Home Vancouver, BC Yaletown Governor'S Tower 303 1388 Homer Street

303 1388 Homer St, Vancouver BC - Apartment/Condo for Sale - MLS# R3101186

172 days on the market

$1,388,000

Est. Mortgage $6,140/mo

Listing updated: Jun 11, 2026 at 05:56pm

EstateBlock checked: Sep 6, 2026 at 03:10am

Governors Tower

3 Beds

2 Baths

1240 sqft

1119 $ /sqft

925 $ Maint. fee

1994 built

172 days on the market

$1,388,000

Est. $6,140/mo with 20% down

Listing updated: Jun 11, 2026 at 05:56pm

EstateBlock checked: Sep 6, 2026 at 03:10am

Photos

Exterior Front Photo of 303 1388 Homer Street, Vancouver, BC

Exterior Rear Photo of 303 1388 Homer Street, Vancouver, BC

Living Room Photo of 303 1388 Homer Street, Vancouver, BC

Family Room Photo of 303 1388 Homer Street, Vancouver, BC

Dining Area Photo of 303 1388 Homer Street, Vancouver, BC

Kitchen Photo of 303 1388 Homer Street, Vancouver, BC

Kitchen Island Photo of 303 1388 Homer Street, Vancouver, BC

Pantry Photo of 303 1388 Homer Street, Vancouver, BC

Breakfast Nook Photo of 303 1388 Homer Street, Vancouver, BC

Primary Bedroom Photo of 303 1388 Homer Street, Vancouver, BC

Have you been looking for privacy in the heart of Yaletown? Enjoy the views of David Lam Park and False Creek in this 3 bedroom plus den & 2 Bath. Governors Tower Building offers outstanding facilities which include; indoor pool, hottub, sauna, gym, & outdoor area for BBQ. This well maintained building in approx 2022 has gone through full rainscreening, re-piping and new elevators, just to name a few updates. With over 1235sqft of living space to enjoy and raise your family. Only steps from the Seawall and False Creek, playgrounds, elementary schools, shopping, and skytrain.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator, Storage
Fireplace	0
Heating Type	Other
# of Kitchens	1
Flooring	Laminate, Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, No Outdoor Area
View Description	David Lam Park & Water View
Structures	Multi Family, Residential Attached

Building Details

Price	$1,388,000
Total Bedrooms	3
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1240
Year Built	1994
Age Of Building	32
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Building Name	Governors Tower
Ownership Type	Freehold Strata
Maintenance Fee	$925
Amenities Nearby	Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Utility Type	Electricity Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Underground, Front Access, Concrete
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Yes With Restrictions
Units In Development	237

Lot & Land

MLS^® #	R3101186
Area	Vancouver West
Neighbourhood	Yaletown
City	Vancouver
Postal Code	V6B 6A7
Gross Taxes	$3,583.86
Zoning	CD-1

Property Timeline

Status	Date	Price
R3101186 / Active	03-18-2026	$1,388,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13' x 13' ft
Main Level	Dining Room	12' x 12' ft
Main Level	Kitchen	9' x 9' ft
Main Level	Primary Bedroom	12' x 12' ft
Main Level	Bedroom	10' x 10' ft
Main Level	Bedroom	10' x 10' ft
Main Level	Den	10' x 10' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#4

Listed by: RE/MAX City Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Elsie Roy Elementary School: 0.26 km
Secondary
King George Secondary School: 1.98 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Anchor Point Montessori: 0.54 km
Secondary
Pattison High School: 0.81 km

Closest Transit

Bus Stop
Eastbound Pacific Blvd @ Homer St: 0.07 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 0.26 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Above Average

Demographics

Post-Secondary Education: Above Average 57%
No Certificate/Degree: Below Average 5.1%
Owner Occupied: Below Average 56.2%
Employment Rate: Below Average 48.4%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

50 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $1,239,484

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.26 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How YALETOWN compares

This property

172 DOM

Slower than area

Yaletown avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

303 1388 Homer Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 10.7% above comparable active properties in Yaletown. The local market is currently a Balanced Market with a sales-to-active ratio of 16.1% and an area average of 49 days on market — conditions are balanced. With only 1245 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V6B 6A7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 6A7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3.8 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (257 nearby)

Kurotaki · 109 m · Restaurant
Alchemy · 136 m · Restaurant
Kaide sushi bar · 139 m · Restaurant

