Chancery Lane
Chancery Lane photo 2
Buildings›The Crest›Chancery Lane
56 Units3 StoreysBuilt 2006FRAME - WOOD1 Active

Chancery Lane — 8533 CUMBERLAND PLACE, The Crest, Burnaby, BC

A 3-storey wood-frame strata townhouse community in Burnaby's The Crest neighbourhood
Avg Sold Price
$1.14M
Avg $/sq ft
$1,142,500
Avg Days on Market
25d

Homes For Sale (1)

ListedUnit / AddressBedsBathsPriceTier$/sqftSqftDOMStrata FeeTaxListed By
Aug 4, 2630 8533 CUMBERLAND PLACE33$999,900Lowest$6881,45360d$278/mo$3,666/yrRoyal Pacific Tri-Ci…
Median (1 unit)$999,900$6881,45360d$278/mo$3,666/yr

Sold History at Chancery Lane

1 unit has sold at Chancery Lane in the past 6 months, with an average sale price of $1,142,500 ($1,142,500/sq ft).

DateUnit / AddressBedsBathsvs AskingSold Price$/sqftSqftDOMStrata FeeTaxListed By
Jul 8, 262 8533 CUMBERLAND PLACE44View →View Sold Price →—1,6196d$323/mo$3,821/yrMacdonald Realty
Mar 24, 2624 8533 CUMBERLAND PLACE33View →View Sold Price →—1,40143d$278/mo$3,660/yrSutton Group-West Co…
Median (2 units)———1,51025d$301/mo$3,740/yr
What's your unit at Chancery Lane worth?
1 unit sold here in the past 6 months, averaging $1,142,500 in 25 days. Get a free, no-obligation valuation based on what's actually selling in this building.
Market Summary

There is currently 1 active home for sale at Chancery Lane at 8533 CUMBERLAND PLACE, priced at $1000K. Recent sold units have averaged $1.14M, selling in about 25 days on average (≈$1,142,500/sq ft). Chancery Lane is a frame - wood building of 56 units built in 2006 located in The Crest.

Building Details

Address8533 CUMBERLAND PLACE, Burnaby
Total Units56
Units in Strata56
Storeys3
Year Built2006
ConstructionFRAME - WOOD
Strata PlanBCS1776
Pet PolicyNo pets permitted

About This Building

Chancery Lane is a 3-storey wood-frame strata development located at 8533 Cumberland Place in Burnaby's The Crest neighbourhood. Built in 2006 under Strata Plan BCS1776, the building comprises 56 suites and offers a modest but practical set of amenities including in-suite laundry and an on-site playground — making it a reasonable fit for families and those who value self-contained living. Rentals are permitted with restrictions, giving owners some flexibility. However, the strata's bylaws do not permit pets, which is worth noting for animal owners considering the building. Strata fees cover garbage pickup, gardening, and management. The building's wood-frame construction is typical of mid-2000s Burnaby residential development, and its three-storey scale gives the community a relatively low-density, residential feel. Chancery Lane suits buyers looking for a townhouse-style strata property in an established east Burnaby neighbourhood with functional day-to-day conveniences built in.

Location & Neighbourhood

The Crest is a quiet, established residential neighbourhood in east Burnaby, situated near the border with Coquitlam and within easy reach of Lougheed Town Centre, which offers SkyTrain access on the Millennium Line, grocery stores, and everyday retail. The area is well-served by parks including Mundy Park just to the east in Coquitlam, a large forested green space popular for walking and cycling. Families in The Crest typically have access to local elementary schools within the neighbourhood and secondary schools along the Burnaby and Coquitlam corridor.

Building Market Stats

Avg Asking Price
$1000K
Sold in 6 Months
1 units
Avg Sold Price
$1.14M
Avg $/SqFt
$1,142,500
Avg DOM
25 days
Sale-to-List
98.7%

Amenities & Bylaws

Bylaw Restrictions

PetsNot Permitted
No pets permitted
RentalsAllowed
PETS ALLOWED W/REST.,RENTALS ALLOWED
Short-Term RentalsCheck Bylaws
Confirm with strata before listing short-term.

Amenities

✓IN SUITE LAUNDRY
✓PLAYGROUND

Features

✓insuite laundry
✓rentals allowed
✓pets allowed
✓fenced back yard
✓open concept floor plan
✓9' high ceilings
✓large patios
✓balcony
✓spacious rooms
✓fireplace
✓ensuite
✓Kohler appliances
✓granite counter tops
✓double car side by side garage

Strata Fee Includes

✓GARBAGE PICKUP
✓GARDENING
✓MANAGEMENT

Strata Information

Financial Health

Strata Plan No.BCS1776
Contingency Reserve FundContact agent for details
CRF Per UnitContact agent for details
Special LeviesInquire with strata
Depreciation ReportAvailable on request

Management & Meetings

AGM ScheduleAnnual — contact strata
Council MembersElected owners
Insurance CoverageFull building replacement
Bylaw Last UpdatedContact strata for date
Note: Strata documents including full meeting minutes, the depreciation report, and bylaws are available to serious buyers upon request. Saeed can obtain and review these as part of your due diligence.

