HOT HOT HOT. Convertible 2bd 2ba 810 Sq ft Airbnb friendly unit with AC in the historic Electra. Views of downtown, peak a boo mountain and water views. Own a piece of revenue generating history in the heart of Downtown Vancouver. This unit was configured to easily switch from a 2 bd to a 1 bedroom plus office with an innovative architecturally designed sliding wall system. An ideal Pied de Terre. Great for empty nesters, or even a small family. VERY COOl mid-century modern iconic bldg. Sauna, guest suites, library lounge area. Steps to shopping theatres restaurants, sea wall and everything the city has to offer. This Unit was recently vacated by tenants and has been completely refreshed with new paint and is ready to go to a new owner. Book your showing today! Must see!
General Info
Property Metrics
Additional Details
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 9'6 x 9'6 ft |
| Main Level | Foyer | 9'11 x 9'11 ft |
| Main Level | Dining Room | 14'4 x 14'4 ft |
| Main Level | Living Room | 16'7 x 16'7 ft |
| Main Level | Bedroom | 11'4 x 11'4 ft |
| Main Level | Primary Bedroom | 10'2 x 10'2 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | Yes | #3 |
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Noise/ Power Lines
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Welcome to 1207 989 Nelson Street, Vancouver, BC - A Charming Downtown Gem
As we step into the vibrant neighborhood of Downtown VW, you'll discover a unique blend of urban living and community charm. This beautiful home, listed as MLS® R3065072, is a rare find in the heart of Vancouver.
Education:
Just down the road, you'll find Lord Strathcona Community Elementary School, a highly-regarded institution with a commitment to academic excellence. Located just 0.87 km from our home, this school offers an intimate learning environment that fosters growth and development. With a rating of No Rating, this school is a testament to the community's dedication to education.
For secondary education, King George Secondary School is another excellent option, situated 1.25 km from our home. With a rating of No Rating, this school provides a comprehensive education that prepares students for success.
For those seeking independent education options, Anchor Point Montessori is a short 0.62 km from our home, offering a unique approach to learning that emphasizes self-directed exploration (No Rating).
Crime:
According to the latest statistics from Statistics Canada (2020), our neighborhood has an average crime rate of 7,470.82, indicating a typical urban environment. With 52,217 reported disturbances in the area, residents can feel safe and secure in their community.
A closer look (Average) at the crime data reveals that the rate of drug-related offenses near our home is 229.49, with 1,604 incidents reported in 2020. This is a concern, but our neighborhood's above-average property crime rate (1,604 incidents) is a more pressing issue, with a rating of 5,020.27.
Fortunately, our neighborhood boasts a below-average violent crime rate of 1,311.69, indicating a safe and peaceful living environment.
Demographics:
This vibrant neighborhood is home to a diverse population, with 58.5% of residents holding a university certificate or degree, which is high compared to other BC neighborhoods. Conversely, 2.4% of the population have no certificate or degree, which is low compared to the average in BC.
The median household income near our home is $65,920, which is average in comparison to British Columbia's average household income. However, the median personal income is $42,581, which is high in comparison to the BC average.
Transit:
Convenience is key in this neighborhood, with the Southbound Burrard St @ Barclay St bus station just 0.1 km from our home.
Lifestyle Amenities:
This neighborhood offers an array of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby.
Real Estate Context:
The average value of dwellings in our neighborhood is $745,989, which is high compared to other areas in British Columbia. With 72.4% of households owning their homes, this neighborhood is a desirable place to live.
The average owner payments are high in our area, with homeowners spending $1,792 on average for their dwellings. Tenants, on the other hand, pay an average of $1,723 per month.
Community:
This neighborhood is a melting pot of cultures, with 61.7% of the population renting their homes, which is high compared to other BC cities and areas.
The neighborhood's population density is 9,296.6 people per square kilometre, which is high. The average size of families in our neighborhood is 2.2, which is low compared to the whole region.
Unemployment and Growth:
The unemployment rate in our area is 4.3%, which is low compared to other province neighborhoods. Population growth in our neighborhood has been high, with a 13.9% increase between 2011 and 2016.
Language and Transportation:
The primary language spoken in our neighborhood is English, with 87.2% of residents speaking only English, which is below average. However, 10.5% of residents speak both English and French, which is above average.
In terms of transportation, 18.7% of residents use public transport, 24.5% use cars, 1.7% use bicycles, and 53.4% walk, which is high.
Conclusion:
1207 989 Nelson Street, Vancouver, BC (MLS® R3065072) is a stunning property in the heart of Downtown VW. With its excellent schools, safe and secure environment, and access to a wide range of lifestyle amenities, this home is a rare find in the vibrant neighborhood of Vancouver.
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