Home Burnaby, BC Simon Fraser Univer. Terraces At The Peak 709 8940 University Crescent

709 8940 University Cres, Burnaby BC - Apartment/Condo for Sale - MLS# R3016965

Verified Account Required $●●●,●●●

Listing updated: Aug 29, 2025 at 02:34am

EstateBlock checked: Sep 29, 2026 at 06:45am

2 Beds

2 Baths

961 sqft

727 $ /sqft

658.72 $ Maint. fee

2021 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Aug 29, 2025 at 02:34am

EstateBlock checked: Sep 29, 2026 at 06:45am

Photo

Street view of 709 8940 University Crescent

VERIFIED ACCOUNT REQUIRED

Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
University Highlands Elementary School: Above Average 0.26 km 7.1/10
Secondary
Burnaby Mountain Secondary School: 2.85 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: 1.92 km
Elementary, Secondary
Mediated Learning Academy: 1.92 km

Closest Transit

Bus Stop
SFU Transit Exchange @ Bay 4: 0.38 km
Skytrain
Skytrain @ Burquitlam Station: 2.46 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

54 / 100

Overall sell-speed score

Moderate pace expected

—

Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.46 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

72 DOM

Slower than area

Simon Fraser Univer. avg

41 DOM

Average

Burnaby avg

41 DOM

Faster market

709 8940 University Crescent has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. 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 0E7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 0E7, 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)

Togo sushi · 283 m · Restaurant
Uncle fatih's pizza · 284 m · Fast Food
Chef hung · 286 m · Restaurant

Cafes (9 nearby)

Tim hortons · 279 m · Cafe
Chaiiwala of london · 281 m · Cafe
Chakura · 376 m · Cafe

Shopping (5 nearby)

House of vision · 279 m · Optician
Simon fraser university · 321 m · Post Office
Nesters market · 336 m · Pharmacy

Groceries (2 nearby)

Nesters market · 321 m · Supermarket
Bc liquor store · 342 m · Beverages

Gyms (1 nearby)

Sfu aquatic centre · 938 m · Gym

Healthcare (1 nearby)

Nesters market · 336 m · Healthcare

Transit (1 nearby)

Bus stop westbound barnet rd @ cariboo rd · 967 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 262 m
Forest Grove Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.87 KM
Seaview Community School	Public	Grades Served K-5	Catchment Info —	4.8 / 10	Distance 2.31 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 —	0	Distance 2.53 KM
Miller Park Community School	Public	Grades Served K-5	Catchment Info —	6.4 / 10	Distance 2.70 KM
Ecole Banting Middle	Public	Grades Served —	Catchment Info —	4.1 / 10	Distance 2.83 KM
Burnaby Mountain Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.1 / 10	Distance 2.85 KM
Ecole Moody Middle	Public	Grades Served —	Catchment Info —	5.1 / 10	Distance 2.93 KM

Pre-computed routes from 709 8940 University Cres, Burnaby, BC

709 8940 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

709 8940 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 (0.38 km).

Mortgage Calculator for 709 8940 University Crescent

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $194

Maintenance fee 658.72

With a 20% down payment, buyers can expect an estimated $3,523/month in total housing costs on this $699,000 property — $2,670 mortgage payment, $194 property tax, $659 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: Aug 29, 2025

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 $2,481/month estimated rent and $3,580/month in total housing costs, this property has a -$1,098/month cashflow. Break-even down payment: approximately 53%.

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

Estateblock Rent Estimate for 709 8940 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.

Call or Text Now!

Dan Marusin

Renanza Realty

778-918-5990

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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

out of $5,044

0 of 21 missions

$252 / 5.00%

Buy with us & save on this property

More Listings in This Building

$398,000

201 8940 University Crescent, Burnaby, BC

MLS^® R3166987, RE/MAX Crest Realty & Real Broker

$609,900

709 8940 University Cres, Burnaby BC - Apartment/Condo for Sale - MLS# R3016965

Photo

VERIFIED ACCOUNT REQUIRED

Map & Neighbourhood

Sell Speed & Competition

Climate Risk for V5A 0E7

Nearby Restaurants, Cafes & Shops

Restaurants (22 nearby)

Cafes (9 nearby)

Shopping (5 nearby)

Groceries (2 nearby)

Gyms (1 nearby)

Healthcare (1 nearby)

Transit (1 nearby)

Schools NearBy

University Highlands Elementary School

Grades Served

Catchment Info

Distance

Forest Grove Elementary School

Grades Served

Catchment Info

Distance

Seaview Community School

Grades Served

Catchment Info

Distance

Stoney Creek Community Elementary

Grades Served

Catchment Info

Distance

Lyndhurst Elementary School

Grades Served

Catchment Info

Distance

Miller Park Community School

Grades Served

Catchment Info

Distance

Ecole Banting Middle

Grades Served

Catchment Info

Distance

Burnaby Mountain Secondary School

Grades Served

Catchment Info

Distance

Ecole Moody Middle

Grades Served

Catchment Info

Distance

Pre-computed routes from 709 8940 University Cres, Burnaby, BC

By transit (Skytrain)

By car (off-peak)

Mortgage Calculator for 709 8940 University Crescent

Investment Cashflow Calculator

Estateblock Rent Estimate for 709 8940 University Crescent, Burnaby

Price vs Neighbourhood Average — Simon Fraser Univer., Burnaby

Call or Text Now!

Earn Cashback on Your Purchase

More Listings in This Building

201 8940 University Crescent, Burnaby, BC

104 8940 University Crescent, Burnaby, BC

103 8940 University Crescent, Burnaby, BC

105 8940 University Crescent, Burnaby, BC

1103 8940 University Crescent, Burnaby, BC

902 8940 University Crescent, Burnaby, BC

Similar Condos for Sale in Simon Fraser Univer.

Recently Sold Homes Near 709 8940 University Crescent

408 9350 University High Street, Burnaby, BC

219 3606 Aldercrest Drive, North Vancouver, BC

609 3594 Malsum Drive, North Vancouver, BC

405 8750 University Crescent, Burnaby, BC

102 3594 Malsum Drive, North Vancouver, BC

1102 9188 University Crescent, Burnaby, BC