1607 989 Nelson Street — Vancouver West


$ 599,000 FOR SALE MLS# R3141343
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Welcome to The Electra! This solid BC Hydro building was upgraded into condos with 3 fast, modern elevators. Steps to groceries, restaurants, theatres, YMCA, Robson shops and a short walk to beaches/Stanley Park, this rarely available upper floor NW corner (larger) 1 bedroom features a great layout with full-width, sound-proof windows that flood the space with natural light, city, mountain, and English Bay views. Amenities include 3 affordable guest suites, gym, sauna, ping-pong, bike room, and a spacious lounge with library, full kitchen, billiards, and BBQ patio with sun loungers. Steps from your unit is a large storage locker and free shared laundry. No pets, but short-term rentals OK with approval and a valid city license. Fees include heat, hot water and A/C for cool, quiet summers!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms1
Bathrooms1
Living Area616 sqft
Property TypeResidential – Apartment/Condo
MLS® R3141343
StatusActive
Listing BrokerOakwyn Realty Ltd.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
2 events on record for this property

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Market Overview

Downtown VW · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos367
Median Asking Price $ 728,000 $ 599,000
Median Price per SqFt $1,024 $972
Median Days on Market 69
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 2 ▼97.0% 6 66
Median Selling Price $ 967,500 ▲46.0% $ 563,500 $ 662,500
Median Price per SqFt $1,117 ▲10.9% $893 $1,007
Median Days on Market 302639
Median Discount Off Ask 3.9%3.1%4.7%
New Listings 758214
Months of Inventory 15.1

At the current sales pace, it would take about 15 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Downtown VW: Number of Sales

Downtown VW: Median Sold Price

Downtown VW: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Downtown VW. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.