406 1228 Homer Street — Vancouver West


$ 799,000 FOR SALE MLS# R2885371
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Welcome to the The Ellison Vancouver’s finest boutique loft and heritage conversion in the heart of Yaletown! This 1-bed, 1-bath home comes with a spacious 800 Sq. ft. open concept floorplan with generous amounts of in-suite storage, floor-to-ceiling west facing windows allowing for natural light, and beautiful light beige vinyl flooring throughout. The well-designed kitchen comes with a Jenn-air appliance package, white glass backsplash, vinyl and slick white cabinetry, and elegant grey quartz counters with a true kitchen island! This home also features a 5 piece bathroom with access from entry hall and bedroom with oversized grey tile flooring & backsplash! 1 Storage included. Central location near the best restaurants, boutique shops, stores and much more! Don’t miss this opportunity!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms1
Bathrooms1
Living Area817 sqft
Property TypeResidential – Apartment/Condo
StyleLoft/Warehouse Conv.
MLS® R2885371
StatusTerminated
Listing BrokerVIRANI REAL ESTATE ADVISORS

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
Condos644
Median Asking Price $ 1,050,000 $ 799,000
Median Price per SqFt $1,229 $978
Median Days on Market 672
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 555312
Months of Inventory 43.9

At the current sales pace, it would take about 44 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.