206 5687 Gray Ave, Vancouver BC V6S 0K7 – Condo for Sale – MLS® R3180663

206 5687 Gray Avenue, Vancouver, British Columbia V6S 0K7

8 days on the market
$850,000
Est. monthly cost $4,036/mo
Updated with MLS® -
Eton
2 Beds
2 Baths
878 sqft
968 $ /sqft
438.4 $ Maint. fee
2018 built
15.7% cheaper than comps
8 days on the market
$850,000
Est. $4,036/mo with 20% down
Updated with MLS® -

Property Details for 206 5687 Gray Avenue

15.7% cheaper than comps

Enjoy peaceful Westside living at Eton by Polygon in UBC's vibrant Wesbrook Village. This well-maintained, south-facing 2 bed, 2 bath home offers 878 sq ft in a concrete low-rise, with bedrooms on opposite sides for added privacy. Features include 9 ft ceilings, air conditioning, Bosch appliances, elegant marble tile finishes, a spa-inspired primary ensuite and a spacious laundry room. Landscaped grounds, a water feature and playground create a serene setting beside Pacific Spirit Park. Walk to shops, restaurants, the community centre, transit and University Hill Secondary. An inviting home combining everyday convenience with nature at your doorstep. EV charging stations avaliable.

Building Details

Price $850,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 878
Year Built 2018
Age Of Building 8
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Snow Removal, Water
Building Name Eton
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $438.4
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Snow Removal, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Number Limit (One), Yes With Restrictions
Rental Restrictions 100
Rental Suites None
Units In Development 272

Interior Features

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

Exterior Features

Exterior Features Garden, Playground, Balcony
Structures Multi Family, Residential Attached

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3180663
Area Vancouver West
Neighbourhood University VW
City Vancouver
Postal Code V6S 0K7
Gross Taxes $2,076.52
Zoning RES

Property Timeline

Status Date Price
R3180663 / Active 11-03-2026 $850,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Kitchen 12'0 x 12'0 ft
Main Level Dining Room 10'0 x 10'0 ft
Main Level Living Room 10'0 x 10'0 ft
Main Level Primary Bedroom 10'8 x 10'8 ft
Main Level Bedroom 9'3 x 9'3 ft
Main Level Laundry 8'6 x 8'6 ft
Main Level Walk-In Closet 7'5 x 7'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4

Listed by: Nu Stream 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.

About the building: Eton

3487 Binning Road, University VW, Vancouver

Eton building details

Building

Built
2019
Homes
272 in 20 storeys
Construction
Frame - Metal, Concrete
Title
Leasehold prepaid-Strata
Strata plan
EPS5421
Managed by
First Service Residential
Parking
Visitor Parking, Garage: Underground
Lockers
Limited
Strata fee covers
WaterSnow removalSewerRecreation FacilityManagementHot WaterHeatGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Eton

For sale
13
Median ask
$1.23M
Median $/sqft
$1,214
Days on market
67
Sold, past year
7
This home

$968/sqft, 20.3% below the building median of $1,214.

  • 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 2029 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, sell speed & climate

SkyTrain 7.62 km · University Hill Secondary School 8.4/10 · 0.59 km · crime average · sell-speed score 71/100 (likely within weeks) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (10 nearby)

  • éliane hair and spa · 242 m · Hairdresser
  • Wesbrook eyecare · 300 m · Optician
  • A perfect 10 nail spa · 307 m · Beauty Shop

Restaurants (9 nearby)

  • Poke by ryuu · 264 m · Restaurant
  • Jugo juice · 273 m · Fast Food
  • Togo sushi · 277 m · Restaurant

Cafes (3 nearby)

  • Blenz coffee · 264 m · Cafe
  • Starbucks · 390 m · Cafe
  • Field house cafe · 715 m · Cafe

Groceries (2 nearby)

  • Doughgirls · 333 m · Bakery
  • Bc liquor store · 362 m · Beverages

Healthcare (2 nearby)

  • Shoppers drug mart · 363 m · Healthcare
  • Save-on-foods pharmacy · 416 m · Healthcare

Transit (1 nearby)

  • Bus stop eastbound w 16 ave @ pacific spirit park · 897 m · Transit

Public Schools

Secondary
University Hill Secondary School
Above Average 0.59 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 2.21 km 7.3/10
Elementary, Secondary
St George's School
Above Average 2.45 km 10/10

Closest Transit

Bus Stop
Southbound Wesbrook Mall @ Birney Ave
0.25 km
Skytrain
Skytrain @ Yvr-Airport Stn
7.62 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

71 / 100
Overall sell-speed score
Likely within weeks
A
Price competition grade
Avg comparable: $1,007,940
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 7.62 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
8 DOM
Very fast
University VW avg
49 DOM
Average
Vancouver avg
49 DOM
Slower market

206 5687 Gray Avenue has a sell-speed score of 71/100, placing it in the "Expected to sell within weeks" band. The listing is priced 15.7% 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 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.

