Property Type: Condo / ApartmentOwnership: Strata

512 1216 HOMER STREET

Vancouver, BC V6B6K5

$475,000

0 bed1 bath0 parking462 sqftBuilt 1997
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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
$303/mo
Annual property tax
$1,515.49 (2025)

Interior

Heating
Baseboard heaters, Electric, Natural gas
Fireplace
None

Parking

Total spaces
0

Restrictions & Policies

Pets
Allowed
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®
R3151552
Listed
July 31, 2026
Time on market
On the market for 31 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver · Data source: CREA DDF.

Description

If you've been looking for a studio in Yaletown this is the one! The Murchies a boutique heritage conversion building from 1912 that was converted into lofts in 1997. Open concept, beautiful reclaimed fir flooring from the original warehouse, exposed concrete beams and swing windows create light-filled magic. The cast stone fireplace set's the stage, the spacious kitchen and built in desk area are timeless. Multifunctional custom Murphy bed that also has a drop down table perfect for hosting. Common rooftop terrace with seating & bbq area. One storage locker, pet friendly. Steps to the Canada Line, the seawall and the finest shopping and dining Yaletown has to offer. This studio has been loved by it's current owner for 10 years and it's now time for it's next owner! (id:63159)

Values & Trends

This listing

$1,028/sqft

Building average

No other active listings in this building

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: Not indicatedStorage 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)Elementary229 m
Elsie Roy ElementaryElementary323 m
Anchor Point Montessori(Independent)Elementary584 m
Pattison High School(Independent)Secondary665 m
Lowell High School(Independent)Secondary754 m
False Creek ElementaryElementary907 m
Columbia Academy(Independent)Secondary1.0 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 171 m
Yaletown-Roundhouse Station @ Platform 2115 m
Yaletown-Roundhouse Station @ Platform 1119 m
Yaletown-Roundhouse Station @ Bay 2141 m
Westbound Davie St @ Richards St153 m

Nearby Places

Restaurants (5+)

  • Zab Zaab · 1211 Hamilton Street36 m
  • Grand Chinese Restaurant · 1233 Hamilton Street43 m
  • Cactus Club Cafe · 357 Davie Street54 m
  • Paratha 2 Pasta · 1257 Hamilton Street62 m
  • Capo and the Spritz · 350 Davie Street64 m

Cafes (5+)

  • JJ Bean · 402 Davie Street31 m
  • Nine Bar Coffee · 477 Davie Street86 m
  • Faubourg Paris · 302 Davie Street93 m
  • Starbucks · Mainland Street102 m
  • Cha Yuan · 1223 Pacific Boulevard135 m

Grocery (5+)

  • Choices Market · 1202 Richards Street99 m
  • Farm to Table · 1312 Richards Street188 m
  • Urban Fare · 177 Davie Street270 m
  • Nesters Market · 990 Seymour Street426 m
  • Fresh Street Market · 1423 Continental Street513 m

Parks (5+)

  • Unnamed119 m
  • Emery Barnes Park192 m
  • Unnamed240 m
  • Helmcken Park270 m
  • David Lam Park · 1300 Pacific Boulevard344 m

Gyms (5+)

  • Everyday Athletes · 1271 Homer Street89 m
  • Pure Barre · 1128 Homer Street139 m
  • Oxygen Yoga & Fitness · 1128 Mainland Street175 m
  • Barre Fitness · 1038 Mainland Street279 m
  • Sculpt Studio · 1083 Cambie Street320 m

Pharmacies (5+)

  • The Pharmacy Yaletown · 1251 Pacific Street132 m
  • Shoppers Drug Mart · 1295 Seymour Street257 m
  • Yale I.D.A. Pharmacy · 1284 Granville Street309 m
  • Granville Pharmacy · 1146 Granville Street317 m
  • Shoppers Drug Mart · 1006 Homer Street337 m

Banks & ATMs (5+)

  • Coinsite Bitcoin ATM · 216 Davie Street125 m
  • Scotiabank · 1108 Homer Street182 m
  • RBC · 1196 Pacific Boulevard186 m
  • CIBC · 1096 Homer Street208 m
  • RBC · 1196 Pacific Boulevard231 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$380,000.00
Periodic payment — Principal & Interest (monthly)$2,451.63
Additional monthly expenses (strata, tax, utilities, etc.)$452.12
Total monthly cost$2,903.75
Interest paid over 5-yr term$108,909.09
Balance at end of term$341,811.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,750
Stress test qualifying rate8.09%
Payment you must qualify for$3,469.95

Cash Needed at Closing

Minimum down payment$23,750
Estimated BC PTT$7,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,750

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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