613 989 Nelson Street — Vancouver West


$ 588,000 FOR SALE MLS# R2885303
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PRIME DOWNTOWN! Own a piece of Vancouver’s mid century history at the sought after Electra! This heritage conversion is perfect for investment or move right in with BONUS option to airbnb your primary residence (as per city bylaws). You’ll love coming home to this stunning open concept one bed with room for your king bed, HUGE walk-in closet, 9ft ceilings, floor to ceiling windows & cental A/C. Tons of amenities, including XL storage locker, free laundry facilities steps from your door, gym, guest suites, BBQ/ entertaining lounge, pool table, new high-speed elevators & proactive management. Unbeatable location in the heart of downtown Vancouver with lease parking options steps away.Open House ,Sat, Aug 10th ,2-4pm.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area495 sqft
Property TypeResidential – Apartment/Condo
MLS® R2885303
StatusExpired
Listing BrokerMacdonald Realty Westmar

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change

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Market Overview

Downtown VW · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos1174
Median Asking Price $ 789,900 $ 588,000
Median Price per SqFt $1,111 $1,188
Median Days on Market 679
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 1186317
Months of Inventory 48.2

At the current sales pace, it would take about 48 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.