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$788,000

2705 1323 HOMER STREET

Vancouver · MLS® R3162551

All units at 1323 Homer St →

1 bed · 1 bath · 821 sq ft · 1 parking

Condo · Single Family · built 1993 · 31 days on market

Listed by Seva Roberts, RE/MAX Crest Realty

Realtor's description

Discover a stunning large one-bedroom plus solarium in the heart of Yaletown, boasting unobstructed views of False Creek and David Lam Park. This sun-filled home features a generous bedroom with a walk-in closet and a cheater ensuite with spa-inspired finishes, offering a serene retreat after a busy day. The open-concept kitchen delights with abundant cabinets and stainless steel appliances, perfect for both daily living and entertaining. Additional storage and parking are included, enhancing convenience. The building invites relaxation and activity with an indoor pool, gym, and exercise center, all within steps of vibrant restaurants, shops, and the waterfront.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 821 sq ft
Parking: 1
Year built: 1993
Property tax: $2,909 / yr
Strata fee: $525 / mo ($0.64 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 31
MLS®: R3162551

Buying in a building from 1982 to 2000: what to read first

Features

Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Typical for the area (-6.1%)

2026 assessment: $852,000 · asking is -7.5%
Price per sq ft: $960 vs $1,022 median for condos in Vancouver for sale (2039)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 31 days · no price changes so far

The market here

Listed now: 38 days; median for 2210 condos for sale; this one 31 days

Condos in Vancouver. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$852,000	$2,865

The listing shows $2,909 a year in property tax.

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$4,201/mo

Mortgage $3,433 · Tax $242 · Strata $525

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$3,433/ monthly

loan $630,400

25-year amortization

down payment20% · $157,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $399,572
property transfer tax: $13,760; BC general rate
cash to close: $171,360; down + PTT
total paid: $1,029,972

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $2,112/mo
After all costs: −$2,293/mo
Cap rate: 1.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,433 · tax $242 · strata $525 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in Downtown, Vancouver (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Vancouver also charges an empty homes tax. vancouver.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

Location

The building's lot: 6,824 m² (73,453 sq ft) · PID 018-053-076. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Elsie Roy Elementaryhomes in this catchment
300 m away · 150 Drake St, Vancouver · 604-713-5890
Secondary King George Secondaryhomes in this catchment
1.9 km away · 1755 Barclay St, Vancouver · 604-713-8999

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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