206 5681 Birney Ave, Vancouver BC – Condo for Sale – MLS® R3088303

206 5681 Birney Avenue, Vancouver, British Columbia V6S 0L5

255 days on the market
$955,000
Est. Mortgage $4,225/mo
Listing updated:
EstateBlock checked:
Ivy On The Park
2 Beds
2 Baths
761 sqft
1255 $ /sqft
502.79 $ Maint. fee
2021 built
10.4% price reduction 18% cheaper than comps
255 days on the market
$955,000
$1,066,000
Est. $4,225/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 206 5681 Birney Avenue

10.4% price reduction 18% cheaper than comps

Modern concrete living at UBC’s Ivy on the Park by Wall Financial. This 5-year-old south-facing 2-bed, 2-bath home features 9’ ceilings and a functional layout with bedrooms separated by open living and dining areas. Open kitchen with granite counters, Bosch appliances, gas range, and large laundry/storage. Hardwood floors, central heating/cooling, and heated bathroom floors. Two private south-facing balconies with walkout access from living and dining. 7-day concierge. 1 parking and 1 locker. Amenities include fitness room, study/library, yoga studio, clubhouse, and patio. Steps to Wesbrook Village, forest, and U-Hill Secondary.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator
Heating Type Heat Pump
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Playground, Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $955,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 761
Year Built 2021
Age Of Building 5
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Name Ivy On The Park
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $502.79
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Lane Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Suites None
Units In Development 226

Lot & Land

MLS® # R3088303
Area Vancouver West
Neighbourhood University VW
City Vancouver
Postal Code V6S 0L5
Gross Taxes $1,864.11
Zoning RES

Property Timeline

Status Date Price
R3088303 / Active 02-09-2026 $955,000
Rooms
Floor Type Dimensions
Main Level Living Room 14'4 x 14'4 ft
Main Level Dining Room 7'6 x 7'6 ft
Main Level Kitchen 9'2 x 9'2 ft
Main Level Primary Bedroom 10'5 x 10'5 ft
Main Level Bedroom 11'1 x 11'1 ft
Main Level Laundry 8'1 x 8'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #3

Listed by: RE/MAX Crest 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.

About the building: Ivy on the Park

5629 Birney Avenue, University VW, Vancouver

Ivy on the Park building details

Building

Built
2021
Homes
226 in 22 storeys
Construction
Concrete
Title
Leasehold prepaid-Strata
Strata plan
EPS6944
Managed by
Rancho Management
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
Snow removalRecreation FacilityManagementHot WaterGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Ivy on the Park

For sale
6
Median ask
$897K
Median $/sqft
$1,365
Days on market
130
Sold, past year
11
This home

$1,255/sqft, 8.1% below the building median of $1,365.

  • Leasehold prepaid-Strata, not freehold strata. Ask for the lease expiry date, the prepaid rent position, and which lenders will finance it.
  • Structural warranty runs to 2031 under BC's 2-5-10 new-home warranty.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map & Neighbourhood

Public Schools

Secondary
University Hill Secondary School
Above Average 0.57 km 8.4/10

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

Private Schools

Elementary
St Regis Secondary School
Above Average 2.07 km 7.3/10
Elementary, Secondary
St George's School
Above Average 2.52 km 10/10

Closest Transit

Bus Stop
Southbound Wesbrook Mall @ Birney Ave
0.23 km
Skytrain
Skytrain @ Yvr-Airport Stn
7.77 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average 51.7%
No Certificate/Degree
Below Average 7.6%
Owner Occupied
Below Average 59.5%
Employment Rate
Above Average 79.1%

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

Sell Speed & Competition

73 / 100
Overall sell-speed score
Likely within weeks
A
Price competition grade
Avg comparable: $1,126,900
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 7.77 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How UNIVERSITY VW compares
This property
255 DOM
Slower than area
University VW avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

206 5681 Birney Avenue has a sell-speed score of 73/100, placing it in the "Expected to sell within weeks" band. The listing is priced 18% below comparable active properties in University VW, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 16.1% and an area average of 49 days on market — conditions are balanced. With only 1245 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Nearby Restaurants, Cafes & Shops

