812 989 Nelson St, Vancouver, BC, MLS® R2857686

$588,000
Est. Mortgage /mo

Closed

$568,000
Closed at 11 Jun 2024
Listing price: $588,000
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
$ 504.81 Maint. Fee
494 sqft
1995 built
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Crime
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812 989 Nelson St, Vancouver, BC | MLS® R2857686 Property Details

Investment oportunity at its finest in this affordable and clean one bedroom unit that easily fits a king size bed with A/C at the popular Electra Building. Enjoy a rare layout with floor-to-ceiling windows running the entire length of the unit with 9 ft ceilings. This unit also includes an X-large storage room and free laundry facilities just steps away on the same floor. Take advantage of the building's amenities, such as the gym with sauna, BBQ lounge area, and pool table, as well as the new highspeed elevators, guest suites, and library. The superb urban location offers easy access to entertainment, restaurants, shopping, and the business district. Strata allows AirBnb per city bylaws

General Info

Price $588,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 494
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1995
Age Of Building 29
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2857686
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $1,551.63
Ownership Type Freehold Strata
Maintenance Fee $504.81
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal, Water

Heating & Cooling

Fireplace 0
Heating Type Forced Air
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type None
Total Parking Spaces 0

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Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No
Rental Restrictions 100
Zoning CD-1
Rental Suites None
Laundry Common Area
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite, Storage
Locker 1
View 1
View Description City & Garden Rooftops
Units In Development 449
Exterior Features Garden, No Outdoor Area
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Macdonald Realty Westmar

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
1.24 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
0.09 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

812 989 Nelson Street is serviced by Lord Strathcona Community Elementary School. The property with listing MLS® R2857686 is located 0.87 km from the school. Lord Strathcona Community Elementary School has a rating of No Rating.

This home with address 812 989 Nelson Street, Vancouver, BC is also serviced by King George Secondary School and located 1.24 km from it. King George Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 812 989 Nelson Street is Anchor Point Montessori with School's rating No Rating, located 0.62 km from this home.

The closest to this address 812 989 Nelson Street Secondary independent school is Pattison School with School's rating No Rating, located 0.05 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 812 989 Nelson Street, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2857686 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 812 989 Nelson Street are Above Average. Property misconduct rating adjacent to MLS® R2857686 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Southbound Burrard St @ Barclay St in 0.09 km away from this listing with - MLS® R2857686.

58.5% of people with university certificate/degree live in this neighbourhood adjacent to the 812 989 Nelson Street which is High in comparison with other BC neighbourhoods. 2.4% of population in this neighbourhood that is near the Listing MLS® R2857686 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 812 989 Nelson Street, Vancouver, BC is $65920 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2857686 is $42581 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 72.4% which is High.

Unemployment rate in the area around Real Estate Listing # R2857686 is 4.3 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 812 989 Nelson Street Downtown VW where population change between 2011 and 2016 was 13.9%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 812 989 Nelson Street, Vancouver, BC is 9296.6 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 812 989 Nelson Street is 2.2. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2857686 is 25.3% and it is Low. % of Married or living common law is around 42.4% and it is Low.

Average age of the population close to the 812 989 Nelson Street is 37.3 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 812 989 Nelson Street, Vancouver, BC is $745989 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 812 989 Nelson Street. $1792 owners spent in average for the dwelling. Tenants are paying $1723 in this district close to MLS® R2857686 and it is High comparing to other cities.

61.7% of Population in this district near the 812 989 Nelson Street are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 812 989 Nelson Street, Vancouver, BC is 10.5%, it is Above Average, % of English speakers only is 87.2% and Below Average. % of French speakers adjacent to 812 989 Nelson Street only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 812 989 Nelson Street, Vancouver, BC is 2.2% and it is Above Average comparing to other BC cities.

18.7% of all population in the area around this property with the address 812 989 Nelson Street, Vancouver, BC using Public Transport which is Above Average, 24.5% of using population are using Cars around MLS® R2857686, which is Low. 1.7% of people using Bicycles around the 812 989 Nelson Street and it is Above Average. 53.4% of population are walking which is High

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 504.81
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 $588,000
Vancouver $440,555
Downtown VW $474,967
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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