Climate Risk for V6S 0K7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6S 0K7, over the next 30 years.

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline. Nearest station: Vancouver International Airport #2, Richmond (~9.4 km). Annual avg AQHI 2.2 — Low Risk.

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

595 m

Norma Rose Point Elementary Junior

Public

Grades Served

K-8

Catchment Info

—
7.8 / 10

Distance

906 m

St Regis Secondary School

Independent

Grades Served

—

Catchment Info

—
7.3 / 10

Distance

2.21 KM

Queen Elizabeth Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.1 / 10

Distance

2.26 KM

University Hill Elementary School

Public

Grades Served

K-5

Catchment Info

—
7.9 / 10

Distance

2.37 KM

St George's School

Independent

Grades Served

1-12

Catchment Info

—
9.4 / 10

Distance

2.45 KM

Queen Mary Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

2.51 KM

West Point Grey Academy

Independent

Grades Served

K-12

Catchment Info

—
9.7 / 10

Distance

2.70 KM

Our Lady of Perpetual Help School

Independent

Grades Served

K-7

Catchment Info

—
8.6 / 10

Distance

2.81 KM

Pacific Spirit School

Independent

Grades Served

K-6

Catchment Info

—
N/A

Distance

2.82 KM

Lord Byng Secondary School

Public

Grades Served

8-12

Catchment Info

—
8.1 / 10

Distance

2.92 KM

Pre-computed routes from 206 5687 Gray Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via YVR-Airport → Waterfront
    120 min
  • Metrotown, Burnaby via YVR-Airport → Metrotown
    138 min
  • SFU Burnaby via YVR-Airport → Production Way
    145 min
  • Richmond Centre via YVR-Airport → Brighouse
    107 min
  • YVR Airport
    94 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 5687 Gray Ave, Vancouver, BC is ideally located for commuters. The property is 7.6 km from YVR-Airport, with a 120 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Wesbrook Mall @ Birney Ave (0.25 km).

Walkability & Transit Near 206 5687 Gray Avenue

Walk Score Badge
Very Walkable 79

Walk Score - Very Walkable

Most errands can be accomplished on foot
Bike Score Badge
Very Bikeable 88

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $4,036/month · rent estimate $3,060/month · owning catches up with renting by year 4 · cash flow if rented −$1,182/month

Mortgage Calculator for 206 5687 Gray Avenue

30-year fixed
$4,036 /month
Principal & Interest $3,425
Property Taxes $173
Maintenance fee $438

The estimated monthly cost of 206 5687 Gray Avenue, Vancouver is $4,036: $3,425 principal and interest with 20% down over 30 years at 4.45%, plus $173 property tax and $438 strata 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

−$1,182 /month
Mortgage Payment $3,425
Monthly Cash Flow −$1,182
Break Even Down Payment 48%
Cap Rate -1.7%
Cash on Cash -8.3%

If 206 5687 Gray Avenue, Vancouver were rented at $3,060 a month with 5% vacancy, it would fall $1,182 a month short of the mortgage and carrying costs; about 48% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 206 5687 Gray Avenue, Vancouver

$3,060 / month
Rent $3,060
Own $4,036
Principal: $1,102/mo Interest, tax, insurance, fees: $2,934/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$922/mo (year 1) → ~$2,145/mo (year 20) → ~$3,199/mo (year 29).

Net cost to own at year 5 ~$2,934/mo About $126/mo less than renting

EstateBlock estimates 206 5687 Gray Avenue, Vancouver would rent for about $3,060 a month.

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.

Rent vs own: 206 5687 Gray Avenue

Rent vs own

Owning catches up by year 4

With 20% down ($170,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $60,597
Principal paid off by year 10 $136,264

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 206 5687 Gray Avenue, Vancouver is cheaper at first, but owning catches up by year 4, with $60,597 of principal paid off by year 5 and $136,264 by year 10.

Price vs Neighbourhood Average — University VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $850,000
Vancouver Loading...
University VW Loading...

Based on 61 comparable active apartments/condos in University VW, the average asking price is $1,007,940. This listing is priced 15.7% below the neighbourhood average. This property is flagged as a Hot Deal (15.7% 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 5687 Gray Avenue

Walk Score Badge
Very Walkable 79

Walk Score - Very Walkable

Most errands can be accomplished on foot
Bike Score Badge
Very Bikeable 88

Bike Score - Very Bikeable

Biking is convenient for most trips

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