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Buildings›Simon Fraser Univer.›Novo 1
167 Units9 StoreysBuilt 2004CONCRETE3 Active

Novo 1 — 9288 UNIVERSITY CRESCENT, Simon Fraser Univer., Burnaby, BC

Nine-storey concrete strata at SFU's UniverCity neighbourhood in Burnaby
Avg Sold Price
$453K
Avg $/sq ft
$208,815
Avg Days on Market
24d
Sold Price Trend
3 recorded sales, $324K (2026-04) → $410K (2026-08) +26.5%

Homes For Sale (3)

ListedUnit / AddressBedsBathsPriceTier$/sqftSqftDOMStrata FeeTaxListed By
Jul 16, 26303 9298 UNIVERSITY CRESCENT22$545,778Lowest$60190879d$538/mo$1,943/yrRE/MAX Crest Realty
Sep 23, 26307 9298 UNIVERSITY CRESCENT22$599,000$5441,10110d$648/mo$2,270/yrSutton Group-West Co…
Jul 31, 26501 9298 UNIVERSITY CRESCENT22$599,000$65791264d$560/mo$2,047/yrOakwyn Realty Ltd.
Median (3 units)$599,000$60191264d$560/mo$2,047/yr

Sold History at Novo 1

3 units have sold at Novo 1 in the past 6 months, with an average sale price of $453,000 ($208,815/sq ft).

DateUnit / AddressBedsBathsvs AskingSold Price$/sqftSqftDOMStrata FeeTaxListed By
Aug 25, 26303 9288 UNIVERSITY CRESCENT11View →View Sold Price →—6018d$356/mo$1,395/yrSutton Group - 1st W…
Jul 1, 26904 9288 UNIVERSITY CRESCENT22View →View Sold Price →—1,05429d$602/mo$2,681/yrRennie & Associates …
Apr 5, 26302 9288 UNIVERSITY CRESCENT11View →View Sold Price →—42434d$246/mo$996/yrOakwyn Realty Ltd.
Median (3 units)———60129d$356/mo$1,395/yr
What's your unit at Novo 1 worth?
3 units sold here in the past 6 months, averaging $453,000 in 24 days. Get a free, no-obligation valuation based on what's actually selling in this building.
Market Summary

There are currently 3 active homes for sale at Novo 1 at 9288 UNIVERSITY CRESCENT, ranging from $546K to $599K. Recent sold units have averaged $453K, selling in about 24 days on average (≈$208,815/sq ft). Novo 1 is a concrete building of 167 units built in 2004 located in Simon Fraser Univer..

Building Details

Address9288 UNIVERSITY CRESCENT, Burnaby
Total Units167
Units in Strata167
Storeys9
Year Built2004
ConstructionCONCRETE
Strata PlanBCS1046
Pet PolicyNo pets permitted

About This Building

Novo 1 is a nine-storey concrete strata building located at 9288 University Crescent in Burnaby's Simon Fraser University neighbourhood, commonly known as UniverCity. Completed in 2004 under Strata Plan BCS1046, the building contains 167 suites across its nine storeys. Construction is concrete, which is typical of the mid-2000s residential developments on Burnaby Mountain. The strata does not list dedicated amenity spaces, so residents should confirm what common areas are available directly with the strata manager. The building's bylaws do not permit pets, so prospective buyers who own animals will want to factor that into their decision. Rentals are permitted with restrictions, making Novo 1 a consideration for investors as well as owner-occupiers. Monthly strata fees cover caretaker services, garbage pickup, gardening, hot water, management, and access to a recreation facility, giving owners a reasonable sense of what operating costs are included in their monthly contribution.

Location & Neighbourhood

Novo 1 sits within the UniverCity community on Burnaby Mountain, adjacent to Simon Fraser University's main campus, which provides residents with easy access to on-mountain transit, walking trails, and the UniverCity Childcare and community amenities. The area is served by frequent bus routes connecting Burnaby Mountain to Production Way–University SkyTrain Station, making it practical for commuters heading into Metro Vancouver. Nearby Burnaby Mountain Conservation Area offers extensive trail networks, and the UniverCity town square provides everyday retail, dining, and services within walking distance.

