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506 388 DRAKE STREET

Address
506 388 DRAKE STREET, Vancouver BC V6B 6A8
List Price
$1,149,000
Est. $5,374/month
Beds
2
Baths
2
Sq Ft
1,043
Type
Apartment/Condo
Structure
Multi Family, Residential Attached
Year Built
1994
Size
1,043 sqft
Parking
1 parking spot
Stories
35
Taxes
$3,167.87 /yr (2024)
Strata
$829.39/mo
Pets
Yes With Restrictions
Status
For Sale
MLS®#
R2983282
Walk Score
98
Added
Updated
Listed By
Oakwyn Realty Ltd.
MLS RECIPROCITY

Property Description

Experience the best of Yaletown living in this spacious 1,043 sq. ft. 2 bed + 2 bath + den home, perfectly located across from David Lam Park and steps from top restaurants, and vibrant community spaces. This residence features luxurious finishes, including marble tiles in the primary ensuite and premium fixtures from Kohler and Grohe. The sleek kitchen boasts Miele appliances and a built-in coffee maker. Tastefully updated over the years, this home offers an opportunity to add final personal touches to select cabinetry, closets, and lighting. The building offers top-tier amenities, including a large indoor pool, hot tub, sauna, and a well equipped fitness center. A rare chance to own in one of Vancouver’s most sought-after neighborhoods!

This Apartment/Condo home located at 388 Drake Street, Vancouver is currently for sale and has been available on Strawhomes.com for 413 days. This property is listed at $1,149,000 with an estimated mortgage of $5,374* per month. It has 2 beds, 2 bathrooms, and is 1,043 square feet. The property was built in 1994. 506 388 Drake Street, Vancouver BC V6B 6A8 is in the Yaletown Condos neighbourhood Vancouver. False Creek, Fairview VW and Downtown VW are nearby neighborhoods.

Facts & Features

Property

Area Minor
Yaletown
Postal Code
V6B 6A8
Property Sub Type
Apartment/Condo
Year Built
1,994
Size (Interior)
1,043 sqft
Building Area Total
1,043 sqft
Area Major
Vancouver West
Property Type
Residential
Status
Active
Last Modified
2026-05-13

Inside

Bathrooms
2
Main Level Bathrooms
Laundry Features
In Unit
Rooms
Above Grade Finished Area
Below Grade Finished Area
Bedrooms
2
Interior Features
Elevator

Building

Roof
Other
Floor Area Below Grade
Stories
35
Heating
Baseboard, Hot Water
Foundation
Concrete Perimeter
Structure
Multi Family, Residential Attached
View
Yes
View Description
City, Park, Water
Common Walls
2+ Common Walls
Spa Features
Swirlpool/Hot Tub
Construction
Concrete, Other, Brick (Exterior), Concrete (Exterior), Mixed (Exterior)
Exterior Features
Playground, No Outdoor Area, Private Yard

Parking

Parking Space (A)
1
Parking Features
Underground, Side Access
Garage
Yes

Fees

Taxes
$3,167.87
Tax Year
2,024
Maintenance Fee
$829.39/month
Common Elements Included
Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Water

Utilities

Utilities
Community, Electricity Connected, Natural Gas Connected, Water Connected
Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Water Source
Public

Highlights

Building Amenities
Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Water
Community Features
Shopping Nearby

Land

Lot Features
Central Location, Cleared, Marina Nearby, Recreation Nearby

Listing Details

MLS® Number
R2983282
Ownership
Freehold Strata
Age
32 years
Main Floor Finished Area
1,043 sqft
Listing Source
GVR – FVREB – CADREB – BCNREB – Resi
Pets Allowed
Yes With Restrictions

Additional Property Details

Above Grade Finished Area
Below Grade Finished Area
Basement Finished Area
Main Floor Finished Area
Main Level Bathrooms
Age of Building
Legal Description
Distance to Transit
Rentals Allowed
Management Company
Restrictions
Age Restriction
Fireplace Features
Patio & Porch
Fencing
Covered Parking Places

Rooms

lockSign in to view room details

Sold History

Listing records and last sold date for 506 388 DRAKE STREET, Vancouver BC V6B 6A8, Vancouver

MLS® #DateEventPrice
XXXXXXXXXXXxx XX, XXXXListed

Location

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About: 506 506 388 DRAKE STREET, Vancouver BC V6B 6A8, Vancouver

Explore 4,596 condominiums for sale in Vancouver to find your ideal property.

This freehold apartment/condo was built in 1994 and is currently listed at $1,102 per square foot. Monthly strata fees for this unit are $829.39. The property offers 1 parking space, a garage, scenic views. Annual property taxes were assessed at $3,168 in 2024.

506 506 388 DRAKE STREET, Vancouver BC V6B 6A8 is in the city of Vancouver, British Columbia and found in the community of Yaletown in Vancouver.

Nearby neighbourhoods include False Creek, Downtown VW and Downtown VE. Drake has 15 homes currently on the market, while the district of Yaletown has 250 postings on the market. That's just 5.4% of the 4,596 total listings for sale in the city of Vancouver. In Yaletown, the average asking price for a apartment/condo is $1,323,091, which translates to a monthly mortgage payment of around $6,188.* This is 0.7 times the average price of $1,976,115 for a similar apartment/condo in the city of Vancouver.

Yaletown listed apartments/condos average 1,016 sq ft, 2 beds, and 2 baths.

The community around 506 506 388 DRAKE STREET, Vancouver BC V6B 6A8 has more apartments/condos for sale than detached houses.

The monthly payment amount is an approximation calculated loan requiring a 20% down payment at a 5% rate for a 5-year mortgage term

MLS®#: R2983282 · $1,149,000 · 2 bedroom apartment/condo in Yaletown Vancouver.

FAQs About 506-388 Drake Street, Vancouver

What is the square footage of this condo?
506-388 Drake Street, MLS® R2983282 has a size of 1,043 sqft. This is above the average square footage for condo in the Yaletown neighbourhood, which is 1,019 sqft.
What are nearby schools to 506-388 Drake Street, Vancouver?
Nearby secondary schools include Pattison High School, Westside Preparatory and Lowell High School. Nearby elementary schools include Elsie Roy, Crosstown and Blessed Sacrament.
How many bedrooms and bathrooms does this home have?
There are 2 bedrooms and 2 bathrooms in this condo at 506-388 Drake Street, MLS® R2983282.
Does this condo have parking available?
Yes, there is parking available for the condo at 506-388 Drake Street with 1 spot.
What are annual taxes for 506-388 Drake Street, Vancouver, BC?
Annual taxes for this home are estimated at $3,168 per year based on 2024 tax year reports.
Is 506-388 Drake Street, Vancouver, walkable?
With a Walk Score™ of 98, this home is considered a Walker's Paradise with daily errands do not require a car.
How does 506-388 Drake Street compare to other homes selling in Yaletown, Vancouver?
This home is listed at 13.4% below average condo prices for Yaletown and has been on the market for 369 days longer than the typical home in that neighbourhood.
What building is this condo a part of?
388 Drake Street Unit 506 is part of the building 388 Drake Street and other units for sale include unit 2505, unit 505 and unit 203.