The Electra is centrally located in the heart of downtown and was originally built as the B.C. Electric/Hydro Building before being converted into 242 residential units in 1995. This spacious 808 sqft southeast corner unit features 2 bedrooms and 2 bathrooms, a well-designed layout, central air conditioning, and abundant natural light. Residents enjoy a range of amenities including free shared laundry on every floor, guest suites, private storage room, fitness Centre, sauna, billiards and table tennis lounge, party room, and more. Conveniently close to public transit, shopping, and entertainment. This is a property you won't want to miss!
General Info
Price
$730,000
Total Bedrooms
2
Total Bathrooms
2
Half Bathrooms
0
Floor Area Total (sqft)
808
Lot Size
-
Lot Size Depth
Feet
Lot Size Frontage
0
Basement
None
Basement Features
-
Property Metrics
Year Built
1995
Age Of Building
30
Building Type
Apartment/Condo
Property Type
Residential
Stories
1
Appliances Included
Dishwasher, Refrigerator, Stove
Building Amenities
Recreation Facilities, Concierge, Caretaker, Trash, Heat, Hot Water, Management, Sewer, Snow Removal
Utility Type
Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)
Public
Parking
Parking Type
None
Total Parking Spaces
-
Rooms
Floor
Type
Dimensions
Main Level
Primary Bedroom
10' x 10' ft
Main Level
Bedroom
10' x 10' ft
Main Level
Living Room
13' x 13' ft
Main Level
Kitchen
9' x 9' ft
Main Level
Dining Room
12' x 12' ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
Yes
#3
Main Level
No
#4
Listed by: Royal Pacific Riverside Realty Ltd.
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 & Transit 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
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average
Demographics
Post-Secondary Education
Above Average
58.5%
No Certificate/Degree
Below Average
2.4%
Owner Occupied
Average
72.4%
Employment Rate
Below Average
25.3%
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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes$201
Maintenance fee0
Based on a 30-year fixed at 4% interest with 20% down ($146,000), the estimated monthly payment for this listing is $3,842/month — $2,788 principal & interest, $201 property tax, $853 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment0%
At an estimated rental income of $2,701/month, this property runs a $1,201/month shortfall after mortgage and carrying costs. Break-even requires approximately 55% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$730,000
Vancouver
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Downtown VW
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Based on 40 comparable active Apartment/Condos in Downtown VW, the average asking price is $811,831. This listing is priced 10.1% below the neighbourhood average.
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
Property FAQs
What are the closest top-rated schools to 1401 989 Nelson Street, Vancouver, BC?
The closest top-rated schools are King George Secondary School and Lord Strathcona Community Elementary School.
Is 1401 989 Nelson Street, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 1401 989 Nelson Street, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $4,380.
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