Home Vancouver, BC Yaletown Governor'S Tower 502 1318 Homer Street

502 1318 Homer St, Vancouver BC - Apartment/Condo for Sale - MLS# R3154066

49 days on the market

$1,149,000

Est. Mortgage $5,083/mo

Listing updated: Sep 15, 2026 at 02:32pm

EstateBlock checked: Sep 28, 2026 at 02:40pm

Governor's Villa Ii

2 Beds

2 Baths

1005 sqft

1143 $ /sqft

805 $ Maint. fee

1996 built

49 days on the market

$1,149,000

Est. $5,083/mo with 20% down

Listing updated: Sep 15, 2026 at 02:32pm

EstateBlock checked: Sep 28, 2026 at 02:40pm

Photos

Exterior Front Photo of 502 1318 Homer Street, Vancouver, BC

Exterior Rear Photo of 502 1318 Homer Street, Vancouver, BC

Living Room Photo of 502 1318 Homer Street, Vancouver, BC

Family Room Photo of 502 1318 Homer Street, Vancouver, BC

Dining Area Photo of 502 1318 Homer Street, Vancouver, BC

Kitchen Photo of 502 1318 Homer Street, Vancouver, BC

Kitchen Island Photo of 502 1318 Homer Street, Vancouver, BC

Pantry Photo of 502 1318 Homer Street, Vancouver, BC

Breakfast Nook Photo of 502 1318 Homer Street, Vancouver, BC

Primary Bedroom Photo of 502 1318 Homer Street, Vancouver, BC

Primary Bathroom Photo of 502 1318 Homer Street, Vancouver, BC

Walk-In Closet Photo of 502 1318 Homer Street, Vancouver, BC

Bedroom 2 Photo of 502 1318 Homer Street, Vancouver, BC

Bedroom 3 Photo of 502 1318 Homer Street, Vancouver, BC

Bedroom 4 Photo of 502 1318 Homer Street, Vancouver, BC

Guest Bathroom Photo of 502 1318 Homer Street, Vancouver, BC

Powder Room Photo of 502 1318 Homer Street, Vancouver, BC

Office / Den Photo of 502 1318 Homer Street, Vancouver, BC

Loft / Bonus Room Photo of 502 1318 Homer Street, Vancouver, BC

Basement Recreation Room Photo of 502 1318 Homer Street, Vancouver, BC

Laundry Room Photo of 502 1318 Homer Street, Vancouver, BC

Mudroom Photo of 502 1318 Homer Street, Vancouver, BC

Entry Foyer Photo of 502 1318 Homer Street, Vancouver, BC

Hallway Photo of 502 1318 Homer Street, Vancouver, BC

Staircase Photo of 502 1318 Homer Street, Vancouver, BC

Garage Interior Photo of 502 1318 Homer Street, Vancouver, BC

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 .

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Fireplace	1
Heating Type	Hot Water
# of Kitchens	1
Flooring	Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Playground, Balcony, Private Yard
View Description	False Creek and David Lam Park
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$1,149,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1005
Year Built	1996
Age Of Building	30
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Recreation Facilities, Sewer, Water
Building Name	Governor's Villa Ii
Ownership Type	Freehold Strata
Maintenance Fee	$805
Community Features	Shopping Nearby
Amenities Nearby	Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Recreation Facilities, Sewer, Water
Utility Type	Community, Electricity Connected, Water Connected
Water (WaterSource)	Public
Parking Type	Carport Single, Side Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3154066
Area	Vancouver West
Neighbourhood	Yaletown
City	Vancouver
Postal Code	V6B 6A7
Gross Taxes	$3,654.07
Zoning	RES

Property Timeline

Status	Date	Price
R3154066 / Active	08-10-2026	$1,149,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'5 x 12'5 ft
Main Level	Bedroom	10' x 10' ft
Main Level	Dining Room	13' x 13' ft
Main Level	Storage	7' x 7' ft
Main Level	Kitchen	7' x 7' ft
Main Level	Primary Bedroom	12' x 12' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#3

Listed by: Royal LePage Sussex

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: Average 0.26 km 6.8/10
Secondary
King George Secondary School: Average 1.95 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 0.41 km 9/10
Secondary
Pattison High School: 0.77 km

Closest Transit

Bus Stop
Westbound Pacific Blvd @ Drake St: 0.08 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 0.21 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

57 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $1,167,384

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.21 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

49 DOM

Average

Yaletown avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

502 1318 Homer Street has a sell-speed score of 57/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.6% 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 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 (~3.7 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.

