2005 989 NELSON ST, Vancouver BC V6Z 2S1, Vancouver, BC

$598,000
Est. Mortgage /mo

MLS® R2826957

Closed

$566,000
Closed at 01 Apr 2024
Listing price: $598,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 504.81 Maint. Fee
495 sqft
1995 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Experience the beauty of "THE ELECTRA", a well-maintained residential conversion of the former BC Hydro building in 1995. This thoughtfully designed one-bedroom unit offers stunning ENGLISH BAY views from both the living and bedroom. The nine-foot ceilings and tinted glass windows ensure complete privacy while offering an abundance of natural light. CENTRAL A/C provides optimal comfort year-round. Spacious bedroom w/ walk in closet. Each floor provides free shared laundry facilities and a large private storage area. AMENITIES include: concierge, gym, table tennis, billiard, outdoor BBQ area &THREE guest suites. Centrally located right across from the luxury Butterfly tower and future CURV Passive House. Convenient access to shopping and entertainment. INVESTORS- short term rentals allowed.

General Info

Price $598,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 495
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1995
Age Of Building 29
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Disposal, Refrigerator, Stove, Microwave, Oven
Building Amenities Bike Room, Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2826957
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $1,534.94
Ownership Type Freehold Strata
Maintenance Fee $504.81
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management

Heating & Cooling

Fireplace 0
Heating Type Forced Air
Cooling Central Air, Air Conditioning

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type None
Total Parking Spaces 0

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning RES
Rental Suites Other
Laundry Common Area
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite, Storage
Locker 1
View 1
View Description ENGLISH BAY & CITY
Units In Development -
Exterior Features Garden, No Outdoor Area
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
Sold 04-01-2024 $598,000
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Listed by: eXp Realty & eXp 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
1.23 km
No Rating
Elementary
Lord Strathcona Community Elementary School
0.9 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Anchor Point Montessori
0.59 km
No Rating
Secondary
Pattison School
0.06 km
No Rating

Closest Transit

Translink
Southbound Burrard St @ Nelson St
0.07 km

2005 989 NELSON STREET, Vancouver BC V6Z 2S1 is serviced by Lord Strathcona Community Elementary School. The property with listing MLS® R2826957 is located 0.9 km from the school. Lord Strathcona Community Elementary School has a rating of No Rating.

This home with address 2005 989 NELSON STREET, Vancouver BC V6Z 2S1, Vancouver, BC is also serviced by King George Secondary School and located 1.23 km from it. King George Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2005 989 NELSON STREET, Vancouver BC V6Z 2S1 is Anchor Point Montessori with School's rating No Rating, located 0.59 km from this home.

The closest to this address 2005 989 NELSON STREET, Vancouver BC V6Z 2S1 Secondary independent school is Pattison School with School's rating No Rating, located 0.06 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 2005 989 NELSON STREET, Vancouver BC V6Z 2S1, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2826957 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 2005 989 NELSON STREET, Vancouver BC V6Z 2S1 are Above Average. Property misconduct rating adjacent to MLS® R2826957 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Southbound Burrard St @ Nelson St in 0.07 km away from this listing with - MLS® R2826957.

58.5% of people with university certificate/degree live in this neighbourhood adjacent to the 2005 989 NELSON STREET, Vancouver BC V6Z 2S1 which is High in comparison with other BC neighbourhoods. 2.4% of population in this neighbourhood that is near the Listing MLS® R2826957 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 2005 989 NELSON STREET, Vancouver BC V6Z 2S1, Vancouver, BC is $65920 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2826957 is $42581 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 72.4% which is High.

Unemployment rate in the area around Real Estate Listing # R2826957 is 4.3 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 2005 989 NELSON STREET, Vancouver BC V6Z 2S1 Downtown VW where population change between 2011 and 2016 was 13.9%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2005 989 NELSON STREET, Vancouver BC V6Z 2S1, Vancouver, BC is 9296.6 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 2005 989 NELSON STREET, Vancouver BC V6Z 2S1 is 2.2. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2826957 is 25.3% and it is Low. % of Married or living common law is around 42.4% and it is Low.

Average age of the population close to the 2005 989 NELSON STREET, Vancouver BC V6Z 2S1 is 37.3 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2005 989 NELSON STREET, Vancouver BC V6Z 2S1, Vancouver, BC is $745989 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 2005 989 NELSON STREET, Vancouver BC V6Z 2S1. $1792 owners spent in average for the dwelling. Tenants are paying $1723 in this district close to MLS® R2826957 and it is High comparing to other cities.

61.7% of Population in this district near the 2005 989 NELSON STREET, Vancouver BC V6Z 2S1 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2005 989 NELSON STREET, Vancouver BC V6Z 2S1, Vancouver, BC is 10.5%, it is Above Average, % of English speakers only is 87.2% and Below Average. % of French speakers adjacent to 2005 989 NELSON STREET, Vancouver BC V6Z 2S1 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 2005 989 NELSON STREET, Vancouver BC V6Z 2S1, Vancouver, BC is 2.2% and it is Above Average comparing to other BC cities.

18.7% of all population in the area around this property with the address 2005 989 NELSON STREET, Vancouver BC V6Z 2S1, Vancouver, BC using Public Transport which is Above Average, 24.5% of using population are using Cars around MLS® R2826957, which is Low. 1.7% of people using Bicycles around the 2005 989 NELSON STREET, Vancouver BC V6Z 2S1 and it is Above Average. 53.4% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 504.81
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $598,000
Vancouver $507,400
Downtown VW $529,000
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
Call or Text Now!
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