902 989 Nelson St, Vancouver BC - Apartment/Condo for Sale - MLS# R3158752

7 days on the market
$488,000
Est. Mortgage $2,159/mo
Listing updated:
EstateBlock checked:
Electra
1 Beds
1 Baths
495 sqft
986 $ /sqft
491.52 $ Maint. fee
1995 built
7 days on the market
$488,000
Est. $2,159/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 902 989 Nelson Street

The Electra - Modern Downtown Living! Prime central location on the border of the West End and Downtown, just steps to Robson Street, Financial District, Yaletown, Seawall, top shops, restaurants, entertainment & YMCA. This bright 1-bedroom home features floor-to-ceiling windows, 9' ceilings, A/C, walk-in closet and an excellent floor plan. The unit comes with a large storage locker on the same floor. Well-managed building with fantastic amenities: gym, sauna, lounge, outdoor BBQ, pool table, media room, bike room & 3 guest suites. Rentals allowed. No pets. Ideal for investors, first-time buyers, and anyone who appreciates vibrant city living. Call to view!

Interior Features

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

Exterior Features

Exterior Features Garden, No Outdoor Area
View Description CITY VIEW
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $488,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 495
Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Concierge, Caretaker, Maintenance Grounds, Gas, Heat, Hot Water, Management, Sewer, Snow Removal, Water
Building Name Electra
Ownership Type Freehold Strata
Maintenance Fee $491.52
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Concierge, Caretaker, Maintenance Grounds, Gas, Heat, Hot Water, Management, Sewer, Snow Removal, Water
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type None
Total Parking Spaces 0
Strata Restrictions Pets Not Allowed,Rentals Allowed
Pet Restrictions No

Lot & Land

Lot Size Depth Feet
MLS® # R3158752
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6Z 2S1
Gross Taxes $1,648.33
Zoning CD-1

Property Timeline

Status Date Price
R3158752 / Active 08-25-2026 $488,000
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 10'1 x 10'1 ft
Main Level Living Room 11'2 x 11'2 ft
Main Level Foyer 3'1 x 3'1 ft
Main Level Dining Room 7'6 x 7'6 ft
Main Level Kitchen 10'6 x 10'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Heller Murch Realty

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

41 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $366,488
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
7 DOM
Very fast
Downtown VW avg
49 DOM
Average
Vancouver avg
49 DOM
Slower market

902 989 Nelson Street has a sell-speed score of 41/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 24.9% 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 (~4.2 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 (434 nearby)

  • Alchemy artistry · 61 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 · 93 m · Cafe

Groceries (83 nearby)

  • Oscar's smoke shop · 72 m · Convenience
  • Iga · 112 m · Supermarket
  • Wall centre fine spirits · 143 m · Beverages

Healthcare (19 nearby)

  • Howe street pharmacy · 254 m · Healthcare
  • Pharmasave · 314 m · Healthcare
  • Shoppers drug mart · 337 m · Healthcare

Transit (6 nearby)

  • Skytrain @ vancouver city centre stn station · 521 m · Transit
  • Bus stop westbound w georgia st @ seymour st · 587 m · Transit
  • Skytrain @ burrard stn station · 634 m · Transit

Gyms (5 nearby)

  • Robert lee ymca · 68 m · Gym
  • Harbour dance centre · 256 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

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

743 m

Madrona School

Independent

Grades Served

K-9

Catchment Info

8.3 / 10

Distance

746 m

Franklin School

Independent

Grades Served

Catchment Info

4.1 / 10

Distance

746 m

Lowell High School

Independent

Grades Served

10-12

Catchment Info

0

Distance

806 m

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
2.1 / 10

Distance

882 m

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

6.1 / 10

Distance

934 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

2.10 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 902 989 Nelson St, Vancouver, BC

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

902 989 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 902 989 Nelson Street

Walk Score Badge
Car-Dependent 100

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
90

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 902 989 Nelson Street

2026 assessed value, sourced from City of Vancouver open data (PID 019-178-093).
Total Assessed Value (2026)
$490,000
-1.6% YoY
-0.8%/yr over 4 yr
2022 Value Trend 2026
Land
$356,000
Buildings
$134,000
Year Built
1957
Class
Comprehensive Development
Zoning
CD-1 (322)
Property Tax
$1,648
Year Land Improvements Total Assessed YOY Change
2026 $356,000 $134,000 $490,000
-1.6%
2025 $362,000 $136,000 $498,000
-3.9%
2024 $377,000 $141,000 $518,000
-0.8%
2023 $380,000 $142,000 $522,000
+3.2%
2022 $367,000 $139,000 $506,000

Mortgage Calculator for 902 989 Nelson Street

/month
Principal & Interest
Property Taxes $137
Maintenance fee 491.52
Based on a 30-year fixed at 4% interest with 20% down ($97,600), the estimated monthly payment for this listing is $2,493/month — $1,864 principal & interest, $137 property tax, $492 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $1,854/month, this property runs a $694/month shortfall after mortgage and carrying costs. Break-even requires approximately 50% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 902 989 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.

Price vs Neighbourhood Average — Downtown VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $488,000
Vancouver Loading...
Downtown VW Loading...

Based on 13 comparable active apartments/condos in Downtown VW, the average asking price is $390,799. This listing is priced 24.9% above the neighbourhood average.

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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 902 989 Nelson Street

Walk Score Badge
Car-Dependent 100

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
90

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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