The Terraces by Intergulf

Terraces at The Peak ascends 13 storeys into the sky on Burnaby Mountain, 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 – your perspective is stunning in all directions.

The collection of studio, one, two, and three-bedroom condos and townhomes exemplify Intergulf’s commitment to intelligent design. Every facet of the homes is meticulously configured to emphasize space, light, and functionality. An open-concept layout is efficient and thoughtful to complement your lifestyle. Expansive windows invite natural light to flow generously throughout the home, and illustrate the dramatic views stretching across the horizon. A limited selection of homes feature lock-off suites to provide you with flexibility or secondary income. Quality and care are affirmed in every detail.

About Intergulf

Founded in 1982, Intergulf Development Group has grown into one of Western Canada’s premiere vertically-integrated real estate development and investment companies. With active operations in Alberta, British Columbia and California, Intergulf has completed more than 7,000 homes and generated more than $2 Billion in sales. From its headquarters in Vancouver BC, Intergulf manages projects from acquisition to completion.

An integrated team, Intergulf prides itself on its in-house development and construction management. With extensive experience across asset classes, from industrial to mixed-use high density projects to large-scale master planned communities, Intergulf has made its mark from Metro Vancouver to Alberta and California.

Intergulf has fostered stellar relationships throughout the real estate community and has a track record of successful partnerships with some of the world’s largest institutional investors and landowners. To its homebuyers, Intergulf has become a sought after name, and the hallmark of trust, integrity and quality.

The Terraces Listings

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408 8940 University Crescent
Simon Fraser Univer. Burnaby V5A 4Y8

$688,800
Residential beds: 2 baths: 2.0 878 sq. ft. built: 2021

Main Photo: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 1: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 2: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 3: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 4: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 5: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 6: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 7: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 8: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 9: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 10: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 11: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 12: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 13: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 14: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 15: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 16: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 17: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 18: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 19: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 20: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 21: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 22: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Photo 23: 408 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2986758
Status:
Active
Prop. Type:
Residential
MLS® Num:
R2986758
Bedrooms:
2
Bathrooms:
2
Year Built:
2021
Discover the Terraces at the Peak in SFU's UniverCity community. This beautifully laid-out 2-bedroom, 2-bathroom unit spans a spacious 878 square feet. Enjoy stunning northern mountain views and panoramic inlet water views from your private balcony. Recent renovations include new laminate flooring installed this September and fresh paint throughout, giving the space a modern, refreshed feel. The building offers excellent amenities such as a gym and a large library, perfect for quiet study. Conveniently located within a 15-minute drive to Brentwood Mall and Lougheed Mall. Don’t miss out on this exceptional unit!
Property Type:
Residential
Dwelling Type:
Apartment/Condo
Home Style:
Common Walls - No One Above
Common Interest:
Condominium
Manufactured Type:
Year built:
2021 (Age: 4)
Living Area:
878 sq. ft.
Floor Area - Unfinished:
Floor Area - Detached 2nd Residence:
Building Area - Total:
878 sq. ft.
Rainscreen:
Bedrooms:
2 (Above Grd: 2)
Bathrooms:
2.0 (Full:2/Half:0)
Kitchens:
Rooms:
Num Storeys:
13
Taxes:
$1,950.08 / 2024
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Balcony
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
EPS7239
Name of Complex/Subdivision:
Terraces At The Peak
Construction Materials:
Concrete, Concrete (Exterior), Glass (Exterior)
Foundation:
Basement:
Property Condition:
Renovation Complete
Full Height:
Crawl Height:
Roof:
No. Floor Levels:
1.0
Floor Finish:
Floor Area Fin - Above Grade:
Floor Area Fin - Above Main:
0 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
878 sq. ft.
Floor Area Fin - Below Main:
Floor Area Fin - Below Grade:
Floor Area Fin - Basement:
Floor Area Fin - Total:
878 sq. ft.
Heating:
Parking Features:
Garage Under Building
Parking:
Garage Under Building
# Of Parking Spaces - Total:
# Of Covered Spaces:
Parking Total/Covered:
1 / 1
Title to Land:
Leasehold prepaid-Strata
Flood Plain:
Suite:
Balcony
Exercise Centre, Recreation Facilities
Inlet Water Views
Exercise Centre, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
2
Dishwasher, Refrigerator, Cooktop, Exercise Centre
Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Floor
Type
Size
Other
Main
Main
Main
Main
Main
Main
Main
Floor
Ensuite
Pieces
Other
Main
Main
Council Approval:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Association Fee:
$606.90
Age Restrictions:
No
Tax Utilities Included:
false
By-Law Restrictions:
Pets Allowed With Restrictions, Rentals Allwd w/Restrctns
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Common Walls:
No One Above
Pets Allowed:
Yes With Restrictions
# Units in Development:
117
Home Owners Association:
Yes
Previous Price:
Original Price:
Land Lease:
Yes
Zoning:
Access to property:
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Telephone Service:
Fencing:
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Plumbing Details:
Sketch Attached:
Restrictions:
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Virtual Tour

Listed by Sutton Group - 1st West Realty
Data was last updated April 22, 2025 at 05:35 PM (UTC)
Area Statistics
Listings on market:
96
Avg list price:
$678,950
Min list price:
$345,000
Max list price:
$3,980,000
Avg days on market:
50
Min days on market:
5
Max days on market:
903
Avg price per sq.ft.:
$782.09
These statistics are generated based on the current listing's property type and located in Simon Fraser Univer.. Average values are derived using median calculations.
HAFEZ PANJU

The Terraces Location

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Quick Facts

Address:

The Terraces
8940 University Crescent

Developer:

Intergulf

Built In:

Estimated completion 2020

Number of units:

117 Homes in a 13 story High Rise

Height:

13 Storey Building

Construction:

Concrete

Facilities:

Gym

Lounge

Roof Top Gardens

Restrictions:

Pets Allowed With Restrictions
Rental Allowed

Warranty:

2-5-10 year warranty available.