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Building & Condo Information

Electra

989 Nelson St.

Vancouver, BC V6Z 2S1

Official Website: theelectra.ca/
  • Levels21
  • Suites242
  • StatusCompleted
  • Built1995
  • Title to LandFreehold Strata
  • Strata PlanLMS1866
  • ConstructionConcrete
  • AreaVancouver West
  • NeighbourhoodDowntown
$541,472Avg Asking
5Sold (1yr)
$754,100Avg Sold
$896Avg $/Sqft

Overview

Electra - 989 Nelson Street, Vancouver, BC V6Z 2S1, Strata Plan No. LMS1866, 21 Levels, 242 Units, Built 1995. Located at the corner of Burrard and Nelson in Vancouver's downtown core, Electra is a solid heritage class building built in 1957 (formerly the BC Hydro headquarters) converted into strata units in 1995. Designed by award-winning Paul Merrick Architects, the building has been completely redesigned from inside out to create the unique residential conversion. Its memorable elongated diamond shape is a classic example of modernist architecture that has formed an integral part of the Vancouver urban profile for over 35 years.

Rising majestically 21 storeys, residents of Electra will enjoy a private drive off the street, a covered colonnade into the building and an unusually spacious grand entrance. As well, expansive elevator lobbies provide an elegant sense of arrival at
each floor. The building is one of just a few residential towers in Vancouver to offer air conditioning and three high-speed elevators designed for commercial use. The Electra's shallow distance from core to exterior wall creates suite layouts that
offer much wider panoramic views and - more window-space per square foot of suite area compared to conventional "deep-core" residences. Exceptional privacy is created by the placement of entry doors on only one side of the corridor with storage and laundry facilities conveniently located across from the suites. As a result of the new exterior glazing, suites will feature expanded window's enhancing magnificent views in all directions.

Residents of 989 Nelson also enjoy access to The Electra's Fitness Club, a private clubhouse featuring dry saunas, showers, and lockers, a billiards lounge, theater room, table tennis room, party room with full kitchen, outside patio with BBQ area.

The Electra's central location puts residents within walking distance of everything Vancouver's unique " downtown lifestyle has to offer. It's an easy stroll to work in the financial district after a morning run along the seawall. Or just a few steps to
the international boutiques along Robson and Burrard on the way home. For an impromptu dinner with friends, catch the aquabus to Granville Island for fresh food shopping at the public market. Select from fine restaurants along the downtown waterfronts or enjoy the many " casual cafes, coffee bars and pasta spots nearby on Robson. From the Electra, shopping at Pacific Centre a show at the Art Gallery, an evening of live theatre or miles of waterfront walkways and forest trails are all so close, you'll be wishing that you could have made this move sooner.

Les Twarog
Les Twarog & Team
RE/MAX Crest Realty · Your Electra specialist
Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

For Sale in Electra & Complex

DateAddressStatusBedBathPriceSqftDOMStrata FeeTaxListed By
2026-06-30 1607 989 Nelson St. Active 1 1 $599,000 ($972/sf) 616 $648 $1893 (2025) Oakwyn Realty Ltd.
2026-05-19 614 989 Nelson St. Active 1 1 $578,888 ($943/sf) 614 $627 $1812 (2025) RE/MAX Heights Realty
2026-07-22 1110 989 Nelson St. Active 1 1 $499,999 ($1,004/sf) 498 $522 $1562 (2025) Dexter Realty
2026-08-25 902 989 Nelson St. Active 1 1 $488,000 ($986/sf) 495 $492 $1648 (2026) Heller Murch Realty
Avg$541,472556

Electra Sold History (last 24 months)

Sold DateAddressBedBathSqftAskingSold PriceDOMStrata FeeTaxListed By
2026-07-15 2106 989 Nelson St. 3 2 1804 $1,570,000 $1,400,000 ($776/sf) $1905 $4715 (2025) Royal LePage Westside Klein Group
2026-05-12 1512 989 Nelson St. 1 1 505 $518,000 $508,000 ($1,006/sf) $523 $1590 (2025) eXp Realty
2026-04-16 607 989 Nelson St. 2 2 808 $688,000 $650,000 ($804/sf) $853 $2314 (2025) RE/MAX Real Estate Services
2026-03-03 1401 989 Nelson St. 2 2 808 $730,000 $700,000 ($866/sf) $853 $2414 (2025) Royal Pacific Riverside Realty Ltd.
2025-09-08 1003 989 Nelson St. 1 1 498 $525,000 $512,500 ($1,029/sf) $522 $1543 (2024) Engel & Volkers Vancouver
2025-08-24 1213 989 Nelson St. 1 1 505 $499,000 $503,000 ($996/sf) $506 $1561 (2024) Nu Stream Realty Inc.
2025-07-16 813 989 Nelson St. 1 1 528 $525,000 $505,000 ($956/sf) $506 $1532 (2024) Team 3000 Realty Ltd.
2025-07-15 1203 989 Nelson St. 1 1 494 $527,000 $518,000 ($1,049/sf) $522 $1558 (2024) Oakwyn Realty Ltd.
2025-07-14 1901 989 Nelson St. 2 2 820 $818,800 $780,000 ($951/sf) $853 $2573 (2024) RE/MAX Crest Realty
2025-06-23 603 989 Nelson St. 1 1 511 $539,000 $511,000 ($1,000/sf) $505 $1514 (2024) Stilhavn Real Estate Services
2025-05-17 1307 989 Nelson St. 1 1 628 $599,000 $602,000 ($959/sf) $627 $1852 (2024) TRG The Residential Group Realty
2025-04-27 714 989 Nelson St. 1 1 613 $635,000 $600,000 ($979/sf) $627 $1796 (2024) Century 21 AAA Realty Inc.
2025-02-23 307 989 Nelson St. 2 2 808 $815,000 $795,000 ($984/sf) $826 $2262 (2024) Jovi Realty Inc.
2025-01-21 1105 989 Nelson St. 1 329 $442,200 $405,600 ($1,233/sf) $337 $1137 (2024)

Sold data from the MLS® feed for strata plan LMS1866. Showing the last 24 months by default; expand for up to 80 recent sales.

