For Sale · Vancouver · Single Family

$2,359,000

406 UNION STREET, Vancouver

Beds

Baths

6,100

Sq Ft

1910

Built

About This Home

The details.

The HIP-O Cool Strathcona 3 Storey & Bsmt 15 Unit Historic workforce/co-living Bldg near new St Paul Hospital, mins to D/T. 4500 SF Bldg + 1500 SF unfin Bsmt reno'd 2016-2019 w sprinklers, plumb, elec, flrs, kitchs, roof, baths. Grd Flr has 3 S/C Suites; 2nd & 3rd Flrs Each w 6 furnished single rooms w sink vanity & bed, Each Flr modern kitch, 2 baths, common area. Bsmt laund, bike storage, rental lockers & Utility. Gr Inc $17,916/mo, $214,992/yr; NOI $130,157/yr, Cap Rate 5.5%! Prof mngd good Tenants. Great hands off investment, perfect immigration/student housing, non-profit groups. New St. Paul´s campus good for medical community Users! Seller consider VTB 2nd mortgage to Qualified Buyer, Show w 2 Day Notice. Call LS viewing, info pkg. (id:66635)

Summarizing the highlights...

MLS® R3082701Listing courtesy of RE/MAX Real Estate ServicesView on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1910
Size: 6,100 sqft
Lot size: 1,525 square feet
MLS number: R3082701
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$11,032

$1,887,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$11,032

Cash flow

-$11,032

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Vancouver right now

1,572

Active listings

1,678

New this week

$925,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Vancouver.

Household and demographic stats for Vancouver, from the Statistics Canada 2021 Census.

662,248
Population (2021): 39.6
Median age: 305,335
Households: 2.1
Avg household size: 45.5%
Home ownership: $82,000
Median household income

Vancouver neighbourhood guide Full census profile Vancouver market trends

Source: Statistics Canada 2021 Census, Vancouver, City (CY).

Public Records

What the city has on file.

Independent reference data for this property from the City of Vancouver assessment roll (2026 assessment).

1910
Year built (city records): $1,886,021
Assessed land value: $137,000
Assessed improvements: $2,023,021
Total assessed value: RT-3
Zoning district: Freehold land
Ownership class

Assessed values are the municipal tax assessment, not a market appraisal. Contains information licensed under the Open Government Licence, City of Vancouver.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.