Status Date Price
R3079830 / Active 01-15-2026 $655,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 11'7 x 11'7 ft
Main Level Kitchen 11'8 x 11'8 ft
Main Level Primary Bedroom 10'8 x 10'8 ft
Main Level Bedroom 9'2 x 9'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #3

Listed by: SRS Panorama Realty & SRS Panorama Realty & SRS Panorama 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
Above Average 0.19 km 7.1/10
Secondary
Burnaby Mountain Secondary School
2.74 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
1.89 km
Elementary, Secondary
Mediated Learning Academy
1.89 km

Closest Transit

Bus Stop
SFU Transit Exchange @ Bay 4
0.25 km
Skytrain
Skytrain @ Burquitlam Station
2.42 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

48 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $586,225
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.42 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
234 DOM
Slower than area
Simon Fraser Univer. avg
43 DOM
Average
Burnaby avg
43 DOM
Faster market

702 8725 University Crescent has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 10.5% 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 may take several weeks to attract serious offers.

Climate Risk for V5A 4Y8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 4Y8, 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 (~5.9 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)

  • Togo sushi · 154 m · Restaurant
  • Uncle fatih's pizza · 154 m · Fast Food
  • Chef hung · 154 m · Restaurant

Cafes (9 nearby)

  • Chaiiwala of london · 155 m · Cafe
  • Tim hortons · 161 m · Cafe
  • Chakura · 242 m · Cafe

Shopping (5 nearby)

  • House of vision · 157 m · Optician
  • Simon fraser university · 200 m · Post Office
  • Nesters market · 203 m · Pharmacy

Groceries (2 nearby)

  • Nesters market · 202 m · Supermarket
  • Bc liquor store · 207 m · Beverages

Gyms (1 nearby)

  • Sfu aquatic centre · 852 m · Gym

Healthcare (1 nearby)

  • Nesters market · 203 m · Healthcare

Transit (1 nearby)

  • Bus stop eastbound barnet rd @ cariboo rd · 993 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

187 m

Forest Grove Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

1.73 KM

Stoney Creek Community Elementary

Public

Grades Served

Catchment Info

6.7 / 10

Distance

2.34 KM

Seaview Community School

Public

Grades Served

K-5

Catchment Info

4.8 / 10

Distance

2.39 KM

Lyndhurst Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

2.46 KM

Miller Park Community School

Public

Grades Served

K-5

Catchment Info

6.4 / 10

Distance

2.70 KM

Burnaby Mountain Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.1 / 10

Distance

2.74 KM

Ecole Banting Middle

Public

Grades Served

Catchment Info

4.1 / 10

Distance

2.83 KM

Ecole Moody Middle

Public

Grades Served

Catchment Info

5.1 / 10

Distance

2.99 KM

Pre-computed routes from 702 8725 University Cres, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Burquitlam → Waterfront
    63 min
  • Metrotown, Burnaby via Burquitlam → Metrotown
    58 min
  • SFU Burnaby via Burquitlam → Production Way
    38 min
  • Richmond Centre via Burquitlam → Brighouse
    88 min
  • YVR Airport via Burquitlam → YVR-Airport
    89 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

702 8725 University Cres, Burnaby, BC is ideally located for commuters. The property is 2.4 km from Burquitlam, with a 63 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is SFU Transit Exchange @ Bay 4 (0.25 km). Walk Score Transit rating: Good Transit (56/100).

Walkability & Transit Near 702 8725 University Crescent

Walk Score Badge
Car-Dependent 75

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 56

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
44

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 702 8725 University Crescent

/month
Principal & Interest
Property Taxes $219
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($131,000), the estimated monthly payment for this listing is $3,224/month — $2,502 principal & interest, $219 property tax, $503 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
At an estimated rental income of $2,325/month, this property runs a $952/month shortfall after mortgage and carrying costs. Break-even requires approximately 51% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 702 8725 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 $655,000
Burnaby Loading...
Simon Fraser Univer. Loading...

Based on 23 comparable active apartments/condos in Simon Fraser Univer., the average asking price is $592,650. This listing is priced 10.5% above 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 Real Estate Board of Greater Vancouver 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 702 8725 University Crescent

Walk Score Badge
Car-Dependent 75

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 56

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
44

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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