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Building & Condo Information

TERRACES AT THE PEAK

8940 University Cres.

Burnaby, BC V5A 4Y8

Levels1
Suites117
StatusCompleted
Built2021
Title to LandLeasehold Prepaid-strata
Strata PlanEPS7239
ConstructionConcrete
AreaBurnaby North
NeighbourhoodSimon Fraser Univer.

$637,800Avg Asking

3Sold (1yr)

$660,000Avg Sold

$704Avg $/Sqft

View all 6 active listings » Contact Our Team Now!

📞 Call Les Twarog: 604.671.7000

Overview

Welcome to Terraces At The Peak. Terraces At The Peak is a 117-home strata residence located at 8940 University Crescent in Burnaby, in the Simon Fraser Univer. neighbourhood. Completed in 2021, it is registered under Strata Plan EPS7239 and held as Leasehold Prepaid-Strata. It sits near the intersection of University Crescent & East Campus Road.

Residents enjoy an array of amenities including bike room, club house, elevator, exercise centre, in-suite laundry and storage, garage underground parking and baseboard / hot water heating.

Set in Simon Fraser Univer., Burnaby, Terraces At The Peak offers a central location, recreation and shopping nearby. Explore floor plans, prices, availability, MLS listings and full building details on BCCondos.net.

🔍 1 photo · slideshow

TERRACES AT THE PEAK

📞 604.671.7000 Contact

Les Twarog & Team

RE/MAX Crest Realty · Your TERRACES AT THE PEAK specialist

Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

📞 604.671.7000 ✉️ Email 💬 Text

For Sale in TERRACES AT THE PEAK & Complex

Date	Address	Status	Bed	Bath	Price	Sqft	Strata Fee	Tax	Listed By
2026-01-07	8980 University Cres.	Active	3	3	$799,900 ($586/sf)	1365	$918	$3481 (2025)	Sutton Group - 1st West Realty
2026-07-06	308 8940 University Cres.	Active	2	2	$629,000 ($721/sf)	873	$619	$2207 (2025)	Stonehaus Realty Corp.
2026-06-01	1103 8940 University Cres.	Active	2	2	$609,000 ($687/sf)	886	$645	$2215 (2025)	Oakwyn Realty Ltd.
2026-03-09	103 8940 University Cres.	Active	2	2	$599,999 ($672/sf)	893	$614	$2108 (2026)	Luxmore Realty
2026-05-20	702 8940 University Cres.	Active	2	2	$599,000 ($648/sf)	925	$640	$2302 (2025)	RE/MAX Real Estate Services
2026-07-13	105 8940 University Cres.	Active	2	2	$589,900 ($673/sf)	877	$620	$2195 (2025)	Real Broker
	Avg				$637,800	970

TERRACES AT THE PEAK Sold History (last 24 months)

