511 89 Nelson — Vancouver West


$ 2,400 FOR RENT MLS# R3152614
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One of the premier buildings in downtown, luxury at its finest, close to everything, seawall, shopping, food, transit, etc. This property has it all, 24 hour concierge, glass bottom pool, gym, quick walk to the seawall. Simply amazing. Features Bedrooms: 1 Bathrooms: 1 Balcony: 1 Furnished: Partial Available: Immediately Pets Allowed: YES - one pet with pet deposit Lease Term: 1 year Monthly Rent: $2400 Air Conditioning: Yes Gym: Yes Swimming Pool: Yes Gas cooking: Included Hot water: Included Utilities: not included
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area500 sqft
Property TypeResidential Lease – Apartment/Condo
MLS® R3152614
StatusRented
Listing BrokerColdwell Banker Universe Realty

Property History

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

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Market Overview

Yaletown · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos275
Median Asking Price $ 1,048,000 $ 2,400
Median Price per SqFt $1,119 $5
Median Days on Market 65
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 1 ▼97.3% 31 37
Median Selling Price $ 1,065,000 ▲18.3% $ 965,000 $ 900,000
Median Price per SqFt $843 ▼21.4% $1,083 $1,073
Median Days on Market 1301742
Median Discount Off Ask 6.4%4.0%4.7%
New Listings 76155
Months of Inventory 8.2

At the current sales pace, it would take about 8 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

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.