Property Type: TownhouseOwnership: Strata

8980 UNIVERSITY CRESCENT

Burnaby, BC V5A4Y8

$799,900

3 bed3 bath2 parking1,365 sqftBuilt 2021
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Amenities

Gym

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$918/mo
Annual property tax
$3,480.87 (2025)

Interior

Heating
Baseboard heaters, Geo Thermal
Fireplace
None

Parking

Total spaces
2 — 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®
R3077226
Listed
January 7, 2026
Time on market
On the market for 236 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group - 1st West Realty · Data source: CREA DDF.

Description

Located on Burnaby Mountain - the highest point in metro Vancouver. This south-facing corner 3 beds + 3 bathrooms townhouse offers a stylish and comfortable living, the 3rd bedroom doesn't have window and could useas home office. The home features elegant wide plank laminate flooring in the main living areas, plush carpeting in the bedrooms, and a thoughtful layout that includes a private patio and a balcony off the primary bedroom - perfect for relaxing or entertaining. Residents enjoy access to premium amenities such as a large shared patio with BBQ, a state-of-the-art gym, and endless trails. 2 parking, a storage locker and a bike locker. Short walking to SFU campus, bus loop, shopping, restaurants, hiking and bike trails. Open house on Sunday Aug 2nd from 2-4 pm. (id:63159)

Values & Trends

This listing

$586/sqft

Building average

No other active listings in this building

Burnaby average

$742/sqft

177 active listing(s)

Parking: 2 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.

Townhouse Market Stats — Burnaby

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

MLS® HPI Benchmark Price

$897,400

Jul 2026

Average Sale Price

$889,311

Jul 2026

Monthly Sales

35

Jul 2026

Active Listings

197

Jul 2026

Sales-to-Active Ratio

18.0%

Jul 2026

Median Days to Contract

14 days

Jul 2026

MLS® HPI Benchmark Price

$1,002,100
$815,000
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

15°C

Clear

Humidity 100%

Wind NW 5 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 ElementaryElementary264 m
Ecole Glenayre ElementaryElementary1.7 km
Forest Grove ElementaryElementary1.8 km
Greater Heights Learning Academy(Independent)K-121.9 km
Seaview Community SchoolElementary2.2 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 4360 m
SFU Transit Exchange @ Bay 3382 m
Southbound Tower Rd @ University High Street384 m
SFU Transit Exchange @ Bay 2387 m
SFU Transit Exchange @ Bay 1394 m

Nearby Places

Restaurants (5+)

  • Togo Sushi289 m
  • Chef Hung292 m
  • Le Doux Ciel · 8982 University High Street351 m
  • Japarrito · 8910 University High Street381 m
  • Plum Garden & Chakura · 8939 Cornerstone Mews383 m

Cafes (5+)

  • Tim Hortons287 m
  • Chaiiwala of London288 m
  • Starbucks · 8910 University High Street385 m
  • Renaissance Coffee · 8888 University Drive East535 m
  • Blenz Coffee719 m

Grocery (1)

  • Nesters Market · 9000 University High Street329 m

Parks (3)

  • Richard Bolton Park · 9388 Tower Road147 m
  • Unnamed480 m
  • AQ Gardens612 m

Pharmacies (1)

  • Nesters Market342 m

Banks & ATMs (3)

  • Scotiabank355 m
  • Bitcoin ATM Localcoin · 8888 University Dr.762 m
  • Scotiabank787 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,920.00
Periodic payment — Principal & Interest (monthly)$4,128.55
Additional monthly expenses (strata, tax, utilities, etc.)$1,275.84
Total monthly cost$5,404.39
Interest paid over 5-yr term$183,402.91
Balance at end of term$575,610.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,728.10

Cash Needed at Closing

Minimum down payment$54,990
Estimated BC PTT$13,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,488

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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