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Building & Condo Information

Governor's Villas I

1388 Homer St. Vancouver, BC V6B 6A7, Canada

Active Listings Amenities Construction Strata Property Documents Location Sales Kit Market Report

★ Building Specialist

Les Twarog

BC Condos and Homes Team

30+ Years Downtown & Westside Expert

604.671.7000 les@6717000.com

Levels9
Suites237
StatusCompleted
Built1995
Title to LandFreehold Strata
Strata PlanLMS1725
ConstructionConcrete
AreaVancouver West
NeighbourhoodYaletown

8 Active Listings 🔍 9 photos · slideshow

For Sale in Governor's Villas I & Complex

Date	Status	Address	Type	Bed	Bath	Price	Sqft	Strata Fee	Tax	Listed By
2026-08-10	Active	2101 388 Drake St.	Apartment Unit	3	2	$1,399,000 ($1,152/sf)	1214	$939	$3944 (2026)	Prompton Real Estate Services Inc.
2026-01-06	Active	1603 388 Drake St.	Apartment Unit	2	2	$1,388,000 ($1,131/sf)	1227	$1001	$4445 (2025)	TRG The Residential Group Realty
2026-06-08	Active	2505 388 Drake St.	Apartment Unit	2	2	$1,290,000 ($1,073/sf)	1202	$961	$4301 (2025)	Nu Stream Realty Inc.
2026-09-16	Active	705 388 Drake St	Single Family	2	2	$1,198,800 ($997/sf)	1202	$978	$4142 (2026)	Rennie & Associates Realty Ltd.
2026-08-18	Active	802 388 Drake St.	Single Family	2	2	$1,195,000 ($987/sf)	1211	$986	$4465 (2026)	eXp Realty of Canada Inc.
2026-04-01	Active	701 1318 Homer St.	Apartment Unit	3	2	$1,188,000 ($953/sf)	1247	$1010	$3774 (2025)	Grand Central Realty
2026-07-28	Active	1206 388 Drake St.	Apartment Unit	2	2	$999,000 ($858/sf)	1164	$947	$3709 (2025)	Framework Marketing Inc.
2026-06-08	Active	507 388 Drake St.	Apartment Unit	2	2	$849,000 ($1,020/sf)	832		$2729 (2025)	RE/MAX Crest Realty
		Avg				$1,188,350	1162

Governor's Villas I Sold History (last 24 months)

