513 5983 Gray Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3025603

$1,020,000
Est. Mortgage $4,512/mo
3 Beds
2 Baths
987 sqft
1033 $ /sqft
484.65 $ Maint. fee
2013 built
19.0% price reduction
$1,020,000
$1,260,000
Est. $4,512/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 513 5983 Gray Avenue

19.0% price reduction

Located in the heart of Wesbrook Village at UBC, this rarely available 3-bedroom, 2-bathroom corner unit at SAIL by renowned developer Adera offers a perfect blend of luxury, comfort, and convenience. Surrounded by lush green space, fountains, and a tranquil courtyard, the home features a bright and functional layout with 996 SF of living space . Floor-to-ceiling windows and 9ft ceilings,In-floor radiant heating throughout,steps from the UBC campus, University Hill Secondary School, community centre, shops, restaurants, parks, groceries, medical clinics, and transit . Don't miss? open April 11(Sat) 3:45-5pm.

Interior Features

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

Exterior Features

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

Building Details

Price $1,020,000
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
Property Type Residential
Stories 1
Building Amenities Bike Room, Trash, Maintenance Grounds, Management, Sewer, Snow Removal
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $484.65
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Management, Sewer, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Front Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Units In Development 77

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3025603
Area Vancouver West
Neighbourhood University VW
City Vancouver
Postal Code V6S 0G8
Gross Taxes $1,902.1
Zoning RES

Property Timeline

Status Date Price
R3025603 / Active 07-08-2025 $1,020,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'6 x 11'6 ft
Main Level Dining Room 8'6 x 8'6 ft
Main Level Kitchen 9'0 x 9'0 ft
Main Level Primary Bedroom 9'8 x 9'8 ft
Main Level Bedroom 8'0 x 8'0 ft
Main Level Bedroom 12'8 x 12'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #4

Listed by: RA Realty Alliance 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

56 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $1,020,000
Market conditions
Market conditions unavailable
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
366 DOM
Listed
University VW avg
Vancouver avg

513 5983 Gray Avenue has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in University VW. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 513 5983 Gray Avenue

Pre-computed routes from 513 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

513 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 513 5983 Gray Avenue

Walk Score Badge
Car-Dependent 84

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
95

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

Mortgage Calculator for 513 5983 Gray Avenue

/month
Principal & Interest
Property Taxes $159
Maintenance fee 484.65
A 20% down payment of $204,000 on this $1,020,000 listing yields an estimated mortgage of $3,896/month (30-year fixed, 4%). Total estimated housing cost: $4,540/month, $159 property tax, $485 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $2,907/month in estimated rental income against $4,584/month in mortgage payments, the monthly cashflow is -$1,677/month. A 55% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — University VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,020,000
Vancouver Loading...
University VW Loading...

Based on 4 comparable active apartments/condos in University VW, the average asking price is $1,153,000. This listing is priced 11.5% below the neighbourhood average. This property is flagged as a Hot Deal (19.0% 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 513 5983 Gray Avenue

Walk Score Badge
Car-Dependent 84

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
95

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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