Home Vancouver, BC Downtown VW Electra 1204 989 Nelson Street

1204 989 Nelson St, Vancouver BC - Apartment/Condo for Sale - MLS# R3159897

1 day on the market

$650,000

Est. Mortgage $2,876/mo

Listing updated: Aug 31, 2026 at 11:24am

EstateBlock checked: Aug 31, 2026 at 10:40pm

2 Beds

1 Baths

641 sqft

1014 $ /sqft

664.66 $ Maint. fee

1995 built

NEW

1 day on the market

$650,000

Est. $2,876/mo with 20% down

Listing updated: Aug 31, 2026 at 11:24am

EstateBlock checked: Aug 31, 2026 at 10:40pm

Photos

Exterior Front Photo of 1204 989 Nelson Street, Vancouver, BC

Exterior Rear Photo of 1204 989 Nelson Street, Vancouver, BC

Living Room Photo of 1204 989 Nelson Street, Vancouver, BC

Family Room Photo of 1204 989 Nelson Street, Vancouver, BC

Dining Area Photo of 1204 989 Nelson Street, Vancouver, BC

Kitchen Photo of 1204 989 Nelson Street, Vancouver, BC

Kitchen Island Photo of 1204 989 Nelson Street, Vancouver, BC

Pantry Photo of 1204 989 Nelson Street, Vancouver, BC

Breakfast Nook Photo of 1204 989 Nelson Street, Vancouver, BC

Primary Bedroom Photo of 1204 989 Nelson Street, Vancouver, BC

Welcome to #1204 in the iconic Electra Building at 989 Nelson Street - Investor Alert! Tastefully renovated 2 bed 1 bath. New floors, paint, kitchen with quartz backsplash and touch-sensor faucet, plus a fully tiled bathroom. Sun-filled with stunning city views, A/C and heat, and free in-suite comfort year-round. The building? Unbeatable walk score! Steps to transit, dining & entertainment. A rare blend of character, convenience, and modern upgrades in one of the most iconic buildings Downtown Vancouver has to offer. Outdoor-grill amenity room, pool table, lounge with free Wi-Fi (perfect to cowork in!), gym, dry sauna, theatre room, bike room, and free shared laundry on every floor. Three high-speed elevators, on-site manager, guest suites for visitors, same-floor storage, AirBnb friendly!

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Dishwasher, Stove
Interior Features	Elevator, Guest Suite, Storage
Heating Type	Forced Air
Cooling	Central Air, Air Conditioning
Laundry	Common Area
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	No Outdoor Area
View Description	City and Peekaboo English Bay
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$650,000
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	641
Year Built	1995
Age Of Building	31
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Sauna/Steam Room, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Ownership Type	Freehold Strata
Maintenance Fee	$664.66
Amenities Nearby	Bike Room, Exercise Centre, Sauna/Steam Room, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Sanitary Sewer
Water (WaterSource)	Public
Parking Type	None
Total Parking Spaces	0
Strata Restrictions	Pets Not Allowed,Rentals Allwd w/Restrctns
Pet Restrictions	No

Lot & Land

MLS^® #	R3159897
Area	Vancouver West
Neighbourhood	Downtown VW
City	Vancouver
Postal Code	V6Z 2S1
Gross Taxes	$2,025.1
Zoning	CD-1

Property Timeline

Status	Date	Price
R3159897 / Active	08-31-2026	$650,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	15'3 x 15'3 ft
Main Level	Dining Room	13'8 x 13'8 ft
Main Level	Kitchen	10'5 x 10'5 ft
Main Level	Bedroom	10'0 x 10'0 ft
Main Level	Bedroom	10'4 x 10'4 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Real Broker

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.

Map & Neighbourhood

Public Schools

Secondary
King George Secondary School: Average 1.24 km 6.2/10
Elementary
Lord Strathcona Community Elementary School: Below Average 0.88 km 2.1/10

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

Private Schools

Elementary
Claren Academy: Above Average 0.58 km 9/10
Secondary
Pattison High School: 0.06 km

Closest Transit

Bus Stop
Southbound Burrard St @ Nelson St: 0.09 km
Skytrain
Skytrain @ Vancouver City Centre Stn: 0.52 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

53 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $619,450

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.52 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

1 DOM

Very fast

Downtown VW avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

1204 989 Nelson Street has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 4.7% 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 may take several weeks to attract serious offers.

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 (~4.2 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

Shopping (436 nearby)

Alchemy artistry · 60 m · Beauty Shop
Hair fantasy · 61 m · Hairdresser
Yuval golan · 61 m · Hairdresser

Restaurants (433 nearby)

Oyo korean noodles · 59 m · Restaurant
One saigon · 61 m · Fast Food
Trish juice · 62 m · Fast Food

Cafes (152 nearby)

The alley · 62 m · Cafe
C4u cafe · 74 m · Cafe
Trees organic coffee · 92 m · Cafe

Groceries (83 nearby)

Oscar's smoke shop · 71 m · Convenience
Iga · 112 m · Supermarket
Wall centre fine spirits · 143 m · Beverages

Healthcare (19 nearby)

Howe street pharmacy · 255 m · Healthcare
Pharmasave · 315 m · Healthcare
Shoppers drug mart · 336 m · Healthcare

Transit (6 nearby)

Skytrain @ vancouver city centre stn station · 521 m · Transit
Bus stop westbound w georgia st @ seymour st · 586 m · Transit
Skytrain @ burrard stn station · 633 m · Transit

Gyms (5 nearby)

Robert lee ymca · 68 m · Gym
Harbour dance centre · 255 m · Gym
Baza dance studios · 684 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 57 m
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 581 m
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 742 m
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 745 m
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 745 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 805 m
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	2.1 / 10	Distance 881 m
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 933 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 955 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 1.14 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.19 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.2 / 10	Distance 1.24 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.57 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 1.62 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 1.96 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 2.44 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 2.69 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.73 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.73 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.74 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.76 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.89 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.95 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.95 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.95 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.99 KM

Pre-computed routes from 1204 989 Nelson St, Vancouver, BC

1204 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

1204 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 @ Nelson St (0.09 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 1204 989 Nelson Street

Car-Dependent 100

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation

Somewhat
Bikeable 90

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 1204 989 Nelson Street

2026 assessed value, sourced from City of Vancouver open data (PID 019-178-409).

Total Assessed Value (2026)

$602,000

-1.1% YoY

-1.1%/yr over 4 yr

2022 Value Trend 2026

Land

$435,000

Buildings

$167,000

Year Built

1957

Class

Comprehensive Development

Zoning

CD-1 (322)

Property Tax

$2,025

Year	Land	Improvements	Total Assessed	YOY Change
2026	$435,000	$167,000	$602,000	-1.1%
2025	$440,000	$169,000	$609,000	-3.6%
2024	$457,000	$175,000	$632,000	-2.0%
2023	$466,000	$179,000	$645,000	+2.4%
2022	$453,000	$177,000	$630,000	—

Mortgage Calculator for 1204 989 Nelson Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $169

Maintenance fee 664.66

With a 20% down payment, buyers can expect an estimated $3,317/month in total housing costs on this $650,000 property — $2,483 mortgage payment, $169 property tax, $665 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: Aug 31, 2026

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 $2,285/month estimated rent and $3,370/month in total housing costs, this property has a -$1,085/month cashflow. Break-even down payment: approximately 55%.

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

Estateblock Rent Estimate for 1204 989 Nelson Street, Vancouver

Buy Vs Rent Calculator

— / month

Rent —

Own —

Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —

Principal paid off by year 10 —

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.