512 1216 Homer Street — Vancouver West


$ 450,000 FOR SALE MLS# R3179044
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The only heritage unit for sale under $500,000 in Vancouver! The Murchies is a boutique 1912 heritage conversion, transformed into lofts in 1997, & this studio is full of character. Original reclaimed fir floors from the warehouse, exposed concrete beams, & swing windows fill the space with light. A cast stone fireplace sets the stage, and the spacious kitchen and built-in desk area are timeless. The custom Murphy bed has a drop-down table, perfect for hosting. Enjoy the common rooftop terrace with seating and BBQ area. One storage locker, pet friendly. Steps to the Canada Line, the seawall, and Yaletown's finest shopping and dining. Meticulously cared for by the same owner for 11 years, and now it's time for the next owner to make it theirs!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms
Bathrooms1
Living Area462 sqft
Property TypeResidential – Apartment/Condo
StyleLoft/Warehouse Conv., Other
MLS® R3179044
StatusActive
Listing BrokerEngel & Volkers Vancouver

Property History

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

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Market Overview

Yaletown · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos280
Median Asking Price $ 998,000 $ 450,000
Median Price per SqFt $1,092 $974
Median Days on Market 54
Sold Properties Oct 2026Sep 2026Oct 2025
Condos 29 ▼34.1% 30 44
Median Selling Price $ 817,000 ▼0.3% $ 1,062,500 $ 819,500
Median Price per SqFt $1,058 ▼3.4% $1,117 $1,095
Median Days on Market 371923
Median Discount Off Ask 4.2%3.0%3.7%
New Listings 628633
Months of Inventory 8.2

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.