11 hours on Market

516 - 221 UNION STREET, Vancouver, British Columbia V6A0B4

Condo
1
1
~702 sqft
$599,900
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Condo
1
1
~702 sqft

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Highlights

Property Estimate

Days on market11 hours

Estimated valueNot available

Price/Sqft$854/sqft

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Description

RARELY available, SOUTH-facing, large modern 1-bed in sought-after V6A with bright, expansive views! Perfect as a home or investment (see proforma), this solid 2009 Onni-built concrete building offers a great gym, 24hr concierge, secure parking and storage. Floor-to-ceiling windows span the unit plus a sunny covered balcony-private, light-filled, and open. Features include modern appliances, concrete floors, crisp cabinetry, ample storage, insuite laundry, spacious bath, and overheight ceilings-an effortlessly stylish, low-maintenance home. Located where Strathcona meets Mt. Pleasant and False Creek, enjoy a vibrant lifestyle with cafes, fitness studios, eateries, and the Seawall nearby. Steps to SkyTrain, downtown, and stadiums. The new St. Paul´s Hospital ensures strong rental demand, and future area developments promise great upside. Projected IRR ~10-12%, cap rate 3.6%+, with near cash flow neutrality at 20% down-outstanding long-term value on V6A´s desirable south side. See 516-221Union.com for much more. (id:39198)


Property Details

StyleApartment
ViewView
Age of property2010
SqFt~702 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberR3058156
Community NameStrathcona
Data SourceCREA
Listing byEngel & Volkers Vancouver

Features

Heating: Baseboard heaters, Electric

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Amenities

Exercise Centre, Laundry - In Suite

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Oct 14, 2025
ListedActive
$599,900
11 hours on market
history photo preview32
Listing by crea®
Property listed by Engel & Volkers Vancouver, Brokerage
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Population and Demographics

Overview

Total population 19484
Average household income $113,175

Age (%)

0 to 19
12%
20 to 34
24%
35 to 49
25%
50 to 64
21%
65 and plus
19%

Household composition (%)

Single person
57%
Single family
37%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
71%
Yue (Cantonese)
11%
Others
4%
Spanish
3%
Mandarin
3%
French
3%
Vietnamese
2%

House tenancy (%)

Renters
72%
Owners
28%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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