The Terraces by Intergulf

Terraces at The Peak ascends 13 storeys into the sky on Burnaby Mountain, The tall, concrete, boutique structure is uniquely stepped in form and captures the West Coast’s most coveted views. Witness the sun rise over Howe Sound and set upon Burrard Inlet, gaze at the towering North Shore mountains, and watch the Downtown Vancouver city lights shimmer below – your perspective is stunning in all directions.

The collection of studio, one, two, and three-bedroom condos and townhomes exemplify Intergulf’s commitment to intelligent design. Every facet of the homes is meticulously configured to emphasize space, light, and functionality. An open-concept layout is efficient and thoughtful to complement your lifestyle. Expansive windows invite natural light to flow generously throughout the home, and illustrate the dramatic views stretching across the horizon. A limited selection of homes feature lock-off suites to provide you with flexibility or secondary income. Quality and care are affirmed in every detail.

About Intergulf

Founded in 1982, Intergulf Development Group has grown into one of Western Canada’s premiere vertically-integrated real estate development and investment companies. With active operations in Alberta, British Columbia and California, Intergulf has completed more than 7,000 homes and generated more than $2 Billion in sales. From its headquarters in Vancouver BC, Intergulf manages projects from acquisition to completion.

An integrated team, Intergulf prides itself on its in-house development and construction management. With extensive experience across asset classes, from industrial to mixed-use high density projects to large-scale master planned communities, Intergulf has made its mark from Metro Vancouver to Alberta and California.

Intergulf has fostered stellar relationships throughout the real estate community and has a track record of successful partnerships with some of the world’s largest institutional investors and landowners. To its homebuyers, Intergulf has become a sought after name, and the hallmark of trust, integrity and quality.

The Terraces Listings

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305 8940 University Crescent
Simon Fraser Univer. Burnaby V5A 4Y8

$719,000
Residential beds: 2 baths: 2.0 901 sq. ft. built: 2021

Main Photo: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 1: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 2: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 3: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 4: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 5: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 6: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 7: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 8: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 9: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 10: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 11: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 12: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 13: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 14: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Photo 15: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
Status:
Active
Prop. Type:
Residential
MLS® Num:
R2968175
Bedrooms:
2
Bathrooms:
2
Year Built:
2021
Welcome to Terraces at the Peak by Intergulf. A Modern concrete tower in Burnaby’s sought-after UniverCity community! This Spacious 2 bed, 2 bath unit offers North Shore Mountain views from its large private balcony, an open-concept layout, gas stove/oven and a large walk in closet for the master bedroom. Enjoy top-tier amenities, including a fully equipped gym, social lounge, and an outdoor entertainment area complete with kids playground and BBQ Kitchen. Burnaby Mountain is a hidden oasis proving you with peaceful living. Perfectly situated near SFU, transit, schools, shops, and dining, this unit is move-in ready and comes with 1 parking and 1 bike storage locker. Incredible value you can't find anywhere else.
Property Type:
Residential
Dwelling Type:
Apartment/Condo
Home Style:
One Level
Ownership:
Leasehold prepaid-Strata
Common Interest:
Condominium
Manufactured Type:
Year built:
2021 (Age: 4)
Living Area:
901 sq. ft.
Floor Area - Unfinished:
Floor Area - Detached 2nd Residence:
Building Area - Total:
901 sq. ft.
Levels:
One
Rainscreen:
Bedrooms:
2 (Above Grd: 2)
Bathrooms:
2.0 (Full:2/Half:0)
Kitchens:
Rooms:
Num Storeys:
13
Taxes:
$2,227.88 / 2024
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Balcony
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
EPS7239
Name of Complex/Subdivision:
Terraces At The Peak
Construction Materials:
Concrete, Concrete Frame, Concrete (Exterior), Glass (Exterior), Metal Siding
Foundation:
Basement:
Full Height:
Crawl Height:
Roof:
No. Floor Levels:
1.0
Floor Finish:
Floor Area Fin - Above Grade:
Floor Area Fin - Above Main:
0 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
901 sq. ft.
Floor Area Fin - Below Main:
Floor Area Fin - Below Grade:
Floor Area Fin - Basement:
Floor Area Fin - Total:
901 sq. ft.
Heating:
Fireplaces:
0
Parking Features:
Underground, Guest, Front Access, Garage Door Opener
Parking:
Underground, Guest
# Of Parking Spaces - Total:
# Of Covered Spaces:
Parking Total/Covered:
1 / 1
Flood Plain:
Suite:
Elevator, Storage
Balcony
Laundry In Unit, Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Elevator, Storage
North Shore Mountains
Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Shopping Nearby
Smoke Detector(s), Fire Sprinkler System
2
Garage Door Opener, Window Coverings, Smoke Detector(s), Fire Sprinkler System
Dishwasher, Refrigerator, Microwave, Laundry In Unit, Bike Room, Clubhouse, Exercise Centre, Elevator, Storage
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
In Unit
Window Coverings
Floor
Type
Size
Other
Main
Main
Main
Main
Main
Main
Floor
Ensuite
Pieces
Other
Main
Main
Council Approval:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Association Fee:
$621.71
Age Restrictions:
No
By-Law Restrictions:
Pets Allowed With Restrictions
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Pets Allowed:
Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Cats:
Cats OK
Dogs:
Dogs OK
# Units in Development:
117
Home Owners Association:
Yes
Previous Price:
Original Price:
Land Lease:
Yes
Zoning:
Access to property:
Utilities:
Community, Electricity Connected, Natural Gas Connected, Water Connected
Telephone Service:
Fencing:
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Plumbing Details:
Sketch Attached:
Restrictions:
  • Photo 1: 305 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Peak" (Burnaby North)  : MLS®# R2968175
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Virtual Tour

Listed by Dracco Pacific Realty
Data was last updated May 25, 2025 at 07:40 AM (UTC)
Area Statistics
Listings on market:
95
Avg list price:
$678,000
Min list price:
$349,900
Max list price:
$3,980,000
Avg days on market:
59
Min days on market:
2
Max days on market:
936
Avg price per sq.ft.:
$786
These statistics are generated based on the current listing's property type and located in Simon Fraser Univer.. Average values are derived using median calculations.
HAFEZ PANJU

The Terraces Location

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Quick Facts

Address:

The Terraces
8940 University Crescent

Developer:

Intergulf

Built In:

Estimated completion 2020

Number of units:

117 Homes in a 13 story High Rise

Height:

13 Storey Building

Construction:

Concrete

Facilities:

Gym

Lounge

Roof Top Gardens

Restrictions:

Pets Allowed With Restrictions
Rental Allowed

Warranty:

2-5-10 year warranty available.