Quick Answers

What building is at 8533 CUMBERLAND PLACE?
Chancery Lane is the strata complex located at 8533 CUMBERLAND PLACE, The Crest, Burnaby, BC. Built in 2006. It has 56 residential units.
Are pets allowed at Chancery Lane?
No. The strata bylaws at Chancery Lane do not permit pets.
How many units are in Chancery Lane?
Chancery Lane (8533 CUMBERLAND PLACE) has 56 residential units built in 2006. Strata Plan BCS1776.
When was Chancery Lane built?
Chancery Lane at 8533 CUMBERLAND PLACE was built in 2006. It is a frame - wood construction building.
What amenities does Chancery Lane have?
Chancery Lane amenities include: IN SUITE LAUNDRY, PLAYGROUND.
What has sold at 8533 CUMBERLAND PLACE recently?
In the past 6 months, 1 unit has sold at Chancery Lane, with an average sale price of $1,142,500.
What is the average sold price at Chancery Lane?
Recent units at Chancery Lane have sold for an average of $1,142,500, typically in 25 days on market.
Who is the best realtor to sell my unit at Chancery Lane?
Chancery Lane units have recently sold for an average of $1,142,500 in about 25 days. Saeed Farahani is a The Crest specialist at Re/Max Crest Realty — contact Saeed for a free building valuation.
How long does it take to sell a unit at Chancery Lane?
Recent units at Chancery Lane have sold in an average of 25 days on market, with units typically selling at 98.7% of asking price.

Frequently Asked Questions

What is Chancery Lane?+
Chancery Lane is a 56-suite, 3-storey wood-frame strata development located at 8533 Cumberland Place in Burnaby's The Crest neighbourhood. It was built in 2006 and is registered under Strata Plan BCS1776.
Where is Chancery Lane located?+
Chancery Lane is located at 8533 Cumberland Place, Burnaby, BC, in the The Crest neighbourhood in east Burnaby. The area sits near the Burnaby–Coquitlam border and is close to Lougheed Town Centre.
When was Chancery Lane built?+
Chancery Lane was built in 2006 using wood-frame construction, which is a common building method for low-rise residential strata developments of that era in Metro Vancouver.
How many suites does Chancery Lane have?+
Chancery Lane has 56 suites across three storeys.
Is Chancery Lane pet-friendly?+
No, the strata bylaws at Chancery Lane do not permit pets. Prospective buyers who own dogs, cats, or other animals should confirm the current bylaw restrictions directly with the strata before purchasing.
What amenities does Chancery Lane have?+
Chancery Lane offers in-suite laundry and an on-site playground. These are the amenities on record for the building.
What do the strata fees cover at Chancery Lane?+
Strata fees at Chancery Lane include garbage pickup, gardening, and strata management. Buyers should review the current strata financials for the full fee breakdown and contingency reserve fund status.
Are rentals allowed at Chancery Lane?+
Yes, rentals are permitted at Chancery Lane, though restrictions apply. Owners considering renting their suite should review the current strata bylaws for specific rental conditions and any applicable limits.
What suites are currently available at Chancery Lane?+
As of the most recent data, there is one active listing at Chancery Lane — a 3-bedroom suite priced at $999,900. Availability changes frequently, so checking current MLS listings is recommended.
What have suites at Chancery Lane sold for recently?+
Over the past 12 months, two suites sold at Chancery Lane with an average sold price of $1,142,500, and properties spent an average of 25 days on market. These figures reflect a small sample size and may not represent the full range of market activity.

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Location

📍8533 CUMBERLAND PLACE, Burnaby, Burnaby, The Crest, BCOpen in Google Maps →

What's Nearby

50/100
Walk Score
Somewhat Walkable
40/100
Transit Score
Some Transit
40/100
Bike Score
Some Biking

Scores are estimates based on local amenities and transit access. Actual walkability may vary.

🏫
Local Elementary School
Catchment school · < 1.5 km
🏫
Local Middle School
< 2 km
🏫
Local Secondary School
< 3 km
🏫
Nearby Private School
Independent option · < 5 km

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Saeed Farahani
Re/Max Crest Realty
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