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$479,000

403 1169 NELSON STREET

Vancouver · MLS® R3163136

1 bed · 1 bath · 586 sq ft · 1 parking

Condo · Single Family · built 1983 · 30 days on market

Listed by Soriah Kanji, Stilhavn Real Estate Services

Realtor's description

Welcome to this 1-bed gem in the heart of the West End! This picturesque top-floor home features a gorgeously renovated kitchen, a tastefully updated bathroom, luxury vinyl plank flooring, and a wood-burning fireplace leading onto a private south-facing patio surrounded by greenery. Unbelievable value for a FREEHOLD Strata, a well-maintained building with a strong CRF, heat & hot water included in the Strata fees, and is pet-friendly. Tucked along a beautiful tree-lined street, yet just steps to Coal Harbour, the Seawall, farmers market & dog park, with endless shops, restaurants & transit nearby. A really charming apartment offering privacy, character & an incredible West End lifestyle in a location that simply can´t be beat! Open House Sat, October 3, 1-2:30 pm.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 586 sq ft
Parking: 1
Year built: 1983
Property tax: $1,627 / yr
Strata fee: $532 / mo ($0.91 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 30
MLS®: R3163136

Buying in a building from 1982 to 2000: what to read first

Features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Refrigerator
Dishwasher

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-20%)

2026 assessment: $483,700 · asking is -1.0%
Price per sq ft: $817 vs $1,020 median for condos in Vancouver for sale (2039)

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.

Property insights

On market 30 days · no price changes so far

The market here

Listed now: 38 days; median for 2210 condos for sale; this one 30 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$483,700	$1,627

The listing shows $1,627 a year in property tax.

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$2,755/mo

Mortgage $2,087 · Tax $136 · Strata $532

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

estimated payment

$2,087/ monthly

loan $383,200

25-year amortization

down payment20% · $95,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $242,887
property transfer tax: $7,580; BC general rate
cash to close: $103,380; down + PTT
total paid: $626,087

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.

If you rented it out

Rent: $1,890/mo
After all costs: −$1,051/mo
Cap rate: 2.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,087 · tax $136 · strata $532 · 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

Location

The building's lot: 1,204 m² (12,960 sq ft) · PID 006-424-210. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

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Schools

Catchment schools, Vancouver School Board

Elementary Roberts Elementaryhomes in this catchment
700 m away · 1100 Bidwell St, Vancouver · 604-713-5055
Secondary King George Secondaryhomes in this catchment
900 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.

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