Electra Market Summary

Electra at 989 Nelson St. — currently 4 active listings averaging $541,472. In the past year 5 units sold at an average of $754,100.

Active Listings4
Avg Asking Price$541,472
Sold (1 Year)5
Avg Sold Price$754,100
Avg $/Sqft$896

Value & Financing

Price Positioning
$976 /sq ft
Active listings here average $976/sf vs $1181/sf across Downtown.
17% below area average
Mortgage Snapshot
$2,337 /mo
Entry price (from)$488,000
20% down payment$97,600
Rate / amortization5.24% · 25 yr
Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Market Reports

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📊 Vancouver Condo Market Reports
Market data by RealtySuite

Property Documents

Location, Street View & Aerial

Street View⤢ Expand

Site & Location Maps

Electra location map 1 Open Full View BCCondos & Homes© BC Condos & Homes
Electra location map 2 Open Full View PDF BCCondos & Homes© BC Condos & Homes

Amenities / Features

Air Cond./central
Bike Room
Exercise Centre
Guest Suite
Shared Laundry
Storage
  • Media Rm, Billiards, Clubhouse, Library with fireplace & Patio on lobby level,
  • Gym & Ping Pong table-Lower Main via elevator,
  • Managers Office- Upper Main via stairs.
  • W/D room on every level, 
  • 6 hi speed elevators 
  • Central AC in building

Maintenance Fees Include

Caretaker
Garbage Pickup
Gardening
Hot Water
Management
Recreation Facility

Location / Site Influences

Central Location
Recreation Nearby
Shopping Nearby

Construction & Development

ConstructionConcrete
Exterior FinishConcrete
RoofOther
FoundationConcrete Perimeter
Rain ScreenNo
DeveloperPrime Tower Ltd.
ArchitectPaul Merrick Architects Ltd
MarketerCliff Bowman & Associates
Management CompanyUrban Properties Ltd.

Strata Information

Strata PlanLMS1866
Strata Web Sitetheelectra.ca/
Building TypeAirBNB Compliant Building,Strata
Title to LandFreehold Strata
Units in Strata242
Units in Development242
Management CompanyUrban Properties Ltd. — 604-681-4177
PID100000000
Bylaws / RestrictionsPETS NOT ALLOWED,RENTALS ALLOWED
Contingency Reserve Fund$$259,089.84 (2022)
Parking / StorageNone

Building Contact Info

Caretaker 604-488-0048
manager@theelectra.ca

Frequently Asked Questions — Electra

What year was Electra built?
Electra was built in 1995.
How many units are in Electra?
Electra has 242 strata units across 21 levels.
What amenities does Electra offer?
AIR COND./CENTRAL, BIKE ROOM, EXERCISE CENTRE, GUEST SUITE, SHARED LAUNDRY, STORAGE.
Is Electra pet-friendly, and what are the bylaws?
Electra bylaws/restrictions: PETS NOT ALLOWED,RENTALS ALLOWED.
Who is the property manager for Electra?
Electra is managed by Urban Properties Ltd., 604-681-4177.
What is the strata plan number for Electra?
The strata plan number for Electra is LMS1866.
Is Electra freehold or leasehold?
Electra is FREEHOLD STRATA.
Where is Electra located?
Electra is located at 989 Nelson St. in Vancouver West, Vancouver.
How is the real estate market at Electra?
In the past year 5 units sold at Electra, averaging $754,100; there are currently 4 active listings for sale.

Sales Information

Sales Websitetheelectra.ca/

Listings for Sale Near Electra 🔎 MLS® Search »

Active listings nearby80
Average price$1,265,201
From$450,000
Up to$7,698,900
Summary — 50 nearest listings
AddressBedBathSqftPrice
3204 938 Nelson St. 221183 $1,469,000
4303 938 Nelson St. 221557 $1,519,000
3704 938 Nelson St. 221530 $1,689,000
1110 989 Nelson St. 11498 $499,999
1607 989 Nelson St. 11616 $599,000
3603 938 Nelson St. 574674 $6,990,000
902 989 Nelson St. 11495 $488,000
614 989 Nelson St. 11614 $578,888
1509 1068 Hornby St. 22745 $699,800
2205 938 Smithe St. 11707 $725,000
Photos
3204 938 NELSON STREET $1,469,000 3204 938 Nelson St. · 2bd/2ba · 1183sf 4303 938 NELSON STREET $1,519,000 4303 938 Nelson St. · 2bd/2ba · 1557sf 3704 938 NELSON STREET $1,689,000 3704 938 Nelson St. · 2bd/2ba · 1530sf 1110 989 NELSON STREET $499,999 1110 989 Nelson St. · 1bd/1ba · 498sf 1607 989 NELSON STREET $599,000 1607 989 Nelson St. · 1bd/1ba · 616sf 3603 938 NELSON STREET $6,990,000 3603 938 Nelson St. · 5bd/7ba · 4674sf 902 989 NELSON STREET $488,000 902 989 Nelson St. · 1bd/1ba · 495sf 614 989 NELSON STREET $578,888 614 989 Nelson St. · 1bd/1ba · 614sf 1509 1068 HORNBY STREET $699,800 1509 1068 Hornby St. · 2bd/2ba · 745sf 2205 938 SMITHE STREET $725,000 2205 938 Smithe St. · 1bd/1ba · 707sf

Electra Area Map 🔍 Open larger map ↗