Burnaby – Simon Fraser University

10 S Campus Rd, Burnaby, BC V5A 4Y6, Canada

For years the 30,000 students and 1,000 faculty and staff of Simon Fraser University were the only occupants atop Burnaby Mountain. But for the past 10 years a unique, master-planned urban neighbourhood, called UniverCity has evolved with modern high-rise condos, garden townhouses, an elementary school, daycare, playgrounds and shopping and restaurant district.

The neighbourhood also extends down to an enclave of single family homes on the western slope of the mountain, east of Duthie Avenue.

Neighbourhood amenities

The UniverCity master-planned community is located at the east end of Simon Fraser University’s striking campus. The area is well-served by a number of buses that provide quick connections to SkyTrain as well as service to downtown Vancouver and Burnaby’s Lougheed Mall area. There is also a small commercial development of shops, services and restaurants, including a supermarket right along the walk from Univercity’s residential area to campus.

The neighbourhood is ringed by the Burnaby Mountain Conservation Area, which offers an abundance of hiking and biking trails, a developed park at its west end that offers spectacular views of the Vancouver skyline and beyond, as well as across the Burrard Inlet to the North Shore Mountains and up Indian Arm.

Immediately below the conservation area is Barnet Marine Park. It’s a waterfront jewel on the Burrard Inlet that is accessible by hiking the trails or by car along the Barnet Highway. The park has Burnaby’s only sand beach, a boat launch, picnic areas, hiking trails including a section of the Trans Canada Trail and a pier from which crabbers and fishers try their luck. The park is a gateway to every cherished aspect of West Coast life, including spectacular mountain views, wildlife like soaring eagles, long-neck cormorants and even the occasional sighting of passing whales and seals, as well as ship traffic from ocean-going freighters to tugs and log boom boats.
Drive  west down the mountain to Hastings Street and you’ll quickly come to the lively, multicultural commercial area of the Heights, where French restaurants sit next to Vietnamese Pho next to Italian delis.

Schools

Transit

A major bus loop at the top of Burnaby Mountain connects to routes into Vancouver, Burnaby and Coquitlam, as well as to the Production SkyTrain station.
Access to commuter routes along Highway 1 and the Lougheed Highway is also quick and convenient along Gaglardi Way.

Simon Fraser University real estate

The UniverCity community is built on leasehold land. All of the residential real estate consists of condos and townhouses. The area’s proximity to Simon Fraser University also makes it an excellent investment opportunity.

A small area of larger single-family detached is nestled at the foot of Burnaby Mountain.


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Burnaby – Simon Fraser University Prices & Stats

Burnaby – Simon Fraser University House Prices

YearAverageHighLowMedian
20101,092,5441,800,000662,100948,444
20111,114,2721,726,000668,0001,146,000
20121,052,3001,700,000780,000945,000
20131,013,1061,538,000649,0001,003,900
20141,267,8221,968,000825,0001,209,000
20151,443,4722,350,000770,0001,365,000
20161,657,9992,462,0001,070,0001,665,000
20171,711,1252,398,0001,346,0001,568,500
20181,520,9161,975,0001,175,0001,535,000
20191,387,5551,705,0001,175,0001,390,000

Burnaby – Simon Fraser University Condo Prices

YearAverageHighLowMedian
2010340,564696,500177,000330,000
2011361,182975,000191,000350,000
2012348,437539,000191,500344,000
2013352,111750,000178,250352,000
2014344,820782,000175,000335,000
2015378,361988,900205,000362,500
2016409,5221,299,900203,500403,000
2017485,9741,315,000214,800483,500
2018551,2881,440,000360,000512,000
2019527,3471,187,000345,000500,400

Burnaby – Simon Fraser University Townhouse Prices

YearAverageHighLowMedian
2010427,787560,000310,000398,000
2011478,292630,000357,300445,000
2012433,125615,000345,000411,500
2013481,289705,000385,000410,000
2014494,940685,000382,000465,000
2015486,126725,000367,000420,500
2016541,5531,118,000376,000470,000
2017668,676924,800460,000575,000
2018663,445841,500489,900630,000
2019649,800900,000532,000564,000