Home Vancouver, BC Yaletown Murchies Building 512 1216 Homer Street

512 1216 Homer St, Vancouver BC - Apartment/Condo for Sale - MLS# R3151552

38 days on the market

$475,000

Est. Mortgage $2,101/mo

Listing updated: Aug 18, 2026 at 03:04pm

EstateBlock checked: Sep 6, 2026 at 12:45am

Murchies

0 Beds

1 Baths

462 sqft

1028 $ /sqft

302.83 $ Maint. fee

1997 built

38 days on the market

$475,000

Est. $2,101/mo with 20% down

Listing updated: Aug 18, 2026 at 03:04pm

EstateBlock checked: Sep 6, 2026 at 12:45am

Photos

Exterior Front Photo of 512 1216 Homer Street, Vancouver, BC

Exterior Rear Photo of 512 1216 Homer Street, Vancouver, BC

Living Room Photo of 512 1216 Homer Street, Vancouver, BC

Family Room Photo of 512 1216 Homer Street, Vancouver, BC

Dining Area Photo of 512 1216 Homer Street, Vancouver, BC

Kitchen Photo of 512 1216 Homer Street, Vancouver, BC

Kitchen Island Photo of 512 1216 Homer Street, Vancouver, BC

Pantry Photo of 512 1216 Homer Street, Vancouver, BC

Breakfast Nook Photo of 512 1216 Homer Street, Vancouver, BC

Primary Bedroom Photo of 512 1216 Homer Street, Vancouver, BC

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!

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	Baseboard, Electric, Natural Gas
Laundry	In Unit
# of Kitchens	1
Flooring	Hardwood, Mixed, Tile
Foundation	Block

Exterior Features

Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$475,000
Total Bedrooms	0
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	462
Year Built	1997
Age Of Building	29
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Loft/Warehouse Conv., Other
Stories	1
Building Amenities	Trash, Maintenance Grounds, Gas, Management, Sewer, Water
Building Name	Murchies
Ownership Type	Freehold Strata
Maintenance Fee	$302.83
Community Features	Shopping Nearby
Amenities Nearby	Trash, Maintenance Grounds, Gas, Management, Sewer, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	None
Total Parking Spaces	0
Strata Restrictions	Pets Allowed,Rentals Allwd w/Restrctns
Pet Restrictions	Yes
Units In Development	59

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3151552
Area	Vancouver West
Neighbourhood	Yaletown
City	Vancouver
Postal Code	V6B 6K5
Gross Taxes	$1,515.49
Zoning	HA3

Property Timeline

Status	Date	Price
R3151552 / Active	07-30-2026	$475,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Foyer	6'11 x 6'11 ft
Main Level	Living Room	15'0 x 15'0 ft
Main Level	Kitchen	7'6 x 7'6 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3

Listed by: Engel & Volkers Vancouver

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 0.32 km 6.8/10
Secondary
King George Secondary School: Average 1.89 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 0.24 km 9/10
Secondary
Pattison High School: 0.66 km

Closest Transit

Bus Stop
Yaletown-Roundhouse Station @ Bay 1: 0.07 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

57 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $485,450

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

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

38 DOM

Average

Yaletown avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

512 1216 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 2.2% 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 6K5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 6K5, 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 (287 nearby)

Zab zaab · 36 m · Restaurant
Grab n go · 38 m · Fast Food
Grand chinese restaurant · 43 m · Restaurant

Shopping (283 nearby)

Marla's · 5 m · Hairdresser
Posy · 14 m · Beauty Shop
Farzad's barber shop · 17 m · Hairdresser

Cafes (85 nearby)

Jj bean · 31 m · Cafe
Nine bar coffee · 86 m · Cafe
Faubourg paris · 93 m · Cafe

Groceries (68 nearby)

Ganache pâtisserie · 65 m · Bakery
Choices market · 99 m · Supermarket
Martway · 125 m · Convenience

Healthcare (14 nearby)

The pharmacy yaletown · 132 m · Healthcare
Shoppers drug mart · 256 m · Healthcare
Yale i.d.a. pharmacy · 308 m · Healthcare

Gyms (4 nearby)

Baza dance studios · 255 m · Gym
Harbour dance centre · 581 m · Gym
Cycklus · 688 m · Gym

Transit (3 nearby)

Skytrain @ yaletown-roundhouse stn station · 117 m · Transit
Bus stop westbound robson st @ granville st · 755 m · Transit
Skytrain @ vancouver city centre stn station · 910 m · Transit

Schools NearBy

39 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 237 m
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.8 / 10	Distance 325 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 655 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 781 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 782 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 898 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 914 m
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 915 m
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.04 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.21 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.21 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.24 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.24 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.30 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.44 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.47 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.53 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 1.67 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.72 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.84 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.88 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.2 / 10	Distance 1.89 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 2.05 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 2.09 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.14 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.26 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.26 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.27 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.27 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.33 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.35 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.42 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 2.51 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.67 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.69 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.78 KM
Fraser Academy	Independent	Grades Served 2-12	Catchment Info —	6.2 / 10	Distance 2.80 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	0	Distance 2.95 KM

Pre-computed routes from 512 1216 Homer St, Vancouver, BC

512 1216 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

512 1216 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 (0.07 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 512 1216 Homer Street

Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation

Somewhat
Bikeable 85

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 512 1216 Homer Street

2026 assessed value, sourced from City of Vancouver open data (PID 023-674-008).

Total Assessed Value (2026)

$457,000

-6.0% YoY

-3.1%/yr over 4 yr

2022 Value Trend 2026

Land

$328,000

Buildings

$129,000

Year Built

1912

Class

Historical Area

Zoning

HA-3

Property Tax

$1,537

Year	Land	Improvements	Total Assessed	YOY Change
2026	$328,000	$129,000	$457,000	-6.0%
2025	$349,000	$137,000	$486,000	-3.8%
2024	$363,000	$142,000	$505,000	-7.0%
2023	$390,000	$153,000	$543,000	+4.6%
2022	$359,000	$160,000	$519,000	—

Mortgage Calculator for 512 1216 Homer Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $126

Maintenance fee 302.83

Based on a 30-year fixed at 4% interest with 20% down ($95,000), the estimated monthly payment for this listing is $2,243/month — $1,814 principal & interest, $126 property tax, $303 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: Aug 18, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

At an estimated rental income of $1,805/month, this property runs a $493/month shortfall after mortgage and carrying costs. Break-even requires approximately 42% down.

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

Estateblock Rent Estimate for 512 1216 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.