Vancouver University Endowment Lands Condos for Sale MLS Listings

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115 5983 Gray Avenue
University VW Vancouver V6S 0G8

$699,000
Residential beds: 1 baths: 1.0 624 sq. ft. built: 2013

View of property
Photo 1: 115 5983 Gray Avenue in Vancouver: University VW Condo for sale (Vancouver West)  : MLS®# R3031956
Photo 2: 115 5983 Gray Avenue in Vancouver: University VW Condo for sale (Vancouver West)  : MLS®# R3031956
Photo 3: 115 5983 Gray Avenue in Vancouver: University VW Condo for sale (Vancouver West)  : MLS®# R3031956
Photo 4: 115 5983 Gray Avenue in Vancouver: University VW Condo for sale (Vancouver West)  : MLS®# R3031956
Photo 5: 115 5983 Gray Avenue in Vancouver: University VW Condo for sale (Vancouver West)  : MLS®# R3031956
Photo 6: 115 5983 Gray Avenue in Vancouver: University VW Condo for sale (Vancouver West)  : MLS®# R3031956
Open House - Aug 09, 2025
02:00 PM - 04:00 PM PDT
NOTES: Open House on Saturday, August 9, 2025 2:00PM - 4:00PM
Open House - Aug 10, 2025
02:00 PM - 04:00 PM PDT
NOTES: Open House on Sunday, August 10, 2025 2:00PM - 4:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
R3031956
Bedrooms:
1
Bathrooms:
1
Year Built:
2013
Beautiful one bedroom ground floor unit in "Sail 1" designed by award-winning Rositch Hemphill Architects. A good size private patio facing the quiet courtyard. Located in the heart of UBC South Campus, surrounded by new retail shopping stores, save on foods, and restaurants; Walking distance to University Hill Secondary; parks and new Community Center.
Property Type:
Residential
Dwelling Type:
Apartment/Condo
Home Style:
Ground Level Unit, 5 Plus Levels
Ownership:
Leasehold prepaid-Strata
Common Interest:
Condominium
Manufactured Type:
Year built:
2013 (Age: 12)
Living Area:
624 sq. ft.
Floor Area - Unfinished:
Floor Area - Detached 2nd Residence:
Building Area - Total:
624 sq. ft.
Levels:
5 Plus Level
Rainscreen:
Bedrooms:
1 (Above Grd: 1)
Bathrooms:
1.0 (Full:1/Half:0)
Kitchens:
Rooms:
Taxes:
$0 / 2024
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Balcony
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
EPS1525
Construction Materials:
Frame Wood, Mixed (Exterior)
Foundation:
Basement:
Full Height:
Crawl Height:
Roof:
No. Floor Levels:
5.0
Floor Finish:
Floor Area Fin - Above Grade:
Floor Area Fin - Above Main:
0 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
624 sq. ft.
Floor Area Fin - Below Main:
Floor Area Fin - Below Grade:
Floor Area Fin - Basement:
Floor Area Fin - Total:
624 sq. ft.
Heating:
Parking Features:
Guest, Garage Door Opener
Parking:
Guest
# Of Parking Spaces - Total:
# Of Covered Spaces:
Parking Total/Covered:
1 / 1
Flood Plain:
Suite:
Elevator, Storage
Balcony
Laundry In Unit, Elevator, Storage
Trash, Management, Snow Removal
Shopping Nearby
Fire Sprinkler System
Ground Level Unit
1
Garage Door Opener, Window Coverings, Fire Sprinkler System
Dishwasher, Refrigerator, Laundry In Unit, Elevator, Storage
Washer/Dryer, Dishwasher, Refrigerator, Stove
In Unit
Window Coverings
Floor
Type
Size
Other
Main
Main
Main
Floor
Ensuite
Pieces
Other
Main
Council Approval:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Association Fee:
$318.05
Age Restrictions:
No
Tax Utilities Included:
false
By-Law Restrictions:
Pets Allowed With Restrictions
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Pets Allowed:
Yes With Restrictions
Home Owners Association:
Yes
Previous Price:
Original Price:
Land Lease:
Yes
Zoning:
Access to property:
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Telephone Service:
Fencing:
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Plumbing Details:
Sketch Attached:
Restrictions:
  • Photo 1: 115 5983 Gray Avenue in Vancouver: University VW Condo for sale (Vancouver West)  : MLS®# R3031956
    View of property
  • Photo 2: 115 5983 Gray Avenue in Vancouver: University VW Condo for sale (Vancouver West)  : MLS®# R3031956
    View of home floor plan
  • Photo 3: 115 5983 Gray Avenue in Vancouver: University VW Condo for sale (Vancouver West)  : MLS®# R3031956
    Unfurnished living room featuring light wood-style floors and baseboards
  • Photo 4: 115 5983 Gray Avenue in Vancouver: University VW Condo for sale (Vancouver West)  : MLS®# R3031956
    Bathroom featuring recessed lighting, vanity, and tile patterned floors
  • Photo 5: 115 5983 Gray Avenue in Vancouver: University VW Condo for sale (Vancouver West)  : MLS®# R3031956
    Kitchen with appliances with stainless steel finishes, a peninsula, light countertops, and recessed lighting
  • Photo 6: 115 5983 Gray Avenue in Vancouver: University VW Condo for sale (Vancouver West)  : MLS®# R3031956
    View of property
Listed by Planet Group Realty Inc.
Data was last updated August 2, 2025 at 06:40 PM (UTC)
Area Statistics
Listings on market:
207
Avg list price:
$1,180,000
Min list price:
$624,900
Max list price:
$27,100,000
Avg days on market:
52
Min days on market:
1
Max days on market:
467
Avg price per sq.ft.:
$1,272.66
These statistics are generated based on the current listing's property type and located in University VW. Average values are derived using median calculations. This data is not produced by the MLS® system.

