301 5983 Gray Avenue — Vancouver West


$ 869,000 FOR SALE MLS# R3116164
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Sail, in Wesbrook Village, UBC by Adera. A collection of residences and shops on Vancouver's West Side. This interior Water Garden and Courtyard-facing 821 sq. ft. 2-bedroom, 2-bath suite offers an efficient layout with an open floor plan and higher ceilings. Larger master Bedroom with a walk-in closet. Modern gourmet kitchen with a granite countertop. In proximity to UBC main campus and various faculties, Save-On Foods, restaurants, coffee shops, and Wesbrook Community Centre. Excellent school catchments: University Hill Elementary and Secondary School. Great value to own or invest. Tenants just moved out, easy to show.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms2
Living Area821 sqft
Property TypeResidential – Apartment/Condo
MLS® R3116164
StatusActive
Price Change↓ Price Reduced
Listing BrokerInterlink Realty

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
2 events 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 $ 869,000
Median Price per SqFt $1,117 $1,058
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.