2816 89 Nelson St, Vancouver, BC | MLS^® R3041532 Property Details

6.5% price reduction

Welcome to the Sky Collection at the ARC, the ultimate prestigious living experience located in the heart of YALETOWN in Downtown Vancouver. This spacious open concept 2 bed plus den sub-penthouse suite features hardwood flooring, Miele appliances, 2 full baths with marble tiling plus an spacious balcony east facing million dollar water and city views. one parking and one large storage room. The sky club provides resort style amenities with glass bottom pool, sauna, steam room, grand lounge, fitness center, car wash & 24H concierge. Steps to Vibrant Yaletown seawall, marina, restaurants, BC Place. Don't miss it.

General Info

Price $1,290,000

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 1

Floor Area Total (sqft) 827

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2020

Age Of Building 5

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Freezer, Microwave

Building Amenities Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Sewer, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3041532

Area Vancouver West

Neighbourhood Yaletown

City Vancouver

Gross Taxes $3,788.68

Ownership Type Freehold Strata

Maintenance Fee $603.59

Community Features Shopping Nearby

Amenities Nearby Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Sewer, Snow Removal

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Forced Air

Cooling Central Air, Air Conditioning

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Underground

Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allowed

Pet Restrictions Yes

Rental Restrictions -

Zoning CD-1

Rental Suites None

# of Kitchens 1

Flooring Hardwood

Foundation Block

Interior Features Elevator

Locker 1

View Description Water and City

Units In Development 560

Exterior Features Garden, Balcony

Sewer Public Sewer, Sanitary Sewer

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'5 x 12'5 ft
Main Level	Kitchen	13' x 13' ft
Main Level	Primary Bedroom	11'5 x 11'5 ft
Main Level	Bedroom	10'7 x 10'7 ft
Main Level	Den	6'8 x 6'8 ft

Listed by: Parallel 49 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

2.24 km

Elementary

Lord Strathcona Community Elementary School

1 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

0.33 km

Secondary

Lowell High School

0.47 km

Closest Transit

Translink

Westbound Expo Blvd @ Nelson St

0.06 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 2816 89 Nelson Street, a stunning property in the heart of Vancouver, BC!

Education

As we walk through the community, you'll notice that this property is serviced by the esteemed Lord Strathcona Community Elementary School, located just 1 km away. This school has a rating of No Rating, but families love this area because of its strong sense of community and commitment to education. You'll also find King George Secondary School nearby, approximately 2.24 km from the property.

In addition to these public schools, we have two independent schools in the area. The Westside School, an elementary independent school, is just 0.33 km from home, with a rating of No Rating. Lowell High School, a secondary independent school, is also nearby, approximately 0.47 km from the property, with a rating of No Rating.

Safety

Let's talk about safety. The crime data from Statistics Canada (2020) shows that there were 52,217 disturbances in the neighbourhood, resulting in an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. However, this neighbourhood has seen a significant decrease in crime rates, with a year-by-year change of -14.94%. In terms of specific crimes, the rate for drug-related offences is Average, with a rating of 229.49 and 1,604 incidents in 2020. The year-by-year change in this rate is 1.58%. Property crimes, on the other hand, are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. The year-by-year change in this rate is -20.80%. Lastly, the violent crime rate is Below Average, with a rating of 1,311.69 and 9,168 incidents in 2020. The year-by-year change in this rate is 3.53%.

Transit

As you can see, this property is conveniently located near public transportation. The closest bus station is Westbound Expo Blvd @ Nelson St, which is just 0.06 km away from this listing with MLS# R3041532.

Demographics

Let's take a look at the demographics of this neighbourhood. According to the data, 56.5% of the population has a university certificate or degree, which is High compared to other BC neighbourhoods. On the other hand, only 3.6% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income in this neighbourhood is $78,822, which is Above Average compared to the British Columbia average. The median personal income is $47,376, which is High compared to the BC average. Interestingly, 70.6% of households in this census subdivision have a mortgage, which is High.

Growth and Lifestyle

This neighbourhood is experiencing Above Average growth, with a population change of 6.7% between 2011 and 2016. The population density per square kilometre is 14,953.4, which is High. The average size of families in this area is 2.4, which is Low compared to the whole region. However, 36.5% of families in this neighbourhood have children, which is Low. The average age of the population is 37.8, which is Below Average compared to other BC cities.

Real Estate Context

Now, let's talk about the real estate context. The average value of dwellings in this neighbourhood is $756,218, which is High compared to other areas in British Columbia. The average owner payments are also High, with owners spending an average of $1,811 per month. Tenants, on the other hand, are paying an average of $1,803 per month, which is also High. Interestingly, 51.6% of the population in this district are renters, which is High compared to other BC cities.

Lifestyle Amenities

This neighbourhood offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. With its convenient location and access to public transportation, this property is an ideal choice for anyone looking to live in the heart of Vancouver, BC.

Final Thoughts

In conclusion, 2816 89 Nelson Street is a fantastic property in a desirable neighbourhood. With its access to top-notch schools, low crime rates, and convenient public transportation, this property is an excellent choice for anyone looking to live in the heart of Vancouver, BC. Whether you're a family, a professional, or a retiree, this property has something to offer. Contact me today to schedule a viewing and make this property your home!