CONDOS FOR SALE

GASTOWN

  • Downtown Suites Ltd. BBB Business Review

406 989 NELSON Street
Downtown VW Vancouver V6Z 2S1

$498,000
Residential Attached beds: 1 baths: 1.0 496 sq. ft. built: 1995

Kitchen with modern cabinets, stainless steel appliances, under cabinet range hood, white cabinetry, and light tile patterned flooring
Photo 1: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
Photo 2: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
Photo 3: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
Photo 4: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
Photo 5: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
Photo 6: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
Photo 7: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
Photo 8: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
Photo 9: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
Photo 10: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
Photo 11: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
Status:
Active
Prop. Type:
Residential Attached
MLS® Num:
R2972074
Bedrooms:
1
Bathrooms:
1
Year Built:
1995
This beautiful condo in Central Downtown Vancouver has floor to ceiling windows with great views from every room letting in tons of natural light year round. Beautiful home with high ceilings and the kitchen opens up to the dining room keeping the flow of this open floor plan with no wasted space. Air conditioning and a huge storage locker! The building boasts 3 brand new high speed elevators, gym, sauna, guest suites and a great social room with a lending library and pool table. Very well run building with a pro active strata and a great building manager. This building does not allow pets and there is no parking. Rentals allowed. Fantastic laundry set up with four washers/dryers on each floor. Heat, air-conditioning and laundry included in strata fee.
Property Type:
Residential Attached
Dwelling Type:
Apartment/Condo
Year built:
1995 (Age: 30)
Total area:
496 sq. ft.
Total Floor Area:
496 sq. ft.
Main Floor Area:
496 sq. ft.
Levels:
1
Bedrooms:
1 (Above Grd: 1)
Bathrooms:
1.0 (Full:1/Half:0)
Taxes:
$1,498.93 / 2024
Lot Area:
0 sq. ft.
Outdoor Area:
Balcony(s)
Plan:
LMS1866
Basement:
None
Fireplaces:
0
Title to Land:
Freehold Strata
$504.81
Air Conditioning, Stove
Central Location
Air Cond./Central, Storage
Reno / Year:
Partly / 2024
  • Photo 1: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
    Kitchen with modern cabinets, stainless steel appliances, under cabinet range hood, white cabinetry, and light tile patterned flooring
  • Photo 2: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
    View of building exterior with a city view
  • Photo 3: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
    Unfurnished dining area with visible vents, light wood-style flooring, baseboards, and an inviting chandelier
  • Photo 4: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
    Kitchen with stainless steel appliances, white cabinets, under cabinet range hood, and dark tile patterned floors
  • Photo 5: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
    Interior space with baseboards, visible vents, a city view, and wood finished floors
  • Photo 6: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
    Kitchen featuring white cabinets, under cabinet range hood, stainless steel appliances, and backsplash
  • Photo 7: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
    Spare room featuring wood finished floors and a healthy amount of sunlight
  • Photo 8: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
    Bathroom featuring visible vents, toilet, tile patterned floors, tub / shower combination, and vanity
  • Photo 9: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
    Bathroom featuring toilet and vanity
  • Photo 10: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
    Walk in closet featuring light wood-style floors
  • Photo 11: 406 989 NELSON Street in Vancouver: Downtown VW Condo for sale in "Electra" (Vancouver West)  : MLS®# R2972074
    Kitchen featuring appliances with stainless steel finishes, white cabinetry, under cabinet range hood, and dark tile patterned floors
Listed by Saba Realty Ltd.
Data was last updated March 13, 2025 at 11:10 AM (UTC)
Area Statistics
Listings on market:
535
Avg list price:
$848,000
Min list price:
$350,000
Max list price:
$8,988,000
Avg days on market:
38
Min days on market:
1
Max days on market:
616
Avg price per sq.ft.:
$1,141.6
These statistics are generated based on the current listing's property type and located in Downtown VW. Average values are derived using median calculations.
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Nicholas Meyer
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Introducing Gastown

gastown2Gastown is the oldest neighbourhood in downtown Vancouver.

The original fledgling city was centred around what is now Gassy Jack Square but burnt down in the Great Fire of 1886.  The Alhambra on Carrall Street is now the oldest building in Vancouver.  The area is host to a wide variety of different stratas of society.  For many years the area fell into decay and became a ghetto for the homeless and many addicts of various substances.  However, with its proximity to the downtown core and its interesting heritage architecture it became a place of choice for many of the City’s artistic community and slowly a renaissance began.  Many of the original residents are still living here but in much improved housing thanks to the City.

Most if not all of the seriously bad old rooming houses have been renovated, The Pennsylvania, Ranier and Alhambra Hotels on  Carrall Street are probably the most recent renovations and look wonderful.  Hopefully, with more funding more of these old buildings can be restored. The area is gradually being gentrified but with sensitivity.

Several pioneers have led the way for the alternative self owned housing that is now flourishing in the neighbourhood.  The first self owned building was Mission House at 150 Alexander, this 1911 structure was refitted in the mid ’80’s and soon several other developers  at 27 Alexander (The Alexis), 41 Alexander (The Captain French) and 55 Alexander  gradually started to build and renovate.

Some of the other notable loft buildings in the area are 28 Powell, its neighbour The Globe, and Abbott Place at 233 Abbott.   Then about 14 years ago, Brad Holme, an old high school (Magee) friend of Nicholas Meyer, President of Downtown Suites, started to build some loft buildings on Cordova Street, The Van Horne (171 lofts) and Carrall Station (71 lofts).  Nicholas also has been part of the process serving on the City’s Carrall Street Greenway Steering Committee, the Gastown Historic Committee and several strata councils.

Currently,  there has been restoration of some wonderful architecture on Water Street, namely The Taylor Building across from the Steam clock at 310 Water, The Terminus, The Garage and The Bowman Block and Paris and the Paris Annex close by.

What were once run down old buildings are now very chic and home to fine restaurants, unique pubs i.e. The Irish Heather, boutiques and city residences; some of which are costing well in excess of a million dollars.  Possibly, the most notable contribution is the recent transformation of Woodward’s, an old department store bounded by Hastings, Cordova, Abbott and Cambie Streets.  The new version, still has the old original store but there are two towers (42 and 30 stories respectively) which will probably be the catalyst to transform the area forever. It now houses Simon Fraser University (SFU) School for the Contemporary Arts as well as banks and shopping.  Also close by with several campuses is the world renowned Vancouver Film School (VFS).

 

 

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Two words best describe Nic, Consummate Professional. Nic get’s the job done, quickly, quietly and most effectively and that is all you can ask. Without knowing me, he set up several introductions with major property developers in Lower Mainland and helped me provide my investors several viable options to expand their portfolios.
I’ve known and worked with Nicholas for the past 20 years. When it comes to rental suites, nobody knows the market better than him. You will always be satisfied utilizing not only his services but his knowledge is incredible.




I have worked with Nic and His staff since 2005 and found him and his staff to be the BEST Property managers in Vancouver… My downtown clients swear by him as well…. Reliable, Dependable 1st Class

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Leadership qualities that set an example for others to aspire to. Building a lasting foundation of integrity in the marketplace. Nicholas, is a model for anyone to follow. Balancing a healthy lifestyle, with a successful business model in 2015.
All dealings with Nicholas have been businesslike and have reached a successful conclusion. Throughout our dealings he was honourable and ethical, making our relationship positively conclusive.I have known Nicholas for approximately 15 years.