Simon Fraser University Area Homes for Sale

On this page (23 sections)

Simon Fraser University Area, Burnaby: 6 houses and 81 condos and townhomes listed at the end of October, with 0 and 6 sold in the month. It is one of 35 communities the Greater Vancouver REALTORS® figures break out for Burnaby.

View from Burnaby Mountain over Burrard Inlet toward Vancouver and the North Shore mountains
Photo: The Cosmonaut, CC BY-SA 2.5 CA, via Wikimedia Commons. Resized and compressed.

Where Simon Fraser University sits

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Simon Fraser University SFU homes listed and sold, June to October 2026

Simon Fraser University SFU, October 2026. Detached houses: 6 listed at month end and 0 sold in October. Condos and townhomes: 81 listed at month end and 6 sold in October, a sales ratio of 7% (a buyers’ market).

Simon Fraser University SFU listings, sales and sales ratio by month
MonthHouses listedHouses soldHouses ratioCondos and townhomes listedCondos and townhomes soldCondos and townhomes ratio
June 202680—94910%
July 2026100—83810%
August 20265120%9178%
September 202650—9167%
October 202660—8167%

Source: MLS® data from the Greater Vancouver REALTORS® and the Fraser Valley Real Estate Board, compiled by SnapStats®. How these figures are defined and sourced

Looking across the period, Detached houses: 1 sold over 5 months against an average of 6.8 listed, about 34.0 months of listings at that pace; the busiest month was August with 1 sold. Condos and townhomes: 36 sold over 5 months against an average of 88.0 listed, about 12.2 months of listings at that pace; the busiest month was June with 9 sold.

How Simon Fraser University SFU compares with the rest of its city

Simon Fraser University SFU against its whole city, October 2026: share of listings and sales, sales ratio and rank.

Simon Fraser University SFU against the whole city, October 2026
Home typeShare of city listingsShare of city salesCommunity sales ratio against cityRank on sales ratio
Detached houses1.4%0.0%— against 12%Under 10 listed
Condos and townhomes6.2%3.6%7% against 13%15 of 16

Source: MLS® data from the Greater Vancouver REALTORS® and the Fraser Valley Real Estate Board, compiled by SnapStats®. How these figures are defined and sourced

Between June 2026 and October 2026, detached houses: listings fell from 8 in June to 6 in October (−25.0%), and it took 0.4% of the city’s 251 sales over the period; condos and townhomes: listings fell from 94 in June to 81 in October (−13.8%), and it took 3.9% of the city’s 916 sales over the period.

Simon Fraser University Area share of Burnaby listings and sales by month

In Simon Fraser University Area, its share of the houses listed in Burnaby went from 1.7% in June to 1.4% in October and its share of the condos and townhomes listed went from 6.9% to 6.2%. A share that holds steady while the city moves means the community is following the city; a share that drifts means it is moving differently.

Simon Fraser University Area as a share of Burnaby, by month
MonthShare of city houses listedShare of city houses soldShare of city condos and townhomes listedShare of city condos and townhomes sold
June 20261.7%0.0%6.9%4.1%
July 20262.2%0.0%6.5%3.9%
August 20261.1%2.4%7.1%4.0%
September 20261.1%0.0%6.8%4.1%
October 20261.4%0.0%6.2%3.6%

Source: MLS® data from the Greater Vancouver REALTORS® and the Fraser Valley Real Estate Board, compiled by SnapStats®. How these figures are defined and sourced

Simon Fraser University SFU home prices: what sold, November 2025 to October 2026

Simon Fraser University SFU: what sold, by home type
Home typeSoldMedian priceMedian days to sellSold vs listMedian per sq ft
Houses7$1,970,00029 days93.9%$516
Condos87$512,00039 days96.8%$635
Townhomes7$825,00034 days96.9%$582
Duplexes (half and full)3Too few sales for a typical price———

Source: Paragon, the MLS® system used by Jared’s office, closed sales from November 1, 2025 to October 22, 2026. How these figures are defined and sourced

Simon Fraser University SFU: condos sold by quarter
PeriodSoldMedian price
Nov 2025 to Jan 202628$535,000
Feb to Apr 202631$558,000
May to Jul 202619$512,000
Aug to Oct 20269$450,000

Source: Paragon, the MLS® system used by Jared’s office, closed sales from November 1, 2025 to October 22, 2026. How these figures are defined and sourced

Simon Fraser University Area real estate: your questions answered

How many homes are for sale in Simon Fraser University Area?

