For Sale
46 days
- $849,900
- 1 bed
- 1 bath
- 755 sqft
- Built in 2004
Apartment/Condo
MLS® R3168989
•Framework Marketing Inc.
25
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507 - 388 Drake Street, Vancouver
Beds2
Baths2
Sq Ft832
About 507 - 388 Drake Street, Vancouver
Dwelling Type:Apartment/
Structure:Multi Family, Residential Attached
Year Built:1994
Floor Area (sq. ft.):832
Parking:1 parking spot
Stories:32
Property Taxes:$2,729.16 /yr (2025)
Maintenance Fee:$662.78/mo
Pets:Yes With Restrictions
Status:For Sale
MLS® #:R3134359
Added: (5 months ago)
Updated:
Provided by:RE/
Area:Vancouver West
Sub Area:Yaletown
Apartment/Condo for sale at 507 - 388 Drake Street Vancouver, BC V6B 6A8, Canada, Metro Vancouver, Lower Mainland. 832 sqft • Yaletown • List Price $849,000. YALETOWN LIVING AT ITS FINEST! Welcome to this bright and beautifully maintained residence located in the heart of one of Vancouver West’s most desirable communities. Featuring brand new flooring and fresh paint throughout, this turn-key home offers an exceptional urban lifestyle with an efficient, functional layout designed to maximize space and natural light. Steps away from the iconic seawall, world-class dining, boutique shopping, and the Yaletown-Roundhouse Skytrain station, convenience is truly at your doorstep. Perfect for urban professionals, first-time buyers, or savvy investors looking for a prime property in a highly sought-after concrete building. Move right in and enjoy!
507 - 388 Drake Street, Vancouver, BC V6B 6A8 (MLS® R3134359) is a 2 bed, 2 bath Apartment/Condo for sale, listed at $849,000 and added to Strawhomes.com on June 8, 2026. The apartment is 832 square feet and was built in 1994. At $849,000, the estimated mortgage is $3,950 per month with 20% down, a 5% interest rate and a 25-year amortization. The apartment is in the Yaletown Condos neighbourhood of Vancouver, with more listings under Vancouver Apartments for sale. The neighbourhoods whose centres are closest to the apartment are False Creek, Fairview VW and Downtown VW.
Details
Property
- Area Minor
- Yaletown
- Postal Code
- V6B 6A8
- Property Sub Type
- Apartment/Condo
- Year Built
- 1994
- Size (Interior)
- 832 sqft
- Building Area Total
- 832 sqft
- Area Major
- Vancouver West
- Property Type
- Residential
- Status
- Active
- Last Modified
- 2026-10-01
- Neighborhood
- The Governor's Tower
- Province
- British Columbia
- Date first appeared on site
- 2026-06-08
- Features
- 2 baths, 2 beds, Apartment/Condo, Central Location, Marina Nearby, Recreation Nearby
Inside
- Full Bathrooms
- 2
- Main Level Bathrooms
- Laundry Features
- In Unit
- Flooring
- Laminate, Tile
- Rooms
- Above Grade Finished Area
- Below Grade Finished Area
- Kitchen Appliances
- Washer/Dryer, Dishwasher, Refrigerator, Stove
- Bedrooms
- 2
- Interior Features
- Elevator
Building
- Roof
- Other
- Floor Area Below Grade
- No. Floor Levels
- 32
- Heating
- Baseboard, Radiant
- Foundation
- Block
- Structure
- Multi Family, Residential Attached
- View
- Yes
- View Description
- HEART OF YALETOWN
- Construction
- Concrete, Mixed (Exterior), Stone (Exterior)
- Exterior Features
- No Outdoor Area
Parking
- Parking Space (A)
- 1
- Parking Features
- Garage Under Building, Guest, Side Access
- Garage
- Yes
Fees
- Gross Taxes
- $2,729.16
- Tax Year
- 2025
- Maintenance Fee
- $662.78/month
- Common Elements Included
- Bike Room, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management
Utilities
- Utilities
- Electricity Connected, Water Connected
- Sewer
- Community, Sanitary Sewer
- Water Source
- Public
Highlights
- Building Amenities
- Bike Room, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management
- Community Features
- Shopping Nearby
Land
- Lot Features
- Central Location, Marina Nearby, Recreation Nearby
Listing Details
- MLS® Number
- R3134359
- Ownership
- Freehold Strata
- Age
- 32 years
- Main Floor Finished Area
- 832 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
Sign in to view room details
Sold History Listing records and last sold date for 507 - 388 Drake Street, Vancouver
| MLS® # | Date | Event | Price |
|---|---|---|---|
| XXXXXXXXXX | Xxx XX, XXXX | Listed | — |
Join or Sign In • Real estate boards need a verified account to see listing features & sold data
Recently Sold Homes Near MLS® R3134359 - Sold Data
Here are some recent Vancouver condos for sale that sold in Yaletown, including the days on market. The view sold data is from MLS® listing data using nearby neighbourhoods.
