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$899,000

706 1033 NELSON STREET

Vancouver · MLS® R3165960

1 bed · 1 bath · 683 sq ft · 1 parking

Condo · Single Family · built 2025 · 22 days on market

Listed by Ayaka Aoki, RE/MAX City Realty

Realtor's description

Exceptional 1 Bedroom + Den at 'The Butterfly', an Architectural Masterpiece by Bing Thom Architects. Spanning 680+ sqft., this beautiful unit offers Abundant Natural Light and Stunning, Unobstructed Views, including a peaceful vista of the 50m Lap Pool. Featuring Premium Miele Appliances, Italian Cabinetry, and a fully Automated Home System, this home blends luxury with modern convenience. The building boasts world-class amenities, including a fitness center, yoga room, hot tub, sauna, and exclusive access to BMW car and bike share services. With the best price in the building, this home offers unmatched elegance, privacy, and an ideal location in Vancouver´s West End. Move in and make this dream home yours today! One Parking & One Locker. Call today!

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 683 sq ft
Parking: 1
Year built: 2025
Property tax: $4,166 / yr
Strata fee: $583 / mo ($0.85 / sq ft)
Strata rules: Pets Allowed
Days on market: 22
MLS®: R3165960

Features

Central location
Pets Allowed
All

Price check

Above typical for the area (+29%)

2026 assessment: $1,028,000 · asking is -13%
Price per sq ft: $1,316 vs $1,019 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.

Property insights

On market 22 days

The market here

Listed now: 41 days; median for 2065 condos for sale; this one 22 days

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

Monthly cost

$4,847/mo

Mortgage $3,917 · Tax $347 · Strata $583

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

estimated payment

$3,917/ monthly

loan $719,200

25-year amortization

down payment20% · $179,80020%+ 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: $455,857
property transfer tax: $15,980; BC general rate
cash to close: $195,780; down + PTT
total paid: $1,175,057

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: −$3,143/mo
Cap rate: 1.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,917 · tax $347 · strata $583 · 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

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Roberts Elementaryhomes in this catchment
1000 m away · 1100 Bidwell St, Vancouver · 604-713-5055
Secondary King George Secondaryhomes in this catchment
1.1 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.

Good to know

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