The subject property is improved with a beautifully maintained 15-unit residential building, comprising 3 loft-style apartments and 12 micro residential units*. This is a great opportunity for investors and owner-users alike. With several developments in the area slated for the immediate future, including the new St. Paul’s Hospital, there is expected to be strong rental demand for many years to come.
*Subject to the City of Vancouver’s Single Room Accommodation (SRA) bylaw. Please contact us for further details.
Available Space1,525 ft²
Property UseInvestment property
406 Union is nestled in the heart of the vibrant and intimate neighbourhood of Strathcona, Vancouver, BC. The area offers easy access to several major transit routes and is in close proximity to Chinatown, Gastown, Railtown and Downtown Vancouver. The area is home to several chic restaurants and cafes including Hunnybee Bruncheonette, Harvest, Phnom Penh, Kissa Tanto, Kevin & Kevin and many others. Furthermore, the subject property is situated steps away from the future $1.9 billion St. Paul’s Hospital development, which will be a powerful economic driver, bringing in thousands of new residents and workers to the area and the surrounding neighbourhoods.
Lot Size1,525 ft²