2421 89 Nelson St, Vancouver, BC, MLS® R3028722

$1,280,000
Est. Mortgage /mo

$1,280,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 610 Maint. Fee
868 sqft
2019 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2421 89 Nelson St, Vancouver, BC | MLS® R3028722 Property Details

Welcome to Vancouver's iconic "THE ARC" by Concord Pacific. This spectacular South/West facing 2 Br+Den on 24th level is spacious and functionally designed with Yaletown & Marina view. High quality modern finishes with central heating and cooling system, Miele appliances, marble backsplashes, and a large balcony for your enjoyment. Building's famous Sky club features glass-bottom pool, sauna, steam room, grand lounge, fitness center, car wash station & 24hrs concierge service. 1 EV parking and 1 locker. This Master-planned community is just steps to seawall at Coopers' Park, Marina, restaurants, groceries & transit.

General Info

Price $1,280,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 868
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2019
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3028722
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Gross Taxes $3,876.44
Ownership Type Freehold Strata
Maintenance Fee $610
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Heat Pump
Cooling Central Air, Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building
Total Parking Spaces 1

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Strata Restrictions No Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites -
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter
Locker 1
View 1
View Description Water and City
Units In Development 560
Exterior Features Garden, Playground, Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: RE/MAX Crest 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.

Neighborhood Info

Public Schools

Secondary
King George Secondary School
2.26 km
Elementary
Lord Strathcona Community Elementary School
1.03 km

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

Private Schools

Elementary
The Westside School
0.35 km
Secondary
Lowell High School
0.49 km

Closest Transit

Bus Stop
Westbound Expo Blvd @ Nelson St
0.05 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.49 km

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

Welcome to 2421 89 Nelson Street, a stunning property located in the heart of Vancouver, BC. As we step into this vibrant community, I'm excited to share with you the many amenities and features that make this neighborhood truly special.

Education

Families love this area because of the excellent schools that serve the community. Lord Strathcona Community Elementary School is just a 1.03 km walk from our property with MLS# R3028722, and it boasts a rating of No Rating. This school is a great option for kids, with a focus on community values and a strong educational program.

We're also just 2.26 km from King George Secondary School, another highly-rated option in the area. King George Secondary School has a rating of No Rating and offers a wide range of academic and extracurricular programs.

For those looking for independent education options, The Westside School is the closest Elementary independent school, located just 0.35 km from our property with MLS# R3028722. This school has a rating of No Rating and offers a unique and personalized approach to learning. Lowell High School is the closest Secondary independent school, located 0.49 km from our property with MLS# R3028722, and it has a rating of No Rating.

Safety

Statistics Canada's 2020 crime data shows that our neighborhood is relatively safe, with an overall crime rate of 7,470.82 incidents per 100,000 population. This is considered Average compared to other Canadian cities. In fact, the year-over-year change in crime rate is a significant -14.94%, indicating a downward trend in crime in our area.

It's worth noting that the drug crime rate is Average, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in drug crime rate is a small 1.58%. Property crimes are a bit higher, with a rating of 5,020.27 and 35,089 incidents in 2020. However, the year-over-year change in property crime rate is a notable -20.80%. Violent crime rates are relatively low, with a rating of 1,311.69 and 9,168 incidents in 2020. This is considered Below Average compared to other BC municipalities.

Demographics

Our neighborhood is home to a diverse and educated population. According to Statistics Canada, 56.5% of residents in this area have a university certificate or degree, which is High compared to other BC neighborhoods. In fact, only 3.6% of residents have no certificate or degree, which is Low compared to the average in BC.

The median household income in our area is $78,822, which is Above Average compared to the British Columbia average. Median personal income is also High, at $47,376. The percentage of households with a mortgage is 70.6%, which is High compared to other neighborhoods.

Transit

Getting around is easy in our neighborhood, with the closest bus station just 0.05 km away from our property with MLS# R3028722. In fact, 19.2% of residents in this area use public transport, which is Above Average. Cars are also a popular option, with 37.5% of residents using them. Bicycles are another popular mode of transportation, with 2.8% of residents using them, and walking is also a common choice, with 38.6% of residents doing so.

Lifestyle Amenities

Our neighborhood is filled with lifestyle amenities that make it a great place to live. We have parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. In fact, the average value of dwellings in our area is $756,218, which is High compared to other areas in British Columbia.

Real Estate

This property with MLS# R3028722 is a great investment opportunity, with average owner payments of $1,811 and average tenant payments of $1,803. The percentage of renters in our area is 51.6%, which is High compared to other BC cities and areas.

Community

Our neighborhood is a vibrant and diverse community with a strong sense of community. The average age of residents is 37.8, which is Below Average compared to other BC cities. The average size of families in our area is 2.4, which is Low compared to the whole region. The percentage of families with children is 36.5%, which is Low, and the percentage of married or living common law is 52.8%, which is Below Average.

Conclusion

In conclusion, 2421 89 Nelson Street is a stunning property located in the heart of Vancouver, BC. With its excellent schools, safe community, diverse and educated population, and convenient transit

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,280,000
Vancouver $1,008,215
Yaletown $1,070,025
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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