👁5,268views
Building & Condo Information

Novo

9298 University Cres.

Burnaby, BC V5A 4X8

  • Levels9
  • Suites167
  • StatusCompleted
  • Built2005
  • Title to LandLeasehold
  • Strata PlanBCS1046
  • ConstructionConcrete
  • AreaBurnaby North
  • NeighbourhoodSimon Fraser Univer.
$561,667Avg Asking
2Sold (1yr)
$474,500Avg Sold
$679Avg $/Sqft

Overview

Novo I - 9298 University Crescent, Burnaby V5A 0A4, BCS1046 - Located on Burnaby Mountain, in Simon Fraser University's "UniverCity" area. Short distance to banks, coffee shops, pharmacy, quick-stop grocery stores, food markets and Safeway. Take-out food and restaurants include Pizza Point, Ichibankan Express SFU, Canadian Pizza Plus, Hanano Sushi and Grill, Club Ilia and Horizons restaurant. Schools nearby are University Highlands Elementary and Burnaby Heights Secondary. Enjoy the numerous hiking trails and tranquility of the demonstration forest surrounding the SFU campus. Close to Skytrain and major routes providing access and easy commutes to the rest of Burnaby, Vancouver and YVR.

Novo I, built in 2004 cosists of 167 contemporary-designed bright and spacious homes featuring laminate, hardwood and ceramic tile floors; floor to ceiling windows, cosy fireplaces, washers and driers, open concept kitchen-dining-living areas, large patios and balconies. Building amenities include gym facilities, sauna, bike room and visitor parking. Maintenance fees include caretaker, garbage pickup, gardening, hot water, management and recreation facilities.

Enjoy the benefits of living at Novo I - spectacular views, sustainable community, surrounded by demonstration forest, reduced transit rates and use of University facilities - be a part of life on the mountain!

Les Twarog
Les Twarog & Team
RE/MAX Crest Realty · Your Novo specialist
Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

For Sale in Novo & Complex

DateAddressStatusBedBathPriceSqftDOMStrata FeeTaxListed By
2026-07-31 501 9298 University Cres. Active 2 2 $599,000 ($657/sf) 912 $560 $2047 (2025) Oakwyn Realty Ltd.
2026-07-16 303 9298 University Cres. Active 2 2 $598,000 ($659/sf) 908 $538 $1943 (2025) RE/MAX Crest Realty
2026-04-17 101 9298 University Cres. Active 1 1 $488,000 ($688/sf) 709 $415 $1547 (2025) Multiple Realty Ltd.
Avg$561,667843

Novo Sold History (last 24 months)

Sold DateAddressBedBathSqftAskingSold PriceDOMStrata FeeTaxListed By
2026-07-01 904 9288 University Cres. 2 2 1054 $670,000 $625,000 ($593/sf) $602 $2681 (2026) Rennie & Associates Realty Ltd.
2026-04-05 302 9288 University Cres. 1 1 424 $335,000 $324,000 ($764/sf) $246 $996 (2025) Oakwyn Realty Ltd.
2025-07-31 207 9288 University Cres. 1 1 637 $468,800 $460,000 ($722/sf) $382 $1325 (2024) Royal LePage West Real Estate Services
2025-07-24 202 9288 University Cres. 1 1 422 $349,900 $325,000 ($770/sf) $230 $945 (2024) RE/MAX All Points Realty
2025-07-15 309 9298 University Cres. 1 1 556 $439,000 $435,000 ($782/sf) $330 $1203 (2024) Sutton Group-West Coast Realty
2025-07-08 004 9288 University Cres. 2 2 1132 $599,999 $630,000 ($557/sf) $585 $1979 (2024) 1NE Collective Realty Inc.
2025-04-14 803 9298 University Cres. 2 2 1038 $699,000 $686,000 ($661/sf) $581 $2260 (2024) Sutton Group - 1st West Realty
2024-12-08 509 9298 University Cres. 1 1 547 $458,800 $448,000 ($819/sf) $309 $1208 (2024) Royal LePage West Real Estate Services
2024-09-12 504 9288 University Cres. 1 1 546 $445,000 $440,000 ($806/sf) $309 $1146 (2023)

Sold data from the MLS® feed for strata plan BCS1046. Showing the last 24 months by default; expand for up to 80 recent sales.

Novo Market Summary

Novo at 9298 University Cres. — currently 3 active listings averaging $561,667. In the past year 2 units sold at an average of $474,500.