At the end of October 2026 the Greater Vancouver REALTORS® figures showed 6 houses and 81 condos and townhomes listed in Simon Fraser University Area. Those are month-end counts and they move daily, so ask Jared for a current list.

Is Simon Fraser University Area a buyers’ or sellers’ market?

In October 2026, condos and townhomes had 7% (a buyers’ market). The sales ratio is homes sold divided by homes listed; on the reports’ scale under 12% favours buyers, 12% to 20% is balanced and over 20% favours sellers. One month in one community is a small sample, so look at the monthly table above before you decide.

How many homes sold in Simon Fraser University Area from June to October 2026?

1 house and 36 condos and townhomes sold in Simon Fraser University Area over those 5 months; detached houses peaked in August with 1 sold and condos and townhomes peaked in June with 9 sold.

How big is Simon Fraser University Area compared with the rest of Burnaby?

In October 2026, Simon Fraser University Area held 1.4% of the 430 detached houses listed in Burnaby and 6.2% of the 1,309 condos and townhomes listed in Burnaby.

What mix of houses and condos is for sale in Simon Fraser University Area?

In October 2026, houses made up 6.9% of the 87 homes listed in Simon Fraser University Area and condos and townhomes made up 93.1%; of the 6 that sold, houses were 0.0% and condos and townhomes 100.0%.

Are there more or fewer homes for sale in Simon Fraser University Area than in June?

Listings of detached houses fell from 8 in June to 6 in October 2026 (−25.0%); condos and townhomes fell from 94 in June to 81 in October 2026 (−13.8%).

Can I buy a lot — freehold land — at SFU / UniverCity?

No. There are no conventional fee-simple residential lots inside UniverCity: SFU Community Trust leases fully serviced, subdivided parcels to developers on 99-year leases, and every market home is a leasehold strata unit on that structure.

So what do I own when I buy at UniverCity?

A strata lot and a leasehold interest for the remaining term of the 99-year prepaid ground lease — one current listing states its building's lease expires in 2109. You do not own the land under the building.

What should I read first — the Form B or the ground lease?

Both, in that order of risk: the Form B for the strata's finances and bylaws, and the ground lease for commencement date, remaining term, prepaid status and end-of-term provisions. The lease is what a lender and lawyer will scrutinize; some lenders cap mortgage terms against the remaining lease term.

Is Arbour a chance to buy a lot in the Slopes?

No — Arbour (9688 University Crescent) is a 178-home leasehold condominium and stacked-townhome presale.

Are there any detached lots for sale on the mountain?

No named bare-land subdivision or vacant-lot offering on those edges is known.

Are the UniverCity buildings freehold strata?

A buyer owns the strata lot and a lease interest, not the land — and none of them is duplex stock.

Does the gondola change what I should pay?

No — TransLink states the Burnaby Mountain Gondola is not yet approved or funded; treat it as upside, not as current transit, when pricing a unit.

Which Burnaby zoning bylaw is current?

Zoning Bylaw 2026, No. 14815 — adopted June 9, 2026, in effect July 1, 2026.

Are UniverCity homes freehold or leasehold?

Leasehold. SFU Community Trust's history states the land remains under SFU ownership and parcels are leased to developers through 99-year lease agreements, so a buyer purchases a leasehold strata interest in the home, not the land under it. Read the ground lease for the building — its start date, remaining term and end-of-term provisions — before subject removal, because the lease is what a lender and a lawyer will examine first.

Is the Burnaby Mountain Gondola built, or even approved?

