505 5687 Gray Ave, Vancouver, BC, MLS® R3082322

$799,900
Est. Mortgage /mo

NEW

$799,900
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 307.25 Maint. Fee
636 sqft
2019 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

505 5687 Gray Ave, Vancouver, BC | MLS® R3082322 Property Details

TOP FLOOR south facing unit at Eton located in the vibrant UBC university campus and built by award winning developer Polygon. One bedroom + den with functional layout. Bright and spacious living and dinning area. Open concept kitchen with Bosch appliances and gas stove. The unit features air-conditioning, 9' ceilings, laminate flooring in living/dinning area, good sized den, and southern exposure balcony with campus view. Walking distance to campus, U-Hill secondary and Norma Rose Point elementary. Steps to shopping, transit, campus amenities and the trails of park. Come and see!

General Info

Price $799,900
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 636
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2019
Age Of Building 7
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3082322
Area Vancouver West
Neighbourhood University VW
City Vancouver
Gross Taxes $1,493.07
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $307.25
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Heat Pump
Cooling Central Air, Air Conditioning

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Lane Access, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning SC-3A
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed
Foundation Concrete Perimeter
Interior Features Elevator
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Regent Park Realty Inc.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
University Hill Secondary School
0.59 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Eaton Arrowsmith School
1.37 km
Elementary, Secondary
Eaton Arrowsmith School
1.37 km

Closest Transit

Bus Stop
Southbound Wesbrook Mall @ Birney Ave
0.26 km
Skytrain
Skytrain @ Yvr-Airport Stn
7.59 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 505 5687 Gray Avenue, Vancouver, BC - Your Dream Home Awaits

As we step into the heart of Vancouver's University VW neighborhood, you'll discover a charming community that offers the perfect blend of convenience, amenities, and lifestyle. Let's take a closer look at what makes this area so special.

Education:

Located at 505 5687 Gray Avenue, this property is serviced by the highly-rated University Hill Secondary School, just a 0.59 km walk away. This esteemed institution boasts a No Rating, which is a testament to its commitment to academic excellence. For younger students, Eaton Arrowsmith School, a No-Rated Elementary independent school, is a short 1.37 km drive away.

Safety and Crime Rate:

According to the latest crime data from Statistics Canada (2020), this neighborhood has a relatively low crime rate of 7,880.54 incidents per 100,000 population, which is Average compared to other Canadian cities. The year-over-year change in the total crime rate is a remarkable -20.79%. This indicates a safer and more secure community for you and your loved ones.

Demographics:

The University VW neighborhood, where 505 5687 Gray Avenue is located, is home to a diverse population with a high proportion of university-educated individuals (51.7%), which is High compared to other BC neighborhoods. In contrast, only 7.6% of the population has no certificate or degree, making this area an attractive choice for families and professionals alike.

Transit and Commuting:

Getting around Vancouver is a breeze, thanks to the convenient proximity of the Southbound Wesbrook Mall @ Birney Ave bus station, just 0.26 km away from this property. With a range of transportation options available, you can easily access the city's amenities and attractions.

Lifestyle Amenities:

This neighborhood offers an array of lifestyle amenities, including:

  • Parks and beaches: Enjoy the great outdoors at nearby parks and beaches, perfect for picnics, walks, or family outings.
  • Shopping malls: Visit local shopping centers, like the University Village, for a variety of retail and dining options.
  • Restaurants and coffee shops: Savor the flavors of Vancouver's diverse culinary scene at nearby eateries and cafes.
  • Hospitals: Easy access to nearby medical facilities ensures peace of mind for you and your family.

Real Estate Context:

The average dwelling value in this neighborhood is $861,809, which is High compared to other areas in British Columbia. The average owner payments are also High, with homeowners spending an average of $1,814 per month. Tenants, on the other hand, are paying an average of $1,963 per month, making this area an attractive choice for investors and homeowners alike.

Community Insights:

  • Population change between 2011 and 2016: 97.9%, which is High compared to average growth rates in this region.
  • Population density per square kilometer: 560.7, which is Average.
  • Average family size: 3, which is Above Average.
  • Percent of families with children: 79.1%, which is High.
  • Average age of the population: 33.5, which is Low compared to other BC cities.

Come and Experience the Best of University VW Neighborhood

505 5687 Gray Avenue, Vancouver, BC MLS® R3082322 is a rare opportunity to own a piece of Vancouver's vibrant University VW neighborhood. With its excellent schools, low crime rate, and convenient amenities, this property is the perfect choice for families, professionals, and investors alike. Don't miss out on this incredible opportunity to make 505 5687 Gray Avenue your dream home!

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $799,900
Vancouver $676,807
University VW $738,000
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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