UBC condos: what they cost in July 2026
$996K
Condos in UBC benchmark at $996K as of July 2026, 44.8% above the Metro Vancouver condo benchmark of $688K. The benchmark is down 6.8% over the past year and down 0.7% over the past month. That is 0.7 points better than the region's -7.5%, so UBC condos are holding value better than the market as a whole. Of the 22 Vancouver neighbourhoods with a published condo benchmark, UBC ranks 3 of 22.
Source: Greater Vancouver REALTORS® • MLS® HPI Benchmark Summary • July 2026 · GVR sub-area “University VW”
What this means if you are looking here
This is the most affordable way into UBC, and I do not mean that as a consolation. The UBC address, the same shops, the same catchment — a condo buys all of it for about 53% less than a house here. If you love the neighbourhood and the house number is out of reach, this is the honest answer to that problem.
It is down 6.8% over the year, tracking the wider market closely — Vancouver as a whole was down 7.5%. Nothing unusual is happening in UBC, which is its own kind of useful: at $996K, you can read the citywide commentary and trust that it applies here. It came off another 0.7% just in the last month.
The number that matters most on a condo is rarely the asking price. It is the depreciation report, the contingency reserve, and whether the building has a special levy coming. Two units on the same floor of two different buildings can both be listed near $996K in UBC and be a very different decision. I read the minutes before you write an offer, every time.
If you are trying to work out whether a particular UBC condo is worth its asking price against this $996K benchmark — or what yours would fetch today — just ask me. No obligation and no sales pitch. I would rather you had a real number and a straight answer than a good feeling about an index.
— Aparna Kapur, Real Estate Agent with Oakwyn Realty Ltd.
How it compares with the rest of the region
| Benchmark | Price | 1 year | 1 month |
|---|---|---|---|
| UBC condos | $996K | -6.8% | -0.7% |
| Metro Vancouver condo | $688K | -7.5% | -1.1% |
UBC ranks 3 of 22 Vancouver neighbourhoods with a published condo benchmark, with 19 areas priced below it.
Neighbourhoods at a similar price
- Oakridge condos — $993K (-0.4% vs UBC)
- Shaughnessy condos — $991K (-0.5% vs UBC)
- Kerrisdale condos — $979K (-1.8% vs UBC)
- Cambie Corridor condos — $1.02M (+2.7% vs UBC)
Other property types in UBC
- UBC houses — $2.12M
- UBC townhouses — $1.56M
What you get in UBC
World-Class Campus & Community. Walk Score 70, Transit Score 65.
- University of British Columbia campus
- Pacific Spirit Regional Park
- Museum of Anthropology
- Wreck Beach & Spanish Banks
Questions people ask
How much does a condo cost in UBC?
The MLS® HPI benchmark for condos in UBC is $996K as of July 2026. The benchmark describes a typical property of that type in the area, so an individual home can sit well above or below it depending on size, condition, outlook, and lot.
Are UBC condos going up or down in price?
Down 6.8% over the past year and down 0.7% over the past month, on the July 2026 release. Metro Vancouver condo moved -7.5% over the same year.
Is UBC expensive for condos compared with the rest of Vancouver?
UBC sits +44.8% against the Metro Vancouver condo benchmark, and ranks 3 of 22 neighbourhoods with a published benchmark for this type. The closest on price are Oakridge, Shaughnessy, Kerrisdale.
What is a benchmark price, and is it the same as an appraisal?
No — a benchmark is not an appraisal. The MLS® Home Price Index models a typical property for an area and property type, which makes it a good way to track a market over time, but it values no particular home. For that you need a comparative market analysis on the actual property, which Aparna provides at no cost.
Want the number for an actual property?
A benchmark tracks a market; it does not value a home. A comparative market analysis looks at the specific property — its size, condition, outlook, and what comparable homes actually sold for. Aparna Kapur prepares one at no cost and no obligation.
Aparna Kapur, Real Estate Agent licensed in British Columbia, Oakwyn Realty Ltd., 3195 Oak Street, Vancouver, BC V6H 2L2, Canada. 604-612-7694. Benchmark figures are Greater Vancouver REALTORS® MLS® Home Price Index values for the University VW sub-area, July 2026, and are not an appraisal of any specific property. MLS® and REALTOR® are trademarks owned by the Canadian Real Estate Association.