401 5681 Birney Avenue — Vancouver West


$ 739,000 FOR SALE MLS# R3151293
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PENTHOUSE LIVING at Ivy on the Park! Bright top-floor 1-bedroom home featuring over-height ceilings, an open-concept layout, floor-to-ceiling windows, a spacious bedroom with cheater ensuite, a large laundry/storage room, and TWO private walkout balconies for seamless indoor-outdoor living. Built by the renowned Wall Group, this quality concrete residence offers outstanding amenities including a fitness centre, yoga studio, piano lounge, music room, library, meeting room, club lounge, and landscaped community patio. Ideally located in the heart of Wesbrook Village, just steps to shops, restaurants, parks, Pacific Spirit Regional Park, and UBC. Excellent school catchment: University Hill Elementary & Secondary. Perfect for homeowners or investors. 1 parking stall & 1 storage locker included
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area565 sqft
Property TypeResidential – Apartment/Condo
MLS® R3151293
StatusActive
Listing BrokerRE/MAX Crest Realty

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
1 event on record for this property

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Market Overview

University VW · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos172
Median Asking Price $ 998,000 $ 739,000
Median Price per SqFt $1,117 $1,308
Median Days on Market 57
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 2 ▼95.7% 1 47
Median Selling Price $ 823,400 ▼8.4% $ 652,000 $ 899,000
Median Price per SqFt $1,239 ▲8.0% $1,033 $1,147
Median Days on Market 105621
Median Discount Off Ask 4.7%5.2%3.9%
New Listings 27489
Months of Inventory 32.3

At the current sales pace, it would take about 32 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

University VW: Number of Sales

University VW: Median Sold Price

University VW: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for University VW. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.