About University Endowment Condos for Sale

At the top of this page are current listings of University Endowment Condos for Sale in each of the six residential University Endowment neighbourhoods. Each of these neighbourhoods in University Endowment Lands – Hampton PlaceEast CampusHawthorn PlaceChancellor Place, Lelem Village, and Wesbrook Village – has a distinctive personality and unique characteristics.

Hampton Place University Endowment is the first residential development on campus. UBC Properties Trust started building Hampton Place in the early 1990s.

East Campus is closest to UBC Dental School, Medical School, and Pharmacy School. It is also next to University Village. University Village Food Court is where all the UBC students go for lunch and buy food. Besides food, you can find other services and shops including University Pharmacy UBC, Medical & Dental Clinic, Bank, Staples, and Starbucks.


Wesbrook Village is the newest residential development along the Wesbrook Mall on the south side of the UBC Campus. University Hill Secondary School, Save-on-Foods, and Wesbrook Village Community Centre are all located in the Wesbrook Village.

The neighbourhoods are micro-communities in themselves. They all joined in context and community with the larger UBC Campus area that lies to the west of Vancouver. The current total UBC population is over 60,000 residents.


Click here to find other Townhouses, 1 Bedroom2 Bedrooms, 3 Bedrooms, Houses, New Developments, Freehold, and University Endowment Homes for Sale MLS Listings.


Why Buy a University Endowment Condo?

People choose to live in University Endowment's integrated community for several reasons. For students and those who conduct research, advanced study or work on campus, such as Professors, Teachers, Department Managers, Researchers, UBC Hospital staff and the like, easy commuting from home to work is an apparent reason. However, many non-faculty professionals, retirees and families opt for condo living at University Endowment for many other compelling reasons.


Here's a snapshot of the University Endowment Condo market:

  • Price Range: Since January 1, 2024, the University Endowment Condo average list price typically range from $558,000 to $6,290,000. Larger or premium units can exceed this range.
  • Average Size: The average size for a University Endowment condo is around 965 sq ft, offering comfortable living space in this desirable community.
  • Average Price & Price/sq ft: The average price for a condo unit is approximately $1,172,343 with an average sold price per square foot of $1,226/sqft.
  • Average Days on Market: Condos are selling relatively quickly, with an average of just 40 days on the market.


