Property Type: Condo / ApartmentOwnership: Strata

1110 989 NELSON STREET

Vancouver, BC V6Z2S1

$499,999

1 bed1 bath0 parking498 sqftBuilt 1995
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Amenities

Gym

Also listed: Shared Laundry, Guest Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$522/mo
Annual property tax
$1,562.26 (2025)

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
Refrigerator, Dishwasher, Stove

Exterior & Lot

View
View
Lot features
Central location, Elevator

Building

Parcel ID (PID)
019-178-328

Parking

Total spaces
0

Restrictions & Policies

Pets
Not allowed
Rentals
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3149431
Listed
July 23, 2026
Time on market
On the market for 39 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Dexter Realty · Data source: CREA DDF.

Description

THE ELECTRA! Iconic downtown Vancouver living at Burrard and Nelson. This bright, move-in ready 1-bedroom is a smart choice for first-time buyers, investors, or anyone wanting a polished city base in one of Vancouver´s most recognizable landmark buildings. Fresh paint, brand new appliances, floor-to-ceiling windows, and city/mountain outlooks make this home feel sharp from the moment you walk in. The practical details are just as strong: central A/C, bike storage, fitness centre, lounge, guest suites, oversized storage locker, and laundry conveniently located on the same floor. Step outside to Robson Street, restaurants, cafés, transit, the business district, and Scotiabank Theatre. Rentals allowed. No car required. No work required. Just downtown living that makes sense. (id:63159)

Values & Trends

This listing

$1,004/sqft

Building average

$991/sqft

3 active listing(s)

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$729,200

Jul 2026

Average Sale Price

$892,419

Jul 2026

Monthly Sales

342

Jul 2026

Active Listings

2,222

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

25 days

Jul 2026

MLS® HPI Benchmark Price

$820,100
$729,200
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

78

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Pattison High School(Independent)Secondary33 m
Claren Academy(Independent)Elementary565 m
Anchor Point Montessori(Independent)Elementary603 m
Columbia Academy(Independent)Secondary756 m
Franklin School(Independent)Secondary761 m
Lowell High School(Independent)Secondary764 m
Alexander Academy(Independent)Secondary955 m
Elsie Roy ElementaryElementary1.0 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Southbound Burrard St @ Nelson St82 m
Northbound Burrard St @ Comox St90 m
Southbound Burrard St @ Barclay St111 m
Northbound Burrard St @ Smithe St170 m
Southbound Howe St @ Nelson St174 m

Nearby Places

Restaurants (5+)

  • oyo Korean Noodles · 991 Hornby Street51 m
  • Sushi Today · 989 Hornby Street55 m
  • Shizen Ya · 965 Hornby Street61 m
  • Cafe One81 m
  • Gyu-Kaku · 888 Nelson Street116 m

Cafes (5+)

  • The Alley · 985 Hornby Street56 m
  • Wall Flowers82 m
  • C4U Cafe · 955 Burrard Street87 m
  • Trees Organic Coffee · 930 Burrard Street106 m
  • Beyond Coffee · 1015 Burrard Street111 m

Grocery (5+)

  • IGA · 909 Burrard Street126 m
  • El Paisano · 931 Davie Street338 m
  • Nesters Market · 990 Seymour Street387 m
  • Mi Tierra Latina · 1104 Davie Street457 m
  • H Mart · 590 Robson Street481 m

Parks (5+)

  • Nelson Park363 m
  • Robson Square381 m
  • Emery Barnes Park505 m
  • Rainbow Park (sθәqәlxenәm ts'exwts'áxwi7) · 872 Richards Street533 m
  • Unnamed597 m

Shopping (5+)

  • Muji · 1125 Robson Street442 m
  • Oomomo Japan Living · 1144 Robson Street453 m
  • Vancouver Centre · 753 Seymour Street543 m
  • CF Pacific Centre · 701 West Georgia Street603 m
  • Winners · 660 Granville Street656 m

Gyms (5+)

  • Club Pilates · 941 Hornby Street89 m
  • Yyoga Downtown Flow · 888 Burrard Street187 m
  • Studeo · 856 Hornby Street225 m
  • Fitness World · 1214 Howe Street427 m
  • Oxygen Yoga & Fitness · 525 Smithe Street469 m

Pharmacies (5+)

  • Howe Street Pharmacy · 1070 Howe Street242 m
  • Pharmasave · Burrard Street303 m
  • Shoppers Drug Mart · 748 Burrard Street350 m
  • Granville Pharmacy · 1146 Granville Street394 m
  • Shoppers Drug Mart · 1125 Davie Street444 m

Banks & ATMs (5+)

  • Oscar's Smoke Shop - Bitcoin Well ATM · 951 Hornby Street74 m
  • RBC Royal Bank · 1010 Hornby Street115 m
  • Bitcoiniacs Bitcoin ATM218 m
  • Unnamed283 m
  • Unnamed297 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($25,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,999.00
Periodic payment — Principal & Interest (monthly)$2,580.66
Additional monthly expenses (strata, tax, utilities, etc.)$676.69
Total monthly cost$3,257.35
Interest paid over 5-yr term$114,640.86
Balance at end of term$359,800.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$25,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,652.58

Cash Needed at Closing

Minimum down payment$25,000
Estimated BC PTT$8,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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