#812 989 Nelson Street, Vancouver, BC V6Z2S1




Property Overview
- Apartment Home Type
- Low Rise Apartment Building Type
- Downtown Community
- 1 Beds
- 1 Full Baths
- 0 Half Baths
- 0 Parking Space(s)
- 1995 Year Built
- $1,552 Property Taxes
- 20 days Days on Market
- R2857686 MLS® #
- $1,150 Price / Sqft
- CD-1 Land Use
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Sale Analysis
Auto-generatedThis 1-bedroom, 1-bathroom low rise apartment in Downtown sold for $568,000.
How did this sale price compare with similar homes?
This sale price of $568,000 is 8.5% above the local comparable-sales benchmark of $523,347.
How long did this home take to sell?
This home sold in 20 days, which is shorter than the comparable average of 41 days.
What does this mean for the local market?
Comparable sales in Downtown averaged 97.8% of list price.
How close was the final sale price to the list price?
The final sale price of $568,000 was 3.4% below the asking price of $588,000.
What kind of home is this?
This is a low rise apartment located in Downtown, built in 1995.
What are the key layout details of this home?
This home features 1 bedroom, 1 bathroom, and is 494 sqft with no parking.
This analysis is automatically generated using available sales and market data. It may contain errors and should not be relied on as financial or legal advice.
Description
Investment oportunity at its finest in this affordable and clean one bedroom unit that easily fits a king size bed with A/C at the popular Electra Building. Enjoy a rare layout with floor-to-ceiling windows running the entire length of the unit with 9 ft ceilings. This unit also includes an X-large storage room and free laundry facilities just steps away on the same floor. Take advantage of the building's amenities, such as the gym with sauna, BBQ lounge area, and pool table, as well as the new highspeed elevators, guest suites, and library. The superb urban location offers easy access to entertainment, restaurants, shopping, and the business district. Strata allows AirBnb per city bylaws
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