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Buildings›Simon Fraser Univer.›Novo
167 Units9 StoreysBuilt 2005CONCRETE3 Active

Novo — 9298 UNIVERSITY CRESCENT, Simon Fraser Univer., Burnaby, BC

Nine-storey concrete strata at SFU with in-suite laundry and mountain-area living
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

3 units have sold at Novo 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 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 at 9298 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 is a concrete building of 167 units built in 2005 located in Simon Fraser Univer..

Building Details

Address9298 UNIVERSITY CRESCENT, Burnaby
Total Units167
Units in Strata167
Storeys9
Year Built2005
ConstructionCONCRETE
Strata PlanBCS1046
Pet PolicyNo pets permitted

About This Building

Novo is a nine-storey concrete strata building located at 9298 University Crescent in Burnaby's Simon Fraser University neighbourhood. Completed in 2005 under Strata Plan BCS1046, the building contains 167 suites and is constructed of concrete, offering the solid build quality and sound attenuation that concrete mid-rise construction typically provides. Residents have access to an exercise centre, bike room, and elevator, and each suite includes in-suite laundry. The strata's monthly fees cover caretaker services, garbage pickup, gardening, hot water, building management, and use of the recreation facility — a reasonable all-in package for a building of this type. Rentals are permitted with restrictions. Regarding pets, the strata bylaws do not permit pets. Novo suits buyers looking for a well-serviced concrete building on Burnaby Mountain with proximity to Simon Fraser University and the amenities of the UniverCity community.

Location & Neighbourhood

Novo sits within the UniverCity community on Burnaby Mountain, directly adjacent to Simon Fraser University's Burnaby campus. The neighbourhood features grocery options, cafés, a childcare centre, and green space along the mountain trails, all within walking distance. Transit access is provided by TransLink bus routes connecting to Production Way–University SkyTrain Station, making commutes to Metro Vancouver's broader transit network practical.

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

✓BIKE ROOM
✓ELEVATOR
✓EXERCISE CENTRE
✓IN SUITE LAUNDRY

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 9298 UNIVERSITY CRESCENT?
Novo is the strata complex located at 9298 UNIVERSITY CRESCENT, Simon Fraser Univer., Burnaby, BC. Built in 2005. It has 167 residential units.
Are pets allowed at Novo?
No. The strata bylaws at Novo do not permit pets.
How many units are in Novo?
Novo (9298 UNIVERSITY CRESCENT) has 167 residential units built in 2005. Strata Plan BCS1046.
When was Novo built?
Novo at 9298 UNIVERSITY CRESCENT was built in 2005. It is a concrete construction building.
What amenities does Novo have?
Novo amenities include: BIKE ROOM, ELEVATOR, EXERCISE CENTRE, IN SUITE LAUNDRY.
What has sold at 9298 UNIVERSITY CRESCENT recently?
In the past 6 months, 3 units have sold at Novo, with an average sale price of $453,000.
What is the average sold price at Novo?
Recent units at Novo 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?
Novo 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?
Recent units at Novo 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?+
Novo is a nine-storey concrete strata building at 9298 University Crescent in the Simon Fraser University neighbourhood of Burnaby, BC. Built in 2005 under Strata Plan BCS1046, it contains 167 suites and is part of the UniverCity community on Burnaby Mountain.
Where is Novo located?+
Novo is located at 9298 University Crescent, Burnaby, BC, in the Simon Fraser University subarea on Burnaby Mountain. The building is steps from the SFU Burnaby campus and the UniverCity neighbourhood centre.
When was Novo built?+
Novo was built in 2005 and is constructed of concrete. It is registered under Strata Plan BCS1046.
How many suites does Novo have?+
Novo contains 167 suites across nine storeys.
What amenities does Novo have?+
Novo offers an exercise centre, bike room, elevator, and in-suite laundry in each suite.
What do the maintenance fees at Novo cover?+
The strata fees at Novo include caretaker services, garbage pickup, gardening, hot water, building management, and use of the recreation facility.
Is Novo pet-friendly?+
No — the strata bylaws at Novo do not permit pets.
Are rentals allowed at Novo?+
Yes, rentals are permitted at Novo, though restrictions apply. Prospective investors or landlords should confirm current rental bylaw details with the strata or a licenced real estate professional.
What suites are currently available at Novo?+
As of the most recent data, there are three active listings at Novo, all two-bedroom suites, priced from $545,778 to $624,900 CAD. Availability changes frequently, so check with a local REALTOR® for the current selection.
What is the average sold price at Novo?+
Over the past 12 months, three suites sold at Novo with an average sold price of $453,000 CAD and an average of 24 days on market. These figures reflect a small sample and may not represent the full market range.

Other Buildings in This Complex

Part of the NOVO complex — buildings share common neighbourhood amenities.
9298 University Crest
9298 UNIVERSITY CREST
Built
2005
Active Now
3 homes
View Building
Novo 1
9288 UNIVERSITY CRESCENT
Built
2004
Units
167
Active Now
3 homes
View Building

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Location

📍9298 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
📍 9298 UNIVERSITY CRESCENT
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