Property Type: Condo / ApartmentOwnership: Strata

602 1042 NELSON STREET

Vancouver, BC V6E1H8

$940,000

2 bed2 bath1 parking989 sqftBuilt 1986
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$535/mo
Annual property tax
$3,135.19 (2026)

Interior

Heating
Electric
Fireplace
None
Appliances
All

Exterior & Lot

Lot features
Treed, Elevator

Building

Parcel ID (PID)
005-349-044

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed

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

Listing Information

MLS®
R3157820
Listed
August 21, 2026
Time on market
On the market for 10 days
Tax assessment year
2026
Data last synced
August 30, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

Experience this lovely penthouse condominium nestled on a beautiful tree lined street in the coveted Nelson Park neighbourhood. This generous 2 bed, 2 bath gem enjoys abundant natural light throughout with an expansive floorplan & elegant hardwood flooring & tile throughout. Savour the entertainment sized dining & living room with gas fireplace + a well appointed kitchen with granite counters. Enjoy your morning coffee and evening cocktails on the large private patio covering nearly 300 sqft. Close to Vancouver's finest shopping & entertainment, transportation and the amazing West End Farmers Market! Your Oasis Awaits! (id:63159)

Values & Trends

This listing

$950/sqft

Building average

No other active listings in this building

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

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

70

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)Secondary207 m
Anchor Point Montessori(Independent)Elementary589 m
Claren Academy(Independent)Elementary731 m
Franklin School(Independent)Secondary857 m
Columbia Academy(Independent)Secondary908 m
Lowell High School(Independent)Secondary950 m
Lord Roberts ElementaryElementary952 m
Alexander Academy(Independent)Secondary1.1 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 St136 m
Northbound Burrard St @ Comox St158 m
Southbound Burrard St @ Barclay St207 m
Northbound Burrard St @ Smithe St273 m
Eastbound Davie St @ Thurlow St308 m

Nearby Places

Restaurants (5+)

  • C Prime Modern Italian Steak & Wine · 1015 Burrard Street117 m
  • Le Crocrodile · 909 Smithe Street199 m
  • Cafe One230 m
  • oyo Korean Noodles · 991 Hornby Street237 m
  • Sushi Today · 989 Hornby Street242 m

Cafes (5+)

  • Beyond Coffee · 1015 Burrard Street124 m
  • C4U Cafe · 955 Burrard Street168 m
  • Starbucks · 1088 Burrard Street201 m
  • Elysian Coffee Roasters · 1100 Burrard Street229 m
  • Trees Organic Coffee · 930 Burrard Street232 m

Grocery (5+)

  • IGA · 909 Burrard Street205 m
  • Mi Tierra Latina · 1104 Davie Street326 m
  • El Paisano · 931 Davie Street353 m
  • Fresco Foods · Bute Street378 m
  • Your Independent Grocer · 1255 Davie Street456 m

Parks (5+)

  • Nelson Park174 m
  • Robson Square514 m
  • Unnamed543 m
  • Unnamed584 m
  • Unnamed623 m

Shopping (5+)

  • Oomomo Japan Living · 1144 Robson Street383 m
  • Muji · 1125 Robson Street395 m
  • Vancouver Centre · 753 Seymour Street704 m
  • CF Pacific Centre · 701 West Georgia Street736 m
  • Winners · 660 Granville Street797 m

Gyms (5+)

  • Club Pilates · 941 Hornby Street267 m
  • Yyoga Downtown Flow · 888 Burrard Street293 m
  • Studeo · 856 Hornby Street359 m
  • Fitness World · 1214 Howe Street491 m
  • Equinox · 1131 West Georgia Street572 m

Pharmacies (5+)

  • Shoppers Drug Mart · 1125 Davie Street296 m
  • Pharmasave · Burrard Street298 m
  • Howe Street Pharmacy · 1070 Howe Street379 m
  • Shoppers Drug Mart · 748 Burrard Street438 m
  • London Drugs · 1187 Robson Street445 m

Banks & ATMs (5+)

  • Oscar's Smoke Shop - Bitcoin Well ATM · 951 Hornby Street258 m
  • RBC Royal Bank · 1010 Hornby Street267 m
  • RBC Royal Bank · 1051 Davie Street287 m
  • Bitcoin ATM Coinsite · 1201 Thurlow Street323 m
  • Unnamed358 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 7.3% ($69,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$752,000.00
Periodic payment — Principal & Interest (monthly)$4,851.65
Additional monthly expenses (strata, tax, utilities, etc.)$844.93
Total monthly cost$5,696.57
Interest paid over 5-yr term$215,525.36
Balance at end of term$676,426.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,697.69

Cash Needed at Closing

Minimum down payment$69,000
Estimated BC PTT$16,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$87,300

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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