418 8850 University Crescent, Burnaby
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 square 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. (id:1945)
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Property details for 418 8850 University Crescent, Burnaby
- Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 825 square feet
- Heating
- Baseboard heaters, Forced air, Geo Thermal
- Ownership
- Condo/Strata
- Annual Taxes
- $2,042 (2025)
- Condo Fee
- $534 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 418 8850 University Crescent
Active Listings
32
Min Price
$498,500
Max Price
$993,000
Avg Price
$614,144
Days on Market
97
days
Sold Listings
6
Min Sold Price
$499,000
Max Sold Price
$699,000
Avg Sold Price
$585,667
Days until Sold
122
days
Neighbourhood Census Data
Burnaby, British Columbia / Colombie-Britannique
Population
3,499
Median Age
25.7
Median Income
$17,168
Dwelling Value
$420,401
Housing Tenure
Owners 47%
Renters 53%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 425.0/km²
Avg Shelter Cost: $1,505/mo
Owners with Mortgage: 68.8%
Owners Spending 30%+: 31.9%
Tenants Spending 30%+: 79.3%
English only: 89.3%
French only: 0.1%
English and French: 7.2%
Neither: 3.6%
Median Household Income: $29,984
Median Employment Income: $34,119
Price History
Listed
April 9, 2026
by Sutton Group - 1st West Realty
Current Price
$618,000
-4.2% from last change
Type
Apartment
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $618,000 | $26,900 (-4.2%) |
| Jun 8, 2026 | $644,900 | Listed |
