506 5687 Gray Ave, Vancouver, BC | MLS^® R2993364 Property Details

The Eton building built by Polygon in UBC Westbrook Village. South facing Top floor super bright two bedroom condo with a beautiful view.One of the best floor plan in this strata. Very rare to find the concrete low-rise building top floor level. This community futures fantastic landscaping and an impressive water feature. This South facing unit with very functional layout features top floor high ceiling, A/C, stylish interior with the top of the line Bosch appliances. Minutes walks to bus stop, shopping and U-Hill Secondary School and Norma Rose Point elementary. It is an ideal unit for living in or investment.LOW STRATA FEE, 1 Parking,1 Locker. fixed term tenant until June 2026.

General Info

Price $1,268,000

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 870

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2020

Age Of Building 5

Building Type Apartment/Condo

Property Type Residential

Architecture Style Penthouse

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Amenities Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R2993364

Area Vancouver West

Neighbourhood University VW

City Vancouver

Gross Taxes $1,776

Ownership Type Leasehold prepaid-Strata

Maintenance Fee $421.82

Amenities Nearby Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal, Water

Fixtures Included -

Heating & Cooling

Fireplace 0

Heating Type Heat Pump

Cooling Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Underground

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed

Pet Restrictions Yes With Restrictions

Rental Restrictions -

Zoning APT

Rental Suites None

Laundry In Unit

# of Kitchens 1

Foundation Concrete Perimeter

Interior Features Elevator

Locker 1

View -

View Description -

Units In Development -

Exterior Features Garden, Balcony

Sewer Public Sewer, Sanitary Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	10'10 x 10'10 ft
Main Level	Bedroom	9'2 x 9'2 ft
Main Level	Living Room	11'6 x 11'6 ft
Main Level	Dining Room	11'6 x 11'6 ft
Main Level	Kitchen	11'7 x 11'7 ft

Listed by: Luxmore Realty

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 506 5687 Gray Avenue, Vancouver, BC, MLS^® R2993364

As we walk through the charming neighborhood surrounding this beautiful home, you'll discover a vibrant community that offers the perfect blend of education, safety, and lifestyle amenities.

Education

This home is serviced by University Hill Secondary School, a highly-rated institution located just 0.59 km away. With a rating of No Rating, parents can rest assured that their children will receive a top-notch education. For younger students, Eaton Arrowsmith School, an independent elementary school, is just 1.37 km from this property, offering a unique and supportive learning environment.

Safety

According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 7,880.54, which is comparable to other Canadian cities. However, the low rate of violent lawbreaking disorders (1,012.18) gives residents peace of mind, knowing they live in a safe and secure community. The property crimes in the area are above average, but the overall crime rate has decreased by 20.79% year over year.

Demographics

This neighborhood boasts a high percentage of residents with a university certificate or degree (51.7%), which is significantly higher than the average in BC. Conversely, only 7.6% of the population has no certificate or degree, making it a hub for educated and ambitious individuals. The median household income is $39,104, which is slightly lower than the BC average, while the median personal income is $17,984, also lower than the provincial average.

Transit and Commuting

The closest bus station, Southbound Wesbrook Mall @ Birney Ave, is just 0.26 km away from this property, making it an ideal location for those who rely on public transportation. With 24.1% of the population using public transport, this neighborhood is well-connected to the rest of Vancouver. Additionally, 41.6% of residents use cars, while 11% opt for bicycles, and 22.4% walk or use other modes of transportation.

Lifestyle Amenities

This area offers a range of lifestyle amenities, including parks, beaches, and trails, making it an ideal location for outdoor enthusiasts. The proximity to shopping malls, grocery stores, restaurants, and coffee shops ensures that residents have access to all the necessities and luxuries of city living.

Real Estate Context

The average value of dwellings in this neighborhood is $861,809, which is significantly higher than the average in other areas of British Columbia. The average owner payments are also high, with owners spending $1,814 on average for their dwelling. Tenants, on the other hand, pay $1,963 on average, which is also higher than the average in other cities. With 54.3% of the population renting, this neighborhood is a hub for renters looking for a convenient and affordable place to call home.

Additional Insights

The population density per square kilometer is 560.7, which is average compared to other neighborhoods in BC. The average size of families in this area is 3, which is above average. The percentage of families with children is high (79.1%), while the percentage of married or living common law is below average (52.8%). The average age of the population is 33.5, which is lower than the average in other BC cities.

Experience the Best of Vancouver

As a trusted and experienced realtor, I invite you to experience the best of Vancouver's neighborhoods. With its exceptional education system, safe and secure environment, and vibrant lifestyle amenities, 506 5687 Gray Avenue, Vancouver, BC, MLS^® R2993364, is the perfect home for those seeking a comfortable and convenient lifestyle.