Home Vancouver, BC University VW Sail 617 5983 Gray Avenue

617 5983 Gray Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3144480

60 days on the market

$828,000

Est. Mortgage $3,663/mo

Listing updated: Sep 3, 2026 at 07:25pm

EstateBlock checked: Sep 6, 2026 at 03:40am

2 Beds

2 Baths

823 sqft

1006 $ /sqft

433.21 $ Maint. fee

2013 built

OPEN HOUSE 10.8% price reduction

60 days on the market

$828,000

$928,000

Est. $3,663/mo with 20% down

Listing updated: Sep 3, 2026 at 07:25pm

EstateBlock checked: Sep 6, 2026 at 03:40am

Photos

Exterior Front Photo of 617 5983 Gray Avenue, Vancouver, BC

Exterior Rear Photo of 617 5983 Gray Avenue, Vancouver, BC

Living Room Photo of 617 5983 Gray Avenue, Vancouver, BC

Family Room Photo of 617 5983 Gray Avenue, Vancouver, BC

Dining Area Photo of 617 5983 Gray Avenue, Vancouver, BC

Kitchen Photo of 617 5983 Gray Avenue, Vancouver, BC

Kitchen Island Photo of 617 5983 Gray Avenue, Vancouver, BC

Pantry Photo of 617 5983 Gray Avenue, Vancouver, BC

Breakfast Nook Photo of 617 5983 Gray Avenue, Vancouver, BC

Primary Bedroom Photo of 617 5983 Gray Avenue, Vancouver, BC

Welcome to SAIL by Adera, one of Wesbrook Village's most sought-after communities. This interior Water Garden facing 805 sq.ft. 2 bedroom, 2 bath offers an efficient layout with open floor plan. Located in central Wesbrook Village with steps to UBC main campus, Save-On foods, restaurants, coffee shops and other every day needs! Excellent school catchments: University Hill Elementary and Secondary School. Great value to own or invest!

Open houses

06 Sep, 2026 (12:00 PM to 02:00 PM)

Interior Features

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

Exterior Features

Exterior Features	Garden, Balcony
Structures	Multi Family, Residential Attached

Building Details

Price	$828,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	823
Year Built	2013
Age Of Building	13
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal
Ownership Type	Leasehold prepaid-Strata
Maintenance Fee	$433.21
Community Features	Shopping Nearby
Amenities Nearby	Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground, Garage Door Opener
Total Parking Spaces	1
Strata Restrictions	No Restrictions
Rental Suites	None

Lot & Land

Lot Size Depth	Feet
Lot Size Frontage	0
MLS^® #	R3144480
Area	Vancouver West
Neighbourhood	University VW
City	Vancouver
Postal Code	V6S 0G8
Gross Taxes	$1,691.06
Zoning	RES

Property Timeline

Status	Date	Price
R3144480 / Active	07-08-2026	$828,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11'6 x 11'6 ft
Main Level	Dining Room	11'6 x 11'6 ft
Main Level	Primary Bedroom	11'2 x 11'2 ft
Main Level	Kitchen	8'2 x 8'2 ft
Main Level	Bedroom	9'4 x 9'4 ft

Bathrooms

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

Listed by: Nu Stream Realty Inc. & 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.

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 2.16 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

70 / 100

Overall sell-speed score

Likely within weeks

Price competition grade

Avg comparable: $939,780

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

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

60 DOM

Average

University VW avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

617 5983 Gray Avenue has a sell-speed score of 70/100, placing it in the "Expected to sell within weeks" band. The listing is priced 13.5% 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 only 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.

Nearby Restaurants, Cafes & Shops

Shopping (10 nearby)

Shoppers drug mart · 218 m · Pharmacy
Wesbrook eyecare · 246 m · Optician
A perfect 10 nail spa · 248 m · Beauty Shop

Restaurants (9 nearby)

Togo sushi · 188 m · Restaurant
Nicli pizzeria + bar · 205 m · Restaurant
Neptune chinese kitchen · 220 m · Restaurant

Cafes (3 nearby)

Blenz coffee · 194 m · Cafe
Starbucks · 291 m · Cafe
Field house cafe · 613 m · Cafe

Groceries (2 nearby)

Doughgirls · 261 m · Bakery
Bc liquor store · 266 m · Beverages

Healthcare (2 nearby)

Shoppers drug mart · 218 m · Healthcare
Save-on-foods pharmacy · 292 m · Healthcare

Transit (1 nearby)

Bus stop northbound east mall @ eagles dr · 939 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 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 617 5983 Gray Ave, Vancouver, BC

617 5983 Gray Ave, Vancouver, BC YVR-Airport 7.6 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

617 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 617 5983 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 617 5983 Gray Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $141

Maintenance fee 433.21

Financing 80% of the $828,000 asking price over 30 years at 4% results in approximately $3,736/month in total estimated carrying costs, $141 property tax, $433 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 3, 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

This listing generates an estimated $2,831/month in rental income, leaving a -$957/month cashflow at current carrying costs. Investors targeting break-even would need roughly 45% down.

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

Estateblock Rent Estimate for 617 5983 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.