785 87 Nelson St, Vancouver, BC, MLS® R3064303

$1,119,000
Est. Mortgage /mo

$1,119,000
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
5 Stories
$ 637 Maint. Fee
872 sqft
2019 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

785 87 Nelson St, Vancouver, BC | MLS® R3064303 Property Details

Sophisticated 2-Bedroom + Flex Corner Residence at The Arc. his beautifully crafted 2-bedroom + flex/den, 2-bath corner home showcases panoramic views of False Creek and the Vancouver skyline. The floor plan is intelligently designed with 8’4” ceilings, floor-to-ceiling windows, and separated bedrooms for maximum privacy. The interiors feature air conditioning, laminate flooring throughout, and roller shades for comfort and style. The chef-inspired kitchen is appointed with premium Miele appliances, while the primary suite offers a spa-like ensuite and generous closet space. Residents of The Arc enjoy access to the exclusive Sky Club, complete with the iconic 20th-floor glass-bottom pool. Steps to the Seawall, fine dining, and downtown conveniences

General Info

Price $1,119,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 872
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2019
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Stories 5
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Management, RV Parking, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3064303
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Gross Taxes $3,947.69
Ownership Type Freehold Strata
Maintenance Fee $637
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Management, RV Parking, Sewer, Snow Removal
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 Underground, Side Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites None
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter, Other
Interior Features Elevator
Locker -
View 1
View Description Marina and Water Views
Units In Development 620
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status Date Price
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Listed by: Nu Stream Realty Inc.

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
2.28 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
0.5 km

Closest Transit

Translink
Eastbound Pacific Blvd @ Marinaside Cres
0.07 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.51 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 785 87 Nelson Street, a beautiful property in the heart of Vancouver's vibrant Yaletown neighborhood!

As we step into this charming community, I'd like to highlight the excellent educational opportunities available to families.

Lord Strathcona Community Elementary School

, located just 1.03 km from 785 87 Nelson Street, is a highly-rated institution that offers a well-rounded education to students in the area. With its proximity to the property, families with children will appreciate the convenience of having a top-notch elementary school nearby.

In addition to Lord Strathcona,

King George Secondary School

is also within walking distance, situated 2.28 km from the property. This secondary school has a strong reputation for providing a supportive and inclusive learning environment. With both schools in close proximity, families will have access to high-quality education options for their children.

For those interested in independent schools,

The Westside School

is a close 0.35 km away, offering a unique and personalized education experience.

Lowell High School

, another independent school, is just 0.5 km from the property, providing students with an alternative educational path.

Neighborhood Safety

As we explore the neighborhood, I'd like to address the topic of safety. According to the latest crime statistics from Statistics Canada (2020), the area surrounding 785 87 Nelson Street has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. The rate of 52,217 volation disturbances in the neighborhood is also reflective of a typical urban environment. However, it's reassuring to note that the year-over-year change in the total crime rate is a decrease of 14.94%.

Demographics and Lifestyle

Now, let's delve into the demographics and lifestyle of the area. With 56.5% of residents holding a university certificate or degree, this neighborhood has a highly educated population. In fact, this percentage is High compared to other BC neighborhoods. On the other hand, 3.6% of the population has no certificate or degree, which is considered Low compared to the average in BC.

The median household income in the area is $78,822, which is Above Average compared to the British Columbia average. The median personal income is $47,376, also High in comparison. Furthermore, 70.6% of households in the area have a mortgage, which is High.

Transit and Commuting

Convenience is key when it comes to transportation. The nearest bus stop,

Eastbound Pacific Blvd @ Marinaside Cres

, is just 0.07 km away from the property, making it easily accessible for commuters.

Real Estate Context

As we discuss the property itself, it's worth noting that the average value of dwellings in the neighborhood 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 in the area are paying an average of $1,803 per month, which is also High.

Renters and Property Usage

Interestingly, 51.6% of the population in the area are renters, which is High compared to other BC cities and areas. The percentage of English and French speakers in the area is 10.5%, which is Above Average. However, the percentage of English speakers only is 86.7%, which is Below Average.

Community Vibe

Finally, let's talk about the community vibe. With a population density of 14,953.4 people per square kilometer, this neighborhood is bustling with activity. The average size of families in the area is 2.4, which is Low compared to the whole region. However, 36.5% of families in the area have children, which is Low. The average age of the population is 37.8, which is Below Average in comparison to other BC cities.

In conclusion, 785 87 Nelson Street is a fantastic property in a vibrant and diverse neighborhood. With excellent educational opportunities, a mix of renters and owners, and a high level of community engagement, this property is perfect for those seeking a unique and exciting living experience in Vancouver's Yaletown.

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 $1,119,000
Vancouver $1,006,638
Yaletown $1,062,879
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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