3 5879 GRAY AVENUE

Vancouver, British Columbia · Neighbourhood: University
C$1,999,000

Local Decision Guide

How should buyers evaluate 3 5879 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.

For sale
3 5879 GRAY AVENUE
Sat Jun 6
02:00 PM - 04:00 PM
Sun Jun 7
02:00 PM - 04:00 PM

Remarks

Rarely available park-front townhome in one of UBC´s most sought-after communities. This 4-level residence offers 2,422 square ft of bright, well-designed living space with serene views over beautifully landscaped grounds, ponds & water features. Renovated in 2021, the home features an open-concept main floor, large windows, & an updated kitchen with stainless steel appliances, stone countertops, & quality finishes. Multiple patios & decks provide seamless indoor-outdoor living surrounded by lush greenery. The upper levels offer spacious bedrooms, while the lower level includes a versatile recreation room ideal for a media room, gym, or guest space. Complete with an attached two-car garage & just steps to University Hill Secondary, parks, trails, shopping & UBC amenities. Open House: Mon June 1, 4-6 PM; Wed June 3, 4-6 PM; Sat June 6, 2-4 PM; Sun June 7, 2-4 PM. Offers, if any, to be presented Friday, June 8th at 2:00 PM. (id:56153)

Property Details

Row / Townhouse
Building Type
4
Bedrooms
4
Bathrooms
2009
Year Built
17 years
Age
6
Days on Site
2,422 sqft
Interior Size
C$825
Price per Sqft

Complex Name: Crescent West

Transaction: For sale

Status: active

Listing ID: 29829795 (R3129990)

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Site Context

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Property Summary

Price: C$1,999,000

PID: 027-850-072

Days on Site: 6 days

Added to BurnabyHouse: 2026-05-30

Updated on: 2026-06-04 09:01 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 993.8 m
University Hill Secondary SECONDARY
Public · School District 39
3228 Ross Dr, Vancouver, BC
Straight-line distance about 497 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 340.2 m away
5945 Berton Avenue, Vancouver
Urban Fare
About 1.5 km away
5380 University Boulevard, Vancouver
Shopping Centres
UBC Farm Market
About 425.8 m away
University Village
About 1.6 km away
Parks / Green Space
Michael Smith Park
About 94.3 m away
Mundell Park
About 239.4 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: Thu, 04 Jun 2026 08:02:53 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Royal Pacific Realty Corp.

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