Neither. TransLink states the gondola is not yet approved or funded: it must be included in a future investment plan and approved by the TransLink Board and the Mayors' Council on Regional Transportation. The preferred route is a straight line from Production Way–University Station to a terminal near the SFU bus exchange, with trips of about seven minutes for the roughly 25,000 daily trips the mountain generates.

Which elementary school serves a UniverCity address?

University Highlands Elementary, 9388 Tower Road, is the School District 41 (Burnaby) school inside the community, and SFU's schools page notes most homes were located so families can walk to it in under five minutes.

How do residents get downtown without a car?

By RapidBus and bus-to-SkyTrain connections. TransLink's R5 Hastings Street RapidBus terminates at the SFU Exchange and links the mountain to Burrard Station in downtown Vancouver, running at least every 10 minutes at peak and every 15 minutes off-peak, and the 145 bus connects SFU Exchange to Production Way–University Station on the Millennium Line.

What did condos in Simon Fraser University SFU sell for?

The median condo sale in Simon Fraser University SFU was $512,000, across 87 sales from November 1, 2025 to October 22, 2026.

How long do condos take to sell in Simon Fraser University SFU?

The median was 39 days from listing to sale, and homes sold at a median 96.8% of the last list price (8% sold above list), for sales November 1, 2025 to October 22, 2026.

What Buyers & Sellers Say

Excerpts from Google reviews for Jared Gibbons, REALTOR® at Royal LePage Little Oak Realty (Suite 201 - 15272 Croydon Dr, Surrey). Quoted word for word; initials only.

  • 5 out of 5 stars

    “Working with Jared on a condo transaction was exactly the kind of experience that reminds you why collaboration in this industry can be so rewarding. He represented the listing side, and I represented the buyer…”

    M.A. Google review

  • 5 out of 5 stars

    “We have bought 3 houses with Jared! Very knowledgeable, always willing to go the extra mile!”

    N.S. Google review

  • 5 out of 5 stars

    “I am forever grateful for Jared and his team for all their help with the lease of my commercial space!…”

    S.H. Google review

More Burnaby real estate

Simon Fraser University Area by home type

Lots and land in Simon Fraser University

The UniverCity tenure record

  • How the land was created, as the Trust states it: the land remains under SFU ownership: SFU Community Trust (SFU's trustee corporation) leases fully serviced, subdivided parcels to developers through 99-year lease agreements, so UniverCity homes are leasehold, not freehold. The servicing and subdivision happened at the Trust-to-developer level — a buyer never buys one of those parcels; the parcels become strata developments.
  • What a buyer actually holds: a leasehold prepaid strata interest — the strata lot plus the remaining term of the 99-year ground lease. A current Origin listing states the structure in terms: "Leasehold expires in 2109" (9150 University High Street).
  • No fee-simple lots inside UniverCity: directly — there are no conventional fee-simple residential lots inside UniverCity itself: every market home is a strata unit on SFU's 99-year prepaid ground lease, so "lot size" comparisons between buildings come down to unit size, floor and outlook rather than land.
  • SFU student residences and campus housing are not market housing: and are not land stock in any form.

Fee-simple edge pockets

  • Detached pockets at the mountain's edges: No named subdivision, bare-land development, or vacant-lot offering on those edges was verified on an official or developer source.
  • ALR status is a per-parcel check on ALC mapping in any case.

Presale

  • Arbour at SFU by Intergulf Development Group — 9688 University Crescent. PRESALE, leasehold — cross-reference only
  • The Ambassador — 7321 Halifax Street. Cross-reference only

