1601 5989 Walter Gage Road — Vancouver West


$ 5,280,000 FOR SALE MLS# R3177568
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Own half the floor at Corus at UBC. This impeccably maintained sub-penthouse offers over 2,850 sq. ft. with panoramic 270-degree west, north and east views spanning ocean, mountains and downtown, from Vancouver Island to Mount Baker. Floor-to-ceiling windows, high ceilings and three covered balconies enhance the light-filled interiors. The spacious layout includes two bedrooms, a den, sunroom and four bathrooms. Refined finishes include renovated bathrooms with Kohler fixtures, Lutron motorized blackout shades, silk curtains, dual-zone A/C, Miele and Sub-Zero kitchen appliances, Miele laundry, limestone and hardwood floors, and fireplaces. Two secure parking spaces in a gated garage and ample storage complete this rare UBC offering.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms3
Bathrooms4
Living Area2,858 sqft
Property TypeResidential – Apartment/Condo
StyleTop Floor Unit
MLS® R3177568
StatusActive
Listing BrokerRoyal Pacific Realty Corp.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

University VW · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos210
Median Asking Price $ 952,500 $ 5,280,000
Median Price per SqFt $1,184 $1,847
Median Days on Market 112
Sold Properties Oct 2026Sep 2026Oct 2025
Condos 6 ▼45.5% 15 11
Median Selling Price $ 925,000 ▼0.5% $ 990,000 $ 930,000
Median Price per SqFt $995 ▼4.6% $1,006 $1,043
Median Days on Market 132224
Median Discount Off Ask 3.9%9.0%2.9%
New Listings 173616
Months of Inventory 11.9

At the current sales pace, it would take about 12 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.