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$388,000

201 8940 UNIVERSITY CRESCENT

Burnaby · MLS® R3166987

1 bath · 589 sq ft · 1 parking

Condo · Single Family · built 2021 · 19 days on market

Listed by Vince Chan, RE/MAX Crest Realty

MODERN LIVING AT SFU! Welcome to Terraces at The Peak, a newer community in UniverCity on Burnaby Mountain. This well designed studio offers a peaceful outlook onto lush greenery, creating a private and serene setting. Enjoy excellent indoor and outdoor amenities including a well-equipped gym, landscaped courtyard, outdoor lounge, yoga/meditation space and gathering areas. Just a 5-10 min walk to Simon Fraser University, with Nesters Market, cafes, restaurants, shops, parks and trails nearby. An ideal opportunity for students, investors or those seeking a quiet home surrounded by nature, while staying connected to campus conveniences. Includes 1 parking stall, 1 locker AND 1 bike locker.

Type: Condo, Single Family
Bathrooms: 1
Living area: 589 sq ft
Parking: 1
Year built: 2021
Property tax: $1,545 / yr
Strata fee: $416 / mo
Days on market: 19
MLS®: R3166987

Below typical for the area (-24%)

Price per sq ft: $659 vs $868 median for condos in Burnaby for sale (984)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Elevator
Rentals Allowed With Restrictions
All

On market 19 days

$2,235/mo

Mortgage $1,690 · Tax $129 · Strata $416

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$1,690/ monthly

loan $310,400

25-year amortization

down payment20% · $77,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $196,744
property transfer tax: $5,760; BC general rate
cash to close: $83,360; down + PTT
total paid: $507,144

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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