PH1 5981 GRAY AVENUE

PH1 5981 GRAY AVENUE · Vancouver, University · Apartment · 1 bed · 1 bath · $899,999 · MLS R3133678

Vancouver, British Columbia · Neighbourhood: University
C$899,999
For sale
PH1 5981 GRAY AVENUE

PH1 5981 GRAY AVENUE is located in Vancouver (University). Property snapshot: Apartment, 1 bed, 1 bath, listed at $899,999, MLS R3133678. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100.

List Price: $899,999
MLS: R3133678
Bedrooms: 1
Bathrooms: 1
Interior Size: 848 sqft
Days on Market: -
Days on Site: 25
Deal Score: 50/100
Catchment Schools: Catchment schools include Norma Rose Point Elementary Junior, University Hill Secondary
Price History: Latest recorded list price 899999.00

Local Decision Guide

How should buyers evaluate PH1 5981 GRAY AVENUE?

Start by reading this listing in its Vancouver University context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Vancouver listings should separate R1-1, RS, RT, laneway house and multiplex rules during review. R1-1 is an important low-density housing reform signal, but heritage, trees, underground servicing, parking, corner-lot conditions and existing building condition can all change the practical outcome.

Vancouver R1-1 / RS / RT / laneway quick checklist
  • Confirm whether zoning is R1-1, RS, RT or another district.
  • Review laneway house, multiplex, heritage, tree, parking and servicing rules separately.
  • Do not rely on lot size alone; corner-lot conditions, underground servicing and existing building condition can affect the plan.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for PH1 5981 GRAY AVENUE?

This page shows a list price of $899,999 with MLS R3133678.

What type of home is this Vancouver, University listing?

The page shows Apartment, 1 bed, 1 bath at PH1 5981 GRAY AVENUE. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 899999.00.

Which catchment schools are associated with PH1 5981 GRAY AVENUE?

Catchment schools include Norma Rose Point Elementary Junior, University Hill Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Vancouver listings be screened for R1-1, RS, RT, laneway and multiplex risk?

Vancouver listings should be checked against R1-1, RS, RT and other zoning, laneway house rules, multiplex rules, heritage, trees, parking, servicing and permits. Block-level and site-level constraints can change the outcome.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

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. (id:56153)

Property Details

Apartment
Building Type
1
Bedrooms
1
Bathrooms
2014
Year Built
12 years
Age
25
Days on Site
848 sqft
Interior Size
C$1,061
Price per Sqft

Complex Name: Sail

Transaction: For sale

Status: active

Listing ID: 29873970 (R3133678)

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The information below is generated by BurnabyHouse.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$899,999

PID: 029-221-315

Days on Site: 25 days

Added to BurnabyHouse: 2026-06-08

Updated on: 2026-06-10 09:03 AM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Norma Rose Point Elementary Junior ELEMENTARY
Vancouver, BC
Straight-line distance about 1 km
University Hill Secondary SECONDARY
Public · School District 39
3228 Ross Dr, Vancouver, BC
Straight-line distance about 426.2 m
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Save-On-Foods
About 301.5 m away
5945 Berton Avenue, Vancouver
Urban Fare
About 1.5 km away
5380 University Boulevard, Vancouver
Shopping Centres
UBC Farm Market
About 338.3 m away
University Village
About 1.6 km away
Parks / Green Space
Mundell Park
About 149.3 m away
Michael Smith Park
About 175.7 m away

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Wed, 10 Jun 2026 08:03:13 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Easy List Realty

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