3 Days Ago
Location
8950 University High St, Burnaby, BC V5A 4Y8, CAN|Burnaby Mountain
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Property Overview
The Cornerstone has an impressive upward trajectory in all aspects, featuring a strong Zumper Expert Rating of 8.8/10, reflecting it as an excellent choice for renters. Its exceptional price rating of 10/10 highlights a competitive balance of price and value, while a perfect amenities score signifies a premier living experience. Additionally, the property garners a location rating of 9/10 for unparalleled accessibility, combined with a solid trustworthiness rating of 8/10, supporting its reputation for transparency and reliability.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space
Floor plans
| Bachelor bath balcony | Studio | 1 bath | 337 sqft | $1,700 /mo | 1 unit available |
Let's explore this property.
Amenities for The Cornerstone
Apartment Amenities
| In-suite Storage | View |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | In-Unit Laundry |
| Washer In-Suite |
Building
| Elevator | Fitness Center |
| Onsite Laundry |
Grounds
| Garage Parking | Storage |
Services
| 24/7 Emergency Service | On-Site Management |
Neighborhood
| Public Transit | 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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Base Rent
Monthly rent payment
$1,700
OPTIONAL FEES
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Covered Lot
Parking Fee
Monthly. 2 covered lots max. Unassigned parking
Contact Property
Garage Lot
Parking Fee
Monthly. 2 garage lots max. Unassigned parking
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 2004 |
|---|---|
| Lease terms | 12 months |
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About The Cornerstone
Managed by Midwest Property Management
Located on campus at the renowned Simon Fraser University (SFU), this modern building has it all. The Cornerstone includes features like extra data ports and electrical outlets so you can plug in and stay connected. Residents enjoy in-suite laundry, bicycle storage, and underground parking. We are the only community on campus with an on-site professional management and maintenance team that is here to serve our residents! Taking a step beyond the Cornerstone, easy transit access quickly connects you to Vancouver, as well as surrounding cities. If you are a lover of nature, the outdoors, and scenic views, Burnaby Mountain conservation area, Burrard Inlet, and Burnaby Lake are all nearby. Whether it is the land, sea, or concrete jungle you crave, you can find it all here at The Cornerstone.
Year Built: 2004
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, The Cornerstone is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Cornerstone has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Cornerstone offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Cornerstone stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—in-unit laundry—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Cornerstone is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Cornerstone does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 The Cornerstone compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 273 sqft larger than other listings nearby
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Rent trends in Burnaby Mountain
studio apartments at The Cornerstone cost about 10% less than the average rent price for studio apartments in Burnaby Mountain.
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 8950 University High St?
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
$68,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $68,000 annually to afford this studio monthly rent price of $1,700.
For more information on rent affordability, visit our rent calculator.
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Internet available near The Cornerstone
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 8950 University High St
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
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
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 8950 University High St, Burnaby
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
3/10
Some shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
9/10
Large amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
Explore the area around 8950 University High St
Nesters Market
9000 University High St
Safeway
580 Clarke Rd
Hilltop Market
916 Clarke Rd
786 Spice Bazaar & Video
9610A Cameron St
Pick 'n Pay
9640 Cameron St
Donald Tartantown-Gordon's Ltd
555 Clarke Rd
Costco Wholesale
3550 Brighton Ave
Bluenotes
9855 Austin Rd
Epic Menswear
9855 Austin Rd
L A Express
9855 Austin Rd
Tim Hortons
9055 University High St
Starbucks
8906 University High St
Jugo Juice
8888 University Dr
Tim Hortons
8888 University Dr
Starbucks
580 Clarke St
Club Ilia
8902 University High St
Hop & Vine Taphouse
1601 Burnwood Dr
JOEY Restaurants
550 Lougheed Hwy
Darvish Hookah Lounge
2808 St. Johns St
John B Liquor Store
1000 Austin Ave
Harvest Corp
8075 Enterprise St
Anna's Cake House
9855 Austin Rd
COBS Bread
9855 Austin Rd
Han Yang Bakery
435M North Rd
Gabi & Jules Handmade Pies & Baked Goods
Richard Bolton Park
Naheeno Park
Burnaby Mountain Conservation Area
Burnaby Mountain Conservation Area
Burnaby Mountain Conservation Area
Chef Hung Taiwanese Beef Noodle
9055 University High St
Fatihs Pizza
9055 University High St
The Chopped Leaf
9055 University High St
Tim Hortons
9055 University High St
Togo Sushi
9055 University High St
SFU Transit Exchange @ Bay 4
Burquitlam Station/SFU
SFU Transit Exchange @ Bay 3
SFU/Metrotown Station
SFU Transit Exchange @ Bay 2
Downtown/SFU NightBus, Hastings Street
SFU Transit Exchange @ Bay 1
SFU/Production Station
Southbound Tower Rd @ University High Street
Burquitlam Station/SFU, SFU/Metrotown Station, SFU/Production Station, Downtown/SFU NightBus
Moody Centre Station @ West Coast Express
West Coast Express
Moody Centre Station Westbound
West Coast Express
Moody Centre Station Eastbound
West Coast Express
Moody Centre Station @ West Coast Express
West Coast Express
Coquitlam Central Station @ West Coast Express
West Coast Express
Burquitlam Station @ Platform 1
Millennium Line
Burquitlam Station @ Platform 2
Millennium Line
Production Way-University Station @ Platform 1
Expo Line, Millennium Line
Production Way-University Station @ Platform 2
Expo Line, Millennium Line
Lake City Way Station @ Platform 1
Millennium Line
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