Shopping (10 nearby)

  • éliane hair and spa · 187 m · Hairdresser
  • Running room · 246 m · Sports Shop
  • Wesbrook eyecare · 251 m · Optician

Restaurants (9 nearby)

  • Poke by ryuu · 218 m · Restaurant
  • Jugo juice · 223 m · Fast Food
  • Freshii · 251 m · Restaurant

Cafes (3 nearby)

  • Blenz coffee · 245 m · Cafe
  • Starbucks · 335 m · Cafe
  • Field house cafe · 621 m · Cafe

Groceries (2 nearby)

  • Doughgirls · 281 m · Bakery
  • Bc liquor store · 313 m · Beverages

Healthcare (2 nearby)

  • Shoppers drug mart · 339 m · Healthcare
  • Save-on-foods pharmacy · 367 m · Healthcare

Transit (1 nearby)

  • Bus stop westbound university blvd @ 5100 block · 994 m · Transit

Schools NearBy

11 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

University Hill Secondary School

Public

Grades Served

9-12

Catchment Info

In Catchment
8.4 / 10

Distance

569 m

Norma Rose Point Elementary Junior

Public

Grades Served

K-8

Catchment Info

—
7.8 / 10

Distance

756 m

St Regis Secondary School

Independent

Grades Served

—

Catchment Info

—
7.3 / 10

Distance

2.08 KM

University Hill Elementary School

Public

Grades Served

K-5

Catchment Info

—
7.9 / 10

Distance

2.21 KM

Queen Elizabeth Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.1 / 10

Distance

2.27 KM

Queen Mary Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

2.45 KM

St George's School

Independent

Grades Served

1-12

Catchment Info

—
9.4 / 10

Distance

2.52 KM

West Point Grey Academy

Independent

Grades Served

K-12

Catchment Info

—
9.7 / 10

Distance

2.65 KM

Pacific Spirit School

Independent

Grades Served

K-6

Catchment Info

—
N/A

Distance

2.77 KM

Our Lady of Perpetual Help School

Independent

Grades Served

K-7

Catchment Info

—
8.6 / 10

Distance

2.78 KM

Lord Byng Secondary School

Public

Grades Served

8-12

Catchment Info

—
8.1 / 10

Distance

2.93 KM

Pre-computed routes from 206 5681 Birney Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via YVR-Airport → Waterfront
    122 min
  • Metrotown, Burnaby via YVR-Airport → Metrotown
    140 min
  • SFU Burnaby via YVR-Airport → Production Way
    147 min
  • Richmond Centre via YVR-Airport → Brighouse
    109 min
  • YVR Airport
    96 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    11 min
  • Metrotown, Burnaby via Lougheed Hwy
    20 min
  • SFU Burnaby via Gaglardi Way
    27 min
  • Richmond Centre via No. 3 Rd
    14 min
  • YVR Airport via Bridgeport / Sea Island
    9 min

Calculate your commute

206 5681 Birney Ave, Vancouver, BC is ideally located for commuters. The property is 7.8 km from YVR-Airport, with a 122 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Wesbrook Mall @ Birney Ave (0.23 km).

Walkability & Transit Near 206 5681 Birney Avenue

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
93

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

Mortgage Calculator for 206 5681 Birney Avenue

/month
Principal & Interest
Property Taxes $155
Maintenance fee 502.79
Based on a 30-year fixed at 4% interest with 20% down ($191,000), the estimated monthly payment for this listing is $4,305/month — $3,647 principal & interest, $155 property tax, $503 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $3,266/month, this property runs a $1,099/month shortfall after mortgage and carrying costs. Break-even requires approximately 45% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 206 5681 Birney Avenue, Vancouver

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

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Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — University VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $955,000
Vancouver Loading...
University VW Loading...

Based on 28 comparable active apartments/condos in University VW, the average asking price is $1,164,313. This listing is priced 18% below the neighbourhood average. This property is flagged as a Hot Deal (10.4% price reduction, 18% cheaper than comparables) based on its competitive pricing and market demand.

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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 206 5681 Birney Avenue

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
93

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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