587 87 Nelson Street — Vancouver West


$ 599,000 FOR SALE MLS# R2925181
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Welcome to The ARC! Built by Concord Pacific, this luxurious 1 bdrm & den condo is centrally located in Yaletown/Downtown and is just steps from numerous restaurants, cafes, the Parq Casino, BC Place and the seawall.Features include Air Conditioning, Extensive S/S Miele Appliances, Custom cabinetry with backlighting, Hardwood floors & Marble backsplash throughout. 'Sky Club' amenities will absolutely blow you away with it's glass bottom pool on the 20th floor, steam/sauna, large gym & lounge with a grand piano, cappuccino lounge & garden. Arc is an iconic architectural masterpiece in a thriving area. 24 hrs concierge service, EV parking and more. Open House: Sep 21&22 at 1-4pm.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area582 sqft
Property TypeResidential – Apartment/Condo
MLS® R2925181
StatusTerminated
Listing BrokerNu Stream Realty Inc.

Property History

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

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Market Overview

Yaletown · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos644
Median Asking Price $ 1,050,000 $ 599,000
Median Price per SqFt $1,229 $1,029
Median Days on Market 672
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 1 ▼96.9% 2 32
Median Selling Price $ 640,000 ▼39.3% $ 614,000 $ 1,055,000
Median Price per SqFt $961 ▼13.7% $1,050 $1,113
Median Days on Market 537334
Median Discount Off Ask 8.4%4.0%3.5%
New Listings 555312
Months of Inventory 43.9

At the current sales pace, it would take about 44 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.

Yaletown: Number of Sales

Yaletown: Median Sold Price

Yaletown: Median Sold Price per SqFt

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