Sold Date	Address	Bed	Bath	Sqft	Asking	Sold Price	DOM	Strata Fee	Tax	Listed By
2026-04-07	507 8940 University Cres.	2	2	957	$679,000	$680,000 ($711/sf)		$651	$2457 (2025)	Sutton Group-West Coast Realty
2026-03-06	1106 8940 University Cres.	2	2	963	$789,000	$740,000 ($768/sf)		$666	$2504	Sutton Group - 1st West Realty
2025-11-10	1003 8940 University Cres.	2	2	886	$568,000	$560,000 ($632/sf)		$607	$1950 (2024)	RE/MAX Crest Realty
2025-07-26	701 8940 University Cres.		1	483	$429,000	$410,000 ($849/sf)		$383	$1216 (2024)	Nu Stream Realty Inc.
2025-07-22	908 8940 University Cres.	1	1	567	$499,000	$480,000 ($847/sf)		$407	$1443 (2024)	YPA Your Property Agent
2025-07-14	709 8940 University Cres.	2	2	961	$699,000	$685,000 ($713/sf)		$659	$2326 (2025)	Nu Stream Realty Inc.
2025-06-11	408 8940 University Cres.	2	2	878	$688,800	$658,000 ($749/sf)		$607	$1950 (2024)	Sutton Group - 1st West Realty
2025-04-10	801 8940 University Cres.		1	483	$420,000	$410,000 ($849/sf)		$383	$1219 (2024)	Metro Edge Realty
2024-06-29	609 8940 University Cres.	2	2	961	$688,000	$705,000 ($734/sf)		$588	$2038 (2024)	Nu Stream Realty Inc.
2024-03-11	504 8940 University Cres.	2	2	861	$685,000	$672,000 ($780/sf)		$528	$1756	Royal Pacific Realty Corp.
2023-11-28	708 8940 University Cres.	2	2	878	$829,000	$800,000 ($911/sf)		$542	$1819 (2023)
2023-10-15	411 8940 University Cres.	1	1	588	$514,900	$504,000 ($857/sf)		$364	$1614 (2022)
2023-08-18	710 8940 University Cres.	1	1	582	$518,000	$504,000 ($866/sf)		$357	$1313 (2022)	Regent Park Realty Inc.
2023-07-13	1101 8940 University Cres.		1	483	$474,000	$445,000 ($921/sf)		$298	$1151 (2022)
2023-04-28	810 8940 University Cres.	1	1	612	$518,000	$518,000 ($846/sf)		$352	$1373 (2022)	Pacific Evergreen Realty Ltd.
2023-02-08	1203 8940 University Cres.	2	2	1254	$1,299,999	$1,200,000 ($957/sf)	187	$723	$1232 (2021)	Sutton Group-West Coast Realty
2022-08-17	106 8940 University Cres.	2	2	961	$699,000	$667,000 ($694/sf)	163	$550	$938 (2021)	Sutton Group-West Coast Realty
2022-08-12	404 8940 University Cres.	2	2	864	$649,900	$635,000 ($735/sf)	58	$494	$928 (2021)	Homelife Benchmark Titus Realty
2022-07-14	101 8940 University Cres.		1	589	$489,000	$470,000 ($798/sf)	15	$340	$1304 (2022)	Multiple Realty Ltd.
2022-06-28	503 8940 University Cres.	2	2	878	$659,900	$648,500 ($739/sf)	8	$507	$1825 (2022)	Nu Stream Realty Inc.
2022-06-21	506 8940 University Cres.	2	2	892	$657,900	$650,000 ($729/sf)	40	$513	$875 (2021)	Prompton Real Estate Services Inc.
2022-05-24	707 8940 University Cres.	2	2	952	$799,000	$770,000 ($809/sf)	70	$466	$928 (2021)	Royal Pacific Realty (Kingsway) Ltd.
2022-05-14	505 8940 University Cres.	2	2	901	$652,000	$649,000 ($720/sf)	12	$445	$885 (2021)	Nu Stream Realty Inc.
2022-05-05	711 8940 University Cres.	1	1	588	$499,000	$499,000 ($849/sf)	1	$292	$581 (2021)	Nu Stream Realty Inc.
2022-04-18	811 8940 University Cres.	1	1	588	$499,000	$497,000 ($845/sf)	17	$292	$581 (2021)	Nu Stream Realty Inc.
2022-04-10	103 8940 University Cres.	2	2	892	$688,800	$676,000 ($758/sf)	159	$440	$875 (2021)	RE/MAX Crest Realty
2022-03-23	1002 8940 University Cres.	2	2	912	$699,000	$695,000 ($762/sf)	40	$447	$906 (2021)	Orca Realty Inc.
2022-03-14	310 8940 University Cres.	1	1	582	$498,000	$498,000 ($856/sf)	12	$286	$570 (2021)	Macdonald Realty
2022-02-21	907 8940 University Cres.	2	2	955	$1,050,000	$1,020,000 ($1,068/sf)	10	$473	$959 (2021)	Orca Realty Inc.
2022-02-09	207 8940 University Cres.	1	1	609	$499,000	$499,000 ($819/sf)	223	$296	$602 (2021)	Royal Pacific Riverside Realty Ltd.
2021-11-25	504 8940 University Cres.	2	2	861	$715,000	$650,000 ($755/sf)	297	$424		Sutton Group-West Coast Realty
2021-11-17	1102 8940 University Cres.	2	2	923	$625,000	$625,000 ($677/sf)	1	$456		Royal LePage Sussex
2021-09-28	904 8940 University Cres.	2	2	861	$599,900	$638,000 ($741/sf)	152	$424		Sutton Group - Vancouver First Realty
2021-04-17	101 8940 University Cres.		1	588	$399,900	$400,000 ($680/sf)	2	$290		Sincere Real Estate Services
2021-04-10	809 8940 University Cres.	2	2	958	$765,000	$765,000 ($799/sf)	79	$450		Sutton Group - Vancouver First Realty
2021-03-24	108 8940 University Cres.	1	1	588	$449,000	$456,000 ($776/sf)	50	$259		Royal LePage West Real Estate Services

Sold data from the MLS® feed for strata plan EPS7239. Showing the last 24 months by default; expand for up to 80 recent sales.

TERRACES AT THE PEAK Market Summary

TERRACES AT THE PEAK at 8940 University Cres. — currently 6 active listings averaging $637,800. In the past year 3 units sold at an average of $660,000.

Active Listings6

Avg Asking Price$637,800

Sold (1 Year)3

Avg Sold Price$660,000

Avg $/Sqft$704

Value & Financing

Price Positioning

$664 /sq ft

Active listings here average $664/sf vs $823/sf across Simon Fraser Univer..

19% below area average

Mortgage Snapshot

$2,825 /mo

Entry price (from)$589,900

20% down payment$117,980

Rate / amortization5.24% · 25 yr

Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Market Reports

Live market intelligence for this building's segments — active inventory, medians, ranges & trends. Opens in a new tab.

