1508 1033 Nelson Street — Vancouver West


$ 4,950 FOR RENT MLS# R3100257
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The Butterfly by Westbank, is a striking new addition to downtown Vancouver’s skyline. This world-class building features 331 one-of-a-kind homes. This 2-bedroom, 2-bathroom unit spans 1,130 sq. ft., with 1,006 sq. ft. of interior living and 124 sq. ft. of exterior space. The custom interior includes a eucalyptus veneered front door, large white porcelain flooring, and an Italian-crafted kitchen with Miele appliances. Floor-to-ceiling sheer drapery and curved glass walls enhance the light-filled space. LEED Gold certified, the building excels in energy efficiency and water conservation. Amenities include a 24-hour concierge, sky spa pool, gym, and a $1 million Fazioli piano. 1 parking stall, 1 storage, 1 bike loop.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms2
Living Area1,006 sqft
Property TypeResidential Lease – Apartment/Condo
MLS® R3100257
StatusRented
Listing BrokerVIRANI REAL ESTATE ADVISORS

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

West End VW · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos294
Median Asking Price $ 939,000 $ 4,950
Median Price per SqFt $1,064 $5
Median Days on Market 71
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 0 ▼100.0% 31 25
Median Selling Price ▼100.0% $ 746,000 $ 979,000
Median Price per SqFt ▼100.0% $1,002 $1,030
Median Days on Market 3142
Median Discount Off Ask 3.5%5.8%
New Listings 48148
Months of Inventory 8.6

At the current sales pace, it would take about 9 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.

West End VW: Number of Sales

West End VW: Median Sold Price

West End VW: Median Sold Price per SqFt

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