Downtown Eastside Multifamily Homes for Sale in Gastown, Railtown and Strathcona.

Gastown is Vancouver’s oldest neighborhood, yet its historic value is not solely planted in its lamp-lit streets and steam-powered clock. The saloon-like feel that fills the cobblestone walkways, as you explore this part of the city, is something special.

 

A bar district in its own right, this quaint community is steeped with eclectic character and urban charm, packed with rows of vintage dress shops, furniture showrooms, and classic 100 year old homes.

 

Railtown’s industrial-chic lofts have a historic Brooklyn vibe that locals – artists, business owners and entrepreneurs – flock to, with the community becoming a hub for hip restaurants and new shops.

 

Strathcona residents are mainly young families – who have purchased reasonably priced character homes and restored them – and much like its neighboring ‘hoods’ Strathcona has a sense of community that makes you want to be a part of it.

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406 Union Street in Vancouver: Strathcona Multifamily for sale (Vancouver East) : MLS®# R3082701

406 Union Street Vancouver V6A 2B6 : Strathcona

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$2,595,000
Prop. Type:
Residential Income
MLS® Num:
R3082701
Status:
Active
Bedrooms:
14
Bathrooms:
7
Year Built:
1910
HIP-O Building Cool Strathcona 3 Storey 15 Unit Historic lncome Bldg near Chinatown, mins D/T, 1 Blk to new St Paul Hospital. 4500 SF Bldg + 1500 SF unfin Bsmt, reno'd 2016 Main Flr 3 S/C Suites; 2nd & 3rd Flrs Each w 6 furnished single rooms w sink vanity, bed. Each Flr modern kitchen, 2 Baths 1500 SF Bsmt w laund, bike storage, lockers for rent. 2 of 12 single rooms COV SRA rental restricted, rest are unrestricted market rentals. 1910 Char Bldg, upgraded, sprinklered, redone plumbing, elec, flrs, kitchs, roof, baths. Inc $17,916/mo, $214,992/yr; NOI $130,157/yr, Cap Rate 5%. Prof managed maintained w good Tenants. Great hands off investment, or for non-profit housing Seller consider VTB 2nd mortgage. Show w 2 Day Notice. Cal LS for info pkg, viewing. Show Jan 28 @ 2:30pm-3:30pm by Appt.
Property Type:
Residential Income
Dwelling Type:
Other
Home Style:
Three Or More Levels
Ownership:
Freehold NonStrata
Manufactured Type:
Year built:
1910 (Age: 116)
Living Area:
Switch units of measure4,575 sq. ft.
Floor Area - Unfinished:
Switch units of measure
Floor Area - Detached 2nd Residence:
Switch units of measure
Building Area - Total:
Switch units of measure6,100 sq. ft.
Levels:
Three Or More
Rainscreen:
Bedrooms:
14 (Above Grd: 14)
Bathrooms:
7.0 (Full:7/Half:0)
Kitchens:
Rooms:
Taxes:
$8,399.01 / 2025
Lot Area:
Switch units of measure1,525 sq. ft.
Lot Frontage:
Switch units of measure50'
Lot Details:
50 x 30.5
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
No Outdoor Area
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
VAP775
Construction Materials:
Frame Wood, Wood Siding
Foundation:
Basement:
Full Height:
Crawl Height:
Roof:
No. Floor Levels:
3.0
Floor Finish:
Floor Area Fin - Above Grade:
Switch units of measure
Floor Area Fin - Above Main:
Switch units of measure1,525 sq. ft.
Floor Area Fin - Above Main 2:
Switch units of measure1,525 sq. ft.
Floor Area Fin - Main:
Switch units of measure1,525 sq. ft.
Floor Area Fin - Below Main:
Switch units of measure
Floor Area Fin - Below Grade:
Switch units of measure
Floor Area Fin - Basement:
Switch units of measure
Floor Area Fin - Total:
Switch units of measure4,575 sq. ft.
Heating:
Parking Features:
None
Parking:
None
# Of Parking Spaces - Total:
# Of Covered Spaces:
Parking Total/Covered:
0 / -
Flood Plain:
Suite:
No Outdoor Area
Fire Sprinkler System, Smoke Detector(s)
5
Fire Sprinkler System, Smoke Detector(s)
Floor
Type
Dimensions
Other
Main
Main
Main
Main
Main
Main
Main
Main
Main
Above
Above
Above
Above
Above
Above
Above
Above
Abv Main 2
Abv Main 2
Abv Main 2
Abv Main 2
Abv Main 2
Abv Main 2
Abv Main 2
Abv Main 2
Below
Below
Floor
Ensuite
Pieces
Other
Main
Main
Main
Above
Above
-
-
Council Approval:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Age Restrictions:
No
By-Law Infractions:
N
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Home Owners Association:
No
Previous Price:
Original Price:
Land Lease:
No
Zoning:
Access to property:
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Telephone Service:
Fencing:
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Plumbing Details:
Sketch Attached:
Restrictions:
Listed by RE/MAX Real Estate Services
Data was last updated February 23, 2026 at 04:40 PM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.

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Hello, I'm Steve!

Find out more about Inhabit Vancouver.

Feel free to call me at 604.376.1458 or
send me a message

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.