📊 Burnaby Condo Market Reports

1 Bed →2 Bed →

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Market data by RealtySuite

Property Documents

📗 Property Sales Kit »

Location, Street View & Aerial

Map⤢ Expand

Street View⤢ Expand

Aerial⤢ Expand

Amenities / Features

Bike Room

Club House

Elevator

Exercise Centre

In Suite Laundry

Storage

Maintenance Fees Include

Caretaker

Garbage Pickup

Gardening

Gas

Heat

Hot Water

Management

Recreation Facility

Snow Removal

Location / Site Influences

Central Location

Recreation Nearby

Shopping Nearby

Construction & Development

Construction	Concrete
Exterior Finish	Concrete
Roof	Other
Foundation	Concrete Perimeter
Rain Screen	Full

Strata Information

Strata Plan	EPS7239
Building Type	Strata,Strata Condos
Title to Land	Leasehold Prepaid-strata
Units in Strata	117
Management Company	Wynford — 604-261-0285
Parking / Storage	Garage; Underground

Frequently Asked Questions — TERRACES AT THE PEAK

What year was TERRACES AT THE PEAK built?

TERRACES AT THE PEAK was built in 2021.

How many units are in TERRACES AT THE PEAK?

TERRACES AT THE PEAK has 117 strata units across 1 levels.

What amenities does TERRACES AT THE PEAK offer?

BIKE ROOM, CLUB HOUSE, ELEVATOR, EXERCISE CENTRE, IN SUITE LAUNDRY, STORAGE.

Who is the property manager for TERRACES AT THE PEAK?

TERRACES AT THE PEAK is managed by Wynford, 604-261-0285.

What is the strata plan number for TERRACES AT THE PEAK?

The strata plan number for TERRACES AT THE PEAK is EPS7239.

Is TERRACES AT THE PEAK freehold or leasehold?

TERRACES AT THE PEAK is Leasehold prepaid-Strata.

Where is TERRACES AT THE PEAK located?

TERRACES AT THE PEAK is located at 8940 University Cres. in Burnaby North, Burnaby.

How is the real estate market at TERRACES AT THE PEAK?

In the past year 3 units sold at TERRACES AT THE PEAK, averaging $660,000; there are currently 6 active listings for sale.

Listings for Sale Near TERRACES AT THE PEAK 🔎 MLS® Search »

Active listings nearby80

Average price$576,262

From$349,800

Up to$1,390,000

Summary — 50 nearest listings

Address	Bed	Bath	Sqft	Price
105 8940 University Cres.	2	2	877	$589,900
8980 University Cres.	3	3	1365	$799,900
1308 8850 University Cres.	2	2	800	$699,900
909 8850 University Cres.	2	2	901	$599,800
418 8850 University Cres.	2	2	825	$618,000
1206 8850 University Cres.	2	2	825	$657,000
105 8850 University Cres.	2	2	837	$568,000
313 8850 University Cres.	2	2	827	$599,000
401 8850 University Cres.	1	1	584	$448,000
308 8940 University Cres.	2	2	873	$629,000
702 8940 University Cres.	2	2	925	$599,000
1103 8940 University Cres.	2	2	886	$609,000
103 8940 University Cres.	2	2	893	$599,999
1301 8761 University Cres.	2	2	806	$688,000
1507 9060 University Cres.	2	2	912	$718,000
1702 9060 University Cres.	3	2	1489	$1,390,000
002 9060 University Cres.	1	1	615	$469,900
701 9060 University Cres.	1	1	634	$489,000
1507 9060 University Cres.	2	2	912	$599,000
702 8725 University Cres.	2	2	940	$655,000
401 8725 University Cres.	2	2	807	$569,000
706 9080 University Cres.	2	2	802	$599,000
503 9080 University Cres.	2	2	881	$670,000
102 9080 University Cres.	1	1	506	$349,800
1005 9080 University Cres.	2	2	800	$628,000
110 9025 Highland Court	1	1	568	$394,800
106 9025 Highland St.	2	2	1124	$798,000
707 9025 Highland Court	1	1	456	$372,000
507 9025 Highland Court	1	1	453	$369,800
502 8750 University Cres.	2	2	807	$688,800
809 8750 University Cres.	1	1	578	$499,900
1001 8750 University Cres.	1	1	591	$515,000
507 9188 University Cres.	2	2	879	$562,890
1505 9393 Tower Rd.	1	1	616	$499,000
1206 9393 Tower Rd.	1	1	609	$499,000
306 9393 Tower Rd.	1	1	605	$449,800
417 9009 Cornerstone Mews	1	1	445	$362,500
110 9009 Cornerstone Mews	2	2	945	$598,000
507 9009 Cornerstone Mews	1	1	602	$469,000
415 9009 Cornerstone Mews	1	1	574	$378,000
1007 9222 University Cres.	2	2	881	$599,000
1106 9222 University Cres.	2	2	962	$618,000
401 9150 University High St.	2	2	1112	$679,000
210 9150 University High St.	1	1	633	$378,800
316 9150 University High St.	2	2	1011	$599,000
108 9009 Cornerstone Mews	2	2	945	$599,000
316 9168 Slopes Mews	2	2	850	$499,900
516 9250 University High St.	2	2	994	$575,000
Ph18 9250 University High St.	2	2	890	$518,000
516 9250 University High St.	2	2	994	$550,000