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According to MLS data for the Simon Fraser University area, specifically UniverCity of Burnaby North, activity on the mountain is heating up!  This past week saw 3 new listings which brings the totally inventory level up to 44 active listings.  This includes 4 units for sale in the Origin building by Port Development. The average list price for the area is $427,618 or $464.91 per square foot.  Great to see that Sellers are confident and are bringing their properties market.

I can personally attest to the activity.  During the open house on Feb 12 I held at 406 9232 University in Novo II the extremely harsh weather was not a deterrent.  We had 8 groups through for a total of 15 people.  Overall a great turn out.  The unit offers beautiful mountain top and city light views and is in impeccable condition.

The really positive news is that there were two registered sales for this past week!  Congratulations to the folks at Origin, I believe these two last sales bring them to well over 60% sold.  Great to see interest for the new developments is still strong.  This should be positive feedback for Liberty Homes as they prepare to bring a new concrete hi-rise to market in the coming months.

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. .

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