Home Vancouver, BC Yaletown The Grafton 404 1238 Homer Street

404 1238 Homer St, Vancouver BC V6B 2Y5 – Condo for Sale – MLS® R3155164

404 1238 Homer Street, Vancouver, British Columbia V6B 2Y5

Vancouver Condos for Sale

93 days on the market

$729,000

Est. monthly cost $3,690/mo

Updated with MLS® - Nov 12, 2026 at 06:45pm

The Grafton

1 Beds

1 Baths

822 sqft

887 $ /sqft

560.84 $ Maint. fee

1998 built

Photos

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.

Building 25 fields Inside & out 13 fields Lot & land 7 fields

Building Details

Price	$729,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	822
Year Built	1998
Age Of Building	28
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Loft/Warehouse Conv.
Stories	1
Building Amenities	Bike Room, Caretaker, Gas, Hot Water, Management
Building Name	The Grafton
Ownership Type	Freehold Strata
Maintenance Fee	$560.84
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Caretaker, Gas, Hot Water, Management
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Septic Tank
Water (WaterSource)	Public
Parking Type	Underground, Front Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Yes With Restrictions

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator, Storage
Fireplace	1
Heating Type	Electric
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate, Tile
Foundation	Block

Exterior Features

Exterior Features	No Outdoor Area
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3155164
Area	Vancouver West
Neighbourhood	Yaletown
City	Vancouver
Postal Code	V6B 2Y5
Gross Taxes	$2,290.84
Zoning	HA-3

Property Timeline

Status	Date	Price
R3155164 / Active	08-11-2026	$729,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	17'9 x 17'9 ft
Main Level	Living Room	15'1 x 15'1 ft
Main Level	Kitchen	11'9 x 11'9 ft
Main Level	Dining Room	12'3 x 12'3 ft
Main Level	Bedroom	11'8 x 11'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4

Listed by: Coldwell Banker Prestige 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.

About the building: The Grafton

1238 Homer Street, Yaletown, Vancouver

The Grafton building details

Building

Built: 1998
Homes: 17
Construction: Concrete
Title: Freehold Strata
Strata plan: LMS3182
Managed by: Rancho Management Services
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: ManagementHot WaterGasGarbage PickupCaretaker

Bylaws on record

Pets: Allowed; Cats and dogs OK, max 1
Rentals: Allowed

Market at The Grafton

For sale: 1
Median ask: $729K
Median $/sqft: $887
Days on market: 94
Sold, past year: 2

This home

$887/sqft, in line with the building median of $887.

Homes for sale at The Grafton, Vancouver Recent sold listings in The Grafton, Vancouver

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 0.12 km · King George Secondary School 6.2/10 · 1.92 km · crime average · sell-speed score 64/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (280 nearby)

Paratha 2 pasta · 26 m · Restaurant
Grand chinese restaurant · 27 m · Restaurant
Tasty indian bistro · 37 m · Restaurant

Shopping (273 nearby)

Top knot · 23 m · Beauty Shop
The glamoury · 23 m · Hairdresser
Posy · 27 m · Beauty Shop

Cafes (84 nearby)

Jj bean · 66 m · Cafe
Faubourg paris · 96 m · Cafe
Starbucks · 114 m · Cafe

Groceries (68 nearby)

Ganache pâtisserie · 28 m · Bakery
Choices market · 124 m · Supermarket
Martway · 124 m · Convenience

Healthcare (14 nearby)

The pharmacy yaletown · 109 m · Healthcare
Shoppers drug mart · 252 m · Healthcare
Yale i.d.a. pharmacy · 310 m · Healthcare

Gyms (4 nearby)

Baza dance studios · 242 m · Gym
Harbour dance centre · 619 m · Gym
Cycklus · 715 m · Gym

Transit (3 nearby)

Skytrain @ yaletown-roundhouse stn station · 117 m · Transit
Bus stop westbound robson st @ granville st · 795 m · Transit
Skytrain @ vancouver city centre stn station · 951 m · Transit

Public Schools

Elementary
Elsie Roy Elementary School: Average 0.29 km 6.8/10
Secondary
King George Secondary School: Average 1.92 km 6.2/10

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

Private Schools

Elementary
Claren Academy: Above Average 0.28 km 9/10
Secondary
Pattison High School: 0.69 km

Closest Transit

Bus Stop
Yaletown-Roundhouse Station @ Bay 1: 0.09 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 0.12 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

64 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $846,800

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.12 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

93 DOM

Slower than area

Yaletown avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

404 1238 Homer Street has a sell-speed score of 64/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 13.9% below comparable active properties in Yaletown, which is a strong competitive signal. 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 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 2Y5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 2Y5, 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. Nearest station: Vancouver Clark Drive, Vancouver (~3.7 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.

