512 1216 Homer St, Vancouver BC - Apartment/Condo for Sale - MLS# R3110428

$489,000
Est. Mortgage $2,163/mo
Murchies
0 Beds
1 Baths
462 sqft
1058 $ /sqft
302.83 $ Maint. fee
1997 built
$489,000
Est. $2,163/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 512 1216 Homer Street

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 $489,000
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® # R3110428
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6B 6K5
Gross Taxes $1,515.49
Zoning HA3

Property Timeline

Status Date Price
R3110428 / Active 04-13-2026 $489,000
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

Secondary
King George Secondary School
1.89 km
Elementary
Elsie Roy Elementary School
Average
0.33 km
6.1/10

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

Private Schools

Elementary
Anchor Point Montessori
0.56 km
Secondary
Pattison School
0.65 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

48 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $475,015
Market conditions
Market conditions unavailable
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
87 DOM
Listed
Yaletown avg
Vancouver avg

512 1216 Homer Street has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.9% above comparable active properties in Yaletown. 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 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 512 1216 Homer Street

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

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

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
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

/month
Principal & Interest
Property Taxes $126
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $2,297/month in total housing costs on this $489,000 property — $1,868 mortgage payment, $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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $1,858/month estimated rent and $2,354/month in total housing costs, this property has a -$496/month cashflow. Break-even down payment: approximately 42%.
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 $489,000
Vancouver Loading...
Yaletown Loading...

Based on 9 comparable active apartments/condos in Yaletown, the average asking price is $465,500. This listing is priced 5% 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 512 1216 Homer Street

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
85

Bike Score - Very Bikeable

Biking is convenient for most trips

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