Property Type: Condo / ApartmentOwnership: Strata

404 1238 HOMER STREET

Vancouver, BC V6B2Y5

$765,000

1 bed1 bath1 parking822 sqftBuilt 1998
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$561/mo
Annual property tax
$2,290.84 (2026)

Interior

Heating
Electric
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3155164
Listed
August 12, 2026
Time on market
On the market for 19 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Prestige Realty · Data source: CREA DDF.

Description

Welcome to The Grafton, a boutique heritage-style building in the heart of Yaletown. This beautiful suite combines modern finishes with unique character, featuring exposed wood beams, brick columns, oversized windows and a bright open-concept layout. Enjoy a modern kitchen with full-size high-end appliances, solid-surface countertops, built-in cabinetry, Grohe fixtures, gas fireplace and a spacious walk-in shower. Includes 1 parking stall and large storage locker. Steps to Yaletown´s best restaurants, cafés, shopping, the Seawall and David Lam Park. A rare offering in one of Yaletown´s most desirable locations. (id:63159)

Values & Trends

This listing

$931/sqft

Building average

No other active listings in this building

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$729,200

Jul 2026

Average Sale Price

$892,419

Jul 2026

Monthly Sales

342

Jul 2026

Active Listings

2,222

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

25 days

Jul 2026

MLS® HPI Benchmark Price

$820,100
$729,200
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

78

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Claren Academy(Independent)Elementary269 m
Elsie Roy ElementaryElementary292 m
Anchor Point Montessori(Independent)Elementary583 m
Pattison High School(Independent)Secondary697 m
Lowell High School(Independent)Secondary791 m
False Creek ElementaryElementary868 m
Columbia Academy(Independent)Secondary1.1 km
Canada Royal Arts High School(Independent)Secondary1.2 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Yaletown-Roundhouse Station @ Bay 191 m
Yaletown-Roundhouse Station @ Platform 2119 m
Yaletown-Roundhouse Station @ Platform 1126 m
Yaletown-Roundhouse Station @ Bay 2142 m
Yaletown-Roundhouse Station @ Bay 3148 m

Nearby Places

Restaurants (5+)

  • Paratha 2 Pasta · 1257 Hamilton Street26 m
  • Grand Chinese Restaurant · 1233 Hamilton Street27 m
  • Tasty Indian Bistro · 1261 Hamilton Street37 m
  • Rodney's Oyster House · 1228 Hamilton Street49 m
  • Alchemy · 1269 Hamilton Street51 m

Cafes (5+)

  • JJ Bean · 402 Davie Street66 m
  • Faubourg Paris · 302 Davie Street97 m
  • Starbucks · Mainland Street114 m
  • Nine Bar Coffee · 477 Davie Street120 m
  • Cha Yuan · 1223 Pacific Boulevard122 m

Grocery (5+)

  • Choices Market · 1202 Richards Street124 m
  • Farm to Table · 1312 Richards Street163 m
  • Urban Fare · 177 Davie Street268 m
  • Nesters Market · 990 Seymour Street466 m
  • Fresh Street Market · 1423 Continental Street499 m

Parks (5+)

  • Unnamed89 m
  • Unnamed224 m
  • Emery Barnes Park224 m
  • Helmcken Park290 m
  • David Lam Park · 1300 Pacific Boulevard305 m

Gyms (5+)

  • Everyday Athletes · 1271 Homer Street64 m
  • Pure Barre · 1128 Homer Street177 m
  • Oxygen Yoga & Fitness · 1128 Mainland Street198 m
  • Club Viva · 428 Pacific Street292 m
  • Barre Fitness · 1038 Mainland Street310 m

Pharmacies (5+)

  • The Pharmacy Yaletown · 1251 Pacific Street109 m
  • Shoppers Drug Mart · 1295 Seymour Street253 m
  • Yale I.D.A. Pharmacy · 1284 Granville Street311 m
  • Granville Pharmacy · 1146 Granville Street344 m
  • Shoppers Drug Mart · 1006 Homer Street375 m

Banks & ATMs (5+)

  • Coinsite Bitcoin ATM · 216 Davie Street125 m
  • RBC · 1196 Pacific Boulevard192 m
  • Scotiabank · 1108 Homer Street221 m
  • RBC · 1196 Pacific Boulevard231 m
  • CIBC · 1096 Homer Street247 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($51,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$612,000.00
Periodic payment — Principal & Interest (monthly)$3,948.42
Additional monthly expenses (strata, tax, utilities, etc.)$792.74
Total monthly cost$4,741.16
Interest paid over 5-yr term$175,400.96
Balance at end of term$550,495.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$51,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,486.57

Cash Needed at Closing

Minimum down payment$51,500
Estimated BC PTT$13,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$66,300

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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