2 5879 Gray Avenue — Vancouver West


$ 1,999,000 FOR SALE MLS# R3116610
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Rarely available park-front townhome in one of UBC’s most sought-after enclaves. This 4-level home offers 2,422 sq ft with direct views over landscaped grounds with ponds & water features. Expansive windows bring in natural light across the open-concept main level. The modern kitchen features stainless steel appliances, stone countertops, & clean contemporary finishes. Patios & decks extend the living space into the surrounding greenery. Upstairs includes two newly created bedrooms, while the lower level offers a spacious recreation room. Attached two-car garage. Steps to University Hill Secondary & more. Come see it before its gone. Open House: Sat May 2, 2–4pm; Sun May 3, 12–2:30pm; Tue May 5, 10am–12pm; Thu May 7, 4–6pm. Offers May 8.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms5
Living Area2,422 sqft
Property TypeResidential – Townhouse
Style4 Level Split
MLS® R3116610
StatusPending
Listing BrokerRoyal Pacific Realty Corp.

Property History

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

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Market Overview

University VW · Vancouver West · Houses

Active PropertiesAll ActiveThis Property
Houses26
Median Asking Price $ 1,999,000 $ 1,999,000
Median Price per SqFt $1,146 $825
Median Days on Market 88
Sold Properties Sep 2026Aug 2026Sep 2025
Houses 1 4 0
Median Selling Price $ 1,315,000 $ 2,019,000
Median Price per SqFt $813 $969
Median Days on Market 5824
Median Discount Off Ask 2.6%7.1%
New Listings 125
Months of Inventory 7.8

At the current sales pace, it would take about 8 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

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.