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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503 8940 University Crescent
Simon Fraser Univer. Burnaby V5A 4Y8

$648,800
Residential beds: 2 baths: 2.0 886 sq. ft. built: 2021

Main Photo: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 1: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 2: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 3: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 4: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 5: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 6: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 7: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 8: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 9: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 10: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 11: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 12: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 13: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 14: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 15: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 16: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 17: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 18: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 19: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 20: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 21: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 22: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 23: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 24: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 25: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Photo 26: 503 8940 University Crescent in Burnaby: Simon Fraser Univer. Condo for sale in "Terraces At The Park" (Burnaby North)  : MLS®# R3009757
Status:
Active
Prop. Type:
Residential
MLS® Num:
R3009757
Bedrooms:
2
Bathrooms:
2
Year Built:
2021
WAIT! What? An apartment with a mortgage helper? This unique 2-in-1 is located in The Terraces— a concrete, rental & pet friendly building in SFU’s UniverCity, Vancouver’s premier life-style neighborhood. This 2bed/2bath/886sqft home w/covered balcony won't disappoint. Enjoy the entire unit or lock off the studio w/separate entry & have two units. Features: an open plan, spacious kitchen w/granite counters, SS apps & breakfast bar, laminate floors, spacious living & dining areas & plenty of natural light. Both bedrooms are well sized w/plenty of closet space. Bonus: well-appointed complex amenities, heat included in strata, 1 parking & bike locker. Close to: transit, shopping, indoor/outdoor recreation & a host of perks available only to UniverCity residences. Act Now! Call for showings.
Property Type:
Residential
Dwelling Type:
Apartment/Condo
Home Style:
One Level
Ownership:
Leasehold prepaid-Strata
Common Interest:
Condominium
Year built:
2021 (Age: 4)
Living Area:
886 sq. ft.
Floor Area - Unfinished:
0 sq. ft.
Building Area - Total:
886 sq. ft.
Levels:
One
Rainscreen:
Full
Bedrooms:
2 (Above Grd: 2)
Bathrooms:
2.0 (Full:2/Half:0)
Kitchens:
1
Rooms:
7
Num Storeys:
13
Taxes:
$1,918.9 / 2024
Outdoor Area:
Balcony
Water Supply:
Public
Plan:
EPS7239
Name of Complex/Subdivision:
Terraces At The Park
Construction Materials:
Concrete, Mixed (Exterior)
Foundation:
Concrete Perimeter
Basement:
None
Roof:
Other
No. Floor Levels:
1.0
Floor Finish:
Laminate, Carpet
Floor Area Fin - Above Grade:
886 sq. ft.
Floor Area Fin - Above Main:
0 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
886 sq. ft.
Floor Area Fin - Below Main:
0 sq. ft.
Floor Area Fin - Below Grade:
0 sq. ft.
Floor Area Fin - Basement:
0 sq. ft.
Floor Area Fin - Total:
886 sq. ft.
Heating:
Baseboard, Hot Water
Parking Features:
Underground, Front Access
Parking:
Underground
# Of Parking Spaces - Total:
1
# Of Covered Spaces:
1.0
Parking Total/Covered:
1 / 1
Suite:
None
Elevator, Storage
Balcony
Central Location, Near Golf Course, Recreation Nearby, Shopping Nearby
Laundry In Unit, Bike Room, Recreation Facilities, Elevator, Storage
Bike Room, Recreation Facilities, Caretaker, Trash, Heat, Hot Water, Management, Snow Removal
Shopping Nearby
2
Window Coverings
Dishwasher, Refrigerator, Microwave, Laundry In Unit, Bike Room, Elevator, Storage
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Yes
In Unit
Window Coverings
STRATA LOT 44 DISTRICT LOT 211 GROUP 1 NEW WESTMINSTER DISTRICT STRATA PLAN EPS7239 TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V
Floor
Type
Size
Other
Main
Foyer
8'6" × 4'5"
-
Main
Kitchen
11'2" × 9'4"
-
Main
Dining Room
11'4" × 8'10"
-
Main
Living Room
11'5" × 10'2"
-
Main
Bedroom
11'5" × 7'7"
-
Main
Foyer
11'11" × 6'1"
-
Main
Primary Bedroom
12'10" × 8'8"
-
Floor
Ensuite
Pieces
Other
Main
No
3
Main
Yes
4
Council Approval:
No
Association Fee:
$606.97
Age Restrictions:
No
Tax Utilities Included:
false
By-Law Restrictions:
Pets Allowed With Restrictions
Dist to Public Trans:
2
Dist to School Bus:
2
Property Disclosure:
Yes
Fixtures Leased:
No
Fixtures Removed:
No
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
Original Price:
$648,800
Land Lease:
Yes
Land Lease Expiration Year:
2116
Zoning:
RES
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Restrictions:
Pets Allowed w/Rest., Rentals Allowed
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Floor Plan

Listed by Royal LePage West Real Estate Services
Data was last updated June 6, 2025 at 04:10 AM (UTC)
Area Statistics
Listings on market:
105
Avg list price:
$688,000
Min list price:
$349,900
Max list price:
$4,138,000
Avg days on market:
56
Min days on market:
1
Max days on market:
947
Avg price per sq.ft.:
$769.66
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.