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

$499,900
Est. Mortgage /mo

$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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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 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 310 989 Nelson Street, a vibrant property in the heart of Downtown Vancouver!

As a seasoned realtor with extensive knowledge of the local market, I'm excited to share with you the unique features and benefits of this exceptional home.

Education:

Just down the road, you'll find Lord Strathcona Community Elementary School, rated "No Rating" by the local community. This school is conveniently located 0.87 km from 310 989 Nelson Street, making it an ideal choice for families. Additionally, King George Secondary School, also rated "No Rating," is just 1.25 km away, offering students a range of academic and extracurricular opportunities.

For those seeking a more independent education, Anchor Point Montessori Elementary School is a short 0.62 km from 310 989 Nelson Street, while Pattison School Secondary is just 0.05 km away, providing easy access to quality education for your children.

Safety:

According to the latest crime statistics from Statistics Canada (2020), the neighbourhood surrounding 310 989 Nelson Street, Vancouver, BC has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. With a 14.94% decrease in total crime rates over the past year, this area is becoming increasingly safe and secure.

Demographics:

This property, with its MLS listing number R3057229, is situated in a thriving community with a diverse population. According to the latest census data, 58.5% of residents in this area hold a university certificate or degree, making it a hub for educated professionals. In contrast, only 2.4% of the population has no certificate or degree, highlighting the area's strong educational values.

Transit:

Convenience is key when it comes to transportation. The Southbound Burrard St @ Barclay St bus station is just 0.1 km away from 310 989 Nelson Street, making it an ideal location for commuters.

Lifestyle Amenities:

This property offers an incredible lifestyle, with a range of amenities at your doorstep. With an average household income of $65,920, you'll have access to a variety of shopping, dining, and entertainment options. Additionally, the property's proximity to public parks, beaches, and trails makes it an ideal choice for outdoor enthusiasts.

Real Estate Context:

310 989 Nelson Street, with its MLS listing number R3057229, is a sought-after property in a highly sought-after neighbourhood. With an average dwelling value of $745,989, this property is a significant investment in the heart of Vancouver. The area's high population density, with 9,296.6 people per square kilometre, makes it a vibrant and dynamic community.

Community Insights:

Unemployment rates in this area are low, at 4.3%, making it an attractive choice for professionals and families alike. The average family size in this community is 2.2, which is lower than the regional average. Additionally, 25.3% of families in the area have children, and 42.4% of the population is married or living in a common-law relationship.

Property Insights:

The average value of dwellings in this neighbourhood is $745,989, making it an investment-worthy property. With an average owner payment of $1,792 and an average tenant payment of $1,723, this property offers a range of financial opportunities.

Language:

The community surrounding 310 989 Nelson Street, Vancouver, BC is linguistically diverse, with 10.5% of residents speaking English and French, while 87.2% speak only English. This diversity makes it an attractive choice for individuals and families from a range of cultural backgrounds.

Transportation:

Residents in this area make use of public transportation, with 18.7% of the population relying on buses, 24.5% on cars, 1.7% on bicycles, and 53.4% on foot. This emphasis on alternative transportation makes it an environmentally friendly and sustainable community.

Investment Opportunity:

310 989 Nelson Street, Vancouver, BC (MLS listing number R3057229) is an exceptional investment opportunity in a thriving neighbourhood. With its proximity to quality education, safe and secure environment, and vibrant community lifestyle, this property is sure to appreciate in value over time.

I hope you've enjoyed this guided tour of 310 989 Nelson Street, Vancouver, BC. As a seasoned realtor, I'm confident that this property will become your dream home. Contact me today to schedule a viewing and make this incredible opportunity a reality!

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 $440,111
Downtown VW $441,333
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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