508 5629 Birney Avenue — Vancouver West


$ 1,399,000 FOR SALE MLS# R3159228
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Discover comfortable living at IVY on the Park by Wall Group, ideally situated in UBC's Wesbrook Village. This bright 5th-floor southeast corner home features 2 bedrooms, 2 bathrooms, abundant natural light and a tranquil outlook surrounded by greenery. Enjoy full A/C, a contemporary kitchen with integrated appliances and spacious bedrooms with large windows. A rare bonus: 2 side-by-side parking stalls plus 1 storage locker. Building amenities include 7-day concierge, fitness centre, meeting room, piano room and practice room. Close to parks, schools, shops, dining and community amenities.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms2
Living Area1,073 sqft
Property TypeResidential – Apartment/Condo
MLS® R3159228
StatusActive
Listing Broker1NE Collective Realty Inc.

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
Condos168
Median Asking Price $ 998,000 $ 1,399,000
Median Price per SqFt $1,124 $1,304
Median Days on Market 62
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 36429
Months of Inventory 31.5

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.