Streets, schools and getting around Simon Fraser University

  • Simon Fraser University is the top of Burnaby Mountain in the City of Burnaby: the Simon Fraser University (SFU) Burnaby campus and the UniverCity residential community beside it. The board sub-area is listed as "Simon Fraser University"; SnapStats prints the full name as "Simon Fraser University SFU." A separate neighbouring sub-area, "Simon Fraser Hills," covers the Forest Grove side of the mountain and is not this area.
  • Nearby areas: Westridge, Lochdale, Sperling-Duthie (via Gaglardi Way), Forest Grove / Simon Fraser Hills, and Port Moody and Coquitlam across the mountain's east side.
  • What UniverCity is: a planned residential community next to the SFU campus. In 1996 the City of Burnaby approved the Official Community Plan and zoning amendments for it; the OCP envisions a dense, mixed-use community on about 65 hectares, allowing up to 4,536 residential units in two neighbourhoods south and east of campus, housing up to 10,000 residents at build-out, built out in four neighbourhoods — West Highlands, East Highlands, High Street and the Slopes.
  • Schools (SD41, Ministry-listed names): University Highlands Elementary is the elementary school inside UniverCity (LEED Gold certified; the school notes most families can walk to it in under 5 minutes); Burnaby Mountain Secondary (8800 Eastlake Drive) is the public secondary school on the mountain. The one locator run documented is for 8800 Eastlake Drive: Cameron Elementary (K–7) / Burnaby Mountain Secondary (8–12).
  • Transit: TransLink's R5 Hastings St RapidBus terminates at the SFU Exchange (at least every 10 minutes at peak, 15 minutes off-peak to Burrard Station); the 145 bus connects SFU Exchange to Production Way–University Station on the Millennium Line. The proposed Burnaby Mountain Gondola (about seven minutes, Production Way–University Station to near the SFU bus exchange) is not yet approved or funded per TransLink.
  • Setting: the Burnaby Mountain Conservation Area surrounding the campus and community covers 578 hectares, with 34 multi-use trails over 28 kilometres, climbing from about 25 metres above sea level to the 366-metre summit; SFU transferred more than 320 hectares to the City for the conservation area as part of the original arrangement. Shopping is centred on University High Street in the Cornerstone/High Street core.
  • Burnaby community — Detached median $1,825,000, $662/sq ft, 96% sale-to-list, 37 DOM; Condos & Townhomes median $686,000, $763/sq ft, 98% sale-to-list, 36 DOM. SnapStats publishes no SFU sub-area median, and none of these figures describes land.

Local rules that affect land buyers in Simon Fraser University

  • The ground lease is the governing document (this area's first rule): SFU Community Trust leases parcels to developers on 99-year leases and the land remains SFU's. Before anything else, confirm the lease commencement date, remaining term, whether rent is prepaid for the full term, and any rent-review or end-of-term provisions — the lease, not the building, is what a buyer's lender and lawyer will scrutinize.
  • City plan and zoning: citywide direction is the Burnaby 2050 Official Community Plan (adopted December 9, 2025, replacing the 1998 OCP Bylaw); UniverCity is governed by its own OCP framework from the 1996 approvals (up to 4,536 units on about 65 hectares).
  • SSMUH position: No SSMUH unit count for an SFU-ground lot is asserted here.
  • Strata frame (the form every UniverCity purchase actually takes): a UniverCity strata is still a strata corporation under the Strata Property Act, so Form B diligence under s. 59 applies (fees, amounts owing, special levies, CRF balance, insurance summary; rules, budget, Rental Disclosure Statement and depreciation report attached; within 7 days, maximum $35 plus up to 25 cents per page) — read alongside the ground lease, which the Form B does not answer. Depreciation reports on a 5-year cycle for strata corporations with 5 or more lots since July 1, 2024; at least 10% of the annual operating budget to the CRF since November 1, 2023; rental-restriction bylaws void since November 24, 2022 (the rule governs strata bylaws, not the SFU ground lease itself); only 55+ age bylaws are valid (SPA ss. 123.1/123.2, May 1, 2023 exemptions), a "45+" line is not a valid BC age bylaw, and no UniverCity building is confirmed to carry a 55+ bylaw.
  • If a parcel is in the ALR: subdivision within the ALR requires ALC approval; ALR residences cannot be stratified. On ALR land the main house can be up to 500 m², a suite is allowed only inside it, and an extra residence can be up to 90 m² (186 m² on parcels over 40 ha). For farm class, BC Assessment looks for farm income of $10,000 a year on under 0.8 ha, $2,500 on 0.8 to 4 ha, and $2,500 plus 5% of the value of land over 4 ha; applications are due by October 31.
  • Burnaby property taxes (2026): City of Burnaby property taxes for 2026 were due Friday, July 3, 2026; a 5% penalty applies to outstanding current taxes (and to an unclaimed home owner grant) after the July due date, with a further 5% penalty after the September due date.
  • No Vancouver Empty Homes Tax in Burnaby: the EHT is a City of Vancouver tax (3%) and does not apply here.

