Property Type: Condo / ApartmentOwnership: StrataRECENTLY LISTED

508 5629 BIRNEY AVENUE

Vancouver, BC V6S0L5

$1,399,000

2 bed2 bath2 parking1,073 sqftBuilt 2021
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Open House

Saturday, September 5

2:00 PM4:00 PM

Saturday, September 5

2:00 PM4:00 PM

Sunday, September 6

2:00 PM4:00 PM

Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$744/mo
Annual property tax
$2,862.5 (2026)

Interior

Heating
Heat Pump, Forced air
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
All, Oven - Built-In

Exterior & Lot

View
View
Lot features
Central location, Treed, Elevator

Building

Security
Smoke Detectors, Sprinkler System-Fire
Parcel ID (PID)
031-268-404

Parking

Total spaces
2 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3159228
Listed
August 26, 2026
Time on market
On the market for 5 days
Tax assessment year
2026
Data last synced
August 30, 2026

Listing provided by: 1NE Collective Realty Inc. · Data source: CREA DDF.

Description

Discover comfortable living at IVY on the Park by Wall Group, ideally situated in UBC's Wesbrook Village. This bright 5th-floor southeast corner home features 2 bedrooms, 2 bathrooms, abundant natural light and a tranquil outlook surrounded by greenery. Enjoy full A/C, a contemporary kitchen with integrated appliances and spacious bedrooms with large windows. A rare bonus: 2 side-by-side parking stalls plus 1 storage locker. Building amenities include 7-day concierge, fitness centre, meeting room, piano room and practice room. Close to parks, schools, shops, dining and community amenities. (id:63159)

Values & Trends

This listing

$1,304/sqft

Building average

$1,376/sqft

6 active listing(s)

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$729,200

Jul 2026

Average Sale Price

$892,419

Jul 2026

Monthly Sales

342

Jul 2026

Active Listings

2,222

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

25 days

Jul 2026

MLS® HPI Benchmark Price

$820,100
$729,200
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

48

6/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
University Hill SecondarySecondary689 m
Norma Rose Point Elementary JuniorElementary804 m
Eaton Arrowsmith School (Vancouver) Ltd(Independent)Elementary/Middle1.5 km
University Hill ElementaryElementary2.2 km
Queen Mary ElementaryElementary2.4 km
St. George's School(Independent)K-122.5 km
West Point Grey Academy(Independent)K-122.6 km
Pacific Spirit School(Independent)K-122.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Southbound Wesbrook Mall @ Birney Ave294 m
Northbound Wesbrook Mall @ Birney Ave301 m
Eastbound W 16 Ave @ Wesbrook Mall329 m
Westbound W 16 Ave @ Wesbrook Mall335 m
Northbound Wesbrook Mall @ W 16 Ave351 m

Nearby Places

Restaurants (5+)

  • Poke by Ryuu · 3358 Wesbrook Mall284 m
  • Freshii · 3351 Wesbrook Mall316 m
  • Togo Sushi · 3380 Shrum Lane321 m
  • Sports Illustrated Clubhouse · 3340 Shrum Lane323 m
  • Nicli Pizzeria + Bar · 3339 Shrum Lane361 m

Cafes (3)

  • Blenz Coffee · 3381 Wesbrook Mall306 m
  • Starbucks404 m
  • Field House Cafe692 m

Grocery (1)

  • Save-On-Foods · 5945 Berton Avenue423 m

Parks (5+)

  • Khorana Park134 m
  • Michael Smith Park156 m
  • Pacific Spirit Regional Park322 m
  • Mundell Park465 m
  • Nobel Park565 m

Pharmacies (2)

  • Shoppers Drug Mart403 m
  • Save-On-Foods Pharmacy435 m

Banks & ATMs (3)

  • RBC355 m
  • TD · Berton Avenue361 m
  • RBC Royal Bank · 5903 Berton Avenue369 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,119,200.00
Periodic payment — Principal & Interest (monthly)$7,220.70
Additional monthly expenses (strata, tax, utilities, etc.)$1,036.48
Total monthly cost$8,257.18
Interest paid over 5-yr term$320,765.94
Balance at end of term$1,006,724.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,874.28

Cash Needed at Closing

Minimum down payment$114,900
Estimated BC PTT$25,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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