406 UNION STREET - Main photo, Vancouver, British Columbia

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$2,359,000

406 UNION STREET — Vancouver, British Columbia

V6A2B6

RE/MAX Real Estate Services

6,100Sq Ft

1910Built

1,525Lot Sq Ft

About This Property

The HIP-O Cool Strathcona 3 Storey Plus Basement 15 Unit Historic workforce/co-living Bldg near Chinatown, new St Paul Hospital, mins to D/T. The 4500 SF Bldg + 1500 SF unfin Bsmt was reno'd in 2016-2019 w new sprinklers, plumbing, elec, flrs, kitchs, roof, baths. Ground Flr has 3 S/C Suites; 2nd & 3rd Flrs Each contain 6 (total 12) furnished single rooms w sink vanity & bed, Each Flr has modern kitchen, 2 baths, common area. Bsmt has laund, bike storage, rental lockers & Utility area. Gr Income $17,916/mo, $214,992/yr; NOI $130,157/yr, Cap Rate 5.5%. Prof managed, maintained w good Tenants. Great hands off investment, perfect for immigration/student housing, non-profit housing groups. New St. Paul's campus could attract medical community Users! Seller will consider VTB 2nd mortgage to Qualified Buyer, Showing w 2 Day Notice. Call LS viewing, info pkg. Showing Fri May 8 @ 11:00am by Appt. Call to Attend. (id:63357)

Property Location

Map

Property Details

Property Type: Multi-Unit
Living Area: 6,100 sqft
Year Built: 1910
Status: Active

Location & Neighborhood

What's nearby 406 UNION STREET

Nearby Schools

Strathcona Montessori
elementary
0.2 km
Lord Strathcona Elementary School
public
0.4 km

Parks & Recreation

Trillium Park
park
0.3 km
Unnamed
park
0.4 km
Thornton Park
park
0.5 km

Transit Access

Prior St (EB) at Dunlevy Ave
Bus Stop
92m
Prior St (WB) at Malkin Ave
Bus Stop
0.1 km
Gore Ave (SB) at Union St
Bus Stop
0.1 km
Gore Ave (NB) at East Georgia St
Bus Stop
0.2 km
Gore Ave (SB) at Keefer St
Bus Stop
0.2 km

Local Amenities

Dining

Hunnybee Bruncheonette0.1 km
Blnd Tger Dumplings0.2 km

Coffee & Cafes

Finch's Market0.2 km
Tasty Market and Cafe0.2 km

POI data updated recently

Price History

$2,359,000

May 17, 2026

↓ $236,000

-9.1%

Vancouver Market Snapshot

4,669

Active Listings

$1.3M

Median Price

—

Avg Days on Market

Last updated: May 7, 2026

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$2,359,000