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$499,900

108 1535 NELSON STREET

Vancouver · MLS® R3143529

1 bed · 1 bath · 670 sq ft · 1 parking

Condo · Single Family · built 1974 · 92 days on market

Listed by Michael Ree, RE/MAX City Realty

Opportunity knocks in the heart of the vibrant West End! 1 Bedroom + 1 Bathroom 670 Sq Ft | Private Patio | offers incredible potential for buyers ready to create their own custom urban retreat, New tubliner, and carpet. Featuring distinctive wood post-and-beam construction, this home offers warmth, character, and architectural charm rarely found in today´s condo market. The functional layout includes a spacious living and dining area, generously sized bedroom, and large windows that bring in natural light. Step outside to your private patio - a rare urban feature - perfect for morning coffee, container gardening, or unwinding after a long day. Located in the highly sought-after West End.2 pets total; 1 Dogs under 35lbs, or 2 cat. 1 Parking

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 670 sq ft
Parking: 1
Year built: 1974
Property tax: $1,820 / yr
Strata fee: $361 / mo ($0.54 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 92
MLS®: R3143529

Below typical for the area (-27%)

Price per sq ft: $746 vs $1,020 median for condos in Vancouver for sale (2065)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Wheelchair access
Pets Allowed With Restrictions
Refrigerator
Dishwasher
Stove

On market 92 days

Listed now: 41 days; median for 2065 condos for sale; this one 92 days

Condos in Vancouver. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary Roberts Elementaryhomes in this catchment
300 m away · 1100 Bidwell St, Vancouver · 604-713-5055
Secondary King George Secondaryhomes in this catchment
400 m away · 1755 Barclay St, Vancouver · 604-713-8999

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

$2,691/mo

Mortgage $2,178 · Tax $152 · Strata $361

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,178/ monthly

loan $399,920

25-year amortization

down payment20% · $99,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $253,485
property transfer tax: $7,998; BC general rate
cash to close: $107,978; down + PTT
total paid: $653,405

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $1,890/mo
After all costs: −$987/mo
Cap rate: 2.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,178 · tax $152 · strata $361 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in West End, Vancouver (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Vancouver also charges an empty homes tax. vancouver.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

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