According to MLS data for the Simon Fraser University area, specifically UniverCity of Burnaby North, during the past week there were a total of 5 new listings that came to market.  This brings the total active listings on MLS to 59 including resale and pre-sale properties.  The average list price is $436,987 or $474.22 per sq ft. 

There were two sales recorded during the past week.  The average sale price was $336,000 or $413.88 per sqft. 

Contact us now if you have questions about the market in general or specifically if you would like to learn more about the Simon Fraser...

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Just Sold
Simon Fraser University
Novo II - 404 9262 University, Bunaby
 
1 bedroom + den in award winning UniverCity. Immaculate, move-in condition, with views from living room & balcony! Spacious, bright & quiet InterGulf unit boasts a great layout. Luxurious granite counter tops in bathroom and kitchen. Kitchen has S/S Frigidaire appliances & island which accommodates bar stools. Front load Frigidaire washer/dryer. Balcony is ideal for entertaining, bird watching & enjoying your view of the tranquil forest. 1 secure parking. Pets welcome. Walk to SFU, shops, restaurants,...
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Grammy and Juno Award-winning musician Sarah McLachlan received the degree of Doctor of Fine Arts, honoris causa at the June 15, 2011 convocation ceremony at SFU.

The Vancouver singer, songwriter and Lilith Fair founder has sold some 40 million albums worldwide and raised millions of dollars for women's charities, AIDS sufferers and inner-city kids, to name a few.

She performed two songs at the ceremony, World On Fire from her 2003 album Afterglow and Angel from her 1997 album Surfacing.

 
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According to MLS data for the Simon Fraser University area, specifically UniverCity of Burnaby North, during the month of May 2011 there were a total of 3 sales for an average cost per sqft of $365.80.  Of the three sales registered through MLS two were in the resale market and one was in Origin by Port Development.  This compares to 11 sales that took place in April 2011 or a decrease of approximately 77%. 

Presently there are 58 active listings for an average cost per sqft of $475.39.  In the month of May 17 new listing came to market compared to the month of April that saw...

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 The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential unit sales in the province edged down one per cent to 7,857 units in May compared to the same month last year. The average MLS® residential price climbed 20 per cent to $596,872 last month compared to May 2010.

 
"Tighter mortgage rules, tepid employment growth and advance buying during the first quarter kept BC home sales on a lower note in May," said Cameron Muir, BCREA Chief Economist. "However, recent downward pressure on mortgage interest rates is expected to provide some...
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Spectacular Unit with 12’ Ceilings

Altaire at Simon Fraser University

 
101 9222 University
$519,800
 
Stunning & bright corner unit that will exceed your expectations. This 2bed/2bath, 1056sqft home offers west exposure, green space & mountain top views, 12' ceilings, expansive windows, a spacious open plan, a covered balcony & unique foyer. Altaire is a concrete hi-rise with high-end finishing, excellent amenities & balance of 2-5-10 yr warranty. Features: granite, SS apps, large living room, breakfast bar & excellent closet space. Master has walk-in, & ensuite:...
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The Bank of Canada held its trend-setting Bank Rate at 1.25 per cent on May 31, 2011. This marks the sixth consecutive policy rate announcement for which interest rates have been kept on hold.
 
The Bank now sees headline inflation as staying above 3 per cent in the short term. It nonetheless maintained its inflation outlook included in its April Montary Policy Update, which indicated that inflation in Canada would hit two per cent by mid-2012.
 
“The Bank sets rates based on an inflation target of between one and three per cent, and it normally leans against inflation by raising interest...
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Home sales remained at typical springtime levels on the Multiple Listing Service® (MLS®) in Greater Vancouver in May.
 
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties in Greater Vancouver reached 3,377 in May 2011, a 7 per cent increase compared to the 3,156 sales in May 2010 and a 4.7 per cent increase compared to the 3,225 sales in April 2011.
 
Looking back further, last month’s residential sales are 8.1 per cent below the ten-year average for sales in May. The three highest selling Mays ever...
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Simon Fraser
Market Update

Simon Fraser Condos

Altaire by Polygon

Altaire built in 2008/2009 reaches higher then any other condo building in Metro Vancouver offering panoramic views.

Novo I by Intergulf

Novo I built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft.

Novo II by Intergulf

Novo II built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft.

Aurora by Polygon

Aurora built in 2006 with 103 condos featuring 36 unique floor plans ranging from 715 sq ft to 1500 sq ft.

One University by Millennium

One University built in 2005 is UniverCity's flagship building with luxury homes featuring semi private elevators.

Harmony by Polygon

Harmony built in 2005 was the first condo development at Univercity & as a result offers a unique setting & views.

Serenity Townhomes by Polygon

Serenity is a collection of 2 bedroom townhomes of 1100 sq ft ranging to 4 bedroom 2000+ sq ft townhomes.

The Hub by Liberty Homes

The Hub built in 2009 is set atop Nester's Grocery and steps from High Street giving these homes an urban feel.

Verdant by VanCity Enterprises

Verdant is a two storey town home building built with environmental design and stylish living spaces which complement the modern exterior of these SFU homes.

Origin by Porte Development

Origin is designed by GBL Architect & BYU Interior Designs, developed by Porte Development Corp. and marketed by Red Dot Real Estate.

Nest by Mosaic

Located on UniverCity High Street across from the new University Highlands elementary schools this refreshing building will add further depth to a growing community.

Highland House by Liberty Homes

A 12-storey concrete high-rise development and targeted towards Rental Investors and First-Time Condo Buyers.

Lift by Porte Development

Lift will be a wood frame building comprising of 56 homes. Building technologies, environmental features, and price points should be similar to Origin.

Altitude by Hungerford Group

Altitude will be a 2 tower development comprising of a 12 and 14 story building with a total of 210 strata units.

CentreBlock by Liberty Homes

CentreBlock at UniverCity atop Burnaby Mountain is the latest condo project with sales commencing early 2014. .

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