418 8850 University Cres, Burnaby BC - Apartment/Condo for Sale - MLS# R3109517

$644,900
Est. Mortgage $2,853/mo
The Peak By Intergulf
2 Beds
2 Baths
825 sqft
782 $ /sqft
533.53 $ Maint. fee
2019 built
$644,900
Est. $2,853/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 418 8850 University Crescent

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.

Interior Features

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

Exterior Features Playground, Balcony
View Description CITY VIEW
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $644,900
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

Lot & Land

MLS® # R3109517
Area Burnaby North
Neighbourhood Simon Fraser Univer.
City Burnaby
Postal Code V5A 0C8
Gross Taxes $2,041.58
Zoning CD

Property Timeline

Status Date Price
R3109517 / Active 04-08-2026 $644,900
Rooms
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
Bathrooms
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.

Map & Neighbourhood

Public Schools

Elementary
University Highlands Elementary School
Above Average
0.26 km
7.1/10
Secondary
Burnaby Mountain Secondary School
2.84 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Mediated Learning Academy
1.95 km
Elementary, Secondary
Mediated Learning Academy
1.95 km

Closest Transit

Bus Stop
SFU Transit Exchange @ Bay 4
0.32 km
Skytrain
Skytrain @ Burquitlam Station
2.49 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
36.8%
No Certificate/Degree
Below Average
7.4%
Owner Occupied
Average
63%
Employment Rate
Above Average
67.6%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 418 8850 University Crescent

Mortgage Calculator for 418 8850 University Crescent

/month
Principal & Interest
Property Taxes $170
Maintenance fee 0
A 20% down payment of $128,980 on this $644,900 listing yields an estimated mortgage of $2,463/month (30-year fixed, 4%). Total estimated housing cost: $3,167/month, $170 property tax, $534 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $2,409/month in estimated rental income against $3,220/month in mortgage payments, the monthly cashflow is -$811/month. A 47% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Simon Fraser Univer., Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $644,900
Burnaby Loading...
Simon Fraser Univer. Loading...

Based on 37 comparable active apartments/condos in Simon Fraser Univer., the average asking price is $597,258. This listing is priced 8% above the neighbourhood average.

Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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