Property Type: Condo / ApartmentOwnership: Strata

105 8850 UNIVERSITY CRESCENT

Burnaby, BC V5A0C8

$568,000

2 bed2 bath1 parking837 sqftBuilt 2019
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$534/mo
Annual property tax
$2,092.21 (2025)

Interior

Heating
Baseboard heaters, Geo Thermal
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3133253
Listed
June 8, 2026
Time on market
On the market for 84 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Magsen Realty Inc. · Data source: CREA DDF.

Description

Welcome to The Peak at SFU, a vibrant community on Burnaby Mountain. This well-designed 2 bedroom, 2 bathroom home offers 837 square ft of functional living with an open layout and great bedroom separation for privacy. Assessment valued $681,000. The modern kitchen features quartz countertops and stainless steel appliances, while large windows bring in natural light. Perfect for students, professionals, or small families. Enjoy excellent amenities including a rooftop terrace with stunning views, fitness centre, lounge, and study areas. Steps to SFU campus, transit, Nesters Market, cafes, and scenic trails. A perfect blend of convenience, comfort, and community living. (id:63159)

Values & Trends

This listing

$679/sqft

Building average

$768/sqft

4 active listing(s)

Burnaby average

$865/sqft

1019 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Burnaby

Monthly figures from the Fraser Valley Real Estate Board for Burnaby apartmentlistings — not specific to this property.

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

$805,900
$700,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

249,125

(2021 Census)

+7% since 2016

Density: 2,750.6/km²

Dwellings: 107,046

Median household income: $83,000

After-tax: $73,500

Immigrant population: 50.4%

Top countries of origin (% of total population)

  • China12.4% · 30,860
  • Philippines4.5% · 11,235
  • Hong Kong4.4% · 11,010
  • Taiwan3.1% · 7,750
  • India3% · 7,540
  • Korea, South2.6% · 6,380
  • Viet Nam1.4% · 3,380
  • Iran1.3% · 3,210

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

48

6/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
University Highlands ElementaryElementary260 m
Ecole Glenayre ElementaryElementary1.7 km
Forest Grove ElementaryElementary1.8 km
Greater Heights Learning Academy(Independent)K-122.0 km
Seaview Community SchoolElementary2.3 km
Stoney Creek Community ElementaryElementary2.4 km
Lyndhurst ElementaryElementary2.5 km
Miller Park Community SchoolElementary2.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
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 Ciel · 8982 University High Street303 m
  • Japarrito · 8910 University High Street328 m
  • Plum Garden & Chakura · 8939 Cornerstone Mews333 m

Cafes (5+)

  • Chaiiwala of London253 m
  • Tim Hortons257 m
  • Starbucks · 8910 University High Street332 m
  • Renaissance Coffee · 8888 University Drive East478 m
  • Blenz Coffee662 m

Grocery (1)

  • Nesters Market · 9000 University High Street299 m

Parks (3)

  • Richard Bolton Park · 9388 Tower Road158 m
  • Unnamed476 m
  • AQ Gardens555 m

Pharmacies (1)

  • Nesters Market301 m

Banks & ATMs (3)

  • Scotiabank307 m
  • Bitcoin ATM Localcoin · 8888 University Dr.707 m
  • Scotiabank731 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 5.6% ($31,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$454,400.00
Periodic payment — Principal & Interest (monthly)$2,931.63
Additional monthly expenses (strata, tax, utilities, etc.)$749.88
Total monthly cost$3,681.52
Interest paid over 5-yr term$130,232.35
Balance at end of term$408,734.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$31,800
Stress test qualifying rate8.09%
Payment you must qualify for$4,123.19

Cash Needed at Closing

Minimum down payment$31,800
Estimated BC PTT$9,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,660

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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