701 1318 HOMER STREET
Vancouver, BC V6B6A7
$1,188,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $1,010/mo
- Annual property tax
- $3,774.1 (2025)
Interior
- Heating
- Baseboard heaters, Hot Water
- Fireplace
- None
Exterior & Lot
- View
- View
- Pool
- Indoor pool
Parking
- Total spaces
- 2 — 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®
- R3106441
- Listed
- April 2, 2026
- Time on market
- On the market for 151 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Grand Central Realty · Data source: CREA DDF.
Description
WELL KNOWN ONE OF CONCORD'S EARLY PROJECT - GOVERNOR VILLA. THIS 3 BEDROOMS + ENCLOSED BALCONY + DEN COME WITH 2 PARKINGS AND A STORAGE LOCKER. FACING SOUTH TO DAVID LAM PARK AND VIEW OF FALSE CREEK! YALETOWN LOCATION CLOSE TO TRANSIT, SHOPPING, URBAN FARE, ALL TYPES OF RESTRAURANTS, ROUNDHOUSE COMMUNITY CENTER AND SEA WALL. FULL FACILITIES WITH INDOOR HEATED POOL, HOT TUB, SAUNA, EXCERCISE CENTER, GARDEN, PLAYROUND, SECURE UNDERGROUND PARKINGS AND 24 HOURS CONCIERGE. CALL NOW TO SHOW. ALL MEASUREMENTS ARE APPROXIMATELY. (id:63159)
Values & Trends
This listing
$953/sqft
Building average
$1,143/sqft
1 active listing(s)
Vancouver average
$1,094/sqft
2087 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
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
| School | Type | Distance |
|---|---|---|
| Elsie Roy Elementary | Elementary | 262 m |
| Claren Academy(Independent) | Elementary | 396 m |
| Anchor Point Montessori(Independent) | Elementary | 550 m |
| False Creek Elementary | Elementary | 763 m |
| Pattison High School(Independent) | Secondary | 774 m |
| Lowell High School(Independent) | Secondary | 921 m |
| Canada Royal Arts High School(Independent) | Secondary | 1.1 km |
| Columbia Academy(Independent) | Secondary | 1.2 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
| Stop | Type | Distance |
|---|---|---|
| Eastbound Pacific St @ Richards St | — | 169 m |
| Westbound Pacific St @ Richards St | — | 196 m |
| Yaletown-Roundhouse Station @ Bay 1 | — | 214 m |
| Yaletown-Roundhouse Station @ Platform 2 | — | 223 m |
| Yaletown-Roundhouse Station @ Bay 3 | — | 225 m |
Nearby Places
Restaurants (5+)
- G3 Kitchen and Bar · 496 Drake Street81 m
- Alchemy · 1269 Hamilton Street90 m
- Tasty Indian Bistro · 1261 Hamilton Street104 m
- Ki Isu Japanese Restaurant · 1275 Pacific Boulevard116 m
- Paratha 2 Pasta · 1257 Hamilton Street121 m
Cafes (5+)
- Octave Cafe102 m
- Matchstick · 1328 Richards Street102 m
- JJ Bean · 402 Davie Street185 m
- Cha Yuan · 1223 Pacific Boulevard194 m
- Faubourg Paris · 302 Davie Street204 m
Grocery (5+)
- Farm to Table · 1312 Richards Street100 m
- Choices Market · 1202 Richards Street214 m
- Urban Fare · 177 Davie Street341 m
- Fresh Street Market · 1423 Continental Street430 m
- Sashimiya · 1348 Hornby Street503 m
Parks (5+)
- Unnamed133 m
- David Lam Park · 1300 Pacific Boulevard217 m
- Unnamed263 m
- Emery Barnes Park316 m
- George Wainborn Park348 m
Gyms (5+)
- Everyday Athletes · 1271 Homer Street95 m
- Club Viva · 428 Pacific Street163 m
- Pure Barre · 1128 Homer Street307 m
- Oxygen Yoga & Fitness · 1128 Mainland Street317 m
- Barre Fitness · 1038 Mainland Street436 m
Pharmacies (5+)
- The Pharmacy Yaletown · 1251 Pacific Street161 m
- Shoppers Drug Mart · 1295 Seymour Street237 m
- Yale I.D.A. Pharmacy · 1284 Granville Street307 m
- Granville Pharmacy · 1146 Granville Street413 m
- London Drugs · 1431 Continental Street429 m
Banks & ATMs (5+)
- Coinsite Bitcoin ATM · 216 Davie Street220 m
- RBC · 1196 Pacific Boulevard289 m
- RBC · 1196 Pacific Boulevard311 m
- Coast Capital Savings · 120 Davie Street327 m
- Bitcoin ATM Coinsite · 1168 Pacific Boulevard345 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($93,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.