221 UNION ST #516 new

Vancouver,BC V6A0B4

$ 599900

1 Bed

1 Bath

702 SqFt


Key Details

Property Type Single Family Home

Sub Type Strata

Listing Status Active

Purchase Type For Sale

Square Footage 702 sqft

Price per Sqft $854

MLS Listing ID R3058156

Bedrooms 1

Condo Fees $405/mo

Year Built 2010

Property Sub-Type Strata

Source Greater Vancouver REALTORS®

Property 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:24570)

Location

Province BC

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters,

Exterior

Parking Features No

Community Features Pets Allowed With Restrictions,Rentals Allowed With Restrictions

View Y/N Yes

View View

Total Parking Spaces 1

Private Pool No

Others

Ownership Strata

Virtual Tour https://www.516-221union.com/

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