1513 989 Nelson Street — Vancouver West


$ 499,000 FOR SALE MLS# R3176262
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Great location in ELECTRA-priced for great investment value. The 15th floor home has NE views over the courthouse in the heart of downtown Vancouver. This bright home features floor-to-ceiling windows, 9’ ceilings revealing urban views, abundant natural light & a same floor storage locker. Stay cool in the summer (AC) & cozy in the winter (Heat) incl. in fees. Steps to transit, dining & entertainment. A rare blend of character, convenience & modern upgrades in an iconic Vancouver landmark building. Amenities include - Outdoor-grill, social room, pool table, lounge w/free Wi-Fi, gym, dry sauna, theatre room, bike room & free shared laundry on every floor. Three high-speed elevators, on-site manager, guest suites for visitors! Fabulous opportunity to own in an iconic Vancouver property!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area614 sqft
Property TypeResidential – Apartment/Condo
MLS® R3176262
StatusActive
Listing BrokerRoyal LePage Sussex

Property History

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

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Market Overview

Downtown VW · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos442
Median Asking Price $ 737,000 $ 499,000
Median Price per SqFt $1,010 $813
Median Days on Market 56
Sold Properties Oct 2026Sep 2026Oct 2025
Condos 17 ▼62.2% 45 45
Median Selling Price $ 526,000 ▼22.1% $ 625,000 $ 675,000
Median Price per SqFt $923 ▼7.8% $950 $1,001
Median Days on Market 282640
Median Discount Off Ask 5.7%4.0%3.7%
New Listings 5514157
Months of Inventory 10.2

At the current sales pace, it would take about 10 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.