Active Listings3
Avg Asking Price$561,667
Sold (1 Year)2
Avg Sold Price$474,500
Avg $/Sqft$679

Value & Financing

Price Positioning
$668 /sq ft
Active listings here average $668/sf vs $837/sf across Simon Fraser Univer..
20% below area average
Mortgage Snapshot
$2,337 /mo
Entry price (from)$488,000
20% down payment$97,600
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
📊 Burnaby Townhome Market Reports
Market data by RealtySuite

Property Documents

Location, Street View & Aerial

Street View⤢ Expand

Amenities / Features

Bike Room
Elevator
Exercise Centre
In Suite Laundry
  • Sauna

Maintenance Fees Include

Caretaker
Garbage Pickup
Gardening
Hot Water
Management
Recreation Facility

Location / Site Influences

Shopping Nearby
Garden
Playground
Balcony
Central Location
Private
Recreation Nearby

Construction & Development

ConstructionConcrete
Exterior FinishConcrete
RoofOther
FoundationConcrete Perimeter
Rain ScreenFull
DeveloperIntergulf Development Group

Strata Information

Strata PlanBCS1046
Building TypeStrata
Title to LandLeasehold
Units in Strata167
Units in Development167
Management CompanyTribe — 604-343-2601
Bylaws / RestrictionsPETS ALLOWED W/REST.,RENTALS ALLOWED
Parking / StorageGarage; Underground

Frequently Asked Questions — Novo

What year was Novo built?
Novo was built in 2005.
How many units are in Novo?
Novo has 167 strata units across 9 levels.
What amenities does Novo offer?
BIKE ROOM, ELEVATOR, EXERCISE CENTRE, IN SUITE LAUNDRY.
Is Novo pet-friendly, and what are the bylaws?
Novo bylaws/restrictions: PETS ALLOWED W/REST.,RENTALS ALLOWED.
Who is the property manager for Novo?
Novo is managed by Tribe, 604-343-2601.
What is the strata plan number for Novo?
The strata plan number for Novo is BCS1046.
Is Novo freehold or leasehold?
Novo is LEASEHOLD.
Where is Novo located?
Novo is located at 9298 University Cres. in Burnaby North, Burnaby.
How is the real estate market at Novo?
In the past year 2 units sold at Novo, averaging $474,500; there are currently 3 active listings for sale.

Listings for Sale Near Novo 🔎 MLS® Search »

Active listings nearby80
Average price$583,291
From$349,800
Up to$1,390,000
Summary — 50 nearest listings
AddressBedBathSqftPrice
501 9298 University Cres. 22912 $599,000
101 9298 University Cres. 11709 $488,000
303 9298 University Cres. 22908 $598,000
605 9262 University Cres. 11652 $427,000
516 9319 University Cres. 221000 $538,000
32 9229 University Cres. 221108 $639,000
131 9229 University Cres. 221105 $599,999
51 9229 University Cres. 221092 $699,000
207 9262 University Cres. 321000 $618,000
409 9262 University Cres. 21804 $488,000
Photos
501 9298 UNIVERSITY CRESCENT $599,000 501 9298 University Cres. · 2bd/2ba · 912sf 101 9298 UNIVERSITY CRESCENT $488,000 101 9298 University Cres. · 1bd/1ba · 709sf 303 9298 UNIVERSITY CRESCENT $598,000 303 9298 University Cres. · 2bd/2ba · 908sf 605 9262 UNIVERSITY CRESCENT $427,000 605 9262 University Cres. · 1bd/1ba · 652sf 516 9319 UNIVERSITY CRESCENT $538,000 516 9319 University Cres. · 2bd/2ba · 1000sf 32 9229 UNIVERSITY CRESCENT $639,000 32 9229 University Cres. · 2bd/2ba · 1108sf 131 9229 UNIVERSITY CRESCENT $599,999 131 9229 University Cres. · 2bd/2ba · 1105sf 51 9229 UNIVERSITY CRESCENT $699,000 51 9229 University Cres. · 2bd/2ba · 1092sf 207 9262 UNIVERSITY CRESCENT $618,000 207 9262 University Cres. · 3bd/2ba · 1000sf 409 9262 UNIVERSITY CRESCENT $488,000 409 9262 University Cres. · 2bd/1ba · 804sf

Novo Area Map 🔍 Open larger map ↗