1206 8850 UNIVERSITY CRESCENT
Burnaby, BC V5A0C8
$657,000
Amenities
Also listed: Recreation Centre, Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
- Frontage
- 0 feet
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $527/mo
- Annual property tax
- $2,095 (2025)
Interior
- Heating
- Baseboard heaters
- 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®
- R3105508
- Listed
- March 31, 2026
- Time on market
- On the market for 153 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Nu Stream Realty Inc. · Data source: CREA DDF.
Description
Sophistication at The Peak. Welcome to this well-maintained, upgraded 2-bed, 2-bath smart home. Unlike standard units, this residence features over $20K in premium upgrades and thoughtful design for modern living, with ocean views and stunning sunset scenery.Custom millwork maximizes space with a Murphy bed/sofa system in the primary bedroom and a Murphy bed/desk combo in the second bedroom-ideal for a home office or guest use.Enjoy Hunter Douglas PowerView® automated blinds ($6K value), upgraded laminate flooring throughout (no carpet), and a kitchen hot water faucet-adding a touch of luxury and refined living. Steps to Nesters Market and SFU transit, this home offers one of the most versatile and intelligently designed layouts. Don´t miss out!! (id:63159)
Values & Trends
This listing
$796/sqft
Building average
$739/sqft
4 active listing(s)
Burnaby average
$865/sqft
1019 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Vancouver
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
| School | Type | Distance |
|---|---|---|
| University Highlands Elementary | Elementary | 260 m |
| Ecole Glenayre Elementary | Elementary | 1.7 km |
| Forest Grove Elementary | Elementary | 1.8 km |
| Greater Heights Learning Academy(Independent) | K-12 | 2.0 km |
| Seaview Community School | Elementary | 2.3 km |
| Stoney Creek Community Elementary | Elementary | 2.4 km |
| Lyndhurst Elementary | Elementary | 2.5 km |
| Miller Park Community School | Elementary | 2.7 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
| Stop | Type | Distance |
|---|---|---|
| SFU Transit Exchange @ Bay 4 | — | 308 m |
| SFU Transit Exchange @ Bay 3 | — | 326 m |
| SFU Transit Exchange @ Bay 2 | — | 331 m |
| SFU Transit Exchange @ Bay 1 | — | 337 m |
| Southbound Tower Rd @ University High Street | — | 356 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)
Other Listings in This Building
Other units currently listed in the same building. 1206 8850 UNIVERSITY CRESCENT
$588,800
909 8850 UNIVERSITY CRESCENT, Burnaby
$568/mo maintenance
$568,000
105 8850 UNIVERSITY CRESCENT, Burnaby
$534/mo maintenance
$618,000
418 8850 UNIVERSITY CRESCENT, Burnaby
$534/mo maintenance
$699,900
1308 8850 UNIVERSITY CRESCENT, Burnaby
$506/mo maintenance
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Mortgage & Ownership Cost Calculator
Minimum required: 6.2% ($40,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.