406 UNION ST, Vancouver BC V6A 2B6, Vancouver, BC

$2,599,000
Est. Mortgage /mo

MLS® R2984601

$2,599,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
14 Beds
7 Baths
3 Stories
lot 1525 sqft
4575 sqft
1910 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

The HIP-O Cool 3 Storey, 15 Unit Historic Bldg, Trendy Strathcona, Blk to new St Paul Hospital, mins D/T, Chinatown, 4500 SF Bldg+1500 SF Bsmt completely reno'd 2016-2019 sprinklers, plumbing, elec, flrs, kitchs, roof, baths. Contains 3 Grd Flr S/C Suites; 2nd & 3rd Flrs each w 6 furnished single rooms w sink, each Flr has modern big kitchen, 2 baths. 1500 SF Bsmt w Coin laund, Util/mech, bike storage, lockers. 2 of 12 single rooms are COV SRA rent restricted, rest incl 3 S/C Suites are unrestricted market rentals. Gr Inc $17,916/mo, $214,992/yr; NOI $130,157/yr, Cap Rate 5%. Prof managed & maintained good Tenants. Great hands off investment, or n-p housing. Seller consider VTB 2nd Mtg to Qualified Buyer. Call LS Info Pkg Show w 2 day notice. Show Tues May 6 @ 11:00am gone by noon by Appt.

General Info

Price $2,599,000
Total Bedrooms 14
Total Bathrooms 7
Half Bathrooms 0
Floor Area Total (sqft) 4575
Lot Size 1525
Lot Size Depth Feet
Lot Size Frontage 30.5
Basement Full, Partially Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1910
Age Of Building 115
Building Type Other
Property Type Residential Income
Stories 3
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS # R2984601
Area Vancouver East
Neighbourhood Strathcona
City Vancouver
Gross Taxes $7,731.4
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type None
Total Parking Spaces 0

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Strata Restrictions -
Rental Restrictions -
Zoning RT-3
Rental Suites -
# of Kitchens 5
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Torch-On

Property History

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Status Date Price
Active - $2,599,000
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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.

Neighborhood Info

Public Schools

Secondary
Britannia Community Secondary School
1.8 km
No Rating
Elementary
Lord Strathcona Community Elementary School
1.52 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
St. Francis Xavier
1.21 km
Rating 9.8/10
Secondary
Columbia College
0.66 km
No Rating

Closest Transit

Translink
Eastbound Prior St @ Dunlevy Ave
0.09 km

406 UNION STREET, Vancouver BC V6A 2B6 is serviced by Lord Strathcona Community Elementary School. The property with listing MLS® R2984601 is located 1.52 km from the school. Lord Strathcona Community Elementary School has a rating of No Rating.

This home with address 406 UNION STREET, Vancouver BC V6A 2B6, Vancouver, BC is also serviced by Britannia Community Secondary School and located 1.8 km from it. Britannia Community Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 406 UNION STREET, Vancouver BC V6A 2B6 is St. Francis Xavier with School's rating Rating 9.8/10, located 1.21 km from this home.

The closest to this address 406 UNION STREET, Vancouver BC V6A 2B6 Secondary independent school is Columbia College with School's rating No Rating, located 0.66 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 406 UNION STREET, Vancouver BC V6A 2B6, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2984601 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 406 UNION STREET, Vancouver BC V6A 2B6 are Above Average. Property misconduct rating adjacent to MLS® R2984601 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Eastbound Prior St @ Dunlevy Ave in 0.09 km away from this listing with - MLS® R2984601.

20.6% of people with university certificate/degree live in this neighbourhood adjacent to the 406 UNION STREET, Vancouver BC V6A 2B6 which is Average in comparison with other BC neighbourhoods. 32.9% of population in this neighbourhood that is near the Listing MLS® R2984601 have no certificate or degree. This number is High compared to the average in BC.

Median Household Income near this dwelling with the address 406 UNION STREET, Vancouver BC V6A 2B6, Vancouver, BC is $24299 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2984601 is $17496 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 69.8% which is High.

Unemployment rate in the area around Real Estate Listing # R2984601 is 7.2 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 406 UNION STREET, Vancouver BC V6A 2B6 Strathcona where population change between 2011 and 2016 was -3.3%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 406 UNION STREET, Vancouver BC V6A 2B6, Vancouver, BC is 13342 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 406 UNION STREET, Vancouver BC V6A 2B6 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2984601 is 52.6% and it is Below Average. % of Married or living common law is around 34.8% and it is Low.

Average age of the population close to the 406 UNION STREET, Vancouver BC V6A 2B6 is 48.1 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 406 UNION STREET, Vancouver BC V6A 2B6, Vancouver, BC is $583725 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 406 UNION STREET, Vancouver BC V6A 2B6. $1599 owners spent in average for the dwelling. Tenants are paying $741 in this district close to MLS® R2984601 and it is Low comparing to other cities.

85.5% of Population in this district near the 406 UNION STREET, Vancouver BC V6A 2B6 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 406 UNION STREET, Vancouver BC V6A 2B6, Vancouver, BC is 8.9%, it is Average, % of English speakers only is 66.6% and Low. % of French speakers adjacent to 406 UNION STREET, Vancouver BC V6A 2B6 only is 0.3% and it is Average. % of Neither English nor French speakers close to home for sale 406 UNION STREET, Vancouver BC V6A 2B6, Vancouver, BC is 24.3% and it is High comparing to other BC cities.

29.9% of all population in the area around this property with the address 406 UNION STREET, Vancouver BC V6A 2B6, Vancouver, BC using Public Transport which is High, 24.7% of using population are using Cars around MLS® R2984601, which is Low. 12.4% of people using Bicycles around the 406 UNION STREET, Vancouver BC V6A 2B6 and it is High. 32% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,599,000
Vancouver No comparables
Strathcona No comparables
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
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