1207 989 Nelson St, Vancouver, BC, MLS® R3065072

$718,900
Est. Mortgage /mo

$718,900
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 825.95 Maint. Fee
810 sqft
1995 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1207 989 Nelson St, Vancouver, BC | MLS® R3065072 Property Details

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

Price $718,900
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 810
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1995
Age Of Building 30
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Trash, Management, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3065072
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $2,379.24
Ownership Type Freehold Strata
Maintenance Fee $825.95
Amenities Nearby Trash, Management, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air
Cooling Central Air

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type None
Total Parking Spaces 0

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Strata Restrictions Pets Not Allowed
Pet Restrictions No
Rental Restrictions 100
Zoning CD-1
Rental Suites -
Laundry Common Area
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite
Locker -
View 1
View Description Mountain, City, Water
Units In Development -
Exterior Features Garden, No Outdoor Area
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: RE/MAX Select Realty

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.

Neighborhood Info

Public Schools

Secondary
King George Secondary School
1.25 km
Elementary
Lord Strathcona Community Elementary School
0.87 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Anchor Point Montessori
0.62 km
Secondary
Pattison High School
0.05 km

Closest Transit

Bus Stop
Southbound Burrard St @ Barclay St
0.1 km
Skytrain
Skytrain @ Vancouver City Centre Stn
0.51 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

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.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $718,900
Vancouver $829,536
Downtown VW $814,083
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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