Apartment for sale
516 221 Union Street, Strathcona, Vancouver
$599,900
Features
Style
1 Storey
Year Built
2010
Floor Area
702 sqft
Parking Spaces
1
Amenities
Bike Room, Elevator, Exercise Centre, In Suite Laundry, Storage, Concierge
View
South - City
Bylaws Restriction
Pets Allowed W/Rest., Rentals Allwd W/Restrctns
Property Taxes
$1,930 (2025)
Maintenance Fees
$405 per month
Additional Features
ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings
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.
MLS® Number R3058156