UBC campus, the surrounding University Endowment Lands (UEL) and parkland are collectively a rural area and not part of the City Of Vancouver. Living on rural land at University Endowment doesn't feel as if you are anywhere close to a city at all. Yet UBC is only a 22-minute drive away (11.1 km) to downtown Vancouver and a mere 5- to 10-minute drive away from the nearby, trendy and upscale Vancouver neighbourhoods of Point Grey and Kitsilano, full of restaurants, shops, boutiques and cafés.

Surrounded by ocean and forest, the UBC region is a leader in sustainability and conservation. Outdoorsy residents enjoy immediate access to the adjacent Pacific Spirit Park's 763 hectares of forested walking, biking and hiking trails, which stretch across Point Grey. The peninsula's shoreline touches the Fraser River, the Strait of Georgia and Burrard Inlet, offering easy beach access and breathtaking ocean vistas.


Excellent Schools, Amenities, and Infrastructure

The UBC area is a hub of activities, programs and services designed to support education, family life and recreation. University Endowment neighbourhoods are child-friendly and promote healthy families through community activities, workshops, support programs and daycare services. With the region's low crime rate and a strong sense of community, UBC parents and retirees feel safe and at ease walking alone or with family and friends around the campus community.


Athletes and active residents also appreciate access to world-class fitness facilities, including the UBC Pool, The UBC Tennis Centre, Doug Mitchell Thunderbird Sports Centre, The Student Recreation Centre and enclosed BirdCoop Fitness Centre and Thunderbird Park Track and Field facilities.


For families with school-age children, the area schools are highly-ranked. The new University Hill Secondary School, locally known as U-Hill, was recently relocated to the Wesbrook Village neighbourhood. University Hill Secondary ranked as the Number 1 Public Secondary School in the province since 1995. It is also the only public school in the BC to have received a 10.0 mark from the Fraser Institute, and it has regularly tied for first in the past few years with BC's top private schools in the Fraser Institute's Report Card.


The new $29-million Norma Rose Point School is a combined K-8 Elementary and Middle School. It is situated on the former University Hill Secondary site, southeast of campus, nearest to the Hampton Place and East Campus neighbourhoods. It offers a variety of a wide range of 21st-century learning tools, including a digital media lab, wireless internet access and classrooms are designed to support the use of integrated technologies.


With excellent schools and a well-planned infrastructure that includes nearby shopping, green spaces, fitness facilities and outdoor recreational opportunities, University Endowment has much to offer.


It is important to note that the majority of the University Endowment Apartments and Townhouses are Leasehold properties. For more information about leasehold property ownership, please visit our University Endowment Houses for Sale page.


Other UBC Housing Options

Besides buying a University Endowment Condo, there are also other options available for students and UBC faculty members. The UBC Housing Office can assist and provide alternative UBC Family Housing options.


University Endowment Apartments for rent

If you are looking for University Endowment Apartments for Rent, you can visit the following websites.

Wesbrook Properties. The Wesbrook Properties Rental Management Services manages many rental properties on behalf of UBC Properties Trust.

University MarketPlace. The University MarketPlace manages 108 luxury apartments in the University Village area. 


If you have any other questions about Condos for Sale in University Endowment, feel free to contact me.


Please be advised that www.theuniversityhomes.ca is an independent real estate service and is not owned or operated by, and is in no way affiliated with, or endorsed by, the University of British Columbia ("UBC"). The term "UBC" as it appears on this website is used solely to identify the geographic location of the University of British Columbia campus and is used for descriptive purposes to help users identify the location of real estate listings. Any real estate services or information provided on this website are exclusively those of H & S Real Estate Group, an independent real estate professional, and do not represent the views, policies, or endorsements of the University of British Columbia.