785 87 Nelson St, Vancouver, BC, MLS® R3083289

$990,000
Est. Mortgage /mo

NEW

$990,000
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
5 Stories
$ 637 Maint. Fee
872 sqft
2019 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

785 87 Nelson St, Vancouver, BC | MLS® R3083289 Property Details

Sophisticated 2-Bedroom + Flex Corner Residence at The Arc. his beautifully crafted 2-bedroom + flex/den, 2-bath corner home showcases panoramic views of False Creek and the Vancouver skyline. The floor plan is intelligently designed with floor-to-ceiling windows, and separated bedrooms for maximum privacy. The interiors feature air conditioning, laminate flooring throughout, and roller shades for comfort and style. The chef-inspired kitchen is appointed with premium Miele appliances, while the primary suite offers a spa-like ensuite and generous closet space. Residents of The Arc enjoy access to the exclusive Sky Club, complete with the iconic 20th-floor glass-bottom pool. Steps to the Seawall, fine dining, and downtown conveniences

General Info

Price $990,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 872
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2019
Age Of Building 7
Building Type Apartment/Condo
Property Type Residential
Stories 5
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Management, RV Parking, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3083289
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Gross Taxes $3,947.69
Ownership Type Freehold Strata
Maintenance Fee $637
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Management, RV Parking, Sewer, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Heat Pump, Radiant
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Underground, Side Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites None
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter, Other
Interior Features Elevator
Locker -
View 1
View Description Marina and Water Views
Units In Development 620
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status Date Price
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Listed by: Nu Stream Realty Inc.

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
2.28 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
0.5 km

Closest Transit

Bus Stop
Eastbound Pacific Blvd @ Marinaside Cres
0.07 km
Skytrain
Skytrain @ Yaletown-Roundhouse 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 785 87 Nelson Street, a stunning property in Vancouver's vibrant Yaletown neighborhood!

As we step into this charming community, you'll be greeted by the warm and welcoming atmosphere of Lord Strathcona Community Elementary School, just a 1.03 km stroll away. With a rating of No Rating, this school is a great option for families looking for a nurturing environment for their children.

Just down the road, you'll find King George Secondary School, a 2.28 km walk from our MLS® R3083289 listing. This school also boasts a rating of No Rating, making it an excellent choice for students of all ages.

For those seeking a private education, The Westside School, an independent elementary school, is conveniently located just 0.35 km from our property. With a rating of No Rating, this school offers a unique and personalized learning experience.

Just a stone's throw away, Lowell High School, an independent secondary school, is situated 0.5 km from our listing. With a rating of No Rating, this school provides a rigorous and well-rounded education for high school students.

Now, let's talk about safety. According to Statistics Canada's 2020 report, our neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. This means you can enjoy a sense of peace and security in your new community. The crime rate has even shown a 14.94% decrease year-over-year, making it an attractive option for families.

In terms of specific crime types, our neighborhood has an Average drug crime rate, with 229.49 incidents per 100,000 population. This is compared to 1,604 illegal substances lawbreaking disturbances in the city in 2020. The year-over-year change in the illegal substances offences ranking is a modest 1.58%.

Property crimes in our neighborhood are Above Average, with 5,020.27 incidents per 100,000 population. This is compared to 35,089 property misconduct incidents in the neighborhood in 2020. The year-over-year change in the property misconduct rate is a significant -20.80%.

Violent crime rates in our neighborhood are Below Average, with 1,311.69 incidents per 100,000 population. This is compared to 9,168 violent lawbreaking disorders in the city in 2020. The year-over-year change in the violent crime rate is a relatively small 3.53%.

Now, let's talk about transportation. The closest bus station, Eastbound Pacific Blvd @ Marinaside Cres, is just 0.07 km away from our MLS® R3083289 listing. This makes it easy to get around without a car.

Our neighborhood is also home to a highly educated population, with 56.5% of residents holding a university certificate or degree. This is High compared to other BC neighborhoods. In contrast, only 3.6% of the population in our neighborhood has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income in our neighborhood is $78,822, which is Above Average compared to the British Columbia average. The median personal income in our neighborhood is $47,376, which is also High compared to the BC average. A significant 70.6% of households in our neighborhood have a mortgage, which is High compared to other neighborhoods.

Unemployment rates in our area are Low, at 5.5%, compared to other province neighborhoods. This makes our neighborhood an attractive option for professionals and families looking for stability and security.

Our neighborhood is also experiencing Above Average growth, with a population change of 6.7% between 2011 and 2016. This is compared to the average growth rate of the region. Population density in our neighborhood is High, at 14,953.4 people per square kilometer.

Families in our neighborhood are small, with an average size of 2.4 people per household. This is Low compared to the whole region. Only 36.5% of families in our neighborhood have children, which is Low compared to other neighborhoods. Married or living common-law couples make up 52.8% of households in our neighborhood, which is Below Average.

The average age of the population in our neighborhood is 37.8 years old, which is Below Average compared to other BC cities.

In terms of real estate, the average value of dwellings in our neighborhood is $756,218, which is High compared to other areas in British Columbia. Average owner payments in our neighborhood are also High, at $1,811 per month. Tenants in our neighborhood pay an average of $1,803 per month, which is also High compared to other cities.

A significant 51.6% of the population in our neighborhood are renters, which is High compared to

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 $990,000
Vancouver $966,395
Yaletown $1,125,067
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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