Home Vancouver, BC Downtown VW Electra 1003 989 Nelson Street

1003 989 Nelson St, Vancouver BC - Apartment/Condo for Sale - MLS# R3023761

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Listing updated: Nov 1, 2025 at 02:29am

EstateBlock checked: Sep 6, 2026 at 01:10am

Electra

1 Beds

1 Baths

498 sqft

1054 $ /sqft

521.5 $ Maint. fee

1995 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Nov 1, 2025 at 02:29am

EstateBlock checked: Sep 6, 2026 at 01:10am

Photo

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Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

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

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

Sell Speed & Competition

38 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $298,988

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.51 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How DOWNTOWN VW compares

This property

116 DOM

Slower than area

Downtown VW avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

1003 989 Nelson Street has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 43.1% above comparable active properties in Downtown VW. The local market is currently a Balanced Market with a sales-to-active ratio of 16.1% and an area average of 49 days on market — conditions are balanced. With only 1245 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V6Z 2S1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6Z 2S1, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~4.1 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (438 nearby)

Shizen ya · 50 m · Restaurant
Oyo korean noodles · 51 m · Restaurant
One saigon · 51 m · Fast Food

Shopping (437 nearby)

Alchemy artistry · 47 m · Beauty Shop
Everest barbers · 50 m · Hairdresser
Yuval golan · 50 m · Hairdresser

Cafes (153 nearby)

The alley · 53 m · Cafe
C4u cafe · 79 m · Cafe
Trees organic coffee · 87 m · Cafe

Groceries (84 nearby)

Oscar's smoke shop · 58 m · Convenience
Iga · 112 m · Supermarket
Wall centre fine spirits · 146 m · Beverages

Healthcare (19 nearby)

Howe street pharmacy · 251 m · Healthcare
Pharmasave · 323 m · Healthcare
Shoppers drug mart · 329 m · Healthcare

Transit (6 nearby)

Skytrain @ vancouver city centre stn station · 509 m · Transit
Bus stop southbound burrard st @ harwood st · 581 m · Transit
Skytrain @ burrard stn station · 626 m · Transit

Gyms (5 nearby)

Robert lee ymca · 73 m · Gym
Harbour dance centre · 242 m · Gym
Baza dance studios · 683 m · Gym

Schools NearBy

34 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 49 m
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 572 m
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 730 m
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 737 m
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 737 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 792 m
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	2.1 / 10	Distance 870 m
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 923 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 942 m
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.03 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.15 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.18 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.2 / 10	Distance 1.25 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.56 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.58 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 1.61 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.91 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.97 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 2.06 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.11 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 2.19 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 2.43 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 2.46 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.59 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.70 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.72 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.73 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.74 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.75 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.88 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.94 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.94 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.94 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 3.00 KM

Pre-computed routes from 1003 989 Nelson St, Vancouver, BC

1003 989 Nelson St, Vancouver, BC Vancouver City Centre 0.5 km

11 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Vancouver City Centre → Waterfront
11 min
Metrotown, Burnaby via Vancouver City Centre → Metrotown
29 min
SFU Burnaby via Vancouver City Centre → Production Way
36 min
Richmond Centre via Vancouver City Centre → Brighouse
32 min
YVR Airport via Vancouver City Centre → YVR-Airport
33 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
1 min
Metrotown, Burnaby via Lougheed Hwy
13 min
SFU Burnaby via Gaglardi Way
18 min
Richmond Centre via No. 3 Rd
15 min
YVR Airport via Bridgeport / Sea Island
13 min

Calculate your commute

1003 989 Nelson St, Vancouver, BC is ideally located for commuters. The property is 0.5 km from Vancouver City Centre, with a 11 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Burrard St @ Barclay St (0.1 km).

Mortgage Calculator for 1003 989 Nelson Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $129

Maintenance fee 521.5

With a 20% down payment, buyers can expect an estimated $2,656/month in total housing costs on this $525,000 property — $2,005 mortgage payment, $129 property tax, $522 maintenance fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: Nov 1, 2025

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $1,895/month estimated rent and $2,708/month in total housing costs, this property has a -$812/month cashflow. Break-even down payment: approximately 53%.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1003 989 Nelson Street, Vancouver

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Call or Text Now!

Dan Marusin

Renanza Realty

778-918-5990

Award-Winning REALTOR^® with 13+ Years of Experience Serving Greater Vancouver

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More Listings in This Building

$488,000

1003 989 Nelson St, Vancouver BC - Apartment/Condo for Sale - MLS# R3023761

Photo

VERIFIED ACCOUNT REQUIRED

Map & Neighbourhood

Sell Speed & Competition

Climate Risk for V6Z 2S1

Nearby Restaurants, Cafes & Shops

Restaurants (438 nearby)

Shopping (437 nearby)

Cafes (153 nearby)

Groceries (84 nearby)

Healthcare (19 nearby)

Transit (6 nearby)

Gyms (5 nearby)

Schools NearBy

Pattison High School

Grades Served

Catchment Info

Distance

Claren Academy

Grades Served

Catchment Info

Distance

Columbia Academy

Grades Served

Catchment Info

Distance

Madrona School

Grades Served

Catchment Info

Distance

Franklin School

Grades Served

Catchment Info

Distance

Lowell High School

Grades Served

Catchment Info

Distance

Lord Strathcona Community Elementary School

Grades Served

Catchment Info

Distance

Alexander Academy

Grades Served

Catchment Info

Distance

The Westside School

Grades Served

Catchment Info

Distance

Elsie Roy Elementary School

Grades Served

Catchment Info

Distance

Lord Roberts Elementary School

Grades Served

Catchment Info

Distance

Sino Bright School BC

Grades Served

Catchment Info

Distance

King George Secondary School

Grades Served

Catchment Info

Distance

False Creek Elementary School

Grades Served

Catchment Info

Distance

False Creek Elementary

Grades Served

Catchment Info

Distance

Eaton Arrowsmith School (Vancouver) Ltd

Grades Served

Catchment Info

Distance

Canada Royal Arts High School