Home Vancouver, BC University VW Sail 210 5981 Gray Avenue

210 5981 Gray Ave, Vancouver BC V6S 0G1 – Condo for Sale – MLS® R3149321

210 5981 Gray Avenue, Vancouver, British Columbia V6S 0G1

Vancouver Condos for Sale

111 days on the market

$849,000

Est. monthly cost $4,020/mo

Updated with MLS® - Nov 11, 2026 at 08:45am

2 Beds

2 Baths

882 sqft

963 $ /sqft

459.23 $ Maint. fee

2014 built

Photos

A really good opportunity to own a home or investment property in UBC Wesbrook. Features include a premium granite kitchen countertop, modern appliances, and a quiet orientation. located just steps from Wesbrook Community Centre, Save-on-Foods Supermarket, dining, and transit. minutes to U Hill Second School. One parking one locker,fix-term rental till April 30, 2026

Building 25 fields Inside & out 9 fields Lot & land 8 fields

Building Details

Price	$849,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	882
Year Built	2014
Age Of Building	12
Building Type	Apartment/Condo
Unit Style	Upper unit
Property Type	Residential
Stories	1
Building Amenities	Trash, Maintenance Grounds, Sewer, Snow Removal
Ownership Type	Leasehold prepaid-Strata
Maintenance Fee	$459.23
Community Features	Shopping Nearby
Amenities Nearby	Trash, Maintenance Grounds, Sewer, Snow Removal
Utility Type	Community, Electricity Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public, Community
Parking Type	Underground, Rear Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions
Units In Development	77

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type	Hot Water, Radiant
# of Kitchens	1
Flooring	Laminate
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony, Private Yard
Structures	Multi Family, Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3149321
Area	Vancouver West
Neighbourhood	University VW
City	Vancouver
Postal Code	V6S 0G1
Gross Taxes	$1,685
Zoning	APT

Property Timeline

Status	Date	Price
R3149321 / Active	07-23-2026	$849,000

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	12'3 x 12'3 ft
Main Level	Bedroom	10'8 x 10'8 ft
Main Level	Den	6'5 x 6'5 ft
Main Level	Dining Room	7'2 x 7'2 ft
Main Level	Kitchen	7'5 x 7'5 ft
Main Level	Living Room	13'4 x 13'4 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#4

Listed by: Royal Pacific Realty (Kingsway) Ltd.

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: Sail

5983 Gray Avenue, University VW, Vancouver

Sail building details

Building

Built: 2013
Homes: 172 in 6 storeys
Construction: Frame - Wood
Title: Leasehold prepaid-Strata
Strata plan: EPS1525
Managed by: Associa
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: Snow removalManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 1
Rentals: Allowed

Market at Sail

For sale: 10
Median ask: $949K
Median $/sqft: $1,038
Days on market: 87
Sold, past year: 3

This home

$963/sqft, 7.2% below the building median of $1,038.

Leasehold prepaid-Strata, not freehold strata. Ask for the lease expiry date, the prepaid rent position, and which lenders will finance it.

Homes for sale at Sail, Vancouver Recent sold listings in Sail, Vancouver

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 · 0.61 km · crime average · sell-speed score 63/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (10 nearby)

éliane hair and spa · 254 m · Hairdresser
Wesbrook eyecare · 312 m · Optician
A perfect 10 nail spa · 319 m · Beauty Shop

Restaurants (9 nearby)

Poke by ryuu · 275 m · Restaurant
Jugo juice · 284 m · Fast Food
Togo sushi · 289 m · Restaurant

Cafes (3 nearby)

Blenz coffee · 276 m · Cafe
Starbucks · 402 m · Cafe
Field house cafe · 726 m · Cafe

Groceries (2 nearby)

Doughgirls · 345 m · Bakery
Bc liquor store · 374 m · Beverages

Healthcare (2 nearby)

Shoppers drug mart · 375 m · Healthcare
Save-on-foods pharmacy · 428 m · Healthcare

Transit (1 nearby)

Bus stop eastbound sw marine dr @ wesbrook mall · 1000 m · Transit

Public Schools

Secondary
University Hill Secondary School: Above Average 0.61 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 2.22 km 7.3/10
Elementary, Secondary
St George's School: Above Average 2.43 km 10/10

Closest Transit

Bus Stop
Southbound Wesbrook Mall @ Birney Ave: 0.27 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

63 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $956,607

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

111 DOM

Slower than area

University VW avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

210 5981 Gray Avenue has a sell-speed score of 63/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 11.2% 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 may take several weeks to attract serious offers.

Climate Risk for V6S 0G1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6S 0G1, 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

12 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 607 m
Norma Rose Point Elementary Junior	Public	Grades Served K-8	Catchment Info —	7.8 / 10	Distance 910 m
St Regis Secondary School	Independent	Grades Served —	Catchment Info —	7.3 / 10	Distance 2.22 KM
Queen Elizabeth Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.25 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 2.43 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 2.69 KM
Our Lady of Perpetual Help School	Independent	Grades Served K-7	Catchment Info —	8.6 / 10	Distance 2.80 KM
Pacific Spirit School	Independent	Grades Served K-6	Catchment Info —	N/A	Distance 2.81 KM
Lord Byng Secondary School	Public	Grades Served 8-12	Catchment Info —	8.1 / 10	Distance 2.91 KM
Southlands Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 3.00 KM

Pre-computed routes from 210 5981 Gray Ave, Vancouver, BC

210 5981 Gray Ave, Vancouver, BC YVR-Airport 7.6 km

120 min

Downtown Vancouver Waterfront Station

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

210 5981 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 (0.27 km).

Walkability & Transit Near 210 5981 Gray Avenue

Very Walkable 79

Walk Score - Very Walkable

Most errands can be accomplished on foot

Very Bikeable 86

Bike Score - Very Bikeable

Biking is convenient for most trips

Costs & calculators

Monthly cost about $4,020/month · rent estimate $3,056/month · owning catches up with renting by year 4 · cash flow if rented −$1,170/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 210 5981 Gray Avenue

$4,020 /month

Principal & Interest $3,421

Property Taxes $140

Maintenance fee $459

The estimated monthly cost of 210 5981 Gray Avenue, Vancouver is $4,020: $3,421 principal and interest with 20% down over 30 years at 4.45%, plus $140 property tax and $459 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

−$1,170 /month

Mortgage Payment $3,421

Monthly Cash Flow −$1,170

Break Even Down Payment 48%

Cap Rate -1.7%

Cash on Cash -8.3%

If 210 5981 Gray Avenue, Vancouver were rented at $3,056 a month with 5% vacancy, it would fall $1,170 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 210 5981 Gray Avenue, Vancouver

$3,056 / month

Rent $3,056

Own $4,020

Principal: $1,100/mo Interest, tax, insurance, fees: $2,920/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$921/mo (year 1) → ~$2,142/mo (year 20) → ~$3,195/mo (year 29).

Net cost to own at year 5 ~$2,920/mo About $136/mo less than renting

EstateBlock estimates 210 5981 Gray Avenue, Vancouver would rent for about $3,056 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: 210 5981 Gray Avenue

Rent vs own

Owning catches up by year 4

With 20% down ($169,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $60,526

Principal paid off by year 10 $136,103

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 210 5981 Gray Avenue, Vancouver is cheaper at first, but owning catches up by year 4, with $60,526 of principal paid off by year 5 and $136,103 by year 10.