702 - 8940 University Crescent, Simon Fraser Univer., Burnaby – 2 Bed Condo for Sale

$489,000
Active Listed 2 days ago
Key facts
Beds
2
Baths
2
Living area
925 sqft
$ / sqft
Login
Strata fee
$640/mo
Year built
2021
Property tax
$2,302/yr
MLS®
R3159460

Description

Experience elevated living at Terraces at The Peak in SFU’s vibrant UniverCity community. This bright 2-bedroom, 2-bathroom home features an open-concept layout, large windows, south-facing views, quartz countertops, stainless steel appliances, gas cooktop, in-suite laundry, 1 parking and 1 storage locker. Enjoy the spacious approx 130 sqft covered balcony, perfect for relaxing and outdoor enjoyment. BONUS: Rare lock-off suite design offers flexibility for extended family, guests or rental potential. Concrete building with fitness centre, lounge, outdoor terrace, study spaces and children’s play area. Short walk to SFU campus, transit, school, daycare, shops, restaurants, parks and trails. Ideal for homeowners, students and investors.

Building Snapshot — Terraces at The Peak

4 other homes for sale in this building  ·  3 sold here in the last 6 months — see the full picture →

Year Built: 2020
Total Units: 117
Recent Sold Price Range: $589K – $740K
4
Active Listings
$544,475
Avg Ask
$609/sqft
Avg Ask $/sqft
3
Sold (6 mo)
$669,667
Avg Sold

See all suites & sold prices in this building →

Strata ByLaws

svg_pet
Animals
Pets Allowed w/Rest

History

Mortgage & Wealth

Your estimated monthly cost — including strata and taxes — and the equity you could build over 5 years on this $489,000 home. Adjust the two figures below to match your plan.

Monthly Cost
Mortgage payment
Strata / maintenance
Property tax (est.)
Total / month
5-Year Wealth
Down payment
Mortgage paid down (5 yr)
Est. appreciation*
Equity after 5 yrs

*Assumes a conservative 3%/yr appreciation. Estimates only — your rate, term and CMHC costs may vary. Mortgage questions? Call us 604-330-3784

Mortgage Pre-Qualification

About Simon Fraser Univer., Burnaby — Condos Market

Over the past 12 months, 94 condos have sold in Simon Fraser Univer., Burnaby, with properties spending an average of 51 days on market. Sign in to view sold price data.

There are currently 82 other condos for sale in Simon Fraser Univer.. Browse all Simon Fraser Univer. condos for sale.

82
Active Listings
94
Sold (12 Mo)
51
Avg Days on Market

Amenities

Clubhouse Exercise Centre Trash Maintenance Grounds Gas Heat Hot Water Management Recreation Facilities Snow Removal Garden Playground Balcony Elevator Storage In Unit

Features

Washer/Dryer Dishwasher Refrigerator Stove Microwave Fire Sprinkler System

Site Influences

Garden Playground Balcony

Property Information

MLS® # R3159460
Property Type Apartment
Dwelling Type Apartment Unit
Home Style Multi Family,Residential Attached
Kitchens 1
Year Built 2021
Parking Underground,Front Access,Garage Door Opener
Tax $2,302 in 2025
Strata No EPS7239
Postal Code V5A 0E7
Strata Fees $640
Address 702 - 8940 University Crescent
Subarea Simon Fraser Univer.
City Burnaby
Listed By RE/MAX Real Estate Services

Floor Area (sq. ft.)

Main Floor 925
Above 925
Total 925

Building

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
08/25/2026 This Property 2 2 1 $489,000 Login to View 2 0 2021 925 sqft N/A
08/19/2026

408 9319 University Crescent

2 2 1 $499,900 Login to View 8 1 2005 836 sqft N/A
03/03/2026

316 9168 Slopes Mews

2 2 1 $499,900 Login to View 177 1 2016 850 sqft N/A
08/10/2026

310 9877 University Crescent

2 2 1 $499,000 Login to View 17 1 2017 848 sqft N/A
08/06/2026

210 9080 University Crescent

2 2 1 $498,500 Login to View 21 1 2015 802 sqft N/A
08/20/2026

1103 8940 University Crescent

2 2 1 $499,000 Login to View 7 1 2021 886 sqft N/A
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
08/02/2026

108 1675 Augusta Avenue

2 2 1 $698,000 $695,000 (-0.4%) Login to View 2 0 1989 1,590 sqft N/A
07/29/2026

308 8940 University Crescent

2 2 1 $629,000 $589,000 (-6.4%) Login to View 23 1 2021 873 sqft N/A
07/28/2026

317 9888 University Crescent

2 2 1 $599,000 $595,000 (-0.7%) Login to View 74 2 2022 902 sqft N/A
07/24/2026

210 9150 University High Street

1 1 1 $378,800 $370,000 (-2.3%) Login to View 52 1 2013 633 sqft N/A
07/19/2026

502 9168 Slopes Mews

2 2 1 $499,900 $512,000 (2.4%) Login to View 27 1 2016 969 sqft N/A
07/01/2026

904 9288 University Crescent

2 2 1 $670,000 $625,000 (-6.7%) Login to View 29 1 2004 1,054 sqft N/A
06/13/2026

