5+ Days Ago
Location
8940 University Cres, Burnaby, BC V5A 0E7, CAN|Burnaby Mountain
Contact
Peter Fang Personal Real Estate Corporation
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Property Overview
8940 University Cres offers a prime location within a vibrant community, close to amenities and public transit. Its spacious layout and modern design enhance comfort, while exceptional nearby recreational options promote an active lifestyle. This property stands out for its accessibility, attractive features, and the unique opportunity to enjoy urban living amidst natural surroundings.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images available- Laundry available on site
Great for
Work-from-home
Amenities for 8940 University Cres, Burnaby Mountain
Apartment Amenities
| Balcony |
Appliances
| Dishwasher | In-Unit Laundry |
| Stove |
Building
| Elevator | Fitness Center |
| No Smoking Allowed | Onsite Laundry |
| Residents Lounge | Social Room |
Grounds
| Exercise Room | Garage Parking |
| Outdoor Space | Storage |
Neighborhood
| Convenience Store | Schools Nearby |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 8940 University Cres
Please reply to ad or email 604rentalteam gmail. com for inquiries/showings SFU Large Studio- 2nd Floor 588 sq ft Unit for Rent Features: - Studio, 1 Bath, 588 sq ft (Unfurnished) - Kitchen: Fridge/Stove/Oven/Dishwasher/Microwave - Laundry: In-suite washer and dryer - Parking: 1 parking stall included - Storage: 1 locker included - 2nd Floor, East facing unit with covered balcony - Amenities: Gym, Bike storage, social lounge, outdoor terrace/BBQ, garden and more! Address: - 8940 University Cres (Terraces at The Peak) - 5 minute walk from Nester’s Market, Cornerstone, shops and restaurants - 10 minute walk to SFU Campus LEASE TERMS: - Minimum 1 Year lease - Hot Water/Heat/Gas are included. Other Utilities (Electricity/cable/internet) are not included - Tenant insurance and reference check are required - No Pets, No Smoking, No Sublets *Preference will go to those who can show: - Proof of Employment and Income - Good References *If you would like to view: - Please email to schedule viewings - Please include tenant background info, contact info and availability for viewings "Terraces at the Peak" at SFU
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 8940 University Cres, Burnaby BC V5A 0E1, CAN compares to other nearby properties.
Positives
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- No central heat
- Fewer climate control options
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Neighborhood | Burnaby Mountain |
|---|---|
| Post code | V5A 0E7 |
| Type | Apartment for rent |
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Rent trends in Burnaby Mountain
studio apartments at 8940 University Cres cost about 5% more than the average rent price for studio apartments in Burnaby.
Median rents as of Oct 18 2025.
Burnaby Mountain
Burnaby
| Month | Median Rent |
|---|---|
| November 2023 | $2,106 |
| December 2023 | $2,230 |
| January 2024 | $2,285 |
| February 2024 | $2,093 |
| March 2024 | $2,083 |
| April 2024 | $2,100 |
| May 2024 | $2,189 |
| June 2024 | $2,281 |
| July 2024 | $2,300 |
| August 2024 | $2,237 |
| September 2024 | $2,236 |
| October 2024 | $2,228 |
| November 2024 | $2,218 |
| December 2024 | $2,194 |
| January 2025 | $2,153 |
| February 2025 | $2,151 |
| March 2025 | $2,094 |
| April 2025 | $2,080 |
| May 2025 | $2,047 |
| June 2025 | $1,905 |
| July 2025 | $1,853 |
| August 2025 | $1,961 |
| September 2025 | $1,984 |
| October 2025 | $1,956 |
| Month | Median Rent |
|---|---|
| October 2025 | $1,899 |
Affordability calculator
Can I afford to live at 8940 University Cres?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$80,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $80,000 annually to afford this studio monthly rent price of $2,000.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 3 months ago | $2,850 | 2 bed | 2 bath | ||
| 2 years ago | $2,700 | 2 bed | 2 bath | ||
| 2 years ago | $2,000 | Studio | 1 bath |
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Internet available near 8940 University Cres
Neighborhood
Burnaby Mountain | Burnaby, BC
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Burnaby near 8940 University Cres
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
Frequent public transit options are within walking distance.
Points of interest for 8940 University Cres, Burnaby
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
3/10
Some bars within walking distance
Other units at this address
8940 University Cres, Burnaby BC V5A 0E1, CAN
8940 University Cres Burnaby BC V5A 0E1, CAN
Occupied
2 Beds, 2 Baths
2 Beds
2 Baths
$2,850
Dishwasher • Assigned Parking • Garden • Hardwood Floor • High Ceilings • Carpet
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