Home > All listings > 801 1388 Homer Street

$1,999,000

801 1388 Homer Street

Yaletown, Vancouver, BC, V6B 6A7

3 | 2 | 2 | 1,337 sq.ft. | Year Built: 1994 |

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Enjoy waterfront lifestyle in the heart of Yaletown in this spectacular 3bed,2bath penthouse, perched above David Lam Park, only steps from the Seawall and False Creek. Step out of the elevator directly into your own private lobby. Inside,natural light pours through floor-to-ceiling windows on 3 sides. Soak in the sun & scenery from the expansive 1,133 sf private wraparound patio. The master bedroom features its own private balcony. The resort style amenities in Governor's Tower & Villa include swimming pool, hot tub, sauna, workout room, playgrounds and gardens. This unit features 2 conveniently located secured parking stalls and plenty of storage.This unique gem, steps from shopping, dining, concerts, and the Skytrain won’t last. Take action on this exceptional property now b4 it's gone.

Property Info

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MLS®: R3021982

Listing Courtesy of Sotheby's International Realty Canada

Total Bedrooms 3

Total Bathrooms 2

Floor Space 1337 sq.ft.

Title Type Freehold Strata

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $1,999,000

Unit Pricing $1,495/sq.ft.

Strata Fee $1069.68

Tax Estimate $5,664/Year

Year Built 1994

Interior Features

Rooms

Main Living Room 15'4 * 23'9

Main Dining Room 9'8 * 9'11

Main Kitchen 13'5 * 8'9

Main Solarium 8' * 8'7

Main Primary Bedroom 12' * 11'

Main Bedrooms 12' * 13'3

Main Bedrooms 8'11 * 13'9

Main Foyer 1'10 * 3'10

More Details

Storey 1

Floor Space Finished 1337.00 sq.ft.

Rules Cats OK, Dogs OK, Yes With Restrictions

Roof XXXXX

Zoning CD-1

Floor Finish XXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Underground, Side Access, Garage Door Opener

Parking Cover 2

Parking Total 2

Fuel Heating Baseboard, Hot Water

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: Penthouse
MLS Area Major: Vancouver West
Street Name: Homer
City: Vancouver
State Or Province: BC
Postal Code: V6B 6A7
Year Built Effective: 2012
Property Type: Residential
Property Sub Type: Apartment/Condo

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 2

Interior Features

Fireplaces Total: 1
Flooring: Hardwood, Mixed, Tile
Basement: None
Interior Features: Elevator

Exterior Features

Exterior Features: Garden, Playground, Private Yard
Roof: Other
Pool Features: Indoor

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1994
Year Built Effective: 2012
Building Area Total: 1337
Living Area: 1337

Lot Information

Lot Features: Central Location, Marina Nearby, Recreation Nearby
Parcel Number: 019048645

Sold History

Selling

R3021982 Condo Jul 2, 2025 Listed $1,999,000

R3006627 Condo Jul 2, 2025 Removed $2,150,000

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OPEN HOUSES

2025-07-20 05:00 PM - 06:00 PM

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City Introduction

Overview of Vancouver, BC, Canada

Population

Vancouver is the largest city in British Columbia, with a population of approximately 660,000 (2023). The Greater Vancouver area has over 2.6 million residents. Vancouver is one of Canada's most diverse cities, with significant Chinese, South Asian, and Filipino communities.

Economy

Key Industries: Technology, film production, tourism, port trade, and real estate.
Tech Hub: Known as the "Silicon Valley of the North," Vancouver is home to numerous tech companies and startups.
Film Industry: Vancouver is the third-largest film production center in North America, after Los Angeles and New York.
Port Trade: The Port of Vancouver is Canada's largest port, connecting Asian and North American markets.

Living Features

Natural Environment: Vancouver is renowned for its stunning natural scenery, including Stanley Park, English Bay, and the North Shore Mountains.
Climate: Mild winters and cool summers make it ideal for outdoor activities.
Education: Home to prestigious universities like the University of British Columbia (UBC) and Simon Fraser University (SFU).
Multiculturalism: A vibrant multicultural community with diverse dining and cultural events.

Real Estate Investment

Prices: Vancouver is one of Canada's most expensive cities, with detached homes averaging $2 million CAD and condos around $800,000 CAD (2023).

Opportunities:

Strong demand from immigrants and students ensures a robust rental market.
Limited land supply and population growth support long-term price appreciation.

Risks:

High prices and foreign buyer taxes (20%) may increase investment costs.
Vacancy taxes and property taxes are relatively high, requiring careful financial planning.

Verdict

Vancouver is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Kitsilano and West End, while Downtown and Broadway corridor condos are attractive for investors.

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