$759,000
1401 989 Nelson St, Vancouver, BC
$730,000
Est. Mortgage /mo
MLS# R3054803 · The Electra
2
Beds
2
Baths
808
sqft
903
$
/sqft
853.27
$
Maint. fee
1995
built
Property Details & Specs
The Electra is centrally located in the heart of downtown and was originally built as the B.C. Electric/Hydro Building before being converted into 242 residential units in 1995. This spacious 808 sqft southeast corner unit features 2 bedrooms and 2 bathrooms, a well-designed layout, central air conditioning, and abundant natural light. Residents enjoy a range of amenities including free shared laundry on every floor, guest suites, private storage room, fitness Centre, sauna, billiards and table tennis lounge, party room, and more. Conveniently close to public transit, shopping, and entertainment. This is a property you won't want to miss!
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Primary Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Living Room | 13' x 13' ft |
| Main Level | Kitchen | 9' x 9' ft |
| Main Level | Dining Room | 12' x 12' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #3 |
| Main Level | No | #4 |
Listed by: Royal Pacific Riverside 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.
Neighborhood & Transit Info
Public Schools
- Secondary
- King George Secondary School
- 1.25 km
- Elementary
- Lord Strathcona Community Elementary School
- 0.87 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- Anchor Point Montessori
- 0.62 km
- Secondary
- Pattison School
- 0.05 km
Closest Transit
- Bus Stop
- Southbound Burrard St @ Barclay St
- 0.1 km
- Skytrain
- Skytrain @ Vancouver City Centre Stn
- 0.51 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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$201
Maintenance fee
0
Based on a 30-year fixed at 4% interest with 20% down ($146,000), the estimated monthly payment for this listing is $3,842/month — $2,788 principal & interest, $201 property tax, $853 maintenance fee.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
At an estimated rental income of $2,701/month, this property runs a $1,201/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.
Home Price Evaluation Chart
This Home
$730,000
Vancouver
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Downtown VW
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Based on 39 comparable active Apartment/Condos in Downtown VW, the average asking price is $811,831. This listing is priced 10.1% below 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
Listing Price Comparision
This house
$1,400,000
Surrey
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
Property FAQs
What are the closest top-rated schools to 1401 989 Nelson Street, Vancouver, BC?
The closest top-rated schools are King George Secondary School and Lord Strathcona Community Elementary School.
Is 1401 989 Nelson Street, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 1401 989 Nelson Street, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $4,380.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
