503 1228 Homer Street — Vancouver West


$ 865,000 FOR SALE MLS# R3163900
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Welcome to The Ellison -an exclusive 28 residence heritage conversion in the true heart of Yaletown. This exceptional SUB-PH loft offers over 800 sf on one level, with soaring 10’ ceilings, floor to ceiling windows & a refined blend of historic character & contemporary design. Wood & concrete feature walls, a fireplace, custom built-ins, generous storage & a dedicated office elevate the interiors, while sliding walls allow the bedroom to transition seamlessly between open loft living and private retreat. A spa inspired 5-piece ensuite & separate powder room complete the home. The rare standout is a private patio directly off the main living space, overlooking historic Hamilton Street. Large storage locker included & Parking stall available to purchase under ML#R3163886.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area807 sqft
Property TypeResidential – Apartment/Condo
MLS® R3163900
StatusActive
Listing BrokerOakwyn Realty Ltd.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

Yaletown · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos277
Median Asking Price $ 989,000 $ 865,000
Median Price per SqFt $1,094 $1,072
Median Days on Market 57
Sold Properties Oct 2026Sep 2026Oct 2025
Condos 21 ▼52.3% 30 44
Median Selling Price $ 899,900 ▲9.8% $ 1,062,500 $ 819,500
Median Price per SqFt $1,063 ▼2.9% $1,117 $1,095
Median Days on Market 371923
Median Discount Off Ask 3.8%3.0%3.7%
New Listings 438833
Months of Inventory 8.1

At the current sales pace, it would take about 8 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Yaletown: Number of Sales

Yaletown: Median Sold Price

Yaletown: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Yaletown. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.