704 89 Nelson St, Vancouver, BC | MLS^® R3013073 Property Details

15.56% cheaper than comparables

Welcome to The Arc by Concord Pacific – a landmark of luxury living in downtown Vancouver’s Yaletown. This 1 bed unit offers 500 sqft of efficient space with Miele appliances, sleek millwork, a marble bathroom, and a feature TV wall. Enjoy triple-glazed floor-to-ceiling windows with stunning city and water views. The spacious den is perfect for a home office or extra storage. Resort-style amenities include a glass-bottom pool on the 21st floor, view gym, lounge, sauna/steam, and 24hr concierge. Steps to the Seawall, SkyTrain, top dining, and shops. Book your showing today! Optional Purchase Available: 1 EV Parking Stall for $52,000 and 1 Storage Locker for $10,000.

General Info

Price $649,000

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 500

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2019

Age Of Building 6

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Amenities Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3013073

Area Vancouver West

Neighbourhood Yaletown

City Vancouver

Gross Taxes $1,953.06

Ownership Type Freehold Strata

Maintenance Fee $361.8

Community Features Shopping Nearby

Amenities Nearby Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Snow Removal

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Heat Pump

Cooling Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type None

Total Parking Spaces -

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Strata Restrictions Rentals Allowed

Rental Restrictions -

Zoning RES

Rental Suites None

Laundry In Unit

# of Kitchens 0

Foundation Concrete Perimeter

View Description Garden, partial water

Units In Development 620

Exterior Features Balcony

Sewer Public Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13'5 x 13'5 ft
Main Level	Primary Bedroom	10'7 x 10'7 ft
Main Level	Foyer	10'6 x 10'6 ft

Listed by: RE/MAX Crest 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

2.26 km

Elementary

Lord Strathcona Community Elementary School

1.03 km

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

Private Schools

Elementary

The Westside School

0.35 km

Secondary

Lowell High School

0.49 km

Closest Transit

Bus Stop

Westbound Expo Blvd @ Nelson St

0.05 km

Skytrain

Skytrain @ Yaletown-Roundhouse Stn

0.49 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 704 89 Nelson Street, a vibrant neighborhood in the heart of Vancouver's Yaletown!

Located in the prestigious 704 89 Nelson Street, Vancouver, BC, this property boasts a prime address, with MLS^® R3013073, perfect for those seeking a blend of urban convenience and picturesque scenery. As your trusted realtor, I'm excited to guide you through the charms of this neighborhood, highlighting the top-notch schools, low crime rates, and exceptional lifestyle amenities.

Top-Rated Schools in the Area

Families love this area because of the excellent schools nearby. The Lord Strathcona Community Elementary School, with a rating of No Rating, is just 1.03 km from this stunning property. What's more, King George Secondary School, also with a rating of No Rating, is a mere 2.26 km away. For those seeking independent education options, The Westside School, located 0.35 km from this home, and Lowell High School, located 0.49 km away, are both excellent choices.

A Safe and Secure Neighborhood

According to the latest crime statistics from Statistics Canada (2020), this neighborhood boasts an Average crime rate of 7,470.82, compared to other Canadian cities. This means you can enjoy peace of mind knowing that your family is safe and secure. The drug crime rate is also Average, with a rating of 229.49, and the property crime rate is Above Average, with a rating of 5,020.27. Violent crime rates are Below Average, with a rate of 1,311.69, making this an excellent choice for families.

Lifestyle Amenities Galore

This neighborhood is a haven for outdoor enthusiasts, with numerous parks, beaches, and trails within easy reach. The Westbound Expo Blvd @ Nelson St bus station is just 0.05 km away, making commuting a breeze. With a population density of 14,953.4 people per square kilometer, you'll be surrounded by like-minded individuals who appreciate the urban lifestyle.

Demographics and Community

The neighborhood surrounding 704 89 Nelson Street, Vancouver, BC, boasts a diverse community, with 56.5% of residents holding a university certificate or degree, making it one of the highest in British Columbia. The median household income is $78,822, which is Above Average compared to the BC average. With a low unemployment rate of 5.5%, you can be confident in the stability of this neighborhood.

Real Estate Context

The average value of dwellings in this neighborhood is $756,218, making it one of the highest in British Columbia. With an average owner payment of $1,811 and tenant payments of $1,803, this neighborhood offers an excellent return on investment. With a high percentage of renters (51.6%), you can expect a steady income stream from your investment property.

Getting Around

With 19.2% of residents using public transport, 37.5% using cars, 2.8% using bicycles, and 38.6% walking, this neighborhood offers a range of transportation options to suit every lifestyle.

704 89 Nelson Street, Vancouver, BC, MLS^® R3013073

Experience the best of urban living at 704 89 Nelson Street, Vancouver, BC, MLS^® R3013073. With its exceptional schools, low crime rates, and picturesque scenery, this property is an excellent choice for families, investors, and anyone seeking a high-quality lifestyle. Don't miss out on this incredible opportunity – contact me today to schedule a viewing!