Home Vancouver, BC University VW Sail 615 5981 Gray Avenue

615 5981 Gray Ave, Vancouver BC V6S 0G1 – Condo for Sale – MLS® R3179805

615 5981 Gray Avenue, Vancouver, British Columbia V6S 0G1

Vancouver Condos for Sale

6 days on the market

$1,158,880

Est. Mortgage $5,127/mo

Listing updated: Oct 31, 2026 at 11:28am

EstateBlock checked: Nov 3, 2026 at 10:45am

3 Beds

2 Baths

985 sqft

1177 $ /sqft

552.25 $ Maint. fee

2014 built

NEW

Photos

Exterior photo of 615 5981 Gray Ave, Vancouver, BC – MLS® R3179805

Exterior Rear Photo of 615 5981 Gray Avenue, Vancouver, BC

Living Room Photo of 615 5981 Gray Avenue, Vancouver, BC

Family Room Photo of 615 5981 Gray Avenue, Vancouver, BC

Dining Area Photo of 615 5981 Gray Avenue, Vancouver, BC

Kitchen Photo of 615 5981 Gray Avenue, Vancouver, BC

Kitchen Island Photo of 615 5981 Gray Avenue, Vancouver, BC

Pantry Photo of 615 5981 Gray Avenue, Vancouver, BC

Breakfast Nook Photo of 615 5981 Gray Avenue, Vancouver, BC

Primary Bedroom Photo of 615 5981 Gray Avenue, Vancouver, BC

Primary Bathroom Photo of 615 5981 Gray Avenue, Vancouver, BC

Walk-In Closet Photo of 615 5981 Gray Avenue, Vancouver, BC

Bedroom 2 Photo of 615 5981 Gray Avenue, Vancouver, BC

Bedroom 3 Photo of 615 5981 Gray Avenue, Vancouver, BC

Bedroom 4 Photo of 615 5981 Gray Avenue, Vancouver, BC

Guest Bathroom Photo of 615 5981 Gray Avenue, Vancouver, BC

Rarely available southeast corner 3-bedroom, 2-bathroom home with AIR CONDITIONING at SAIL by award-winning Adera in UBC's desirable Wesbrook Village! This bright and spacious SE-facing home features abundant natural light, a functional open-concept living and dining area, radiant in-floor heating, a well-appointed kitchen, a primary bedroom with walk-in closet and ensuite, and a generous private deck. Enjoy year-round comfort with A/C and heating. Steps to Save-On-Foods, shops, restaurants, cafes, parks and transit. Close to UBC campus, Norma Rose Point Elementary and University Hill Secondary. An exceptional opportunity for comfortable living in a vibrant and peaceful community!

Interior Features

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

Exterior Features

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

Building Details

Price	$1,158,880
Total Bedrooms	3
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	985
Year Built	2014
Age Of Building	12
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Trash, Maintenance Grounds, Sewer, Snow Removal
Ownership Type	Leasehold prepaid-Strata
Maintenance Fee	$552.25
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Trash, Maintenance Grounds, Sewer, Snow Removal
Utility Type	Electricity Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions

Lot & Land

MLS^® #	R3179805
Area	Vancouver West
Neighbourhood	University VW
City	Vancouver
Postal Code	V6S 0G1
Gross Taxes	$2,202.65
Zoning	RM

Property Timeline

Status	Date	Price
R3179805 / Active	10-28-2026	$1,158,880

Rooms

Floor	Type	Dimensions
Main Level	Living Room	15'6 x 15'6 ft
Main Level	Kitchen	9'1 x 9'1 ft
Main Level	Dining Room	12'1 x 12'1 ft
Main Level	Primary Bedroom	10'1 x 10'1 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
Main Level	No	#4

Listed by: Royal Pacific Riverside Realty 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: 79
Sold, past year: 4

This home

$1,177/sqft, 13.4% above 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 & Neighbourhood

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 2.14 km 7.3/10
Elementary, Secondary
St George's School: Above Average 2.66 km 10/10

Closest Transit

Bus Stop
Southbound Wesbrook Mall @ Birney Ave: 0.16 km
Skytrain
Skytrain @ Yvr-Airport Stn: 7.67 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

49 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $1,032,562

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 7.67 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

6 DOM

Very fast

University VW avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

615 5981 Gray Avenue has a sell-speed score of 49/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 10.9% 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 · 194 m · Pharmacy
Wesbrook eyecare · 207 m · Optician
éliane hair and spa · 210 m · Hairdresser

Restaurants (9 nearby)

Togo sushi · 149 m · Restaurant
Nicli pizzeria + bar · 173 m · Restaurant
Neptune chinese kitchen · 188 m · Restaurant

Cafes (3 nearby)

Blenz coffee · 153 m · Cafe
Starbucks · 261 m · Cafe
Field house cafe · 592 m · Cafe

Groceries (2 nearby)

Doughgirls · 226 m · Bakery
Bc liquor store · 235 m · Beverages

Healthcare (2 nearby)

Shoppers drug mart · 194 m · Healthcare
Save-on-foods pharmacy · 268 m · Healthcare

Transit (1 nearby)

Bus stop northbound east mall @ eagles dr · 925 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 380 m
Norma Rose Point Elementary Junior	Public	Grades Served K-8	Catchment Info —	7.8 / 10	Distance 1.02 KM
St Regis Secondary School	Independent	Grades Served —	Catchment Info —	7.3 / 10	Distance 2.14 KM
University Hill Elementary School	Public	Grades Served K-5	Catchment Info —	7.9 / 10	Distance 2.44 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 2.66 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 615 5981 Gray Ave, Vancouver, BC

615 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

615 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 (0.16 km).

Walkability & Transit Near 615 5981 Gray Avenue

Car-Dependent 79

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 86

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 615 5981 Gray Avenue

/month

Principal & Interest

Property Taxes $184

Maintenance fee 552.25

With a 20% down payment, buyers can expect an estimated $5,162/month in total housing costs on this $1,158,880 property — $4,426 mortgage payment, $184 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.

Investment Cashflow Calculator

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $3,302/month estimated rent and $5,212/month in total housing costs, this property has a -$1,910/month cashflow. Break-even down payment: approximately 55%.

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

Estateblock Rent Estimate for 615 5981 Gray Avenue, Vancouver

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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.

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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