Ph1 5981 Gray Avenue — Vancouver West


$ 899,999 FOR SALE MLS# R3133678
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For more information, click the Brochure button. Rarely available top-floor loft-style penthouse in the heart of UBC’s sought-after Wesbrook Village. This bright and quiet two-level home features soaring double-height ceilings in the living area, expansive windows, and an open, airy layout filled with natural light. The upper-level den offers excellent flexibility as a home office, guest space, or potential second sleeping area. Enjoy an exceptionally large private rooftop deck, perfect for outdoor dining, gardening, entertaining, or simply relaxing with open views over the surrounding greenery. Steps to Wesbrook Community Centre, Save-On-Foods, cafes, shops, parks, and the village plaza. U-Hill Nearby, Pacific Spirit Park, beaches, and the UBC campus. Exterior is rendering photo.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area848 sqft
Property TypeResidential – Apartment/Condo
StylePenthouse
MLS® R3133678
StatusActive
Listing BrokerEasy List 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 $ 899,999
Median Price per SqFt $1,117 $1,061
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.