Home Vancouver, BC University VW Sail 313 5981 Gray Avenue

313 5981 Gray Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3166551

11 days on the market

$1,075,000

Est. Mortgage $4,756/mo

Listing updated: Sep 23, 2026 at 12:03pm

EstateBlock checked: Sep 27, 2026 at 05:45am

3 Beds

2 Baths

992 sqft

1084 $ /sqft

552.25 $ Maint. fee

2014 built

OPEN HOUSE 38.6% price reduction

11 days on the market

$1,075,000

$1,750,000

Est. $4,756/mo with 20% down

Listing updated: Sep 23, 2026 at 12:03pm

EstateBlock checked: Sep 27, 2026 at 05:45am

Photos

Exterior Front Photo of 313 5981 Gray Avenue, Vancouver, BC

Exterior Rear Photo of 313 5981 Gray Avenue, Vancouver, BC

Living Room Photo of 313 5981 Gray Avenue, Vancouver, BC

Family Room Photo of 313 5981 Gray Avenue, Vancouver, BC

Dining Area Photo of 313 5981 Gray Avenue, Vancouver, BC

Kitchen Photo of 313 5981 Gray Avenue, Vancouver, BC

Kitchen Island Photo of 313 5981 Gray Avenue, Vancouver, BC

Pantry Photo of 313 5981 Gray Avenue, Vancouver, BC

Breakfast Nook Photo of 313 5981 Gray Avenue, Vancouver, BC

Primary Bedroom Photo of 313 5981 Gray Avenue, Vancouver, BC

Primary Bathroom Photo of 313 5981 Gray Avenue, Vancouver, BC

Walk-In Closet Photo of 313 5981 Gray Avenue, Vancouver, BC

Bedroom 2 Photo of 313 5981 Gray Avenue, Vancouver, BC

Bedroom 3 Photo of 313 5981 Gray Avenue, Vancouver, BC

Bedroom 4 Photo of 313 5981 Gray Avenue, Vancouver, BC

Guest Bathroom Photo of 313 5981 Gray Avenue, Vancouver, BC

Powder Room Photo of 313 5981 Gray Avenue, Vancouver, BC

Office / Den Photo of 313 5981 Gray Avenue, Vancouver, BC

Loft / Bonus Room Photo of 313 5981 Gray Avenue, Vancouver, BC

Basement Recreation Room Photo of 313 5981 Gray Avenue, Vancouver, BC

Laundry Room Photo of 313 5981 Gray Avenue, Vancouver, BC

Mudroom Photo of 313 5981 Gray Avenue, Vancouver, BC

Entry Foyer Photo of 313 5981 Gray Avenue, Vancouver, BC

Hallway Photo of 313 5981 Gray Avenue, Vancouver, BC

Staircase Photo of 313 5981 Gray Avenue, Vancouver, BC

Garage Interior Photo of 313 5981 Gray Avenue, Vancouver, BC

Outdoor Patio Photo of 313 5981 Gray Avenue, Vancouver, BC

Outdoor Deck Photo of 313 5981 Gray Avenue, Vancouver, BC

Backyard Photo of 313 5981 Gray Avenue, Vancouver, BC

Front Yard Photo of 313 5981 Gray Avenue, Vancouver, BC

Garden / Landscaping Photo of 313 5981 Gray Avenue, Vancouver, BC

Swimming Pool Photo of 313 5981 Gray Avenue, Vancouver, BC

Rarely available 3-bedroom, 2-bathroom corner residence at SAIL by Adera in the heart of prestigious Wesbrook Village at UBC! This bright and beautifully maintained home features a thoughtfully designed open-concept layout, expansive windows that fill the space with natural light, & well-separated bedrooms for exceptional privacy. The kitchen features SS appliances flows seamlessly into the spacious living and dining areas, while the large covered patio offers the perfect setting for year-round outdoor living and entertaining. Ideally located just steps to Pacific Spirit Regional Park, top-ranked schools, UBC, shops, cafés, restaurants, parks, and transit. An exceptional opportunity in one of Vancouver's most sought-after communities, where nature, convenience, and lifestyle come together.

