SFU, UniverCity Weekly Update for February 13 to 19, 2012

The Simon Fraser University area, specifically UniverCity of Burnaby North real estate market in the past week saw 4 new listings come to market and no MLS registered sales.

Active product on the mountain now sits at 57 listings.  Last week saw the first and only listing in The Hub at 9009 Cornerstone Mews so far this year.  The average list price is now $421,956 or $447.233 per sqft.  The most expensive home listed in SFU, UniverCity is a 3 bedroom, 2 bath, 1388 sqft penthouse in the prestigious Auroa building.  The least expensive unit available is one from Liberty Homes located in their pre-sale project Highland House.  It is a Jr. 1 bedroom, 391 sqft unit priced at $209,900 + HST. 

There have been a total of 6 sales since the beginning of the year.  The average sale price is $394,284 or $405.96 per sqft.  The product mix is good across all property types – condos, town homes, word frame, & concrete – and across a broad price range of $334,800 to $442,405 – indicating a good mix of buyer types.

Last week I had the pleasure of interviewing David Porte of Porte Development on their upcoming Lift project and all things Porte & SFU.  Check out the interview here. 

Also, don’t forget about the exclusive pre-sale viewing of Lift I am co-hosting with Porte Development this coming Sunday, February 26 from 12:00 to 2:00.  Click here for details on how you can become one of the first to own in the latest project at UniverCity.

If you have any further questions please contact us directly.


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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. .

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.