2401 89 NELSON STREET
Vancouver · MLS® R3169923
2 bed · 2 bath · 1,045 sq ft · 2 parking
Condo · Single Family · built 2019 · 9 days on market
Listed by Franco Chan, RE/MAX Westcoast
Realtor's description
THE ARC by Concord Pacific - an iconic landmark of Vancouver´s skyline! Exceptional 2 Bed + Den, 2 Bath west-facing residence featuring expansive views of the city and False Creek. This well-maintained, air-conditioned home offers a spacious open-concept living area, functional split-bedroom layout, versatile den, and thoughtfully designed second bedroom with built-in Murphy bed for added flexibility. Rare offering with TWO side-by-side parking stalls, an exclusive private storage room, plus additional bike locker. Resort-style amenities include the iconic glass-bottom pool, Sky Gym, sauna, steam room, lounge and 24-hour concierge. Prime Yaletown location steps to the Seawall, False Creek, dining, shopping, BC Place and transit. Open House Oct 10 Sat 2-4PM
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,045 sq ft
- Parking
- 2
- Year built
- 2019
- Property tax
- $4,175 / yr
- Strata fee
- $760 / mo ($0.73 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 9
- MLS®
- R3169923
Features
- Central location
- Pets Allowed With Restrictions
- All
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $3,258/mo
- After all costs
- −$4,241/mo
- Cap rate
- 1.6%
- yearly net rent ÷ price
Costs: mortgage $6,095 · tax $348 · strata $760 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Downtown, 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
Location
Schools
Catchment schools, Vancouver School Board
- Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
2.3 km 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.
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