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$1,222,000
For Sale

#612 5983 Gray Avenue, Vancouver, BC

3
beds
2
baths
992
sqft

#612 5983 Gray Avenue, Vancouver, BC

University VW - R3010672

Sail Ubc

Est.: $4,699/mo

Description

Truly amazing 3 bedroom corner home, large covered balcony with great views of community water park. SAIL, quality built by Adera, the best developer in UBC. Radiant heat throughout the home. See it your own to appreciate. Do not miss it.

Price History

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DateStatusPriceChange
2024-12-15
Listed
$1,250,000

-$25,000 (-2.0%)

2024-11-28
Price Change
$1,275,000

-$24,000 (-1.8%)

2024-11-01
Listed
$1,299,000
2023-08-22
Sold
$1,150,000

-$25,000 (-2.1%)

2023-08-10
Price Change
$1,175,000

-$24,000 (-2.0%)

2023-07-15
Listed
$1,199,000
2022-03-18
Sold
$985,000

-$14,000 (-1.4%)

2022-03-05
Listed
$999,000
2021-09-12
Sold
$825,000

-$24,000 (-2.8%)

2021-08-28
Listed
$849,000

Property Details

Property TypeApartment/Condo
Asking Price$1,222,000
Original Asking Price$1,222,000
Maintenance Fee$505
Listing DateJun 3, 2025
Days on Market5 days
Size of House992 sqft
Price per House SqFt$1,232
Maint. Fee per SqFt$0.51
Land Dimensions0 x 0.0 ft
Age of House11 years (2014)
Property Taxes$1,931 (2024)
Ownership InterestLeasehold prepaid-Strata
PID029-123-551
Seller's AgentYoulive Realty

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Storeys (Finished)
Basement Info
Floor Area (Finished)
Renovations
Rules
Roof
Flooring
Exterior Finish
Foundation
Outdoor Features
Parking
Fireplaces
Heating
Utilities
Water Supply
Sewer
Rear Yard
Flood Plain
Zoning

Listing Details

Asking Price$1,222,000
Listing DateJun 3, 2025
Days on Market5 Days
MLS® NumberR3010672
Primary BrokerYoulive Realty

Features & Amenities

✓ View (Beautiful water park)✓ Central Location
✓ Elevator✓ Window Coverings
✓ Washer/Dryer✓ Dishwasher
✓ Refrigerator✓ Stove
✓ Microwave

Room Information

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RoomLevelDimensions

Assessment History

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YearLandImprovementsTotal
2024-$1,134,000$1,134,000
2023-$1,112,000$1,112,000
2022-$1,025,000$1,025,000
2021-$988,000$988,000

Asking Price is 7.8% higher than Assessed Value.

Open Houses

Sun, Jun 8 2:00 PM - 4:00 PM

Mortgage Calculator

ESTIMATED PAYMENTS

$4,699

20.0% | $244,400
30 Years
4.09%
Borhan Farjoo - Mortgage Partner

Borhan Farjoo

RTC - BORHAN FARJOO MORTGAGE SERVICES INC

Vancouver's trusted, award-winning mortgage matchmaker. Borhan is your go-to expert, always on your side. Let's turn your home ownership dream into reality with top lenders and tailored rates.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Nearby Schools

School NameAddressDetails

Market Overview

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Active Properties

All ActiveThis Property
Apartment/Condo1,250
Median Asking Price$875,000
Median Price per SqFt$650
Median Days on Market28

Sold Properties

Dec 2024Nov 2024Dec 2023
Apartment/Condo
(% change from Dec 2023)
127.0%
(↑5.2%)
139
121
Median Selling Price
(% change from Dec 2023)
$1,375,000
(↑8.1%)
$1,368,000
$1,272,000
Median Price per SqFt
(% change from Dec 2023)
$902
(↑7.8%)
$895
$837
Median Days on Market
38
35
31
Median Discount Off Ask
2.8%
2.6%
2.2%
New Listings
365
380
398
Months of Inventory
24.8
21.7
18.5
SELLER'S
5.0BALANCED8⅓
BUYER'S

Number of Sales

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