Building Market Stats

Avg Asking Price
$581K
Sold in 6 Months
3 units
Avg Sold Price
$453K
Avg $/SqFt
$208,815
Avg DOM
24 days
Sale-to-List
96%

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

✓NONE

Features

✓Laminate, hardwood and ceramic tile floors
✓Floor to ceiling windows
✓Cosy fireplaces
✓Washers and driers
✓Open concept kitchen-dining-living areas
✓Imported granite counters in kitchens and bathrooms
✓Large balconies and patios
✓Gym and sauna
✓Bike room
✓Visitor parking

Strata Fee Includes

✓CARETAKER
✓GARBAGE PICKUP
✓GARDENING
✓HOT WATER
✓MANAGEMENT
✓RECREATION FACILITY

Strata Information

Financial Health

Strata Plan No.BCS1046
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 9288 UNIVERSITY CRESCENT?
Novo 1 is the strata complex located at 9288 UNIVERSITY CRESCENT, Simon Fraser Univer., Burnaby, BC. Built in 2004. It has 167 residential units.
Are pets allowed at Novo 1?
No. The strata bylaws at Novo 1 do not permit pets.
How many units are in Novo 1?
Novo 1 (9288 UNIVERSITY CRESCENT) has 167 residential units built in 2004. Strata Plan BCS1046.
When was Novo 1 built?
Novo 1 at 9288 UNIVERSITY CRESCENT was built in 2004. It is a concrete construction building.
What amenities does Novo 1 have?
Novo 1 amenities include: NONE.
What has sold at 9288 UNIVERSITY CRESCENT recently?
In the past 6 months, 3 units have sold at Novo 1, with an average sale price of $453,000.
What is the average sold price at Novo 1?
Recent units at Novo 1 have sold for an average of $453,000, typically in 24 days on market.
Who is the best realtor to sell my unit at Novo 1?
Novo 1 units have recently sold for an average of $453,000 in about 24 days. Saeed Farahani is a Simon Fraser Univer. specialist at Re/Max Crest Realty — contact Saeed for a free building valuation.
How long does it take to sell a unit at Novo 1?
Recent units at Novo 1 have sold in an average of 24 days on market, with units typically selling at 96% of asking price.

Frequently Asked Questions

What is Novo 1?+
Novo 1 is a nine-storey concrete strata building at 9288 University Crescent in Burnaby's Simon Fraser University neighbourhood. Built in 2004, it contains 167 suites and is registered under Strata Plan BCS1046.
Where is Novo 1 located?+
Novo 1 is located at 9288 University Crescent in Burnaby, within the UniverCity community on Burnaby Mountain adjacent to Simon Fraser University. The neighbourhood is part of the Metro Vancouver region.
When was Novo 1 built?+
Novo 1 was built in 2004 using concrete construction. This method is consistent with the mid-2000s strata developments that make up much of UniverCity's residential stock.
How many suites does Novo 1 have?+
Novo 1 contains 167 suites spread across nine storeys.
Is Novo 1 pet-friendly?+
No. The strata bylaws at Novo 1 do not permit pets. Buyers with dogs, cats, or other animals should be aware of this restriction before purchasing.
Are rentals allowed at Novo 1?+
Rentals are permitted at Novo 1, though restrictions apply. Prospective investors should review the current strata bylaws to confirm any specific conditions on rental suites.
What do the strata fees cover at Novo 1?+
Strata fees at Novo 1 include caretaker services, garbage pickup, gardening, hot water, strata management, and access to a recreation facility. Owners should confirm the current fee amount with the strata manager, as fees are subject to change.
What suites are currently available at Novo 1?+
As of the most recent data, there are 3 active listings at Novo 1, all of which are two-bedroom suites. Availability changes frequently, so checking current MLS listings is recommended.
What is the price range for suites at Novo 1?+
Active listings at Novo 1 are currently priced from $545,778 to $624,900 CAD. These figures reflect current asking prices and may not represent final sale values.
What is the average sold price at Novo 1?+
Over the past 12 months, three suites sold at Novo 1 at an average price of $453,000 CAD, with an average of 24 days on market. Sales volumes are relatively low, so these figures should be interpreted with caution.

Other Buildings in This Complex

Part of the NOVO 1 complex — buildings share common neighbourhood amenities.
9298 University Crest
9298 UNIVERSITY CREST
Built
2005
Active Now
3 homes
View Building
Novo
9298 UNIVERSITY CRESCENT
Built
2005
Units
167
Active Now
3 homes
View Building

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Location

📍9288 UNIVERSITY CRESCENT, Burnaby, Burnaby, Simon Fraser Univer., 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
📍 9288 UNIVERSITY CRESCENT
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