516 221 Union St, Vancouver, BC, MLS® R3064897

$579,000
Est. Mortgage /mo

$579,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 405.89 Maint. Fee
702 sqft
2010 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

516 221 Union St, Vancouver, BC | MLS® R3064897 Property Details

Coveted SOUTH-facing modern loft style 1-bed in V6A with bright, private open views! Ideal home or investment in a solid 2009 Onni-built concrete building with gym, concierge, parking & storage. Expansive windows span the width plus a sunny covered balcony—private, light-filled, and stylish. Features modern appliances, concrete floors, kitchen island, great storage, insuite laundry, and overheight ceilings. Vibrant location where Strathcona meets Mt Pleasant & False Creek—cafes, fitness studios, eateries, Seawall, SkyTrain & downtown are all just steps away. New St Paul’s nearby ensures strong rental demand & future upside. Great investment or great lifestyle! Exceptional value. EASY TO SHOW! Details see 516-221Union.com

General Info

Price $579,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 702
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2010
Age Of Building 15
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Exercise Centre, Concierge, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3064897
Area Vancouver East
Neighbourhood Strathcona
City Vancouver
Gross Taxes $1,930.21
Ownership Type Freehold Strata
Maintenance Fee $405.89
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Concierge, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Water

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Rear Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning HA-1A
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Concrete, Tile
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description South - City
Units In Development 140
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Metal

Property History

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Status Date Price
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Listed by: Engel & Volkers Vancouver

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Britannia Community Secondary School
2.05 km
Elementary
Lord Strathcona Community Elementary School
1.29 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
The Westside School
1.06 km
Secondary
Columbia College
0.74 km

Closest Transit

Translink
Southbound Gore Ave @ Union St
0.14 km
Skytrain
Skytrain @ Main Street Stn
0.54 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 516 221 Union Street, a vibrant neighborhood in the heart of Vancouver, BC.

As we explore this charming area, you'll discover a rich community with excellent schools, a low crime rate, and a diverse range of lifestyle amenities. Let's start with the educational institutions that serve this neighborhood.

Lord Strathcona Community Elementary School

is a short 1.29 km from 516 221 Union Street, making it an excellent option for families with children. This school is highly rated, and families love its warm and inclusive environment. Nearby,

Britannia Community Secondary School

is also within a 2.05 km radius, providing a seamless transition for students as they grow and develop.

For those seeking private education,

The Westside School

, an independent elementary school, is just 1.06 km away from 516 221 Union Street. This school is known for its small class sizes and dedicated teaching staff. On the secondary level,

Columbia College

, another independent school, is conveniently located just 0.74 km from this home, offering a range of academic and extracurricular programs.

Now, let's talk about crime rates in the area. According to Statistics Canada's 2020 report, the overall crime rate near 516 221 Union Street, Vancouver, BC is 7,470.82, which is considered Average compared to other Canadian cities. This means that residents can enjoy a relatively safe and peaceful environment. The year-over-year change in the total crime rate is -14.94%, indicating a downward trend.

Breaking down the crime statistics, we see that

drug crime rates

are Average, with a rating of 229.49, and 1,604 incidents reported in 2020. The year-over-year change in the illegal substances offenses ranking is 1.58%.

Property crimes

are Above Average, with a rating of 5,020.27, and 35,089 incidents reported in 2020. The year-over-year change in the property misconduct rate is -20.80%. On the other hand,

violent crime rates

are Below Average, with a rate of 1,311.69, and 9,168 incidents reported in 2020. The year-over-year change in the violent crime rate is 3.53%.

Transit options

are plentiful in this area, with the closest bus station, Southbound Gore Ave @ Union St, located just 0.14 km away from 516 221 Union Street, MLS® R3064897. Residents can easily access public transportation, making it convenient to get around the city.

Now, let's dive into the demographics of this neighborhood. According to census data,

20.6% of people

with a university certificate/degree live in this area, which is Average compared to other BC neighborhoods. On the other hand,

32.9% of population

have no certificate or degree, which is High compared to the average in BC.

In terms of

income levels

, the median household income near 516 221 Union Street, Vancouver, BC is $24,299, which is Low compared to the British Columbia average. The median personal income is $17,496, also Low compared to the BC average. However,

69.8% of households

in this area have a mortgage, which is High.

Unemployment rates

are Average in this area, with a rate of 7.2% compared to other province neighborhoods. The population change between 2011 and 2016 was -3.3%, which is Below Average compared to average growth rates in this region.

Population density

is High in this community, with 13,342 people per square kilometer. The average size of families in the area is 2.7, which is Below Average. The percentage of families with children is 52.6%, also Below Average.

Married or living common law

couples make up 34.8% of the population, which is Low.

The

average age of the population

is 48.1, which is High compared to other BC cities. The

average value of dwellings

in this neighborhood is $583,725, which is High compared to other areas in British Columbia.

In terms of

owner and renter dynamics

, owner payments are High in this area, with an average of $1,599 spent on dwellings. Tenants, on the other hand, pay $741, which is Low compared to other cities.

85.5% of the population

in this area are renters, which is High compared to other BC cities and areas.

Language spoken

in this neighborhood is diverse, with 8.9% of the population speaking English and French, which is Average.

66.6% of the population

speaks only English, which is

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $579,000
Vancouver $640,388
Strathcona $553,867
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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