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The Simon Fraser University area, specifically UniverCity of Burnaby North real estate market has now officially registered its first sale of 2012.  A 3 bed, 2 bath, 2 level town home located in Serenity at 9229 University has sold for $438,000.  Although the sale was posted to MLS this past week, the actual sale date was January 12, 2012.

As of today there are now 43 active listings on the Mountain with 3 new listings during the past week.  Two of the new listings are pre-sale homes in Lift by Porte Development.  The average list price is $442,614 or $49.89 per sqft.  The most expensive home on the market is a gorgeous penthouse unit located in Altaire priced at $688,800 and the least expensive unit is a 423sqft studio located in Novo I priced at $239,000

I know first-hand that activity on the market is increasing.  I held an open house at 508 9339 University on Sunday January 22 and it was well attended, I am receiving regular calls for showing requests and have received a number of inquiries from Buyers looking to move into the area.  All great signs for real estate market at UniverCity.

On another note, I had the chance to speak with Hungerford Properties regarding their new development starting pre-sale sometime this spring.  Altitude should be a very exciting launch and Hungerford is planning to develop rather high end homes.  Look for more information in the coming days regarding Altitude. 

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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