603 5983 Gray Avenue — Vancouver West


$ 1,088,000 FOR SALE MLS# R3161595
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SAIL built by Adera award winning developer. 3 bedroom + 2 bathroom sunny SOUTHEAST facing corner unit located at the heart of Westbrook Village. Features high-end finished and natural materials throughout provide a sense of luxury. Open living space with high ceiling and large windows. Gourmet kitchen with granite countertops and stainless steel appliances. Large balcony, great for entertaining guests and BBQ. 1 parking #64& 1 large locker #66. Walking distance to UBC Campus, Wesbrook Community Centre, banks, Save-On Foods, coffee shop. School catchment: U-Hill Secondary and Norma Rose Point Elementary. A great opportunity for both living and investment!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms3
Bathrooms2
Living Area990 sqft
Property TypeResidential – Apartment/Condo
MLS® R3161595
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
Condos248
Median Asking Price $ 986,400 $ 1,088,000
Median Price per SqFt $1,240 $1,099
Median Days on Market 94
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 5 ▼72.2% 31 18
Median Selling Price $ 920,000 ▼15.1% $ 850,000 $ 1,084,000
Median Price per SqFt $953 ▼17.5% $1,077 $1,155
Median Days on Market 223328
Median Discount Off Ask 11.1%3.8%2.8%
New Listings 44116
Months of Inventory 14.4

At the current sales pace, it would take about 14 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.