Home Vancouver, BC Yaletown Governor'S Tower 701 1318 Homer Street

701 1318 Homer St, Vancouver BC – Condo for Sale – MLS® R3106441

701 1318 Homer Street, Vancouver, British Columbia V6B 6A7

Vancouver Condos for Sale

203 days on the market

$1,188,000

Est. Mortgage $5,256/mo

Listing updated: Oct 20, 2026 at 02:26pm

EstateBlock checked: Oct 20, 2026 at 05:30pm

Governor's Villa Ii

3 Beds

2 Baths

1247 sqft

953 $ /sqft

1009.95 $ Maint. fee

1995 built

Photos

Exterior photo of 701 1318 Homer St, Vancouver, BC – MLS® R3106441

Exterior Rear Photo of 701 1318 Homer Street, Vancouver, BC

Living Room Photo of 701 1318 Homer Street, Vancouver, BC

Family Room Photo of 701 1318 Homer Street, Vancouver, BC

Dining Area Photo of 701 1318 Homer Street, Vancouver, BC

Kitchen Photo of 701 1318 Homer Street, Vancouver, BC

Kitchen Island Photo of 701 1318 Homer Street, Vancouver, BC

Pantry Photo of 701 1318 Homer Street, Vancouver, BC

Breakfast Nook Photo of 701 1318 Homer Street, Vancouver, BC

Primary Bedroom Photo of 701 1318 Homer Street, Vancouver, BC

Primary Bathroom Photo of 701 1318 Homer Street, Vancouver, BC

Walk-In Closet Photo of 701 1318 Homer Street, Vancouver, BC

Bedroom 2 Photo of 701 1318 Homer Street, Vancouver, BC

Bedroom 3 Photo of 701 1318 Homer Street, Vancouver, BC

Bedroom 4 Photo of 701 1318 Homer Street, Vancouver, BC

Guest Bathroom Photo of 701 1318 Homer Street, Vancouver, BC

Powder Room Photo of 701 1318 Homer Street, Vancouver, BC

Office / Den Photo of 701 1318 Homer Street, Vancouver, BC

Loft / Bonus Room Photo of 701 1318 Homer Street, Vancouver, BC

Basement Recreation Room Photo of 701 1318 Homer Street, Vancouver, BC

Laundry Room Photo of 701 1318 Homer Street, Vancouver, BC

Mudroom Photo of 701 1318 Homer Street, Vancouver, BC

Entry Foyer Photo of 701 1318 Homer Street, Vancouver, BC

Hallway Photo of 701 1318 Homer Street, Vancouver, BC

Staircase Photo of 701 1318 Homer Street, Vancouver, BC

Garage Interior Photo of 701 1318 Homer Street, Vancouver, BC

Outdoor Patio Photo of 701 1318 Homer Street, Vancouver, BC

Outdoor Deck Photo of 701 1318 Homer Street, Vancouver, BC

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.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator
Fireplace	0
Heating Type	Baseboard, Hot Water
Laundry	In Unit
# of Kitchens	1
Flooring	Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	No Outdoor Area
View Description	WATER AND DAVID LAM PARK
Roof	Torch-On
Structures	Multi Family, Residential Attached

Building Details

Price	$1,188,000
Total Bedrooms	3
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1247
Year Built	1995
Age Of Building	31
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Water
Building Name	Governor's Villa Ii
Ownership Type	Freehold Strata
Maintenance Fee	$1,009.95
Amenities Nearby	Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Water
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Underground, Side Access
Total Parking Spaces	2
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites	None
Units In Development	237

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3106441
Area	Vancouver West
Neighbourhood	Yaletown
City	Vancouver
Postal Code	V6B 6A7
Gross Taxes	$3,774.1
Zoning	CD-1

Property Timeline

Status	Date	Price
R3106441 / Active	04-01-2026	$1,188,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	18'1 x 18'1 ft
Main Level	Dining Room	10'7 x 10'7 ft
Main Level	Kitchen	7'10 x 7'10 ft
Main Level	Primary Bedroom	11'3 x 11'3 ft
Main Level	Bedroom	13'11 x 13'11 ft
Main Level	Bedroom	17'6 x 17'6 ft
Main Level	Solarium	10'8 x 10'8 ft
Main Level	Den	6'1 x 6'1 ft
Main Level	Foyer	4'3 x 4'3 ft

Bathrooms

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

Listed by: Grand Central 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: Governor'S Tower

388 Drake Street, Yaletown, Vancouver

Governor'S Tower building details

Building

Built: 1995
Homes: 237
Construction: Concrete
Title: Freehold Strata
Strata plan: LMS1725
Managed by: First Service Residential
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: Recreation FacilityManagementHot WaterHeatGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 2
Rentals: Allowed

Market at Governor'S Tower

For sale: 7
Median ask: $1.19M
Median $/sqft: $1,020
Days on market: 99
Sold, past year: 7

This home

$953/sqft, 6.6% below the building median of $1,020.

Homes for sale at Governor'S Tower, Vancouver Recent sold listings in Governor'S Tower, Vancouver

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

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 0.4 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

52 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $1,098,900

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

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

203 DOM

Slower than area

Yaletown avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

701 1318 Homer Street has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 7.5% 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. 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 263 m
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 404 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 754 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 769 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 770 m
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 855 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 937 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 947 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 —	N/A	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 —	N/A	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 —	N/A	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 701 1318 Homer St, Vancouver, BC

701 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

701 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 701 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 — 701 1318 Homer Street

2026 assessed value, sourced from City of Vancouver open data (PID 019-049-064).

Total Assessed Value (2026)

$1,172,000

-3.1% YoY

-0.9%/yr over 4 yr

2022 Value Trend 2026

Land

$741,000

Buildings

$431,000

Year Built

1995

Class

Comprehensive Development

Zoning

CD-1 (266)

Property Tax

$3,944

Year	Land	Improvements	Total Assessed	YOY Change
2026	$741,000	$431,000	$1,172,000	-3.1%
2025	$765,000	$445,000	$1,210,000	-1.8%
2024	$779,000	$453,000	$1,232,000	+5.1%
2023	$741,000	$431,000	$1,172,000	-3.7%
2022	$718,000	$499,000	$1,217,000	—

Mortgage Calculator for 701 1318 Homer Street

/month

Principal & Interest

Property Taxes $315

Maintenance fee 1009.95

Financing 80% of the $1,188,000 asking price over 30 years at 4% results in approximately $5,862/month in total estimated carrying costs, $315 property tax, $1,010 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.

Investment Cashflow Calculator

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Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $3,386/month in rental income, leaving a -$2,527/month cashflow at current carrying costs. Investors targeting break-even would need roughly 65% down.

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

Estateblock Rent Estimate for 701 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.