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Renanza Realty
Burnaby · Neighbourhood

UniverCity Real Estate

Explore homes and condos for sale in UniverCity, one of Burnaby's neighbourhoods. Live MLS® listings, updated continuously, plus a direct line to a Renanza agent who knows the area.

Market snapshot

The UniverCity market right now

UniverCity currently has 33 active listings. Most homes for sale are priced between $408K and $676K, with a median around $550K. Condos and apartments make up the largest share of the market.

33
Active listings
33
For sale
$550K
Median list price
$408K–$676K
Typical range
$669
Median price / sq ft
56
Median days listed
1
New in last 7 days
2013
Median year built

UniverCity prices by bedrooms

BedroomsActive listingsMedian asking price
18$455K
220$569K
34$888K

Figures reflect current active MLS® listings and update as the market moves.

Neighbourhood guide

Living in UniverCity

UniverCity is a planned, sustainability-focused community on top of Burnaby Mountain beside Simon Fraser University, surrounded by protected conservation forest. It is designed as a compact, walkable town centre serving the campus.

Location & boundaries

It occupies the summit of Burnaby Mountain, adjacent to SFU's Burnaby campus and above the Westridge slope.

History

The community grew from Arthur Erickson and Geoff Massey's 1960s vision of a residential town anchoring SFU; the city approved an Official Community Plan in 1996 and development followed as UniverCity, with the first residents arriving in the following years.

Lifestyle

It is a compact, walkable university community of students, staff and families, with a farmers' market and community events, and residents can access SFU facilities through a community card.

Housing & property types

Housing is predominantly mid-rise condominiums and townhouses built to high energy-efficiency standards.

Shopping & dining

University High Street offers a full-service grocery store, coffee shops, restaurants, a pharmacy, a bank and other services around a central town square.

Parks & recreation

The surrounding Burnaby Mountain Conservation Area offers extensive hiking and biking trails and mountaintop viewpoints.

Schools

Simon Fraser University anchors the community, and University Highlands Elementary, part of the Burnaby School District, opened on the mountain in 2010.

Getting around

Frequent bus service, principally the 145, connects UniverCity and SFU down the mountain to Production Way-University Station on the Expo and Millennium lines.

Who it may suit

May suit students, faculty and buyers wanting a walkable community next to the university and forest trails.

Sources: en.wikipedia.org, univercity.ca, universityhighlands.burnabyschools.ca, en.wikipedia.org

Neighbourhood snapshot — Burnaby

Statistics Canada, 2021 Census of Population for Burnaby, City (CY) [Census subdivision], British Columbia. These figures describe the city as a whole, not this specific address — useful context, not a substitute for local knowledge. View source

Population

249,125

Total population

+7%

Growth since 2016

40.4

Median age

Income

$83,000

Median household income

Household

2.4

Avg. household size

29.2%

Live alone

59.8%

Families w/ kids

Housing

60.5%

Owned

39.5%

Rented

$980,000

Median dwelling value

Apartment69.4%
Single-detached house18.9%
Row house / townhouse8.7%
Other3.0%

Education

Highest credential, ages 25–64

Bachelor's degree or higher47.2%
Trades or college diploma26.6%
High school diploma20.4%
No certificate, diploma or degree5.8%

Commute

How residents get to work

Car, truck or van71.0%
Public transit21.6%
Walked4.7%
Bicycle0.9%
Other1.8%

Languages

Mother tongue, top responses

English41.5%
Mandarin13.7%
Cantonese12.1%
Korean3.3%
Tagalog3.0%

Buying a home in UniverCity

BC's 2023 small-scale multi-unit housing legislation now allows three to four units on most single-family lots in larger municipalities, which is reshaping what detached lots are worth. Check the lot's current zoning with the municipality, and get a home inspection and a title search before removing subjects.

Budget for BC's property transfer tax on top of the price — it's charged on the purchase and first-time buyers and new builds may qualify for exemptions. See our BC & Alberta closing costs checklist.

Common questions

Frequently asked

If yours isn't here, ask us directly — we'd rather answer it now.

How much does a home cost in UniverCity?

The median asking price for homes currently for sale in UniverCity is about $550,000, and most are listed between $408,000 and $676,000. These figures come from active MLS® listings and move with the market.

How many homes are for sale in UniverCity right now?

There are 33 active listings on this page's search, 1 of them new in the last 7 days. Listings are updated continuously from the MLS®.

How much is a 3-bedroom home in UniverCity?

Median asking prices by bedroom count in UniverCity right now — 1 bedroom: about $455,000; 2 bedrooms: about $569,000; 3 bedrooms: about $888,000. Based on 32 active listings.

What is the price per square foot for homes in UniverCity?

The median asking price per square foot of living area is about $669 across homes currently listed in UniverCity. Location, age and building type move this a lot, so compare within a neighbourhood.

How long have homes in UniverCity been on the market?

The typical active listing here first came on the market about 56 days ago. That's days listed so far, not time to sell, but a long figure usually signals more room to negotiate.

Can non-Canadians buy a home in UniverCity?

Generally not right now. Since January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act has barred most non-Canadians from buying residential property, with exceptions such as permanent residents and some work-permit holders. The ban has been extended before, so confirm its current status and get legal advice on your situation.

Thinking about UniverCity?

Tell us what you're after in UniverCity and we'll send matching listings the moment they hit the market.