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$999,000

213 5983 GRAY AVENUE

Vancouver · MLS® R3147347

3 bed · 2 bath · 987 sq ft · 1 parking

Condo · Single Family · built 2013 · 82 days on market

Listed by Benson Lee, Nu Stream Realty Inc.

Sail, built by award-winning developer Adera, is a prestigious community in the heart of UBC's Wesbrook Village, offering modern design, quality craftsmanship, and everyday convenience. This rare corner 3-bedroom, 2-bathroom home features a spacious open layout with an oversized living room, high ceilings, and large windows for abundant natural light. The gourmet kitchen offers granite countertops, stainless steel appliances, and ample storage, while in-floor heating provides year-round comfort. Enjoy peaceful courtyard views from the private patio. Steps to UBC campus, Wesbrook Village shops, Save-On-Foods, cafes, the community centre. school cachment: University Hill Secondary & Norma Rose Point Elementary. 1 parking & 1 locker. Don't miss it!

Type: Condo, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 987 sq ft
Parking: 1
Year built: 2013
Property tax: $1,582 / yr
Strata fee: $552 / mo ($0.56 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 82
MLS®: R3147347

Typical for the area (-0.8%)

Price per sq ft: $1,012 vs $1,020 median for condos in Vancouver for sale (2066)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Elevator
Pets Allowed With Restrictions
All

On market 82 days

Listed now: 41 days; median for 2066 condos for sale; this one 82 days

Condos in Vancouver. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary Norma Rose Point Elementaryhomes in this catchment
Secondary University Hill Secondaryhomes in this catchment

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

$5,037/mo

Mortgage $4,353 · Tax $132 · Strata $552

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$4,353/ monthly

loan $799,200

25-year amortization

down payment20% · $199,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $506,564
property transfer tax: $17,980; BC general rate
cash to close: $217,780; down + PTT
total paid: $1,305,764

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,820/mo
After all costs: −$2,477/mo
Cap rate: 2.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,353 · tax $132 · strata $552 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom in Metro Vancouver (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Vancouver also charges an empty homes tax. vancouver.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

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