Home Vancouver, BC University VW Eton 504 5687 Gray Avenue

504 5687 Gray Ave, Vancouver BC V6S 0K7 – Condo for Sale – MLS® R3178852

504 5687 Gray Avenue, Vancouver, British Columbia V6S 0K7

Vancouver Condos for Sale

15 days on the market

$1,058,880

Est. monthly cost $4,874/mo

Updated with MLS® - Nov 11, 2026 at 09:20am

2 Beds

2 Baths

869 sqft

1219 $ /sqft

433.06 $ Maint. fee

2018 built

Below Assessment Value

Photos

Bright penthouse at ETON by Polygon in UBC’s Wesbrook Village, offered below BC assessed value! This 869 sq. ft., 2-bed, 2-bath home offers park views, a private deck and separated bedrooms. Enjoy village shops, cafés and groceries, with Norma Rose Point Elementary and University Hill Secondary nearby. Explore Pacific Spirit Park’s trails, tee off at University Golf Club or enjoy UBC’s cultural and recreation amenities. Convenient bus service connects Wesbrook Village to UBC Exchange, while Route 49 provides connections to the Canada Line and Metrotown. A potential Millennium Line SkyTrain extension to UBC is under study. Enjoy bright penthouse living in a vibrant community surrounded by nature! Please note: Images have been virtually staged for illustrative purposes.

Building 24 fields Inside & out 10 fields Lot & land 8 fields

Building Details

Price	$1,058,880
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	869
Year Built	2018
Age Of Building	8
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Penthouse
Stories	1
Building Amenities	Bike Room, Clubhouse, Exercise Centre, Maintenance Grounds, Gas, Hot Water, Sewer, Snow Removal, Water
Ownership Type	Freehold Strata
Maintenance Fee	$433.06
Amenities Nearby	Bike Room, Clubhouse, Exercise Centre, Maintenance Grounds, Gas, Hot Water, Sewer, Snow Removal, Water
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public 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, Yes, Yes With Restrictions
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Heating Type	Heat Pump
Cooling	Central Air
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony
View Description	PARK VIEW
Roof	Concrete
Structures	Multi Family, Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3178852
Area	Vancouver West
Neighbourhood	University VW
City	Vancouver
Postal Code	V6S 0K7
Gross Taxes	$2,092.05
Zoning	CD-1

Property Timeline

Status	Date	Price
R3178852 / Active	10-27-2026	$1,058,880

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	12' x 12' ft
Main Level	Bedroom	9' x 9' ft
Main Level	Living Room	11' x 11' ft
Main Level	Dining Room	11'6 x 11'6 ft
Main Level	Kitchen	12'6 x 12'6 ft
Main Level	Walk-In Closet	8' x 8' ft
Main Level	Laundry	8' x 8' ft

Bathrooms

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

Listed by: Metro Edge 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: 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

$1,219/sqft, in line with 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.

Homes for sale at Eton, Vancouver Recent sold listings in Eton, 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 · 0.59 km · crime average · sell-speed score 55/100 (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 · 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

55 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $952,383

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

15 DOM

Very fast

University VW avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

504 5687 Gray Avenue has a sell-speed score of 55/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 11.2% 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 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 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 504 5687 Gray Ave, Vancouver, BC

504 5687 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

504 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 504 5687 Gray Avenue

Very Walkable 79

Walk Score - Very Walkable

Most errands can be accomplished on foot

Costs & calculators

Monthly cost about $4,874/month · rent estimate $3,176/month · owning catches up with renting by year 18 · cash flow if rented −$1,902/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 504 5687 Gray Avenue

$4,874 /month

Principal & Interest $4,267

Property Taxes $174

Maintenance fee $433

The estimated monthly cost of 504 5687 Gray Avenue, Vancouver is $4,874: $4,267 principal and interest with 20% down over 30 years at 4.45%, plus $174 property tax and $433 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

−$1,902 /month

Mortgage Payment $4,267

Monthly Cash Flow −$1,902

Break Even Down Payment 56%

Cap Rate -2.2%

Cash on Cash -10.8%

If 504 5687 Gray Avenue, Vancouver were rented at $3,176 a month with 5% vacancy, it would fall $1,902 a month short of the mortgage and carrying costs; about 56% 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 504 5687 Gray Avenue, Vancouver

$3,176 / month

Rent $3,176

Own $4,874

Principal: $1,372/mo Interest, tax, insurance, fees: $3,502/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,149/mo (year 1) → ~$2,672/mo (year 20) → ~$3,985/mo (year 29).

Net cost to own at year 5 ~$3,502/mo About $326/mo more than renting

EstateBlock estimates 504 5687 Gray Avenue, Vancouver would rent for about $3,176 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: 504 5687 Gray Avenue

Rent vs own

Owning catches up by year 18

With 20% down ($211,776) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $75,488

Principal paid off by year 10 $169,749

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 504 5687 Gray Avenue, Vancouver is cheaper at first, but owning catches up by year 18, with $75,488 of principal paid off by year 5 and $169,749 by year 10.

Call or Text Now!

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 504 5687 Gray Avenue

Very Walkable 79

Walk Score - Very Walkable

Most errands can be accomplished on foot

More Listings in This Building

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504 5687 Gray Ave, Vancouver BC V6S 0K7 – Condo for Sale – MLS® R3178852

Photos

Property Details for 504 5687 Gray Avenue

Building Details

Interior Features

Exterior Features

Lot & Land

Property Timeline

About the building: Eton

Map, sell speed & climate

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (10 nearby)

Restaurants (9 nearby)

Cafes (3 nearby)

Groceries (2 nearby)

Healthcare (2 nearby)

Transit (1 nearby)

Sell Speed & Competition

Climate Risk for V6S 0K7

Schools NearBy

University Hill Secondary School

Grades Served

Catchment Info

Distance

Norma Rose Point Elementary Junior

Grades Served

Catchment Info

Distance

St Regis Secondary School

Grades Served

Catchment Info

Distance

Queen Elizabeth Elementary School

Grades Served

Catchment Info

Distance

University Hill Elementary School

Grades Served

Catchment Info

Distance

St George's School

Grades Served

Catchment Info

Distance

Queen Mary Elementary School

Grades Served

Catchment Info

Distance

West Point Grey Academy

Grades Served

Catchment Info

Distance

Our Lady of Perpetual Help School

Grades Served

Catchment Info

Distance

Pacific Spirit School

Grades Served

Catchment Info

Distance

Lord Byng Secondary School

Grades Served

Catchment Info

Distance

Pre-computed routes from 504 5687 Gray Ave, Vancouver, BC

By transit (Skytrain)

By car (off-peak)

Walkability & Transit Near 504 5687 Gray Avenue

Walk Score - Very Walkable

Costs & calculators

Mortgage Calculator for 504 5687 Gray Avenue

Investment Cashflow Calculator

Estateblock Rent Estimate for 504 5687 Gray Avenue, Vancouver

Rent vs own: 504 5687 Gray Avenue

Price vs Neighbourhood Average — University VW, Vancouver

Call or Text Now!

Earn Cashback on Your Purchase

Walkability & Transit Near 504 5687 Gray Avenue

Walk Score - Very Walkable