Sold Date	Address	Bed	Bath	Sqft	Asking	Sold Price	DOM	Strata Fee	Tax	Listed By
2026-07-24	806 1318 Homer St.	2	2	1112	$1,248,000	$1,190,000 ($1,070/sf)		$876	$3596 (2025)	Engel & Volkers Vancouver
2026-06-15	1102 1318 Homer St.	3	2	1355	$1,398,000	$1,337,000 ($987/sf)		$1065	$4582 (2025)	FaithWilson Christies International Real Estate
2026-05-05	802 1318 Homer St.	2	2	1066	$1,198,000	$1,176,500 ($1,104/sf)		$868	$4105 (2025)	Rennie & Associates Realty Ltd.
2026-03-21	603 1318 Homer St.	3	2	1232	$1,448,000	$1,400,000 ($1,136/sf)		$961	$4488 (2025)	Engel & Volkers Vancouver
2026-02-08	1603 388 Drake St.	2	2	1227	$1,388,000	$1,245,000 ($1,015/sf)		$1001	$4445 (2025)	TRG The Residential Group Realty
2026-01-14	1306 388 Drake St.	2	2	1164	$930,000	$922,500 ($793/sf)		$947	$3690 (2025)	RE/MAX Westcoast
2025-08-07	801 1388 Homer St.	3	2	1337	$1,930,000	$1,930,000 ($1,444/sf)		$1070	$5664 (2024)	Sotheby''s International Realty Canada
2025-06-26	505 1318 Homer St.	2	2	1107	$1,188,000	$1,125,000 ($1,016/sf)		$884	$3860 (2024)	Macdonald Realty
2025-06-05	505 1338 Homer St.	2	2	1112	$1,098,000	$980,000 ($881/sf)		$847	$3199 (2023)	RE/MAX Crest Realty
2025-05-02	1101 1318 Homer St.	2	2	1095	$1,225,000	$1,125,000 ($1,027/sf)		$876	$3515 (2024)	RE/MAX Masters Realty
2025-04-08	1006 388 Drake St.	2	2	1157	$1,299,000	$1,269,500 ($1,097/sf)		$930	$3711 (2025)	Keller Williams Ocean Realty VanCentral
2025-03-19	2701 388 Drake St.	2	2	1162	$968,000	$1,028,000 ($885/sf)		$922	$3815 (2024)	Homeland Realty
2024-12-15	605 1338 Homer St.	2	2	1083	$1,050,000	$960,000 ($886/sf)		$868	$3388 (2024)
2024-08-20	206 1338 Homer St.	3	2	1205	$1,190,000	$1,150,000 ($954/sf)		$922	$2957 (2023)
2024-07-10	606 1338 Homer St.	3	2	1154	$1,450,000	$1,280,000 ($1,109/sf)		$884	$3207 (2023)	Link Brokerage Inc.
2024-04-24	1208 1328 Homer St.	3	2	1340	$2,488,888	$2,500,000 ($1,866/sf)		$1026	$5824 (2023)	Coldwell Banker Marquise Realty
2024-01-30	1107 1328 Homer St.	3	2	1591	$1,995,000	$1,958,000 ($1,231/sf)		$1048	$5699 (2023)	Oakwyn Realty Encore
2023-09-23	3203 388 Drake St.	3	4	2103	$2,249,000	$2,028,888 ($965/sf)		$1507	$7162 (2022)	Nu Stream Realty Inc.
2023-08-15	1008 1328 Homer St.	2	2	956	$1,149,000	$1,120,000 ($1,172/sf)		$681	$2870 (2023)	Rennie & Associates Realty Ltd.
2023-08-07	603 388 Drake St.	2	2	1230	$1,249,000	$1,205,000 ($980/sf)		$882	$3537 (2022)
2023-07-27	2203 388 Drake St.	2	2	1227	$1,488,000	$1,452,000 ($1,183/sf)		$882	$4102 (2022)
2023-06-02	101 1398 Homer St.	2	2	1050	$1,195,000	$1,157,500 ($1,102/sf)		$757	$2548 (2022)	Prompton Real Estate Services Inc.
2023-05-11	1702 388 Drake St.	2	2	1222	$1,698,800	$1,650,000 ($1,350/sf)		$868	$4132 (2022)	eXp Realty
2023-04-18	703 1318 Homer St.	3	2	1240	$1,268,000	$1,230,000 ($992/sf)		$861	$3639 (2022)
2023-04-07	1803 388 Drake St.	2	2	1231	$1,488,000	$1,450,000 ($1,178/sf)		$882	$4005 (2022)	Rennie & Associates Realty Ltd.
2023-03-22	907 1328 Homer St.	2	2	1123	$1,388,000	$1,388,000 ($1,236/sf)		$792	$3028 (2022)	Oakwyn Realty Ltd.
2023-02-17	2202 388 Drake St.	2	2	1227	$1,675,000	$1,595,000 ($1,300/sf)	36	$868	$4256 (2022)	Macdonald Realty Westmar
2023-02-14	807 1328 Homer St.	2	2	1108	$1,150,000	$1,050,000 ($948/sf)	6	$792	$3049 (2022)	Sotheby's International Realty Canada
