614 989 Nelson St, Vancouver BC - Apartment/Condo for Sale - MLS# R3126107

$588,888
Est. Mortgage $2,605/mo
1 Beds
1 Baths
614 sqft
959 $ /sqft
626.89 $ Maint. fee
1995 built
90.0% price reduction
$588,888
$5,888,888
Est. $2,605/mo with 20% down
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

Photos

Property Details for 614 989 Nelson Street

90.0% price reduction

Electra!! Very famous and very well maintained office tower and residential high rise. Located in the absolute center point of Vancouver Downtown. Spacious, bright south-east corner unit facing quiet side of the elegant building with great city views. Central air conditioning system, 9 feet ceiling, new flooring, updated bathroom, one bedroom plus den potential, with excellent amenities as guest suites, gym, sauna, lounge, bike room. Building is AirBNB friendly. Live in the bedroom, with airbnb in the den, great mortgage helper. Large storage locker & free shared laundry on the same floor. Convenient location, close to everything.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Heat Pump
Cooling Air Conditioning
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
View Description CITY
Structures Multi Family, Residential Attached

Building Details

Price $588,888
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 614
Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Caretaker, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities
Ownership Type Freehold Strata
Maintenance Fee $626.89
Amenities Nearby Caretaker, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities
Utility Type Electricity Connected, Water Connected
Utility Sewer Sanitary Sewer
Water (WaterSource) Public
Parking Type None
Total Parking Spaces 0
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Suites None

Lot & Land

MLS® # R3126107
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6Z 2S1
Gross Taxes $1,811.72
Zoning CD-1

Property Timeline

Status Date Price
R3126107 / Active 05-19-2026 $588,888
Rooms
Floor Type Dimensions
Main Level Living Room 12'0 x 12'0 ft
Main Level Dining Room 10'11 x 10'11 ft
Main Level Kitchen 7'8 x 7'8 ft
Main Level Primary Bedroom 11'5 x 11'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: RE/MAX Heights 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.

Map & Neighbourhood

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 614 989 Nelson Street

BC Assessment Value — 614 989 Nelson Street

2026 assessed value, sourced from City of Vancouver open data (PID 019-177-658).
Total Assessed Value (2026)
$575,000
-1.0% YoY
-0.9%/yr over 4 yr
2022 Value Trend 2026
Land
$411,000
Buildings
$164,000
Year Built
1957
Class
Comprehensive Development
Zoning
CD-1 (322)
Property Tax
$1,934
Year Land Improvements Total Assessed YOY Change
2026 $411,000 $164,000 $575,000
-1.0%
2025 $415,000 $166,000 $581,000
-3.5%
2024 $430,000 $172,000 $602,000
-2.0%
2023 $439,000 $175,000 $614,000
+2.8%
2022 $423,000 $174,000 $597,000

Mortgage Calculator for 614 989 Nelson Street

/month
Principal & Interest
Property Taxes $151
Maintenance fee 626.89
A 20% down payment of $117,778 on this $588,888 listing yields an estimated mortgage of $2,249/month (30-year fixed, 4%). Total estimated housing cost: $3,027/month, $151 property tax, $627 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%
With $2,237/month in estimated rental income against $3,085/month in mortgage payments, the monthly cashflow is -$848/month. A 51% down payment would reach break-even.
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 $588,888
Vancouver Loading...
Downtown VW Loading...

Based on 83 comparable active apartments/condos in Downtown VW, the average asking price is $534,458. This listing is priced 10.2% above the neighbourhood average. This property is flagged as a Hot Deal (90.0% price reduction) 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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