213 5983 Gray Ave, Vancouver BC V6S 0G8 – Condo for Sale – MLS® R3147347

213 5983 Gray Avenue, Vancouver, British Columbia V6S 0G8

119 days on the market
$999,000
Est. monthly cost $4,710/mo
Updated with MLS® -
3 Beds
2 Baths
987 sqft
1012 $ /sqft
552.25 $ Maint. fee
2013 built
7.5% price reduction
119 days on the market
$999,000
$1,079,900
Est. $4,710/mo with 20% down
Updated with MLS® -

Property Details for 213 5983 Gray Avenue

7.5% price reduction

Sail, built by award-winning developer Adera, is a prestigious community in the heart of UBC's Wesbrook Village, offering modern design, quality craftsmanship, and everyday convenience. This rare corner 3-bedroom, 2-bathroom home features a spacious open layout with an oversized living room, high ceilings, and large windows for abundant natural light. The gourmet kitchen offers granite countertops, stainless steel appliances, and ample storage, while in-floor heating provides year-round comfort. Enjoy peaceful courtyard views from the private patio. Steps to UBC campus, Wesbrook Village shops, Save-On-Foods, cafes, the community centre. school cachment: University Hill Secondary & Norma Rose Point Elementary. 1 parking & 1 locker. Don't miss it! Open House :Sunday, Nov 8, 2-4PM

Building Details

Price $999,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 987
Year Built 2013
Age Of Building 13
Building Type Apartment/Condo
Unit Style Corner unit
Property Type Residential
Stories 1
Building Amenities Caretaker, Trash, Maintenance Grounds, Management, Sewer, Snow Removal
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $552.25
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Management, Sewer, Snow Removal
Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Suites None

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Fireplace 0
Heating Type Radiant
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed, Tile, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
View Description Garden
Structures Multi Family, Residential Attached

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3147347
Area Vancouver West
Neighbourhood University VW
City Vancouver
Postal Code V6S 0G8
Gross Taxes $1,582.2
Zoning APT

Property Timeline

Status Date Price
R3147347 / Active 07-15-2026 $999,000
Rooms
Floor Type Dimensions
Main Level Living Room 15'6 x 15'6 ft
Main Level Dining Room 12'1 x 12'1 ft
Main Level Kitchen 9'1 x 9'1 ft
Main Level Primary Bedroom 11'11 x 11'11 ft
Main Level Bedroom 10'7 x 10'7 ft
Main Level Bedroom 9'7 x 9'7 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: 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

$1,012/sqft, 2.5% 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.

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

Map, sell speed & climate

SkyTrain 7.64 km · University Hill Secondary School 8.4/10 · 0.38 km · crime average · sell-speed score 65/100 (likely within weeks) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (10 nearby)

  • Shoppers drug mart · 220 m · Pharmacy
  • Wesbrook eyecare · 248 m · Optician
  • A perfect 10 nail spa · 250 m · Beauty Shop

Restaurants (9 nearby)

  • Togo sushi · 189 m · Restaurant
  • Nicli pizzeria + bar · 206 m · Restaurant
  • Neptune chinese kitchen · 221 m · Restaurant

Cafes (3 nearby)

  • Blenz coffee · 195 m · Cafe
  • Starbucks · 292 m · Cafe
  • Field house cafe · 614 m · Cafe

Groceries (2 nearby)

  • Doughgirls · 263 m · Bakery
  • Bc liquor store · 268 m · Beverages

Healthcare (2 nearby)

  • Shoppers drug mart · 220 m · Healthcare
  • Save-on-foods pharmacy · 294 m · Healthcare

Transit (1 nearby)

  • Bus stop northbound east mall @ eagles dr · 940 m · Transit

Public Schools

Secondary
University Hill Secondary School
Above Average 0.38 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 2.16 km 7.3/10
Elementary, Secondary
St George's School
Above Average 2.67 km 10/10

Closest Transit

Bus Stop
Westbound Ross Dr @ Birney Ave
0.19 km
Skytrain
Skytrain @ Yvr-Airport Stn
7.64 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

65 / 100
Overall sell-speed score
Likely within weeks
B+
Price competition grade
Avg comparable: $1,061,000
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 7.64 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
119 DOM
Slower than area
University VW avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

213 5983 Gray Avenue has a sell-speed score of 65/100, placing it in the "Expected to sell within weeks" band. The listing is priced 5.8% 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 0G8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6S 0G8, 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 (~9.5 km). Annual avg AQHI 2.2 — Low Risk.

