Property Type: Condo / ApartmentOwnership: Strata

502 1318 HOMER STREET

Vancouver, BC V6B6A7

$1,149,000

2 bed2 bath1 parking1,005 sqftBuilt 1996
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Amenities

Gym

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$805/mo
Annual property tax
$3,654.07 (2026)

Interior

Heating
Hot Water
Fireplace
None

Exterior & Lot

View
View
Pool
Indoor pool

Parking

Total spaces
1 — covered indicated
Features
Carport

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
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®
R3154066
Listed
August 10, 2026
Time on market
On the market for 21 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Royal LePage Sussex · Data source: CREA DDF.

Description

STUNNING FULLY RENOVATED 2 BED, 2 BATH condo with lovely VIEW of False Creek and David Lam park. open kitchen, new st/st appliances, new bathrooms, new washer/dryer, no popcorn ceiling (!) , new flooring, painting. This bright & spacious open floor plan is ideal for entertaining. Enjoy having coffee on your wrap around balcony and wake up every morning looking at this great view. Rain screened building, new windows, new roof, re-piped in 2018 (already paid). Concierge, gym, indoor pool, sauna, hot tub, rec rm, playground. Fantastic Yaletown living next to great restaurants, coffee shops, transit. 1 parking, 1 locker, visitor parking, rental and pets OK w restriction . (id:63159)

Values & Trends

This listing

$1,143/sqft

Building average

$953/sqft

1 active listing(s)

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

17°C

Clear

Humidity 100%

Wind WNW 13 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

74

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
Elsie Roy ElementaryElementary263 m
Claren Academy(Independent)Elementary397 m
Anchor Point Montessori(Independent)Elementary550 m
False Creek ElementaryElementary762 m
Pattison High School(Independent)Secondary774 m
Lowell High School(Independent)Secondary922 m
Canada Royal Arts High School(Independent)Secondary1.1 km
Columbia Academy(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
Eastbound Pacific St @ Richards St168 m
Westbound Pacific St @ Richards St195 m
Yaletown-Roundhouse Station @ Bay 1215 m
Yaletown-Roundhouse Station @ Platform 2224 m
Yaletown-Roundhouse Station @ Bay 3226 m

Nearby Places

Restaurants (5+)

  • G3 Kitchen and Bar · 496 Drake Street81 m
  • Alchemy · 1269 Hamilton Street91 m
  • Tasty Indian Bistro · 1261 Hamilton Street106 m
  • Ki Isu Japanese Restaurant · 1275 Pacific Boulevard117 m
  • Paratha 2 Pasta · 1257 Hamilton Street122 m

Cafes (5+)

  • Octave Cafe101 m
  • Matchstick · 1328 Richards Street101 m
  • JJ Bean · 402 Davie Street186 m
  • Cha Yuan · 1223 Pacific Boulevard195 m
  • Faubourg Paris · 302 Davie Street206 m

Grocery (5+)

  • Farm to Table · 1312 Richards Street99 m
  • Choices Market · 1202 Richards Street215 m
  • Urban Fare · 177 Davie Street342 m
  • Fresh Street Market · 1423 Continental Street429 m
  • Sashimiya · 1348 Hornby Street503 m

Parks (5+)

  • Unnamed134 m
  • David Lam Park · 1300 Pacific Boulevard217 m
  • Unnamed264 m
  • Emery Barnes Park317 m
  • George Wainborn Park347 m

Gyms (5+)

  • Everyday Athletes · 1271 Homer Street96 m
  • Club Viva · 428 Pacific Street162 m
  • Pure Barre · 1128 Homer Street308 m
  • Oxygen Yoga & Fitness · 1128 Mainland Street319 m
  • Barre Fitness · 1038 Mainland Street437 m

Pharmacies (5+)

  • The Pharmacy Yaletown · 1251 Pacific Street162 m
  • Shoppers Drug Mart · 1295 Seymour Street237 m
  • Yale I.D.A. Pharmacy · 1284 Granville Street306 m
  • Granville Pharmacy · 1146 Granville Street413 m
  • London Drugs · 1431 Continental Street428 m

Banks & ATMs (5+)

  • Coinsite Bitcoin ATM · 216 Davie Street221 m
  • RBC · 1196 Pacific Boulevard290 m
  • RBC · 1196 Pacific Boulevard312 m
  • Coast Capital Savings · 120 Davie Street329 m
  • Bitcoin ATM Coinsite · 1168 Pacific Boulevard346 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Other Listings in This Building

Other units currently listed in the same building. 502 1318 HOMER STREET

View building profile →
Built 1995

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$919,200.00
Periodic payment — Principal & Interest (monthly)$5,930.37
Additional monthly expenses (strata, tax, utilities, etc.)$1,159.51
Total monthly cost$7,089.87
Interest paid over 5-yr term$263,445.36
Balance at end of term$826,823.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,144.11

Cash Needed at Closing

Minimum down payment$89,900
Estimated BC PTT$20,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,380

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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