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Building & Condo Information

Terraces at The Peak

8940 University Cres. Burnaby, BC V5A 4X9, Canada

Active Listings Amenities Strata Property Documents Location Sales Kit Market Report

★ Building Specialist

Les Twarog

RE/MAX Crest Realty RE/MAX

BC Condos and Homes Team

30+ Years Downtown & Westside Expert

604.671.7000 les@6717000.com

Official Website: www.terracesatsfu.com

Levels13
Suites117
StatusCompleted
Built2020
Title to LandFreehold Strata
Strata PlanEPS7239
AreaBurnaby North
NeighbourhoodSimon Fraser Univer.

🔍 9 photos · slideshow

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
2026-09-22	104 8940 University Cres.	Active	2	2	$609,900 ($641/sf)	952	$651	$2435 (2025)	Royal Pacific Riverside Realty Ltd.
2026-03-09	103 8940 University Cres.	Active	2	2	$599,999 ($672/sf)	893	$614	$2108 (2026)	Luxmore Realty
2026-07-13	105 8940 University Cres.	Active	2	2	$589,900 ($673/sf)	877	$620	$2195 (2025)	Real Broker
2026-09-09	902 8940 University Cres.	Active	2	2	$549,000 ($594/sf)	925	$650	$2310 (2025)	Nu Stream Realty Inc.
2026-09-02	1103 8940 University Cres.	Active	2	2	$549,000 ($620/sf)	886	$620	$2215 (2025)
2026-09-17	201 8940 University Cres.	Active		1	$398,000 ($676/sf)	589	$416	$1545 (2025)	RE/MAX Crest Realty
2026-08-18	8xx 8940 University Cres.	Active	2	2	Contact	861			Sutton Group - 1st West Realty
	Avg				$585,100	919

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 15 most recent sales from the last 24 months; expand for up to 80.

Terraces at The Peak Market Summary

Terraces at The Peak at 8940 University Cres. — currently 8 active listings averaging $585,100. In the past year 3 units sold at an average of $660,000.

Active Listings8

Avg Asking Price$585,100

Sold (1 Year)3

Avg Sold Price$660,000

Avg $/Sqft$704

Value & Financing

Price Positioning

$637 /sq ft

Active listings here average $637/sf vs $798/sf across Simon Fraser Univer..

20% below area average

Mortgage Snapshot

$1,906 /mo

Entry price (from)$398,000

20% down payment$79,600

Rate / amortization5.24% · 25 yr

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

Overview

Terraces at The Peak - The Peak 8940 University Crescent, Burnaby, BC, Canada, V5A 4X9. There are 117 units ranging from studio, 1 bed, 1 bed + den, and 2 bed, and 2 bed + den condos; 2 bed + den townhomes. The open-concept layout is configured to emphasize sapce, light and functionality. The tall, concrete, boutique structure is uniquely stepped in form and captures the West Coast's most coveted views. Witness the sun rise over Howe Sound and set upon Burrard Inlet, gaze at the towering North Shore mountains, and watch the Downtown Vancouver city lights shimmer below.

Terraces offers expansive indoor and outdoor amenities; From a double height hotel-inspired lobby overlooking a private residents garden, step onto one of the three outdoor decks, leading into one of two large indoor amenities the large fitness room overlooking the forest, and the expansive Highlands Social Lounge complete with chefs kitchen, dining area, library, and lounge.

Location / Site Influences

Shopping Nearby

Recreation Nearby

Central Location

Garden

Near Golf Course

Greenbelt

Playground

Golf Course Nearby

Construction & Development

Developer	Intergulf Development Group
Marketer	Magnum Project Ltd.

Strata Information

Strata Plan	EPS7239
Building Type	Strata Condos
Title to Land	Freehold Strata
Units in Strata	117
Units in Development	117

Property Documents

📗 Property Sales Kit »

Market Reports

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Market data by RealtySuite

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Terraces at The Peak

📞 604.671.7000 Contact

Frequently Asked Questions — Terraces at The Peak

What year was Terraces at The Peak built?

Terraces at The Peak was built in 2020.

How many units are in Terraces at The Peak?

Terraces at The Peak has 117 strata units across 13 levels.

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 FREEHOLD 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 8 active listings for sale.

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

Sales Information

Sales Website	www.terracesatsfu.com
Sales Phone	604-559-5795
Sales Email	info@terracesatsfu.com
Sales Address	8955 University High Street, Burnaby

Listings for Sale Near Terraces at The Peak 🔎 MLS® Search »

Active listings nearby80

Average price$569,332

From$228,000

Up to$1,390,000

Summary — 50 nearest listings

Address	Bed	Bath	Sqft	Price
1702 9060 University Cres.	3	2	1489	$1,390,000
701 9060 University Cres.	1	1	634	$489,000
002 9060 University Cres.	1	1	615	$469,900
1507 9060 University Cres.	2	2	912	$599,000
210 9080 University Cres.	2	2	802	$498,500
702 9060 University Cres.	2	2	864	$649,000
503 9080 University Cres.	2	2	879	$660,000
706 9080 University Cres.	2	2	802	$599,000
103 8940 University Cres.	2	2	893	$599,999
1103 8940 University Cres.	2	2	886	$549,000
902 8940 University Cres.	2	2	925	$549,000
104 8940 University Cres.	2	2	952	$609,900
8980 University Cres.	3	3	1365	$799,900
604 8761 University Cres.	2	2	940	$678,888
Th1 9188 University Cres.	2	2	910	$599,000
201 8940 University Cres.		1	589	$398,000
1301 8761 University Cres.	2	2	806	$648,000
1301 8761 University Cres.	2	2	806	$648,800
105 8940 University Cres.	2	2	877	$589,900
401 8850 University Cres.	1	1	584	$448,000
1308 8850 University Cres.	2	2	798	$699,900
909 8850 University Cres.	2	2	901	$558,800
105 8850 University Cres.	2	2	837	$568,000
418 8850 University Cres.	2	2	825	$618,000
1206 8850 University Cres.	2	2	825	$617,000
702 8725 University Cres.	2	2	940	$655,000
1007 9222 University Cres.	2	2	881	$599,000
1106 9222 University Cres.	2	2	962	$618,000
401 8725 University Cres.	2	2	807	$569,000
110 9025 Highland Court	1	1	568	$388,000
707 9025 Highland Court	1	1	456	$372,000
106 9025 Highland St.	2	2	1124	$798,000
708 9025 Highland Court	1	1	442	$349,900
507 9025 Highland Court	1	1	453	$352,000
1206 9393 Tower Rd.	1	1	609	$460,000
306 9393 Tower Rd.	1	1	605	$449,800
109 9055 University High St.			1340	$228,000
1202 8750 University Cres.	2	2	1047	$993,000
210 9232 University Cres.	1	1	606	$408,000
403 9232 University Cres.	2	1	811	$579,000
409 9232 University Cres.	1	1	639	$459,900
412 9150 University High St.	2	2	1003	$665,000
316 9150 University High St.	2	2	1011	$549,000
401 9150 University High St.	2	2	1112	$679,000
111 9250 University High St.	1	1	638	$392,200
516 9250 University High St.	2	2	994	$550,000
Ph18 9250 University High St.	2	2	890	$518,000
218 9250 University High St.	2	2	890	$540,000
303 9250 University High St.	1	1	665	$450,000
502 8750 University Cres.	2	2	807	$688,800