Schools NearBy

8 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

379 m

Norma Rose Point Elementary Junior

Public

Grades Served

K-8

Catchment Info

—
7.8 / 10

Distance

1.06 KM

St Regis Secondary School

Independent

Grades Served

—

Catchment Info

—
7.3 / 10

Distance

2.16 KM

University Hill Elementary School

Public

Grades Served

K-5

Catchment Info

—
7.9 / 10

Distance

2.48 KM

Queen Elizabeth Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.1 / 10

Distance

2.55 KM

St George's School

Independent

Grades Served

1-12

Catchment Info

—
9.4 / 10

Distance

2.67 KM

Queen Mary Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

2.80 KM

West Point Grey Academy

Independent

Grades Served

K-12

Catchment Info

—
9.7 / 10

Distance

2.99 KM

Pre-computed routes from 213 5983 Gray Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via YVR-Airport → Waterfront
    121 min
  • Metrotown, Burnaby via YVR-Airport → Metrotown
    139 min
  • SFU Burnaby via YVR-Airport → Production Way
    146 min
  • Richmond Centre via YVR-Airport → Brighouse
    108 min
  • YVR Airport
    95 min

By car (off-peak)

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

Calculate your commute

213 5983 Gray Ave, Vancouver, BC is ideally located for commuters. The property is 7.6 km from YVR-Airport, with a 121 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Ross Dr @ Birney Ave (0.19 km).

Walkability & Transit Near 213 5983 Gray Avenue

Walk Score Badge
Very Walkable 84

Walk Score - Very Walkable

Most errands can be accomplished on foot
Bike Score Badge
Biker's Paradise 95

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

Costs & calculators

Monthly cost about $4,710/month · rent estimate $3,596/month · owning catches up with renting by year 3 · cash flow if rented −$1,357/month

Mortgage Calculator for 213 5983 Gray Avenue

30-year fixed
$4,710 /month
Principal & Interest $4,026
Property Taxes $132
Maintenance fee $552

The estimated monthly cost of 213 5983 Gray Avenue, Vancouver is $4,710: $4,026 principal and interest with 20% down over 30 years at 4.45%, plus $132 property tax and $552 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

−$1,357 /month
Mortgage Payment $4,026
Monthly Cash Flow −$1,357
Break Even Down Payment 47%
Cap Rate -1.6%
Cash on Cash -8.1%

If 213 5983 Gray Avenue, Vancouver were rented at $3,596 a month with 5% vacancy, it would fall $1,357 a month short of the mortgage and carrying costs; about 47% 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 213 5983 Gray Avenue, Vancouver

$3,596 / month
Rent $3,596
Own $4,710
Principal: $1,295/mo Interest, tax, insurance, fees: $3,415/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,084/mo (year 1) → ~$2,521/mo (year 20) → ~$3,760/mo (year 29).

Net cost to own at year 5 ~$3,415/mo About $181/mo less than renting

EstateBlock estimates 213 5983 Gray Avenue, Vancouver would rent for about $3,596 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: 213 5983 Gray Avenue

Rent vs own

Owning catches up by year 3

With 20% down ($199,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $71,219
Principal paid off by year 10 $160,150

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 213 5983 Gray Avenue, Vancouver is cheaper at first, but owning catches up by year 3, with $71,219 of principal paid off by year 5 and $160,150 by year 10.

Price vs Neighbourhood Average — University VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $999,000
Vancouver Loading...
University VW Loading...

Based on 3 comparable active apartments/condos in University VW, the average asking price is $1,061,000. This listing is priced 5.8% below the neighbourhood average. This property is flagged as a Hot Deal (7.5% price reduction) 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 213 5983 Gray Avenue

Walk Score Badge
Very Walkable 84

Walk Score - Very Walkable

Most errands can be accomplished on foot
Bike Score Badge
Biker's Paradise 95

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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