Shopping (238 nearby)

Pacific oasis spa · 57 m · Beauty Shop
Sunflower florist · 138 m · Florist
My favourite dry cleaner · 138 m · Laundry

Cafes (73 nearby)

Matchstick · 111 m · Cafe
Cha yuan · 229 m · Cafe
Jj bean · 236 m · Cafe

Groceries (67 nearby)

Farm to table · 120 m · Supermarket
Stop 'n go · 138 m · Convenience
Ganache pâtisserie · 153 m · Bakery

Healthcare (12 nearby)

The pharmacy yaletown · 195 m · Healthcare
Shoppers drug mart · 258 m · Healthcare
Yale i.d.a. pharmacy · 328 m · Healthcare

Gyms (4 nearby)

Baza dance studios · 215 m · Gym
Harbour dance centre · 773 m · Gym
Cycklus · 876 m · Gym

Transit (2 nearby)

Skytrain @ yaletown-roundhouse stn station · 255 m · Transit
Bus stop northbound granville st @ smithe st · 883 m · Transit

Schools NearBy

41 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.8 / 10	Distance 259 m
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 455 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 710 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 725 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 812 m
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 838 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 982 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 995 m
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.05 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.26 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.26 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.32 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.43 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.45 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.45 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 1.45 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.52 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.66 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.67 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.75 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.77 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 1.83 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.2 / 10	Distance 1.98 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.13 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.14 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.21 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 2.21 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.22 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.25 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.32 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.33 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.34 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.38 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.48 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.49 KM
Fraser Academy	Independent	Grades Served 2-12	Catchment Info —	6.2 / 10	Distance 2.59 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.61 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.69 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	0	Distance 2.78 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.85 KM
York House School	Independent	Grades Served K-12	Catchment Info —	9.3 / 10	Distance 2.95 KM

Pre-computed routes from 303 1388 Homer St, Vancouver, BC

303 1388 Homer St, Vancouver, BC Yaletown-Roundhouse 0.3 km

10 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Yaletown-Roundhouse → Waterfront
10 min
Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
28 min
SFU Burnaby via Yaletown-Roundhouse → Production Way
35 min
Richmond Centre via Yaletown-Roundhouse → Brighouse
27 min
YVR Airport via Yaletown-Roundhouse → YVR-Airport
28 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
2 min
Metrotown, Burnaby via Lougheed Hwy
12 min
SFU Burnaby via Gaglardi Way
18 min
Richmond Centre via No. 3 Rd
14 min
YVR Airport via Bridgeport / Sea Island
12 min

Calculate your commute

303 1388 Homer St, Vancouver, BC is ideally located for commuters. The property is 0.3 km from Yaletown-Roundhouse, with a 10 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Pacific Blvd @ Homer St (0.07 km). Walk Score Transit rating: Rider's Paradise (95/100).

Walkability & Transit Near 303 1388 Homer Street

Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 95

Transit Score - Rider's Paradise

World-class public transportation

Somewhat
Bikeable 86

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 303 1388 Homer Street

2026 assessed value, sourced from City of Vancouver open data (PID 019-048-408).

Total Assessed Value (2026)

$1,079,000

-6.1% YoY

-2.1%/yr over 4 yr

2022 Value Trend 2026

Land

$666,000

Buildings

$413,000

Year Built

1995

Class

Comprehensive Development

Zoning

CD-1 (266)

Property Tax

$3,631

Year	Land	Improvements	Total Assessed	YOY Change
2026	$666,000	$413,000	$1,079,000	-6.1%
2025	$709,000	$440,000	$1,149,000	-2.2%
2024	$725,000	$450,000	$1,175,000	+5.3%
2023	$689,000	$427,000	$1,116,000	-4.9%
2022	$642,000	$532,000	$1,174,000	—

Mortgage Calculator for 303 1388 Homer Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $299

Maintenance fee 925

A 20% down payment of $277,600 on this $1,388,000 listing yields an estimated mortgage of $5,301/month (30-year fixed, 4%). Total estimated housing cost: $6,525/month, $299 property tax, $925 maintenance fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: Jun 11, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

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Maintenance Fee

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Vacancy Rate

Down Payment

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/month

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $3,956/month in estimated rental income against $6,585/month in mortgage payments, the monthly cashflow is -$2,629/month. A 60% down payment would reach break-even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 303 1388 Homer Street, Vancouver

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.