2106 989 Nelson St, Vancouver BC - Apartment/Condo for Sale - MLS# R3101157

$1,620,000
Est. Mortgage $7,167/mo
The Electra
3 Beds
2 Baths
1804 sqft
898 $ /sqft
1905.37 $ Maint. fee
1995 built
26.85% cheaper than comparables
$1,620,000
Est. $7,167/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 2106 989 Nelson Street

26.85% cheaper than comparables

A rare legacy 3 bed + 2 bath + office/solarium/4th bed Penthouse of 1,804 SF with sweeping 270° exposures and forever-protected views of the North Shore Mountains and Mount Baker. Wake up to morning light, enjoy coffee above the city, and unwind as the skyline glows at night. Thoughtfully re-imagined with a strong design, the home offers Poggenpohl kitchen with Sub-Zero, Wolf & Miele appliances, Bocci hand-blown glass lighting, engineered hardwood flooring, bathrooms with Italian tile, Kohler fixtures, and heated floors. Central A/C and a large private storage room on the same floor. Located in the former BC Hydro Building, moments to SkyTrain, IGA, cafés, dining, and everything downtown offers. Short term rental w/ strata approval, perfect for vacation home. Open House: March 21st 3-5PM.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Guest Suite, Storage
Heating Type Forced Air
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
View Description 270° Mountain, City, Water
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $1,620,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1804
Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Building Amenities Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Building Name The Electra
Ownership Type Freehold Strata
Maintenance Fee $1,905.37
Community Features Shopping Nearby
Amenities Nearby Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type None
Total Parking Spaces 0
Strata Restrictions Pets Not Allowed,Rentals Allwd w/Restrctns
Pet Restrictions No
Rental Restrictions 100
Units In Development 242

Lot & Land

Lot Size Depth Feet
MLS® # R3101157
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6Z 2S1
Gross Taxes $4,714.82
Zoning CD-1

Property Timeline

Status Date Price
R3101157 / Active 03-18-2026 $1,620,000
Rooms
Floor Type Dimensions
Main Level Living Room 19'11 x 19'11 ft
Main Level Kitchen 13'3 x 13'3 ft
Main Level Foyer 3'7 x 3'7 ft
Main Level Primary Bedroom 13'11 x 13'11 ft
Main Level Bedroom 14'9 x 14'9 ft
Main Level Bedroom 12'10 x 12'10 ft
Main Level Dining Room 14'9 x 14'9 ft
Main Level Laundry 5'6 x 5'6 ft
Main Level Walk-In Closet 5'3 x 5'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #3

Listed by: Royal LePage Westside Klein Group & Royal LePage Westside Klein Group

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
1.24 km
Elementary
Lord Strathcona Community Elementary School
0.88 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
0.61 km
Secondary
Pattison 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 2106 989 Nelson Street

BC Assessment Value — 2106 989 Nelson Street

2026 assessed value, sourced from City of Vancouver open data (PID 019-179-545).
Total Assessed Value (2026)
$1,530,000
+1.2% YoY
-1.8%/yr over 4 yr
2022 Value Trend 2026
Land
$1,086,000
Buildings
$444,000
Year Built
1957
Class
Comprehensive Development
Zoning
CD-1 (322)
Property Tax
$5,147
Year Land Improvements Total Assessed YOY Change
2026 $1,086,000 $444,000 $1,530,000
+1.2%
2025 $1,073,000 $439,000 $1,512,000
-3.9%
2024 $1,116,000 $457,000 $1,573,000
-4.1%
2023 $1,164,000 $476,000 $1,640,000
-0.5%
2022 $1,167,000 $481,000 $1,648,000

Mortgage Calculator for 2106 989 Nelson Street

/month
Principal & Interest
Property Taxes $393
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($324,000), the estimated monthly payment for this listing is $8,485/month — $6,187 principal & interest, $393 property tax, $1,905 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%
At an estimated rental income of $4,212/month, this property runs a $4,327/month shortfall after mortgage and carrying costs. Break-even requires approximately 76% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Downtown VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,620,000
Vancouver Loading...
Downtown VW Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar apartments/condos average $2,035,833 across 20 active listings — this listing is 20.4% below the Vancouver average. This property is flagged as a Hot Deal (26.85% cheaper than comparables) based on its competitive pricing and market demand.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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