Property Type: Condo / ApartmentOwnership: Strata

2001 89 NELSON STREET

Vancouver, BC V6Z0E7

$1,150,000

2 bed2 bath1 parking913 sqftBuilt 2019
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Amenities

Gym

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$3,757.51 (2025)

Interior

Heating
Forced air
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
All, Oven - Built-In

Exterior & Lot

View
View
Pool
Indoor pool
Lot features
Central location

Building

Security
Smoke Detectors, Sprinkler System-Fire
Parcel ID (PID)
030-887-640

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions
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®
R3134819
Listed
June 11, 2026
Time on market
On the market for 82 days
Tax assessment year
2025
Data last synced
August 30, 2026

Listing provided by: Dracco Pacific Realty · Data source: CREA DDF.

Description

Experience elevated waterfront living at The ARC, Concord Pacific's iconic landmark in the heart of Downtown Vancouver. This exceptional corner residence offers thoughtfully designed living space. Floor-to-ceiling windows flood the home with natural light while showcasing spectacular views of False Creek & city skyline. The open-concept interior features A/C, premium appliances, contemporary finishes, and seamless indoor-outdoor living with an expansive balcony perfect for entertaining or relaxing above the city. Enjoy access to resort-inspired amenities: world-class fitness facility, stunning glass-bottom swimming pool, concierge service, lounge spaces, etc. Situated just steps from the Seawall, BC Place, Rogers Arena, restaurants, cafes & more. Open house Aug 29 Sat 2-4pm. (id:63159)

Values & Trends

This listing

$1,260/sqft

Building average

$1,496/sqft

7 active listing(s)

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: 1 stall(s) includedStorage 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

17°C

Clear

Humidity 100%

Wind WNW 13 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

67

7/9 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
Lowell High School(Independent)Secondary505 m
Claren Academy(Independent)Elementary515 m
Elsie Roy ElementaryElementary602 m
šxʷwəq̓ʷəθət Crosstown ElementaryElementary769 m
Columbia Academy(Independent)Secondary892 m
Pattison High School(Independent)Secondary1.0 km
Alexander Academy(Independent)Secondary1.1 km
Anchor Point Montessori(Independent)Elementary1.2 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
Westbound Expo Blvd @ Nelson St74 m
Eastbound Pacific Blvd @ Marinaside Cres80 m
Northbound Smithe St @ Expo Blvd165 m
Eastbound Nelson St @ Cambie St217 m
Northbound Cambie St @ Nelson St252 m

Nearby Places

Restaurants (5+)

  • Club Kitchen37 m
  • Fresh Sushi · 909 Expo Boulevard121 m
  • Pho Khanh Express · 910 Beatty Street179 m
  • Honey Salt · 39 Smithe Street194 m
  • La Terrazza · 1088 Cambie Street247 m

Cafes (5+)

  • Belgian Chocolate Cafe138 m
  • 7Days Coffee · 920 Beatty Street171 m
  • Small Victory · 1089 Marinaside Crescent255 m
  • Rocanini · 863 Beatty Street263 m
  • Cafe Dilli · 191 Smithe Street288 m

Grocery (5+)

  • Urban Fare · 177 Davie Street386 m
  • IGA · 489 Robson Street624 m
  • Nesters Market · 990 Seymour Street643 m
  • Choices Market · 1202 Richards Street661 m
  • H Mart · 590 Robson Street703 m

Parks (5+)

  • Ring Gear153 m
  • Coopers' Park · 1020 Marinaside Crescent161 m
  • Helmcken Park327 m
  • Yaletown Park377 m
  • Habitat Island Park437 m

Gyms (5+)

  • Rumble Boxing · 968 Expo Boulevard43 m
  • Anytime Fitness · 60 Smithe Street126 m
  • Precision Athletics · 858 Beatty Street231 m
  • Rize Fitness · 188 Smithe Street247 m
  • Sculpt Studio · 1083 Cambie Street307 m

Pharmacies (5+)

  • Pure Integrative Pharmacy · 238 Robson Street403 m
  • Shoppers Drug Mart · 1006 Homer Street443 m
  • The Pharmacy Yaletown · 1251 Pacific Street556 m
  • Sina · 505 Smithe Street596 m
  • Costco Pharmacy621 m

Banks & ATMs (5+)

  • Bitcoin ATM Coinsite · 1168 Pacific Boulevard373 m
  • BMO · 1004 Hamilton Street389 m
  • RBC · 1196 Pacific Boulevard407 m
  • TD · 1001 Hamilton Street419 m
  • Coast Capital Savings · 120 Davie Street419 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($90,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$920,000.00
Periodic payment — Principal & Interest (monthly)$5,935.53
Additional monthly expenses (strata, tax, utilities, etc.)$359.13
Total monthly cost$6,294.65
Interest paid over 5-yr term$263,674.64
Balance at end of term$827,542.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$90,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,151.03

Cash Needed at Closing

Minimum down payment$90,000
Estimated BC PTT$21,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,500

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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