Nearby Restaurants, Cafes & Shops

Restaurants (265 nearby)

Kurotaki · 81 m · Restaurant
Alchemy · 91 m · Restaurant
Tasty indian bistro · 105 m · Restaurant

Shopping (246 nearby)

Bobo's philosophy · 94 m · Hairdresser
Pacific oasis spa · 100 m · Beauty Shop
Yaletown nails spa · 105 m · Beauty Shop

Cafes (74 nearby)

Matchstick · 101 m · Cafe
Jj bean · 186 m · Cafe
Cha yuan · 194 m · Cafe

Groceries (69 nearby)

Farm to table · 99 m · Supermarket
Ganache pâtisserie · 104 m · Bakery
Stop 'n go · 137 m · Convenience

Healthcare (12 nearby)

The pharmacy yaletown · 161 m · Healthcare
Shoppers drug mart · 236 m · Healthcare
Yale i.d.a. pharmacy · 306 m · Healthcare

Gyms (4 nearby)

Baza dance studios · 201 m · Gym
Harbour dance centre · 727 m · Gym
Cycklus · 834 m · Gym

Transit (2 nearby)

Skytrain @ yaletown-roundhouse stn station · 215 m · Transit
Bus stop westbound robson st @ hamilton st · 867 m · Transit

Schools NearBy

40 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 264 m
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 405 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 753 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 768 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 771 m
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 856 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 938 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 948 m
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.09 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.21 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.31 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.37 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.38 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.40 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.40 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.47 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 1.50 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.61 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.70 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.75 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.78 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 1.88 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.2 / 10	Distance 1.95 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.14 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.18 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 2.19 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 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. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.26 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.31 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.32 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.33 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.42 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.48 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.53 KM
Fraser Academy	Independent	Grades Served 2-12	Catchment Info —	6.2 / 10	Distance 2.64 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.65 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 2.82 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.90 KM

Pre-computed routes from 502 1318 Homer St, Vancouver, BC

502 1318 Homer St, Vancouver, BC Yaletown-Roundhouse 0.2 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

502 1318 Homer St, Vancouver, BC is ideally located for commuters. The property is 0.2 km from Yaletown-Roundhouse, with a 10 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Pacific Blvd @ Drake St (0.08 km). Walk Score Transit rating: Rider's Paradise (97/100).

Walkability & Transit Near 502 1318 Homer Street

Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 97

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 — 502 1318 Homer Street

2026 assessed value, sourced from City of Vancouver open data (PID 019-049-005).

Total Assessed Value (2026)

$1,086,000

-12.7% YoY

-2.8%/yr over 4 yr

2022 Value Trend 2026

Land

$692,000

Buildings

$394,000

Year Built

1995

Class

Comprehensive Development

Zoning

CD-1 (266)

Property Tax

$3,654

Year	Land	Improvements	Total Assessed	YOY Change
2026	$692,000	$394,000	$1,086,000	-12.7%
2025	$792,000	$452,000	$1,244,000	-2.0%
2024	$808,000	$461,000	$1,269,000	+5.9%
2023	$763,000	$435,000	$1,198,000	-1.6%
2022	$666,000	$551,000	$1,217,000	—

Mortgage Calculator for 502 1318 Homer Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $305

Maintenance fee 805

Financing 80% of the $1,149,000 asking price over 30 years at 4% results in approximately $5,498/month in total estimated carrying costs, $305 property tax, $805 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: Sep 15, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

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Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $3,275/month in rental income, leaving a -$2,272/month cashflow at current carrying costs. Investors targeting break-even would need roughly 62% down.

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

Estateblock Rent Estimate for 502 1318 Homer Street, Vancouver

Buy Vs Rent Calculator

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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.