Home Vancouver, BC Downtown VW Electra 1513 989 Nelson Street

1513 989 Nelson St, Vancouver BC – Condo for Sale – MLS® R3176262

1513 989 Nelson Street, Vancouver, British Columbia V6Z 2S1

Vancouver Condos for Sale

2 days on the market

$499,000

Est. Mortgage $2,208/mo

Listing updated: Oct 16, 2026 at 06:29pm

EstateBlock checked: Oct 17, 2026 at 09:25am

1 Beds

1 Baths

614 sqft

813 $ /sqft

647.63 $ Maint. fee

1995 built

NEW

Photos

Exterior photo of 1513 989 Nelson St, Vancouver, BC – MLS® R3176262

Exterior Rear Photo of 1513 989 Nelson Street, Vancouver, BC

Great location in ELECTRA-priced for great investment value. The 15th floor home has NE views over the courthouse in the heart of downtown Vancouver. This bright home features floor-to-ceiling windows, 9’ ceilings revealing urban views, abundant natural light & a same floor storage locker. Stay cool in the summer (AC) & cozy in the winter (Heat) incl. in fees. Steps to transit, dining & entertainment. A rare blend of character, convenience & modern upgrades in an iconic Vancouver landmark building. Amenities include - Outdoor-grill, social room, pool table, lounge w/free Wi-Fi, gym, dry sauna, theatre room, bike room & free shared laundry on every floor. Three high-speed elevators, on-site manager, guest suites for visitors! Fabulous opportunity to own in an iconic Vancouver property!

Interior Features

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

Exterior Features

Exterior Features	Garden, No Outdoor Area
View Description	Urban
Structures	Multi Family, Residential Attached

Building Details

Price	$499,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	614
Year Built	1995
Age Of Building	31
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Ownership Type	Freehold Strata
Maintenance Fee	$647.63
Community Features	Shopping Nearby
Amenities Nearby	Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm 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

Lot Size Depth	Feet
MLS^® #	R3176262
Area	Vancouver West
Neighbourhood	Downtown VW
City	Vancouver
Postal Code	V6Z 2S1
Gross Taxes	$2,008.27
Zoning	CD-1

Property Timeline

Status	Date	Price
R3176262 / Active	10-15-2026	$499,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Foyer	11'5 x 11'5 ft
Main Level	Kitchen	7'8 x 7'8 ft
Main Level	Living Room	11'8 x 11'8 ft
Main Level	Dining Room	10'8 x 10'8 ft
Main Level	Bedroom	10'8 x 10'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Royal LePage Sussex

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.

About the building: Electra

989 Nelson Street, Downtown VW, Vancouver

Electra building details

Building

Built: 1995
Homes: 242
Construction: Concrete
Title: Freehold Strata
Strata plan: LMS1866
Managed by: Tribe Management Inc.
Parking: None
Lockers: Limited
Strata fee covers: Recreation FacilityManagementHot WaterHeatGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Not allowed
Rentals: Allowed

Market at Electra

For sale: 2
Median ask: $487K
Median $/sqft: $880
Days on market: 28
Sold, past year: 5

This home

$813/sqft, 7.6% below the building median of $880.

Homes for sale at Electra, Vancouver Recent sold listings in Electra, Vancouver

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

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

59 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $523,451

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

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

2 DOM

Very fast

Downtown VW avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

1513 989 Nelson Street has a sell-speed score of 59/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 4.9% below comparable active properties in Downtown VW, which is a strong competitive signal. 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. 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 —	N/A	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 —	N/A	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 —	N/A	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 —	N/A	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 —	N/A	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 1513 989 Nelson St, Vancouver, BC

1513 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

1513 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 1513 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 — 1513 989 Nelson Street

2026 assessed value, sourced from City of Vancouver open data (PID 019-178-905).

Total Assessed Value (2026)

$597,000

-1.2% YoY

-1.4%/yr over 4 yr

2022 Value Trend 2026

Land

$436,000

Buildings

$161,000

Year Built

1957

Class

Comprehensive Development

Zoning

CD-1 (322)

Property Tax

$2,008

Year	Land	Improvements	Total Assessed	YOY Change
2026	$436,000	$161,000	$597,000	-1.2%
2025	$441,000	$163,000	$604,000	-4.1%
2024	$460,000	$170,000	$630,000	-2.0%
2023	$469,000	$174,000	$643,000	+1.9%
2022	$463,000	$168,000	$631,000	—

Mortgage Calculator for 1513 989 Nelson Street

/month

Principal & Interest

Property Taxes $167

Maintenance fee 647.63

With a 20% down payment, buyers can expect an estimated $2,721/month in total housing costs on this $499,000 property — $1,906 mortgage payment, $167 property tax, $648 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.

Investment Cashflow Calculator

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $1,896/month estimated rent and $2,779/month in total housing costs, this property has a -$882/month cashflow. Break-even down payment: approximately 58%.

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

Estateblock Rent Estimate for 1513 989 Nelson Street, Vancouver

Buy Vs Rent Calculator

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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.