Good to know about Simon Fraser University

  • The lease expiry is printed in listings, if you look: a current Origin listing states "Leasehold expires in 2109" in its body copy — the ground-lease term is a searchable, comparable fact between buildings, and the oldest (early-2000s) and newest buildings do not carry the same remaining term.
  • The elementary school beside you may not be your catchment school: the SD41 locator returns Cameron Elementary for 8800 Eastlake Drive — Burnaby Mountain Secondary's own address — even though University Highlands Elementary sits inside UniverCity a short walk away. Listing copy that states catchments is copy, not a locator run.
  • The community was planned whole: UniverCity's OCP allows up to 4,536 units housing up to 10,000 residents on about 65 hectares in neighbourhoods south and east of campus — the "still building out" feel (Arbour in the Slopes is the current phase) is the 1996 plan working as approved, on land the Trust still owns.
  • Burnaby rewrote its entire zoning bylaw in 2026: Zoning Bylaw 2026 (No. 14815) took effect July 1, 2026 and replaced the 1965 bylaw (No. 4742) outright — any older source citing the 1965 bylaw for UniverCity or an edge-pocket lot is citing a repealed bylaw.

The province-wide rules are on one page: BC land buying rules.

Sources for the land notes on Simon Fraser University

Duplexes and half duplexes in Simon Fraser University

Local rules that affect duplexes in Simon Fraser University

  • Citywide direction is the Burnaby 2050 Official Community Plan (adopted December 9, 2025, replacing the 1998 OCP Bylaw); UniverCity is governed by its own OCP framework from the 1996 approvals.

The province-wide rules are on one page: BC duplex and half-duplex buying rules.

What's nearby Simon Fraser University

Times are from OpenStreetMap routing, November 2026.

Transit

  • Nearest rapid-transit station: Production Way–University Station (Millennium Line), down the mountain; the R5 diagram shows it on the SFU corridor.
  • SFU Exchange is the on-mountain bus exchange named on the R5 timetable.
  • R5 Hastings St RapidBus, TransLink: Burrard Station to SFU; RapidBus runs at least every 10 minutes peak, 15 minutes off-peak.
  • 145, TransLink: Production Station to SFU Exchange.
  • 144, TransLink: SFU Transit Exchange to Metrotown Station.

Parks and recreation

  • Burnaby Mountain Conservation Area: 34 multi-use trails over 28 km across 578 hectares, summit 366 m.

Schools

  • University Highlands Elementary, K-7, SD41 Burnaby; confirm the catchment with the district.
  • Burnaby Mountain Secondary, 8-12, SD41 Burnaby; confirm the catchment with the district.

Groceries and shopping

  • Nesters Market, 9000 University High St, Burnaby.

Sources for what’s nearby

What's nearby, building by building

Times are from OpenStreetMap routing from each building’s address, November 2026.

  • Altitude by Hungerford Properties, 9060 University Crescent

    Transit
    Nearest rapid-transit station by name: Production Way–University Station (Millennium Line); the R5 diagram shows it on the SFU corridor. SFU Exchange is the on-mountain bus exchange named on the R5 timetable. R5 Hastings St RapidBus, TransLink: Burrard Station to SFU; at least every 10 minutes peak, 15 minutes off-peak.
    Parks and recreation
    Burnaby Mountain Conservation Area: 34 multi-use trails over 28 km across 578 hectares, summit 366 m (City of Burnaby).
    Schools
    University Highlands Elementary, K-7, SD41 Burnaby; confirm the catchment with the district. Burnaby Mountain Secondary, 8-12, SD41 Burnaby; confirm the catchment with the district.
    Shopping
    Nesters Market, 9000 University High St, Burnaby.

