+17 more photos$618,000
#418 8850 UNIVERSITY CRESCENT, Burnaby, BC
2 bed · 2 bath · 825 sqft
MLS® number: R3109517
Key details
- Property type
- Apartment/Condo
- Beds · baths
- 2 · 2
- Size
- 825 sq ft
- Price per sq ft
- $749
- Strata fee
- $534/mo
- Parking
- 1
- Pets
- With restrictions
- Year built
- 2019
About this condo
Built by trusted developer Intergulf Development Group, Terraces at The Peak offers one of the most compelling investment opportunities in the vibrant SFU community. This south-facing 827 sq ft 2-bedroom + 2-bathroom LOCK-OFF residence features two separate entrances, creating exceptional flexibility for both investors and end users. The thoughtfully designed floorplan can be divided into two self-contained living sections, making it ideal for rental income, multigenerational living, or a mortgage helper setup. One side offers a full 1-bedroom home complete with kitchen, dining, and living area, while the secondary lock-off suite functions as a private 1-bedroom space with its own mini bar fridge and sink counter, perfect for a home office or supplemental income.
Details
- MLS® number
- R3109517
- Property type
- Apartment/Condo
- Bedrooms
- 2
- Bathrooms
- 2
- Interior size
- 825 sqft
- Year built
- 2019
- Building storeys
- 18
- Strata fee
- $534 / month
- Fee per sq ft
- $0.65 / sqft
- Property tax
- $2,042 (2025)
- Ownership
- Leasehold
- Parking
- 1
- Parking details
- Garage Under Building
- Heating
- Baseboard, Forced Air, Geothermal
- Appliances
- Washer/Dryer, Dishwasher, Refrigerator, Stove
- Exterior
- Playground, Balcony
- Building features
- Clubhouse, Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Snow Removal
- Community features
- Shopping Nearby, Pets Allowed With Restrictions
- View
- City view
- Neighbourhood
- Simon Fraser University
- Postal code
- V5A0C8
More details
- Interior Features
- Elevator
- Levels
- One
- Laundry
- In Unit
- Common Walls
- 2+ Common Walls
- Complex / Subdivision
- The Peak By Intergulf
- Area
- Burnaby North
- Garage
- Yes
- Land Lease
- Yes
- Age of Building
- 7 years
- Main Floor Finished Area
- 825 sq ft
- Property Sub-Type
- Apartment/Condo
- Listing Board
- Greater Vancouver
- Listing Brokerage
- Sutton Group - 1st West Realty
- Stories (Unit)
- 1
Nearby
Schools
- University Highlands ElementaryElementary · Public School260 m
- Ecole Glenayre ElementaryElementary · Public School1.7 km
- Forest Grove ElementaryElementary · Public School1.8 km
- Greater Heights Learning AcademyElementary-Secondary · Independent School2.0 km
- Seaview Community SchoolElementary · Public School2.3 km
- Stoney Creek Community ElementaryElementary · Public School2.4 km
- Lyndhurst ElementaryElementary · Public School2.5 km
- Miller Park Community SchoolElementary · Public School2.7 km
- Ecole Banting MiddleMiddle School · Public School2.9 km
- Burnaby Mountain SecondarySecondary · Public School2.9 km
Transit stops
- SFU Transit Exchange @ Bay 4308 m
- SFU Transit Exchange @ Bay 3326 m
- SFU Transit Exchange @ Bay 2331 m
- SFU Transit Exchange @ Bay 1337 m
- Southbound Tower Rd @ University High Street356 m
Nearby places
Restaurants (5+)
- Togo Sushi252 m
- Chef Hung252 m
- Le Doux Ciel303 m
- Japarrito328 m
- Plum Garden & Chakura333 m
Cafes (5+)
- Chaiiwala of London253 m
- Tim Hortons257 m
- Starbucks332 m
- Renaissance Coffee478 m
- Blenz Coffee662 m
Grocery (1)
- Nesters Market299 m
Parks (2)
- Richard Bolton Park158 m
- AQ Gardens555 m
Pharmacies (1)
- Nesters Market301 m
Banks & ATMs (3)
- Scotiabank307 m
- Bitcoin ATM Localcoin707 m
- Scotiabank731 m
Healthcare (1)
- Polycan Health Centre256 m
Nearby places data: © OpenStreetMap contributors. Within about an 800 m walk.
Condo market stats — Burnaby
Monthly figures published by the Fraser Valley Real Estate Board for all Burnaby apartments, not specific to this condo.
MLS® HPI Benchmark Price
$704,600
Jul 2026
Average Sale Price
$660,187
Jul 2026
Monthly Sales
170
Jul 2026
Active Listings
1,097
Jul 2026
Sales-to-Active Ratio
16.0%
Jul 2026
Median Days to Contract
30 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board.
Who lives in Burnaby
Statistics Canada 2021 Census figures for the whole city, not this building or street.
- Population
- 249,125
- Change since 2016
- +7.0%
- People per km²
- 2,751
- Homes
- 107,046
- Median household income
- $83,000
- Median after-tax income
- $73,500
Immigration
50.4% of residents were born outside Canada (123,795 people).
Most common countries of birth, as a share of all residents
- China12.4% · 30,860
- Philippines4.5% · 11,235
- Hong Kong4.4% · 11,010
- Taiwan3.1% · 7,750
- India3.0% · 7,540
- Korea, South2.6% · 6,380
- Viet Nam1.4% · 3,380
- Iran1.3% · 3,210
Languages spoken
Mother tongue, as a share of all residents
- English38.9% · 95,955
- Mandarin12.8% · 31,710
- Yue (Cantonese)11.4% · 28,060
- Korean3.1% · 7,690
- Tagalog (Pilipino, Filipino)2.8% · 7,020
- Spanish2.2% · 5,360
- Punjabi (Panjabi)2.0% · 4,980
- Iranian Persian1.5% · 3,665
- Italian1.4% · 3,380
- Vietnamese1.3% · 3,205
English and French
Knowledge of official languages
- English only88.6%
- English and French4.9%
- French only0.0%
- Neither English nor French6.5%
Sutton Group - 1st West Realty
MLS® number: R3109517
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 assume no responsibility for its accuracy.
Copyright © 2026 Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board and/or Greater Vancouver REALTORS®. All rights reserved.
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