1507 1033 Nelson Street — Vancouver West


$ 3,450 FOR RENT MLS# R3100212
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Welcome to The Butterfly by Westbank, an architectural masterpiece designed by Bing Thom Architects. This 1 Bed, 1 Bath plus den residence offers 666 sq. ft. of thoughtfully designed interior space, complemented by 73 sq. ft. of private outdoor space. Spanning 57 stories and home to 331 world-class residences, The Butterfly seamlessly blends Vancouver's natural beauty with modern luxury. Centrally located in downtown Vancouver, residents are just moments away from iconic destinations like English Bay, Stanley Park, False Creek, & the Seawall. Indulge in luxury shopping on Alberni Street all within easy reach. The Butterfly also offers exceptional amenities, including a 24-hour concierge, a serene sky spa pool, a state-of-the-art gym, & Fazioli custom piano for music enthusiasts!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area666 sqft
Property TypeResidential Lease – Apartment/Condo
MLS® R3100212
StatusRented
Listing BrokerVIRANI REAL ESTATE ADVISORS

Property History

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

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Market Overview

West End VW · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos294
Median Asking Price $ 939,000 $ 3,450
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.