2022-12-29	707 1328 Homer St.	3	2	1267	$1,190,000	$1,166,000 ($920/sf)	101	$858	$3335 (2022)	Interlink Realty
2022-07-04	1701 388 Drake St.	3	2	1222	$1,299,000	$1,265,000 ($1,035/sf)	13	$802	$3712 (2021)	Royal Pacific Lions Gate Realty Ltd.
2022-06-18	2205 388 Drake St.	2	2	1202	$1,797,000	$1,760,000 ($1,464/sf)	47	$836	$3891 (2021)	RE/MAX Masters Realty
2022-06-06	507 388 Drake St.	2	2	832	$799,000	$783,000 ($941/sf)	14	$566	$2271 (2021)	Interlink Realty
2022-05-18	2103 388 Drake St.	2	2	1230	$1,499,000	$1,499,000 ($1,219/sf)	42	$870	$4177 (2021)	RE/MAX Real Estate Services
2022-05-13	201 1318 Homer St.	3	2	1260	$1,198,000	$1,150,000 ($913/sf)	10	$863	$3271 (2021)	Stilhavn Real Estate Services
2022-04-27	603 1388 Homer St.	2	2	1050	$1,135,000	$1,100,000 ($1,048/sf)	23	$728	$2961 (2021)	Oakwyn Realty Ltd.
2022-03-14	1002 388 Drake St.	2	2	1211	$1,628,000	$1,705,000 ($1,408/sf)	5	$843	$4092 (2021)	Sotheby's International Realty Canada
2022-03-08	1305 388 Drake St.	2	2	1202	$1,599,000	$1,585,000 ($1,319/sf)	4	$836	$3601 (2021)	RE/MAX Masters Realty
2022-03-01	307 388 Drake St.	2	2	832	$829,900	$885,000 ($1,064/sf)	8	$566	$2122 (2021)	Sutton Group-West Coast Realty
2022-02-21	901 1318 Homer St.	1	1	1159	$1,125,000	$1,125,000 ($971/sf)	20	$762	$2935 (2020)	Royal Pacific Realty (Kingsway) Ltd.
2022-02-20	208 1328 Homer St.	3	2	1198	$1,098,000	$1,095,000 ($914/sf)	17	$812	$2979 (2021)	Heyday Realty Inc.
2022-02-15	507 1328 Homer St.	2	2	1135	$1,100,000	$1,020,000 ($899/sf)	88	$769	$2970 (2020)	Livingstone Realty Inc.
2022-01-31	603 1318 Homer St.	3	2	1228	$1,468,000	$1,440,000 ($1,173/sf)	7	$836	$3718 (2021)	Engel & Volkers Vancouver
2022-01-11	1205 388 Drake St.	2	2	1202	$1,249,900	$1,400,000 ($1,165/sf)	6	$836	$3636 (2021)	Stonehaus Realty Corp.
2022-01-03	505 388 Drake St.	2	2	1056	$1,195,000	$1,100,000 ($1,042/sf)	32	$676	$3087 (2021)	Sutton Group-West Coast Realty
2021-11-12	708 1328 Homer St.	2	2	1010	$975,000	$942,888 ($934/sf)	129	$655	$2853 (2021)	Prompton Real Estate Services Inc.
2021-11-09	907 1328 Homer St.	2	2	1130	$1,139,000	$1,128,000 ($998/sf)	15	$746	$3189 (2021)	Team 3000 Realty Ltd.
2021-08-13	1905 388 Drake St.	2	2	1200	$1,668,000	$1,626,000 ($1,355/sf)	1	$812	$3783 (2021)	Luxmore Realty
2021-07-12	2902 388 Drake St.	3	3	2150	$2,980,000	$2,260,000 ($1,051/sf)	174	$1277	$7404 (2020)	LeHomes Realty Premier
2021-04-12	1706 388 Drake St.	2	2	1163	$1,388,000	$1,365,000 ($1,174/sf)	24	$786	$3166 (2020)	RE/MAX Crest Realty
2021-04-11	103 388 Drake St.	2	2	1252	$1,699,900	$1,680,000 ($1,342/sf)	139	$845	$4521 (2020)	Oakwyn Realty Downtown Ltd.
2021-04-09	2503 388 Drake St.	2	2	1228	$1,398,000	$1,350,800 ($1,100/sf)	37	$831	$3983 (2020)	Heller Murch Realty
2021-03-21	1506 388 Drake St.	3	2	1200	$1,368,000	$1,338,000 ($1,115/sf)	26	$744	$3076 (2020)	Macdonald Realty
2021-03-02	607 1328 Homer St.	2	2	1115	$1,165,000	$1,165,000 ($1,045/sf)	33	$733	$3346 (2019)	Livingstone Realty Inc.
2021-02-06	2602 388 Drake St.	2	2	1225	$1,699,888	$1,675,000 ($1,367/sf)	120	$818	$4179 (2020)	Sutton Group-West Coast Realty
2020-07-11	805 1338 Homer St.	2	2	1124	$1,299,900	$1,280,000 ($1,139/sf)	4	$707	$3044 (2020)	Oakwyn Realty Downtown Ltd.

