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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902 8940 University Crescent
Simon Fraser Univer. Burnaby V5A 0E7

$549,000
Residential beds: 2 baths: 2.0 925 sq. ft. built: 2021

Status:
Active
Prop. Type:
Residential
MLS® Num:
R3162913
Bedrooms:
2
Bathrooms:
2
Year Built:
2021
A rare opportunity to own an affordable home with built-in income potential! Priced OVER $200,000 BELOW assessed value, this LOCK-OFF unique SOUTH-facing condo offers two separate living spaces, each with its own private entrance. The main residence features a spacious living room, full kitchen, large bedroom and generous balcony, while the studio-style suite offers a mini wet bar, full bathroom, ample storage and great rental potential—perfect for students or additional monthly cash flow. Bright, functional and incredibly versatile, with 1 parking stall. Maintenance fee including GAS & HEAT (hot water baseboard) An exceptional opportunity to live comfortably while helping offset your mortgage!
Property Type:
Residential
Dwelling Type:
Apartment/Condo
Home Style:
5 Plus Levels
Ownership:
Leasehold prepaid-Strata
Common Interest:
Condominium
Manufactured Type:
Year built:
2021 (Age: 5)
Living Area:
925 sq. ft.
Floor Area - Unfinished:
Floor Area - Detached 2nd Residence:
Building Area - Total:
925 sq. ft.
Levels:
5 Plus Level
Rainscreen:
Bedrooms:
2 (Above Grd: 2)
Bathrooms:
2.0 (Full:2/Half:0)
Kitchens:
Rooms:
Taxes:
$2,310 / 2025
Lot Frontage:
0'
Lot Features:
Recreation Nearby
Lot Details:
0 x
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Garden, Balcony
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
EPS7239
Name of Complex/Subdivision:
Terraces At The Peak
Construction Materials:
Concrete Block, Other, Brick (Exterior), Glass (Exterior), Mixed (Exterior)
Foundation:
Basement:
Full Height:
Crawl Height:
Roof:
No. Floor Levels:
5.0
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:
925 sq. ft.
Floor Area Fin - Below Main:
Floor Area Fin - Below Grade:
Floor Area Fin - Basement:
Floor Area Fin - Total:
925 sq. ft.
Heating:
Patio And Porch Features:
Patio, Deck
Parking Features:
Underground
Parking:
Underground
# Of Parking Spaces - Total:
# Of Covered Spaces:
Parking Total/Covered:
1 / 1
Flood Plain:
Suite:
Elevator
Garden, Playground, Balcony
Garden, Playground, Laundry In Unit, Bike Room, Exercise Centre, Recreation Facilities, Elevator
Bike Room, Exercise Centre, Trash, Gas, Heat, Hot Water, Management, Recreation Facilities
Shopping Nearby
Smoke Detector(s), Fire Sprinkler System
2
Smoke Detector(s), Fire Sprinkler System
Dishwasher, Refrigerator, Microwave, Laundry In Unit, Bike Room, Exercise Centre, Elevator
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
In Unit
Floor
Type
Size
Other
Main
Main
Main
Main
Main
Floor
Ensuite
Pieces
Other
Main
Main
Council Approval:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Association Fee:
$649.84
Age Restrictions:
No
Tax Utilities Included:
false
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
# 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
Plumbing Details:
Sketch Attached:
Restrictions:
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by Nu Stream Realty Inc.
Data was last updated September 9, 2026 at 01:40 AM (UTC)
Area Statistics
Listings on market:
92
Avg list price:
$578,500
Min list price:
$349,900
Max list price:
$3,700,000
Avg days on market:
67
Min days on market:
8
Max days on market:
361
Avg price per sq.ft.:
$682
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. This data is not produced by the MLS® system.
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Reciprocity Logo
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.

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.

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.