Schools NearBy

40 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 277 m
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.8 / 10	Distance 294 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 688 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 813 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 818 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 859 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 874 m
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 889 m
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 1.08 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.17 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.25 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.28 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.28 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.34 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.43 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.48 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.49 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 1.63 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.73 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.81 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.85 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.2 / 10	Distance 1.92 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 2.01 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	N/A	Distance 2.11 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.13 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.25 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.25 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.26 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.27 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.31 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.32 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.39 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.44 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.48 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.66 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.66 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.74 KM
Fraser Academy	Independent	Grades Served 2-12	Catchment Info —	6.2 / 10	Distance 2.76 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	N/A	Distance 2.92 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.99 KM

Pre-computed routes from 404 1238 Homer St, Vancouver, BC

404 1238 Homer St, Vancouver, BC Yaletown-Roundhouse 0.1 km

8 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Yaletown-Roundhouse → Waterfront
8 min
Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
26 min
SFU Burnaby via Yaletown-Roundhouse → Production Way
33 min
Richmond Centre via Yaletown-Roundhouse → Brighouse
25 min
YVR Airport via Yaletown-Roundhouse → YVR-Airport
26 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

404 1238 Homer St, Vancouver, BC is ideally located for commuters. The property is 0.1 km from Yaletown-Roundhouse, with a 8 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Yaletown-Roundhouse Station @ Bay 1 (0.09 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 404 1238 Homer Street

Walker's Paradise 99

Walk Score - Walker's Paradise

Daily errands do not require a car

Rider's Paradise 100

Transit Score - Rider's Paradise

World-class public transportation

Very Bikeable 85

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 404 1238 Homer Street

2026 assessed value, sourced from City of Vancouver open data (PID 024-111-481).

Total Assessed Value (2026)

$681,000

-3.4% YoY

-0.4%/yr over 4 yr

2022 Value Trend 2026

Land

$430,000

Buildings

$251,000

Year Built

1998

Class

Historical Area

Zoning

HA-3

Property Tax

$2,291

Year	Land	Improvements	Total Assessed	YOY Change
2026	$430,000	$251,000	$681,000	-3.4%
2025	$445,000	$260,000	$705,000	-3.3%
2024	$460,000	$269,000	$729,000	+1.3%
2023	$454,000	$266,000	$720,000	+3.9%
2022	$441,000	$252,000	$693,000	—

Costs & calculators

Monthly cost about $3,690/month · rent estimate $2,697/month · owning catches up with renting by year 11 · cash flow if rented −$1,187/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 404 1238 Homer Street

$3,690 /month

Principal & Interest $2,938

Property Taxes $191

Maintenance fee $561

The estimated monthly cost of 404 1238 Homer Street, Vancouver is $3,690: $2,938 principal and interest with 20% down over 30 years at 4.45%, plus $191 property tax and $561 strata fee.

or Call 778-918-5990

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

Investment Cashflow Calculator

−$1,187 /month

Mortgage Payment $2,938

Monthly Cash Flow −$1,187

Break Even Down Payment 53%

Cap Rate -2.0%

Cash on Cash -9.8%

If 404 1238 Homer Street, Vancouver were rented at $2,697 a month with 5% vacancy, it would fall $1,187 a month short of the mortgage and carrying costs; about 53% down would break even.

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

Estateblock Rent Estimate for 404 1238 Homer Street, Vancouver

$2,697 / month

Rent $2,697

Own $3,690

Principal: $945/mo Interest, tax, insurance, fees: $2,745/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$791/mo (year 1) → ~$1,839/mo (year 20) → ~$2,743/mo (year 29).

Net cost to own at year 5 ~$2,745/mo About $48/mo more than renting

EstateBlock estimates 404 1238 Homer Street, Vancouver would rent for about $2,697 a month.

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.

Rent vs own: 404 1238 Homer Street

Rent vs own

Owning catches up by year 11

With 20% down ($145,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $51,971

Principal paid off by year 10 $116,866

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 404 1238 Homer Street, Vancouver is cheaper at first, but owning catches up by year 11, with $51,971 of principal paid off by year 5 and $116,866 by year 10.