Open houses

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Listing history

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About this home

Beautiful, updated NE facing one bedroom suite with A/C at the iconic ELECTRA. Just about as central as downtown living can be; enjoy urban living & the walk to everywhere lifestyle. Move-in ready with recent updates including laminate wood floors & stainless steel appliances! Smart floorplan with tons of windows, open kitchen/living space, and bedroom with walk in closet. X-Large storage locker on same floor, spacious laundry room with ample FREE machines right across the hallway, and building comes complete with AIR CONDITIONING! Electra residents enjoy a grand lobby, social club, pool tables, guest suite and high speed elevators. Open House Sun 11/15, 2-4pm

Home facts

Bedrooms: 1
Bathrooms: 1 full
Interior: 501 sq ft
Year built: 1995
Pets: Dogs & Cats
Storey: 1
Property type: Apartment/Condo
Basement: None
Garage: No
Carport: No
Area: Vancouver West
Sub-area: Downtown VW
Listed: Hidden until you accept the VOW terms
Structure: Multi Family
PID: Hidden until you accept the VOW terms

Highlights

City view
Gym
Pool
Air conditioning
Meeting/Party Room
Guest suite
Caretaker
Hot water incl.

Features and inclusions

Appliances: Dishwasher, Refrigerator, Stove
Heating: Forced Air, Heat Pump
Cooling: Central Air, Air Conditioning
Flooring: Hidden until you accept the VOW terms
Construction: Hidden until you accept the VOW terms
Roof: Hidden until you accept the VOW terms
Parking: None
Lot: Central Location, Recreation Nearby
Interior features: Elevator, Guest Suite, Pantry
Laundry: Common Area
Community: Shopping Nearby

Board rules show these details to signed-in buyers who accept the VOW terms.

Monthly and upfront costs

Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.

Monthly ownership costs

Principal and interest: $2,313
Property tax: $142/mo
Home insurance: $150/mo
Estimated monthly total: $2,605

Purchase snapshot

List price: $488,000
Down payment: $97,600 (20%)
Estimated mortgage: $390,400

Estimates only. They leave out utilities, upkeep and closing costs.

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Space and layout

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Home value

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Neighbourhood

Open the map

Walk to IGA2 min

Bike to Vancouver City Centre2 min

Walk to Vancouver City Centre7 min

Drive to downtown Vancouver2 min

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Condo / Apartment · 89%

Homes for sale nearby, by type

Condo / Apartment1,319 for sale

Townhouse91 for sale

Detached39 for sale

Half-duplex14 for sale

Other10 for sale

Other9 for sale

Active listings within 3 km of this home.

Who lives here

Statistics Canada area 59153246 · Vancouver

Median age: 33
Renter households: 65%
Average household size: 1.7
Median household income: $80,000

Population (2021): 1,082
Median rent: $1,990
Owner shelter cost: $1,860
30%+ of income on shelter: 36%
Owner households: 36%
Households with kids: 9%
Immigrants: 45%
Post-secondary: 85%
Average home value (2021): $770,000

Breakdown

Under $5,0007.1% · 45

$5,000 to $9,9991.6% · 10

$10,000 to $14,9991.6% · 10

$15,000 to $19,9992.4% · 15

$20,000 to $24,9994.7% · 30

$25,000 to $29,9991.6% · 10

$30,000 to $34,9991.6% · 10

$35,000 to $39,9993.1% · 20

$40,000 to $44,9993.1% · 20

$45,000 to $49,9993.1% · 20

$50,000 to $59,9996.3% · 40

$60,000 to $69,9997.1% · 45

$70,000 to $79,9997.1% · 45

$80,000 to $89,9997.9% · 50

$90,000 to $99,9993.9% · 25

$100,000 to $124,99913.4% · 85

$125,000 to $149,9997.1% · 45

$150,000 to $199,9997.9% · 50

$200,000 and over9.4% · 60

Source: Statistics Canada, 2021 Census Profile, dissemination area 59153246.

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Form BReview strata fees, balances, parking, storage, and notices.
Bylaws and rulesReview rental, pet, renovation, and use restrictions.
Council and AGM minutesReview recent decisions, disputes, repairs, and planned work.
Depreciation reportReview the long-term repair plan and funding outlook.
Budget and financial statementsReview operating costs, contingency funds, and special levies.
Strata insurance summaryReview building coverage, deductibles, and policy limits.

Availability is not guaranteed. Review documents with a professional.

#1012 – 989 Nelson Street

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