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 sq 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.
Address
418 - 8850 University Crescent
List Price
$644,900
Property Type
Residential
Type of Dwelling
Apartment/Condo
Structure Type
Multi Family, Residential Attached
Transaction Type
Sale
Area
Burnaby North
Sub-Area
Simon Fraser Univer.
Bedrooms
2
Bathrooms
2
Floor Area
825 Sq. Ft.
Main Floor Area
825
Lot Features
Central Location, Greenbelt, Recreation Nearby, Wooded
Total Building Area
825
Common Walls
2+ Common Walls
Year Built
2019
Maint. Fee
$533.53
MLS® Number
R3109517
Listing Brokerage
Sutton Group - 1st West Realty
Basement Area
None
Postal Code
V5A 0C8
Zoning
CD
Ownership
Leasehold prepaid-Strata
Parking
Garage Under Building
Parking Places (Total)
1
Tax Amount
$2,041.58
Tax Year
2025
Pets
Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Site Influences
Balcony, Central Location, Greenbelt, Playground, Recreation Nearby, Shopping Nearby, Wooded
Community Features
Shopping Nearby
Exterior Features
Playground, Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features
Elevator
Association
Yes
Board Or Association
Greater Vancouver
Association Amenities
Clubhouse, Exercise Centre, Recreation Facilities, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Snow Removal
Heating
Yes
Heat Type
Baseboard, Forced Air, Geothermal
Garage
Yes
Laundry Features
In Unit
Levels
One
Number Of Floors In Property
1
Number Of Floors In Building
18
View
Yes
View Type
CITY VIEW
Subdivision Name
The Peak By Intergulf
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