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702 8940 UNIVERSITY CRESCENT

Address
702 8940 UNIVERSITY CRESCENT, Burnaby BC V5A 0E7
List Price
$599,000
Est. $2,801/month
Beds
2
Baths
1
Sq Ft
925
Type
Apartment/Condo
Structure
Multi Family, Residential Attached
Year Built
2021
Size
925 sqft
Parking
1 parking spot
Stories
Taxes
$2,301.8 /yr (2025)
Strata
$640.45/mo
Pets
Dogs OK, Number Limit (Two), Yes With Restrictions
Status
For Sale
MLS®#
R3127039
Walk Score
71
Added
Updated
Listed By
RE/MAX Real Estate Services
MLS RECIPROCITY

Property Description

Experience elevated living at Terraces at The Peak by Intergulf Development Group in SFU’s vibrant UniverCity community. This bright 2-bedroom, 2-bathroom home features a functional open-concept layout, large windows, south-facing views, quartz countertops, stainless steel appliances, gas cooktop, covered balcony, in-suite laundry, 1 parking, and 1 storage locker. BONUS: Rare lock-off suite design offering flexibility to rent out part or all of the home. Concrete building with fitness centre, lounge, outdoor terrace, study spaces, and children’s play area. Short walk to SFU campus, bus loop, elementary school, daycare, shops, restaurants, parks, and trails. Excellent opportunity for both homeowners and investors.

This Apartment/Condo home located at 8940 University Crescent, Burnaby is currently for sale and has been available on Strawhomes.com for 8 days. This property is listed at $599,000 with an estimated mortgage of $2,801* per month. It has 2 beds, 1 bathroom, and is 925 square feet. The property was built in 2021. 702 8940 University Crescent, Burnaby BC V5A 0E7 is in the Simon Fraser Univer. Condos neighbourhood Burnaby. Forest Hills BN, Oakdale and Simon Fraser Hills are nearby neighborhoods.

Facts & Features

Property

Area Minor
Simon Fraser Univer.
Postal Code
V5A 0E7
Property Sub Type
Apartment/Condo
Year Built
2,021
Size (Interior)
925 sqft
Building Area Total
925 sqft
Area Major
Burnaby North
Property Type
Residential
Status
Active
Last Modified
2026-05-27

Inside

Bathrooms
1
Main Level Bathrooms
Laundry Features
In Unit
Flooring
Laminate, Other, Carpet
Rooms
Above Grade Finished Area
Below Grade Finished Area
Kitchen Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Bedrooms
2
Interior Features
Elevator, Storage

Building

Roof
Other
Floor Area Below Grade
Heating
Baseboard
Foundation
Concrete Perimeter
Structure
Multi Family, Residential Attached
Security Features
Fire Sprinkler System
Common Walls
2+ Common Walls
Construction
Concrete, Concrete (Exterior), Glass (Exterior)
Exterior Features
Garden, Playground, Balcony

Parking

Parking Space (A)
1
Parking Features
Underground, Front Access, Garage Door Opener
Garage
Yes

Fees

Taxes
$2,301.8
Tax Year
2,025
Maintenance Fee
$640.45/month
Common Elements Included
Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal

Utilities

Utilities
Electricity Connected
Sewer
Public Sewer
Water Source
Public

Highlights

Building Amenities
Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal

Listing Details

MLS® Number
R3127039
Ownership
Leasehold prepaid-Strata
Age
5 years
Main Floor Finished Area
925 sqft
Listing Source
GVR – FVREB – CADREB – BCNREB – Resi
Pets Allowed
Dogs OK, Number Limit (Two), Yes With Restrictions

Additional Property Details

Above Grade Finished Area
Below Grade Finished Area
Basement Finished Area
Main Floor Finished Area
Main Level Bathrooms
Age of Building
Legal Description
Distance to Transit
Rentals Allowed
Management Company
Restrictions
Age Restriction
Fireplace Features
Patio & Porch
Fencing
Covered Parking Places

Rooms

lockSign in to view room details

Sold History

Listing records and last sold date for 702 8940 UNIVERSITY CRESCENT, Burnaby BC V5A 0E7, Burnaby

Selling

MLS® #DateEventPrice
XXXXXXXXXXXxx XX, XXXXListed
XXXXXXXXXXXxx XX, XXXXXxxxxxx$X,XXX,XXX
Xxx XX, XXXXXxxxxx$X,XXX,XXX
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Location

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About: 702 702 8940 UNIVERSITY CRESCENT, Burnaby BC V5A 0E7, Burnaby

If this apartment/condo doesn't check all the boxes for your dream home, view the other 1,990 condominiums in Burnaby.

This leasehold apartment/condo was built in 2021 and is currently listed at $648 per square foot. Monthly strata fees for this unit are $640.45. The property offers 1 parking space, a garage. Annual property taxes were assessed at $2,302 in 2025.

The address of 702 702 8940 UNIVERSITY CRESCENT, Burnaby BC V5A 0E7, unit number 702, is situated in Burnaby, British Columbia. It is located within the Simon Fraser Univer. neighborhood of the city.

Other communities nearby are Forest Hills BN, Simon Fraser Hills and Oakdale. University has 62 homes currently on the market, while the district of Simon Fraser Univer. has 109 postings on the market. This represents approximately 5.5% of the total 1,990 properties listed for sale in Burnaby. In Simon Fraser Univer., the average asking price for a apartment/condo is $805,148, which translates to an estimated monthly mortgage payment of $3,765.* Notably, this is 0.6 times the average list price of $1,288,071 for a similar apartment/condo in the city of Burnaby.

The average Simon Fraser Univer. listed apartments/condo is 1,153 sq ft, has 2 beds, and 2 baths.

The majority of properties for sale in the community around 702 702 8940 UNIVERSITY CRESCENT, Burnaby BC V5A 0E7 are apartments/condos, not detached houses.

The monthly payments provided are an approximation calculated for a mortgage loan with a down payment of 20% @ 5% interest rate over a 5-year mortgage term.

MLS®#: R3127039 · $599,000 · 2 bedroom apartment/condo in Simon Fraser Univer. Burnaby.

FAQs About 702-8940 University Crescent, Burnaby

What is the square footage of this condo?
702-8940 University Crescent, MLS® R3127039 has a size of 925 sqft. This is above the average square footage for condo in the Simon Fraser Univer. neighbourhood, which is 802 sqft.
What are nearby schools to 702-8940 University Crescent, Burnaby?
Nearby secondary schools include Burnaby Mountain, Burnaby North and Cariboo Hill. Nearby elementary schools include University Highlands, Forest Grove and Cameron.
How many bedrooms and bathrooms does this home have?
There are 2 bedrooms and 1 bathroom in this condo at 702-8940 University Crescent, MLS® R3127039.
Does this condo have parking available?
Yes, there is parking available for the condo at 702-8940 University Crescent with 1 spot.
What are annual taxes for 702-8940 University Crescent, Burnaby, BC?
Annual taxes for this home are estimated at $2,302 per year based on 2025 tax year reports.
Is 702-8940 University Crescent, Burnaby, walkable?
With a Walk Score™ of 71, this home is considered very walkable with many errands that can be accomplished by foot and close transit options.
How does 702-8940 University Crescent compare to other homes selling in Simon Fraser Univer., Burnaby?
This home is listed at 5.1% above average condo prices for Simon Fraser Univer. and has been on the market for 38 days fewer than the typical home in that neighbourhood.
What building is this condo a part of?
8940 University Crescent Unit 702 is part of the building 8940 University Crescent and other units for sale include unit 103 and unit 207.