503 1216 Homer Street — Vancouver West


$ 409,000 FOR SALE MLS# R3147348
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Rarely available in this historic Murchies building at this unbeatable price point. This beautiful studio has been recently renovated and is ready for you to move in as your new home in Yaletown or ideal pied-à-terre. You'll find refinished hardwood flooring, fresh paint, new lighting as well as a custom murphy bed and plenty of inbuilt storage, as well as a separate storage locker. Fantastic rooftop terrace makes it easy to host your friends for gatherings. Everything is here at your doorsteps, the cities best restaurants, cafes, watering holes, SkyTrain (to the airport) the seawall, as well as many parks. Plenty of parking options in the neighbourhood. Call/text now for more details and to arrange your private showing.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms
Bathrooms1
Living Area400 sqft
Property TypeResidential – Apartment/Condo
StyleLoft/Warehouse Conv.
MLS® R3147348
StatusActive
Listing BrokerOakwyn Realty Ltd.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
2 events on record for this property

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Market Overview

Yaletown · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos218
Median Asking Price $ 1,024,500 $ 409,000
Median Price per SqFt $1,121 $1,023
Median Days on Market 56
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 1 ▼96.9% 2 32
Median Selling Price $ 640,000 ▼39.3% $ 614,000 $ 1,055,000
Median Price per SqFt $961 ▼13.7% $1,050 $1,113
Median Days on Market 537334
Median Discount Off Ask 8.4%4.0%3.5%
New Listings 435911
Months of Inventory 14.9

At the current sales pace, it would take about 15 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

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.