  • Centre Block by Liberty Homes, 9393 Tower Road

    Transit
    SFU Exchange is the on-mountain bus exchange named on TransLink's R5 timetable. Nearest rapid-transit station: Production Way–University Station (Millennium Line), shown on TransLink's R5 diagram.
    Parks and recreation
    Burnaby Mountain Conservation Area: 34 multi-use trails over 28 km across 578 hectares, summit 366 m. Richard Bolton Park is a 2.7-acre City of Burnaby park in UniverCity, per the UniverCity community site.
    Schools
    University Highlands Elementary, K-7, SD41 Burnaby, 9388 Tower Road. Burnaby Mountain Secondary, 8-12, SD41 Burnaby, 8800 Eastlake Dr.

Terraces at the Peak by Intergulf, 8940 University Crescent

  • Transit: 145, TransLink: Production Station to SFU Exchange.
  • Shopping: Nesters Market, 9000 University High Street, Burnaby.

Measured walking and driving times from each building

Measured on November 2, 2026 with OpenStreetMap routing (OSRM for driving, routed-foot for walking), starting at each building’s address
BuildingToHowMinutesDistance (km)
Altitude by Hungerford PropertiesUniversity Highlands Elementary, 9388 Tower RdWalk60.4
Altitude by Hungerford PropertiesNesters Market, 9000 University High StWalk70.5
Altitude by Hungerford PropertiesSFU Exchange (SFU Transportation Centre)Walk151.1
Centre Block by Liberty HomesUniversity Highlands Elementary, 9388 Tower RdWalk20.2
Centre Block by Liberty HomesSFU Transit ExchangeWalk40.3
Centre Block by Liberty HomesRichard Bolton ParkWalk50.3
Crescent Court by Liberty HomesRichard Bolton ParkWalk40.3
Crescent Court by Liberty HomesNesters Market, 9000 University High StWalk50.3
Crescent Court by Liberty HomesSFU Transit ExchangeWalk50.4
OriginUniversity Highlands Elementary, 9388 Tower RdWalk20.2
OriginRichard Bolton ParkWalk50.4
OriginSFU Transit ExchangeWalk50.4
The Hub by Liberty HomesUniversity Highlands Elementary, 9388 Tower RdWalk30.2
The Hub by Liberty HomesSFU Transit ExchangeWalk30.2
The Hub by Liberty HomesRichard Bolton ParkWalk50.4
The Nest by MosaicUniversity Highlands Elementary, 9388 Tower RdWalk20.1
The Nest by MosaicNesters Market, 9000 University High StWalk20.2
The Nest by MosaicRichard Bolton ParkWalk40.3

Sources for what’s nearby each building

Simon Fraser University Area: streets and boundaries

  • This area is the top of Burnaby Mountain: the Simon Fraser University (SFU) Burnaby campus and the UniverCity residential community beside it, reached by Burnaby Mountain Parkway and Gaglardi Way.
  • UniverCity occupies about 65 hectares south and east of the campus, in neighbourhoods the developer materials name West Highlands, East Highlands, High Street and the Slopes.
  • The campus and community are ringed by the Burnaby Mountain Conservation Area, whose trails climb from about 25 metres above sea level to the 366-metre summit.
  • The board sub-area name is printed in full as "Simon Fraser University SFU"; the neighbouring sub-area "Simon Fraser Hills" covers the Forest Grove side of the mountain and is a different area.

Simon Fraser University Area: the housing stock

  • Almost every home here is a strata condominium or townhome in UniverCity, because the community was planned as a dense, mixed-use development rather than a lot subdivision.
  • There are no conventional fee-simple residential lots inside UniverCity itself: buyers own their strata unit on SFU's prepaid ground lease, so comparisons between buildings come down to unit size, floor and outlook rather than land.
  • An early anchor project is The Hub at UniverCity, completed in spring 2009 with 146 condominium units and 23,000 square feet of retail space including the grocery store on University High Street.
  • Intergulf Development Group's own materials list its earlier mountain buildings as Novo 1 and Novo 2, The Peak (2019) and Terraces at The Peak (2020), before its current Arbour project in the Slopes.
  • Detached houses are rare in this sub-area and sit mainly in pockets at the mountain's edges.

