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

$1,388,000
Est. Mortgage $6,140/mo
Governors Tower
3 Beds
2 Baths
1240 sqft
1119 $ /sqft
925 $ Maint. fee
1994 built
$1,388,000
Est. $6,140/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 303 1388 Homer Street

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

42 / 100
Overall sell-speed score
May take longer
C
Price competition grade
Avg comparable: $1,197,983
Market conditions
Market conditions unavailable
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
113 DOM
Listed
Yaletown avg
Vancouver avg

303 1388 Homer Street has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 13.7% above comparable active properties in Yaletown. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

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 days 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

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 303 1388 Homer Street

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

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

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 95

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
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

/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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
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.

Price vs Neighbourhood Average — Yaletown, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,388,000
Vancouver Loading...
Yaletown Loading...

Based on 14 comparable active apartments/condos in Yaletown, the average asking price is $1,194,750. This listing is priced 16.2% above the neighbourhood average.

Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 303 1388 Homer Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 95

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
86

Bike Score - Very Bikeable

Biking is convenient for most trips

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