101 - 5981 Gray Avenue, Vancouver, V6S 0G1 — photo 1

$788,000

101 - 5981 Gray Avenue, Vancouver, V6S 0G1
Active
1 Bedrooms 1 Bathrooms 692 sqft Built 2013 Residential
1 Listing Signal Detected
Leasehold LandHigh

Land is leased, not owned. Review lease terms carefully before proceeding.

About This Property

Bright South Facing 1 bedroom+Den with private yard&large outdoor patio home in the waterfront complex! built by awards winning Adera Sail, It is the latest evolution of Westcoast Modern Architecture. Conveniently located at Wesbrook Village along Wesbrook Mall in UBC. Walking distance to campus, U-hill secondary school, banks, super-market, coffee shops,restaurants. Luxury finishes throughout. High ceilings, large expansive windows, radiant floor heating, security alarm and more. Open gourmet kitchen with quartz countertops& stainless appliances.DEN is ideal for an office or second bedroom. Excellent School catchments, Norma Rose Point Elementary and University Hill Secondary School. One Parking&One Large Locker. Call to make your private showing today!

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Property Details

MLS #

R3058937

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Ownership

Leasehold prepaid-Strata

Zoning

APT

Bedrooms

1

Full Baths

1

Half Baths

0

Kitchens

1

Living Area

692 sqft

Main Floor

692 sqft

Lot Dimensions

0 x

Frontage

0

Stories

6

Year Built

2013

Age

13 years

Construction

Frame Wood, Glass (Exterior), Mixed (Exterior), Wood Siding

Structure

Multi Family, Residential Attached

Parking Stalls

1

Parking Type

Underground, Guest, Side Access, Concrete, Garage Door Opener

Facing

South

Original Price

$788,000

Strata Fee

$350.96/mo

Taxes

$1,418.15/yr

Listed

2025-10-15

MLS Area

University VW

City

Vancouver

Postal Code

V6S 0G1

Subdivision

Sail

Features & Finishes

Heating

Radiant

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove · Microwave · Range Top

Laundry

In Unit

Security

Smoke Detector(s) · Fire Sprinkler System

Patio / Porch

Patio · Deck

Windows

Window Coverings

Interior Features

Elevator · Storage

Exterior Features

Garden · Balcony · Private Yard

Building & Community

Pets

Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Restrictions

Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Transit

ONE BLOCK

View

GARDEN & CITY VIEW

Lot Features

Central Location, Private, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Building Amenities

Bike Room · Trash · Maintenance Grounds · Hot Water · Management · Sewer · Snow Removal

Disclosures

Property Disclosure

No

Coordinates: 49.252696, -123.235056 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market19% above market — check if justified
Days on market202 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$748,651

5% below asking price

Negotiation Range

$728,951$760,471

$31,520 spread

$728,951$788,000 ask

Based on 82 recent sales, a starting offer around $748,651 (5% below ask) is reasonable. Your negotiation range is $728,951 – $760,471.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time202 days listed — well above market avg of 175 days, increased negotiation leverage

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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