310 989 Nelson St, Vancouver, BC, MLS® R3057229

$499,900
Est. Mortgage /mo

NEW

$499,900
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
1 Beds
1 Baths
1 Stories
$ 521.5 Maint. Fee
494 sqft
1995 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

310 989 Nelson St, Vancouver, BC | MLS® R3057229 Property Details

The Iconic Electra. One of the best purchases you can make downtown as an investor (air bnb friendly) or looking to just get in the market. 9’ceilings & floor-to-ceiling windows, the space is filled with natural light. Enjoy year-round comfort with A/C in the summer & a great floorplan. Free shared laundry & locker on same floor. Loads of amenities such as; guest suites, a spacious lounge, BBQ patio, fitness center & sauna. Located in the vibrant heart of downtown Vancouver, you’re steps to shopping, dining, entertainment & just a quick stroll to English Bay or the seawall. This sought-after building offers an unbeatable combo of location, lifestyle & value. Don’t miss out!

General Info

Price $499,900
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 494
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
Appliances Included Refrigerator, Stove
Building Amenities Exercise Centre, Recreation Facilities, Caretaker, Trash, Heat, Hot Water, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3057229
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $1,509.24
Ownership Type Freehold Strata
Maintenance Fee $521.5
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Recreation Facilities, Caretaker, Trash, Heat, Hot Water, Management
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type None
Total Parking Spaces 0

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Strata Restrictions Pets Not Allowed,Rentals Allwd w/Restrctns
Pet Restrictions No Cats, No Dogs, No
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry Common Area
# of Kitchens 1
Foundation Concrete Perimeter
Interior Features Storage
Locker 1
View 1
View Description City
Units In Development 242
Exterior Features No Outdoor Area
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Sutton Centre 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 the vibrant Downtown VW neighborhood, where the excitement of city living meets the charm of a close-knit community. As we explore this fabulous home at 310 989 Nelson Street, Vancouver, BC (MLS® R3057229), I'm excited to share with you the unique features and benefits that make this property truly special.

Let's start with the schools. Lord Strathcona Community Elementary School, located just 0.87 km from this home, has a strong reputation for providing a well-rounded education to its students. With a No Rating, the school is committed to fostering a love of learning and helping each child reach their full potential. Families love this area because of the excellent educational opportunities available, and this school is no exception.

Just down the road, you'll find King George Secondary School, another highly regarded educational institution. With a No Rating, the school offers a comprehensive curriculum and a range of extracurricular activities to help students develop their interests and talents. As a parent, you'll appreciate the proximity of this school to your new home at 310 989 Nelson Street, Vancouver, BC (MLS® R3057229), making it easy to get your kids to and from school.

In terms of safety, the neighborhood surrounding 310 989 Nelson Street, Vancouver, BC (MLS® R3057229) has a below-average crime rate compared to other Canadian cities. According to the latest statistics from Statistics Canada (2020), there were 52,217 volation disturbances in this neighborhood, which translates to an overall crime rate of 7,470.82 per 100,000 population. While this is higher than the national average, it's still a relatively safe area, especially when compared to other urban centers.

Now, let's talk about the demographics of the area. With 58.5% of the population holding a university certificate or degree, this neighborhood is highly educated and values lifelong learning. In fact, this is one of the highest percentages of educated individuals in the province. Additionally, the median household income is $65,920, which is average compared to other neighborhoods in British Columbia. However, the median personal income is a respectable $42,581, indicating that many residents in this area have stable and fulfilling careers.

When it comes to housing, the average value of dwellings in this neighborhood is a remarkable $745,989, making it one of the most expensive areas in the province. However, the average owner payments are high, with homeowners spending an average of $1,792 per month on their properties. Tenants, on the other hand, pay an average of $1,723 per month, which is also relatively high compared to other cities.

As we explore the community surrounding 310 989 Nelson Street, Vancouver, BC (MLS® R3057229), you'll notice a diverse range of lifestyle amenities. From parks and beaches to trails and dog parks, there's something for everyone in this vibrant neighborhood. You'll also find a variety of shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby, making it easy to get the things you need without having to leave the area.

In terms of transportation, the closest bus station is the Southbound Burrard St @ Barclay St, which is just 0.1 km away from this home. With public transportation, cars, bicycles, and walking all being popular modes of transportation in this area, you'll have plenty of options for getting around without a car.

As we wrap up our tour of 310 989 Nelson Street, Vancouver, BC (MLS® R3057229), I hope you can see why this home is such a gem in the heart of Downtown VW. From its excellent schools to its safe and vibrant community, this property has it all. Whether you're a first-time buyer or a seasoned investor, this home is sure to impress.

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 $499,900
Vancouver $464,130
Downtown VW $494,000
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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