309 9877 University Crescent

2 2 1 $499,000 $498,500 (-0.1%) Login to View 40 1 2017 860 sqft N/A
05/28/2026

632 9009 Cornerstone Mews

1 1 1 $368,800 $350,000 (-5.1%) Login to View 27 5 2008 430 sqft N/A
03/10/2026

501 9009 Cornerstone Mews

1 1 1 $380,000 $361,000 (-5.0%) Login to View 155 1 2009 425 sqft 425 sqft
02/28/2026

321 9339 University Crescent

1 1 1 $439,000 $432,500 (-1.5%) Login to View 150 1 2004 705 sqft N/A
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
1 day ago

32 9229 University Crescent

2 2 1 $639,000 Login to View 1 0 2006 1,108 sqft N/A
2 days ago

401 8725 University Crescent

2 2 1 $569,000 Login to View 2 1 2022 807 sqft N/A
2 days ago

214 9888 University Crescent

1 1 1 $498,000 Login to View 3 1 2022 617 sqft N/A
3 days ago

601 9888 University Crescent

2 1 1 $590,000 Login to View 3 5 2022 840 sqft N/A
3 days ago

110 9025 Highland Court

1 1 0 $394,800 Login to View 3 1 2013 568 sqft N/A
6 days ago

1103 8940 University Crescent

2 2 1 $499,000 Login to View 7 1 2021 886 sqft N/A
6 days ago

516 9319 University Crescent

2 2 1 $538,000 Login to View 7 1 2005 1,000 sqft N/A
1 week ago

1146 Yorston Court

6 4 2 $2,148,888 Login to View 7 3 2026 2,889 sqft 7,455 sqft
1 week ago

408 9319 University Crescent

2 2 1 $499,900 Login to View 8 1 2005 836 sqft N/A
1 week ago

635 9009 Cornerstone Mews

1 1 1 $389,900 Login to View 8 1 2009 439 sqft N/A
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
1 day ago

3903 2108 Gilmore Avenue

2 2 1 $779,000 Login to View 1 39 2024 713 sqft N/A
1 day ago

317 7579 16th Street

2 2 1 $738,000 Login to View 1 1 2022 854 sqft N/A
4 hours ago

3207 2388 Madison Avenue

2 2 1 $764,900 Login to View 2 1 2020 877 sqft N/A
22 hours ago

801 6087 Wilson Avenue

2 2 1 $925,900 Login to View 2 1 2026 886 sqft N/A
1 day ago

1301 2311 Beta Avenue

2 2 1 $599,000 Login to View 2 1 2021 757 sqft N/A
1 day ago

2404 6608 Sussex Avenue

2 2 1 $899,900 Login to View 2 1 2026 758 sqft N/A
2 days ago

4106 4650 Brentwood Boulevard

2 2 1 $639,000 Login to View 2 1 2021 721 sqft N/A
2 days ago

3008 4730 Lougheed Highway

2 2 0 $775,000 Login to View 2 1 2022 736 sqft N/A
2 days ago

2105 5333 Goring Street

2 2 1 $838,000 Login to View 2 32 2021 876 sqft N/A
2 days ago

1405 5333 Goring Street

2 2 1 $818,000 Login to View 2 32 2021 876 sqft N/A

Condo for Sale in Simon Fraser Univer., Burnaby

Condo for sale in Simon Fraser Univer., Burnaby — listed at $489,000. This 2 bedroom, 2 bathroom condo offers 925 sq ft of living space ($529/sq ft) and was built in 2021. Home style: Multi Family,residential Attached. Parking: Underground,Front Access,Garage Door Opener. Outdoor: Garden, Playground, Balcony. Building amenities include Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Gas, Heat. Property features include Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Fire Sprinkler System. Strata bylaws: Dogs Ok, Number Limit (two), Pets Allowed W/rest. Monthly strata fees are $640. Annual property taxes: $2,302 (2025). Listed by RE/MAX Real Estate Services — MLS® #R3159460. Located in Terraces at The Peak in Simon Fraser Univer., Burnaby.

Frequently Asked Questions About 702 - 8940 University Crescent

Common questions buyers ask about this listing:

What year was this home built in?

702 - 8940 University Crescent, Burnaby, V5A 0E7 was built in 2021.

How long has this property been listed for?

702 - 8940 University Crescent, Burnaby, V5A 0E7 was listed on 08/25/2026 by RE/MAX Real Estate Services.

Is there a basement in this home?

None.

What is the listing price of this condo?

The listing price of 702 - 8940 University Crescent, Burnaby, V5A 0E7 is $489,000.

How many bedrooms does this condo have?

702 - 8940 University Crescent, Burnaby, V5A 0E7 is a 2 bedroom, 2 bathroom condo with 925 sq ft of living space.

What is the square footage of this condo?

702 - 8940 University Crescent, Burnaby, V5A 0E7 has 925 sq ft of living space.

What are the strata fees at this condo?

The monthly strata (maintenance) fees at 702 - 8940 University Crescent, Burnaby, V5A 0E7 are $640.

Are pets allowed at this condo?

Pets are allowed at 702 - 8940 University Crescent, Burnaby, V5A 0E7.

What is the MLS® number for this condo?

The MLS® number for 702 - 8940 University Crescent, Burnaby, V5A 0E7 is R3159460.

What neighbourhood is this condo in?

702 - 8940 University Crescent, Burnaby, V5A 0E7 is located in the Simon Fraser Univer. neighbourhood of Burnaby, BC.

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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of BC Condos & Homes - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC

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