Simon Fraser University Area: rules that affect buyers

  • Tenure is the rule that defines buying here: the land remains under SFU ownership, and SFU Community Trust leases fully serviced, subdivided parcels to developers through 99-year lease agreements, so UniverCity homes are leasehold, not freehold.
  • The community's density is set by its own Official Community Plan (OCP) framework: the City of Burnaby approved the OCP and zoning amendments in 1996, allowing up to 4,536 residential units housing up to 10,000 residents at build-out.
  • As part of that arrangement, SFU transferred more than 320 hectares of university land to the City of Burnaby for the Burnaby Mountain Conservation Area, which is why the built area is small and the protected forest around it is permanent.

Simon Fraser University Area: local details a buyer would not know

  • Burnaby Mountain Park at the summit holds the Centennial Rose Garden, the Kamui Mintara (Playground of the Gods) sculptures, a playground and picnic areas.
  • Childcare is on the mountain: SFU Community Trust's community contact list confirms the UniverCity Childcare Centre and the Verdant Early Childhood Centre operate in UniverCity alongside SFU Childcare services.
  • The public secondary school on the mountain is Burnaby Mountain Secondary, 8800 Eastlake Drive, operated by School District 41.
  • City recreation programs run out of a school here: the community association lists City of Burnaby fitness and recreation programs for all ages at University Highlands Elementary, with occasional events at Richard Bolton Park.
  • Shopping is centred on University High Street, where The Hub's retail includes the community grocery store, pharmacy and café space beside the residential buildings.

Simon Fraser University Area: development and new projects

  • Arbour at SFU, 9688 University Crescent, Intergulf Development Group: 178 homes in 4 buildings — 1, 2 and 3 bedroom condominiums and 3 bedroom stacked townhomes — in UniverCity's Slopes neighbourhood, beside the new roughly 30,000-square-foot Slopes Neighbourhood Park.
  • Burnaby Mountain Gondola, TransLink: proposed straight-line gondola from Production Way–University Station to a terminal near the SFU bus exchange.

Simon Fraser University Area: getting around

  • The R5 Hastings Street RapidBus terminates at SFU Exchange, linking the mountain to Burrard Station downtown at least every 10 minutes at peak and 15 minutes off-peak.
  • The 145 bus is the SkyTrain link, running between SFU Exchange and Production Way–University Station on the Millennium Line.
  • The 144 bus connects the mountain to Metrotown Station via Sperling–Burnaby Lake Station, and the 143 connects SFU to Burquitlam Station, per TransLink's Burnaby system map.
  • There is no SkyTrain station on the mountain itself; every rail trip starts with a bus down Burnaby Mountain Parkway or Gaglardi Way.

Simon Fraser University Area: risks and due diligence

  • Read the building's ground lease before anything else: confirm the lease commencement date, the remaining term and any end-of-term provisions in the SFU Community Trust lease structure, because tenure, not the building, is the long-term risk in UniverCity.
  • Do not price a unit as if the gondola exists: TransLink states it is not approved or funded, so current transit value is the R5 and bus network only.

How Simon Fraser University Area compares

Simon Fraser University Area compared
FactSFU / UniverCitySperling-DuthieWestridge
Tenure of the typical homeLeasehold strata on SFU's 99-year ground leases——
Rapid transit at the area itselfNo SkyTrain station; R5 RapidBus terminates at SFU ExchangeSperling–Burnaby Lake Millennium Line station at the north end—
School District 41 elementary school in the areaUniversity Highlands Elementary, 9388 Tower RoadÉcole Sperling Elementary, 2200 Sperling Avenue—

Sources for Simon Fraser University Area

Burnaby neighbourhoods

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