Home Vancouver, BC Downtown VW Electra 1607 989 Nelson Street

1607 989 Nelson St, Vancouver BC - Apartment/Condo for Sale - MLS# R3141343

68 days on the market

$599,000

Est. Mortgage $2,650/mo

Listing updated: Jul 9, 2026 at 11:38am

EstateBlock checked: Sep 6, 2026 at 05:40am

Electra

1 Beds

1 Baths

616 sqft

972 $ /sqft

647.63 $ Maint. fee

1995 built

68 days on the market

$599,000

Est. $2,650/mo with 20% down

Listing updated: Jul 9, 2026 at 11:38am

EstateBlock checked: Sep 6, 2026 at 05:40am

Photos

Exterior Front Photo of 1607 989 Nelson Street, Vancouver, BC

Exterior Rear Photo of 1607 989 Nelson Street, Vancouver, BC

Living Room Photo of 1607 989 Nelson Street, Vancouver, BC

Family Room Photo of 1607 989 Nelson Street, Vancouver, BC

Dining Area Photo of 1607 989 Nelson Street, Vancouver, BC

Kitchen Photo of 1607 989 Nelson Street, Vancouver, BC

Kitchen Island Photo of 1607 989 Nelson Street, Vancouver, BC

Pantry Photo of 1607 989 Nelson Street, Vancouver, BC

Breakfast Nook Photo of 1607 989 Nelson Street, Vancouver, BC

Primary Bedroom Photo of 1607 989 Nelson Street, Vancouver, BC

Welcome to The Electra! This solid BC Hydro building was upgraded into condos with 3 fast, modern elevators. Steps to groceries, restaurants, theatres, YMCA, Robson shops and a short walk to beaches/Stanley Park, this rarely available upper floor NW corner (larger) 1 bedroom features a great layout with full-width, sound-proof windows that flood the space with natural light, city, mountain, and English Bay views. Amenities include 3 affordable guest suites, gym, sauna, ping-pong, bike room, and a spacious lounge with library, full kitchen, billiards, and BBQ patio with sun loungers. Steps from your unit is a large storage locker and free shared laundry. No pets, but short-term rentals OK with approval and a valid city license. Fees include heat, hot water and A/C for cool, quiet summers!

Interior Features

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

Exterior Features

Exterior Features	No Outdoor Area
View Description	City & Mountains
Roof	Torch-On
Structures	Multi Family, Residential Attached

Building Details

Price	$599,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	616
Year Built	1995
Age Of Building	31
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Building Name	Electra
Ownership Type	Freehold Strata
Maintenance Fee	$647.63
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Exercise Centre, 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 Cats, No Dogs, No
Rental Restrictions	100
Units In Development	242

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3141343
Area	Vancouver West
Neighbourhood	Downtown VW
City	Vancouver
Postal Code	V6Z 2S1
Gross Taxes	$1,892.79
Zoning	CD-1

Property Timeline

Status	Date	Price
R3141343 / Active	06-30-2026	$599,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	10'11 x 10'11 ft
Main Level	Dining Room	11'0 x 11'0 ft
Main Level	Bedroom	15'09 x 15'09 ft
Main Level	Kitchen	7'01 x 7'01 ft
Main Level	Foyer	10'0 x 10'0 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Oakwyn Realty Ltd. & Oakwyn Realty Ltd.

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 0.89 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 0.57 km 9/10
Secondary
Pattison High School: 0.05 km

Closest Transit

Bus Stop
Southbound Burrard St @ Nelson St: 0.08 km
Skytrain
Skytrain @ Vancouver City Centre Stn: 0.53 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

46 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $500,764

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.53 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

68 DOM

Slower than area

Downtown VW avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

1607 989 Nelson Street has a sell-speed score of 46/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 16.4% 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 (431 nearby)

Hair fantasy · 60 m · Hairdresser
Yuval golan · 61 m · Hairdresser
Everest barbers · 62 m · Hairdresser

Restaurants (428 nearby)

Oyo korean noodles · 54 m · Restaurant
Today japanses restaurant · 59 m · Restaurant
Pokérrito · 59 m · Fast Food

Cafes (151 nearby)

The alley · 59 m · Cafe
Wall flowers · 82 m · Cafe
C4u cafe · 86 m · Cafe

Groceries (83 nearby)

Oscar's smoke shop · 79 m · Convenience
Iga · 127 m · Supermarket
Wall centre fine spirits · 128 m · Beverages

Healthcare (19 nearby)

Howe street pharmacy · 243 m · Healthcare
Pharmasave · 300 m · Healthcare
Shoppers drug mart · 352 m · Healthcare

Transit (6 nearby)

Skytrain @ vancouver city centre stn station · 533 m · Transit
Bus stop westbound robson st @ bute st · 583 m · Transit
Skytrain @ burrard stn station · 648 m · Transit

Gyms (5 nearby)

Robert lee ymca · 80 m · Gym
Harbour dance centre · 258 m · Gym
Baza dance studios · 670 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 54 m
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 575 m
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 754 m
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 761 m
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 761 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 811 m
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	2.1 / 10	Distance 895 m
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 947 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 958 m
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.02 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 1.20 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 1.55 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.57 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 1.90 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.95 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 2.05 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.09 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 2.18 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 2.44 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 2.45 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.58 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.68 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.71 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 2.75 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 2.94 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.95 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.95 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.97 KM

Pre-computed routes from 1607 989 Nelson St, Vancouver, BC

1607 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

1607 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 (0.08 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 1607 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 91

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 1607 989 Nelson Street

2026 assessed value, sourced from City of Vancouver open data (PID 019-178-972).

Total Assessed Value (2026)

$599,000

-1.3% YoY

-1.4%/yr over 4 yr

2022 Value Trend 2026

Land

$438,000

Buildings

$161,000

Year Built

1957

Class

Comprehensive Development

Zoning

CD-1 (322)

Property Tax

$2,015

Year	Land	Improvements	Total Assessed	YOY Change
2026	$438,000	$161,000	$599,000	-1.3%
2025	$444,000	$163,000	$607,000	-4.1%
2024	$463,000	$170,000	$633,000	-2.2%
2023	$473,000	$174,000	$647,000	+1.9%
2022	$467,000	$168,000	$635,000	—

Mortgage Calculator for 1607 989 Nelson Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $158

Maintenance fee 647.63

Based on a 30-year fixed at 4% interest with 20% down ($119,800), the estimated monthly payment for this listing is $3,094/month — $2,288 principal & interest, $158 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.

Listing data last synced: Jul 9, 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

At an estimated rental income of $2,162/month, this property runs a $990/month shortfall after mortgage and carrying costs. Break-even requires approximately 55% down.

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

Estateblock Rent Estimate for 1607 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.