Sold data from the MLS® feed for strata plan LMS1725. Showing the 15 most recent sales from the last 24 months; expand for up to 80.

Governor's Villas I Market Summary

Governor's Villas I at 1388 Homer St. — currently 8 active listings averaging $1,188,350. In the past year 6 units sold at an average of $1,211,833.

Active Listings8

Avg Asking Price$1,188,350

Sold (1 Year)6

Avg Sold Price$1,211,833

Avg $/Sqft$1,017

Value & Financing

Price Positioning

$1022 /sq ft

Active listings here average $1022/sf vs $1103/sf across Yaletown.

7% below area average

Mortgage Snapshot

$4,066 /mo

Entry price (from)$849,000

20% down payment$169,800

Rate / amortization5.24% · 25 yr

Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Overview

Governor's Villas - 1388 Homer Street, Vancouver, BC V6B 6A7, LMS1725 - located in Downtown area of Vancouver West, near the crossroads Homer Street and Pacific Boulevard. Governor's Villas is situated within 4 blocks are George Wainborn Park, Roundhouse Community Center, Urban fare and Elsie Roy Elementary School. Governor's Villas I is walking distance to Choices Market, Emery Barnes Park, Vancouver International Film Centre, Helmcken Park, Starbucks Coffee, Blenz Coffee, Pacific Cinematheque, Wall Centre, Language Studies International, Royal Bank, Scotia Bank, Spa and UBC Robson Square, Seawall, Quayside Marina at Concord Pacific Place, Scotiabank Dance Center, CSIL Canadian As A Second Language Institute, Spa Beauty and Welness Centre, Exhale Yoga Pilates & Dance Studios, Pacific Chiropractic, Massage Therapy, Bambu The Salon, Dairy Queen, Yaletown YYoga, 24-7 Fitness in Yaletown, Kostuik Gallery, Shoppers Drug Mart, BC Place and Contemporary Art Gallery. Restaurants in the neighbourhood are La Terazza, Games Big Fish, Earls, Yaletown Keg Steakhouse and Bar, Urban Thai Bistro, Hapa Izakaya, Cactus Club Cafe, George Lounge, Fresh Japanese Take out, Drew Cooks and much more. The bus stops near the complex and Yaletown-Roundhouse Skytrain Station is less than 5-minute walk from the complex. Governor's Villas was built in 1995 by Concord Pacific and has 23 suites on 9 floors. The building was rain-screened in 2010. Governo's Villas consists of 237 units with 135 units at 388 Drake Street and 102 units at 1318 - 1398 Homer Street. These buildings share great facilities that include secure underground parking, heated 70' indoor swimming pool, a hot tub, an exercise centre, a playground, a sauna, a craft room, a garden, a bike storage, secure entry, a surveillance system and a 24-hour concierge. Most homes offer in-suite laundry, storage lockers, great layouts and large living/dining areas. The kitchens originally had white appliances but many have been updated to granite counters and stainless steel appliances. Some homes have David Lam Park and False Creek views.

Amenities / Features

None

Maintenance Fees Include

Caretaker

Garbage Pickup

Gardening

Heat

Hot Water

Management

Recreation Facility

Location / Site Influences

Central Location

Marina Nearby

Recreation Nearby

Shopping Nearby

Construction & Development

Construction	Concrete
Exterior Finish	Mixed
Roof	Other
Foundation	Concrete Perimeter
Rain Screen	Full
Developer	Concord Pacific
Management Company	First Service Residential

Strata Information

Strata Plan	LMS1725
Strata Web Site	www.governorstowers.com
Building Type	Strata
Title to Land	Freehold Strata
Units in Strata	237
Units in Development	23
Management Company	First Service Residential — 604-683-8900
PID	100000000
Bylaws / Restrictions	PETS ALLOWED,RENTALS ALLOWED
Parking / Storage	Garage; Underground

Building Contact Info

Concierge	Dave Main Concierge — 604-899-6056 governorstv@yahoo.com
Caretaker	604-684-6291

Property Documents

📐 Floor Plans (12) 🔒 » 📐 Floor Plates (7) 🔒 » 📄 Strata Plan 🔒 » 📗 Property Sales Kit »

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Governor's Villas I

📞 604.671.7000 Contact

Frequently Asked Questions — Governor's Villas I

What year was Governor's Villas I built?

Governor's Villas I was built in 1995.

How many units are in Governor's Villas I?

