$644,900
By car (off-peak)
Sold
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.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Elevator |
| Fireplace | 0 |
| Heating Type | Baseboard, Forced Air, Geothermal |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Laminate, Tile, Carpet |
| Foundation | Concrete Perimeter |
| Exterior Features | Playground, Balcony |
|---|---|
| View Description | CITY VIEW |
| Roof | Other |
| Structures | Multi Family, Residential Attached |
| Price | $618,000 |
|---|---|
| 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 | 1 |
| Building Amenities | Clubhouse, Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Snow Removal |
| Building Name | The Peak By Intergulf |
| Ownership Type | Leasehold prepaid-Strata |
| Maintenance Fee | $533.53 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Clubhouse, Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Snow Removal |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Under Building |
| 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 |
| MLS® # | R3109517 |
|---|---|
| Area | Burnaby North |
| Neighbourhood | Simon Fraser Univer. |
| City | Burnaby |
| Postal Code | V5A 0C8 |
| Gross Taxes | $2,041.58 |
| Zoning | CD |
| 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 | 9'7 x 9'7 ft |
| Main Level | Primary Bedroom | 10'2 x 10'2 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | Yes | #3 |
Listed by: Sutton Group - 1st West Realty & Sutton Group - 1st West 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
418 8850 University Crescent has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 19.3% above comparable active properties in Simon Fraser Univer.. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
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).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
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.
Burnaby currently sees ~1 days 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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
418 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 (0.32 km). Walk Score Transit rating: Good Transit (55/100).
Based on 31 comparable active apartments/condos in Simon Fraser Univer., the average asking price is $591,508. This listing is priced 4.5% above the neighbourhood average.
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