406 Union St, Vancouver BC - Other for Sale - MLS# R3082701

$2,359,000
Est. Mortgage $10,436/mo
14 Beds
7 Baths
4575 sqft
516 $ /sqft
1910 built
9.1% price reduction
$2,359,000
$2,595,000
Est. $10,436/mo with 20% down
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

Photos

Property Details for 406 Union Street

9.1% price reduction

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. Show Wed May 27 @4:00pm & Fri May 29 @1:00pm Call

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full, Partially Finished
Heating Type Forced Air, Natural Gas
# of Kitchens 5
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
Roof Torch-On
Structures Multi Family

Building Details

Price $2,359,000
Total Bedrooms 14
Total Bathrooms 7
Full Bathrooms 7
Half Bathrooms 0
Floor Area Total (sqft) 4575
Year Built 1910
Age Of Building 116
Building Type Other
Property Type Residential Income
Stories 3
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type None
Total Parking Spaces 0

Lot & Land

Lot Size 1525
Lot Size Depth Feet
Lot Size Frontage 50
MLS® # R3082701
Area Vancouver East
Neighbourhood Strathcona
City Vancouver
Postal Code V6A 2B6
Gross Taxes $8,399.01
Zoning RT-3

Property Timeline

Status Date Price
R3082701 / Active 01-19-2026 $2,359,000
Rooms
Floor Type Dimensions
Main Level Living Room 10' x 10' ft
Main Level Kitchen 6' x 6' ft
Main Level Bedroom 13' x 13' ft
Main Level Living Room 12' x 12' ft
Main Level Kitchen 8' x 8' ft
Main Level Bedroom 10' x 10' ft
Main Level Loft 10' x 10' ft
Main Level Living Room 13'6 x 13'6 ft
Main Level Kitchen 7' x 7' ft
Above Level Kitchen 14'6 x 14'6 ft
Above Level Bedroom 10'6 x 10'6 ft
Above Level Bedroom 8' x 8' ft
Above Level Bedroom 10' x 10' ft
Above Level Den 8' x 8' ft
Above Level Bedroom 10'6 x 10'6 ft
Above Level Bedroom 7' x 7' ft
Above Level Bedroom 7' x 7' ft
Abv Main 2 Kitchen 14'6 x 14'6 ft
Abv Main 2 Study 10' x 10' ft
Abv Main 2 Bedroom 17' x 17' ft
Abv Main 2 Bedroom 11' x 11' ft
Abv Main 2 Bedroom 8' x 8' ft
Abv Main 2 Bedroom 16' x 16' ft
Abv Main 2 Bedroom 7' x 7' ft
Abv Main 2 Bedroom 11' x 11' ft
Below Laundry 12' x 12' ft
Below Storage 43' x 43' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level No #4
Main Level No #3
Above Level No #3
Above Level No #3

Listed by: RE/MAX Real Estate Services

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.

Map & Neighbourhood

Public Schools

Secondary
Britannia Community Secondary School
1.8 km
Elementary
Lord Strathcona Community Elementary School
1.52 km

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

Private Schools

Elementary
St. Francis Xavier
Above Average
1.21 km
9.8/10
Secondary
Columbia College
0.66 km

Closest Transit

Bus Stop
Eastbound Prior St @ Dunlevy Ave
0.1 km
Skytrain
Skytrain @ Main Street Stn
0.61 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average
20.6%
No Certificate/Degree
Above Average
32.9%
Owner Occupied
Average
69.8%
Employment Rate
Below Average
52.6%

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 406 Union Street

BC Assessment Value — 406 Union Street

2026 assessed value, sourced from City of Vancouver open data (PID 011-151-811).
Total Assessed Value (2026)
$2,023,021
+4.0% YoY
+3.2%/yr over 4 yr
2022 Value Trend 2026
Land
$1,886,021
Buildings
$137,000
Year Built
1910
Class
Residential
Zoning
RT-3
Property Tax
$8,230
Year Land Improvements Total Assessed YOY Change
2026 $1,886,021 $137,000 $2,023,021
+4.0%
2025 $1,816,282 $129,000 $1,945,282
+9.3%
2024 $1,648,000 $131,000 $1,779,000
-0.2%
2023 $1,657,000 $126,000 $1,783,000
+0.0%
2022 $1,665,000 $118,000 $1,783,000

Mortgage Calculator for 406 Union Street

/month
Principal & Interest
Property Taxes $700
Maintenance fee 0
A 20% down payment of $471,800 on this $2,359,000 listing yields an estimated mortgage of $9,010/month (30-year fixed, 4%). Total estimated housing cost: $9,710/month, $700 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing has an estimated rental yield of $10,697/month, resulting in a +$775/month cashflow after mortgage and carrying costs — a strong investor profile.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Strathcona, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $2,359,000
Vancouver Loading...
Strathcona Loading...

No active comparable properties are currently available for this property type in Vancouver. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (9.1% price reduction) based on its competitive pricing and market demand.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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