Governor's Villas I has 237 strata units across 9 levels.

What amenities does Governor's Villas I offer?

NONE.

Is Governor's Villas I pet-friendly, and what are the bylaws?

Governor's Villas I bylaws/restrictions: PETS ALLOWED,RENTALS ALLOWED.

Who is the property manager for Governor's Villas I?

Governor's Villas I is managed by First Service Residential, 604-683-8900.

What is the strata plan number for Governor's Villas I?

The strata plan number for Governor's Villas I is LMS1725.

Is Governor's Villas I freehold or leasehold?

Governor's Villas I is FREEHOLD STRATA.

Where is Governor's Villas I located?

Governor's Villas I is located at 1388 Homer St. in Vancouver West, Vancouver.

How is the real estate market at Governor's Villas I?

In the past year 6 units sold at Governor's Villas I, averaging $1,211,833; there are currently 8 active listings for sale.

Les Twarog & Team

RE/MAX Crest Realty · Your Governor's Villas I specialist

Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

📞 604.671.7000 ✉️ Email 💬 Text

Listings for Sale Near Governor's Villas I 🔎 MLS® Search »

Active listings nearby80

Average price$1,355,494

From$125,000

Up to$6,999,000

Summary — 50 nearest listings

Address	Bed	Bath	Sqft	Price
B110 1331 Homer St.	3	2	1209	$1,149,900
B901 1331 Homer St.	1	1	806	$729,000
1404 1323 Homer St.	1	1	732	$889,000
2706 1323 Homer St.	1	1	457	$508,000
1904 1323 Homer St.	1	1	750	$798,000
1602 1323 Homer St.	1	1	764	$679,000
301 1323 Homer St.	2	2	1221	$1,100,000
1102 1323 Homer St.	1	1	756	$699,000
601 1408 Strathmore Mews	2	2	1060	$1,268,000
608 1323 Homer St.	2	1	929	$839,900
701 1318 Homer St.	3	2	1247	$1,188,000
802 388 Drake St.	2	2	1211	$1,195,000
2002 1408 Strathmore Mews	2	2	982	$1,339,000
708 1408 Strathmore Mews	2	2	1062	$1,349,000
3005 1408 Strathmore Mews	1	1	583	$648,000
908 1408 Strathmore Mews	2	2	1072	$1,199,800
2501 1408 Strathmore Mews	2	2	1069	$1,430,000
1603 388 Drake St.	2	2	1227	$1,388,000
1206 388 Drake St.	2	2	1164	$999,000
507 388 Drake St.	2	2	832	$849,000
2505 388 Drake St.	2	2	1202	$1,290,000
2101 388 Drake St.	3	2	1214	$1,399,000
705 388 Drake St	2	2	1202	$1,198,800
1601 499 Pacific	2	2	1038	$1,668,000
4201 499 Pacific St.	3	4	3507	$6,999,000
1383 Richards St.			450	$138,000
2006 1483 Homer St.	2	2	1075	$1,749,000
1502 1483 Homer St.	2	2	1172	$1,799,000
1485 Homer St.	3	3	2109	$2,980,000
2410 501 Pacific St.		1	515	$514,988
1710 501 Pacific St.		1	512	$519,000
304 1295 Richards St.	1	1	594	$499,900
2600 1280 Richards St.	2	3	2608	$4,398,000
2307 501 Pacific St.	1	1	624	$599,900
2410 501 Pacific St.		1	515	$529,000
2210 501 Pacific St.	1	1	513	$500,000
609 501 Pacific St.	1	1	625	$589,000
2410 501 Pacific St.		1	515	$549,000
2009 501 Pacific St.	1	1	638	$671,000
3002 1438 Richards St.	2	2	1130	$1,398,000
1906 1438 Richards St.	1	1	760	$828,000
3601 1438 Richards St.	3	3	1825	$3,098,000
2206 1438 Richards St.	1	1	755	$899,900
1268 Homer St.			647	$125,000
1260 Richards St.	2	3	1706	$2,198,800
701 289 Drake St.	2	3	1438	$1,290,000
201 289 Drake St.	2	3	1355	$1,188,000
608 1238 Richards St.	1	1	947	$1,050,000
401 1238 Richards St.	1	1	502	$499,900
2601 1238 Richards St.	3	2	1504	$1,690,000