Open houses

27 Sep, 2026 (12:30 PM to 02:30 PM)

Interior Features

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

Exterior Features

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

Building Details

Price	$1,075,000
Total Bedrooms	3
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	992
Year Built	2014
Age Of Building	12
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal
Ownership Type	Leasehold prepaid-Strata
Maintenance Fee	$552.25
Amenities Nearby	Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Underground
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Units In Development	172

Lot & Land

MLS^® #	R3166551
Area	Vancouver West
Neighbourhood	University VW
City	Vancouver
Postal Code	V6S 0G1
Gross Taxes	$3,204.34
Zoning	RES

Property Timeline

Status	Date	Price
R3166551 / Active	09-16-2026	$1,075,000
to view full Property History (2 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Foyer	6'6' x 6'6' ft
Main Level	Kitchen	12'5' x 12'5' ft
Main Level	Dining Room	11'9' x 11'9' ft
Main Level	Living Room	15'3 x 15'3 ft
Main Level	Primary Bedroom	9'11' x 9'11' ft
Main Level	Bedroom	9'6' x 9'6' ft
Main Level	Bedroom	12'9' x 12'9' ft
Main Level	Walk-In Closet	4'5' x 4'5' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#3
Main Level	No	#4

Listed by: Macdonald 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.

Map & Neighbourhood

Public Schools

Secondary
University Hill Secondary School: Above Average 0.37 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 2.12 km 7.3/10
Elementary, Secondary
St George's School: Above Average 2.67 km 10/10

Closest Transit

Bus Stop
Southbound Wesbrook Mall @ Birney Ave: 0.14 km
Skytrain
Skytrain @ Yvr-Airport Stn: 7.68 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

61 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $1,055,650

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 7.68 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

11 DOM

Very fast

University VW avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

313 5981 Gray Avenue has a sell-speed score of 61/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.8% above comparable active properties in University VW. 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 may take several weeks to attract serious offers.

Nearby Restaurants, Cafes & Shops

Shopping (10 nearby)

Shoppers drug mart · 180 m · Pharmacy
Wesbrook eyecare · 193 m · Optician
A perfect 10 nail spa · 196 m · Beauty Shop

Restaurants (9 nearby)

Togo sushi · 135 m · Restaurant
Nicli pizzeria + bar · 158 m · Restaurant
Neptune chinese kitchen · 173 m · Restaurant

Cafes (3 nearby)

Blenz coffee · 138 m · Cafe
Starbucks · 247 m · Cafe
Field house cafe · 579 m · Cafe

Groceries (2 nearby)

Doughgirls · 211 m · Bakery
Bc liquor store · 221 m · Beverages

Healthcare (2 nearby)

Shoppers drug mart · 180 m · Healthcare
Save-on-foods pharmacy · 254 m · Healthcare

Transit (1 nearby)

Bus stop southbound wesbrook mall @ thunderbird blvd · 987 m · Transit

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 370 m
Norma Rose Point Elementary Junior	Public	Grades Served K-8	Catchment Info —	7.8 / 10	Distance 1.01 KM
St Regis Secondary School	Independent	Grades Served —	Catchment Info —	7.3 / 10	Distance 2.12 KM
University Hill Elementary School	Public	Grades Served K-5	Catchment Info —	7.9 / 10	Distance 2.42 KM
Queen Elizabeth Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.52 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 2.76 KM
West Point Grey Academy	Independent	Grades Served K-12	Catchment Info —	9.7 / 10	Distance 2.95 KM

Pre-computed routes from 313 5981 Gray Ave, Vancouver, BC

313 5981 Gray Ave, Vancouver, BC YVR-Airport 7.7 km

121 min

Downtown Vancouver Waterfront Station

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

313 5981 Gray Ave, Vancouver, BC is ideally located for commuters. The property is 7.7 km from YVR-Airport, with a 121 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Wesbrook Mall @ Birney Ave (0.14 km).

Walkability & Transit Near 313 5981 Gray Avenue

Car-Dependent 84

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus

Somewhat
Bikeable 95

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

Mortgage Calculator for 313 5981 Gray Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $267

Maintenance fee 552.25

Based on a 30-year fixed at 4% interest with 20% down ($215,000), the estimated monthly payment for this listing is $4,925/month — $4,106 principal & interest, $267 property tax, $552 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.

Listing data last synced: Sep 23, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

At an estimated rental income of $3,064/month, this property runs a $1,908/month shortfall after mortgage and carrying costs. Break-even requires approximately 58% down.

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

Estateblock Rent Estimate for 313 5981 Gray Avenue, Vancouver

Buy Vs Rent Calculator

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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.