2101 - 602 Citadel Parade, Vancouver
- Sold price
- $X,XXX,XXX
- Date sold
- Xxx XX, XXXX
- Size
- 815 sqft
- Days on market
- 29
210 - 889 W 7th Avenue, Vancouver
- Sold price
- $X,XXX,XXX
- Date sold
- Xxx XX, XXXX
- Size
- 884 sqft
- Days on market
- 4
1104 - 933 Hornby Street, Vancouver
- Sold price
- $X,XXX,XXX
- Date sold
- Xxx XX, XXXX
- Size
- 845 sqft
- Days on market
- 10
Join or Sign In • Real estate boards need a verified account to see listing features & sold data
Tax history - BC Assessment
| Year | Land + Improvements | Assessment |
|---|---|---|
| 2026 | $525,000 + $301,000 | $826,000 |
Location
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Mortgage Calculator Affordability: Afford a Home up to your budget
Type in your mortgage amount, down payment, interest rate, and property price below to see your mortgage payment amount. Take into account strata fees. Consult with Richard Morrison Realtor® to learn how to improve your affordability.
- Monthly mortgage payment
- $3,950
- Monthly total incl. strata
- $4,613
Neighbourhood
Nearby Amenities, Schools, Commute and Travel Times near - 507 - 388 Drake Street, Vancouver
| Area | Avg. Price | Updated |
|---|---|---|
| This Home | $849,000 | Jun 8, 2026 |
| Vancouver | $1,920,026 | Nov 6, 2026 |
| Yaletown | $1,249,955 | Nov 6, 2026 |
Amenities
Grocery Stores
- Choices Markets0.24 km · 1202 Richards Street
- Urban Fare0.29 km · 177 Davie Street
- Granville Food Market0.51 km
Malls
- Library Square Tower Shops & Food0.95 km · 300 West Georgia Street
- CF Pacific Centre1.20 km · 701 West Georgia Street
- International Village Mall1.49 km · 88 West Pender Street
Pharmacy
- Pharmasave Yaletown0.12 km · 1251 Pacific Boulevard
- Shoppers Drug Mart0.30 km · 1295 Seymour Street
- I.D.A. - Yale Pharmacy0.35 km · 1284 Granville Street
Liquor
- BC Liquor Stores0.35 km · 1108 Pacific Boulevard
- Spirit Of Howe Street0.39 km · 1275 Granville Street
- Viti Wine and Lager0.70 km · 900 Seymour Street
Libraries
- Little Free Library | Granville Island0.75 km
- Courthouse Libraries BC0.81 km · 800 Smithe Street
- Vancouver Public Library, Central Library0.94 km · 350 West Georgia Street
Entertainment & Sports
Movie Theaters
- Vancity Theatre0.38 km · 1181 Seymour Street
- The Cinematheque0.56 km · 1131 Howe Street
- Scotiabank Theatre Vancouver0.92 km · 900 Burrard Street
Restaurants
- Alchemy Bar and Kitchen0.08 km · 1269 Hamilton St
- The Flying Pig Yaletown0.24 km · 1168 Hamilton St
- Brix & Mortar0.29 km · 1138 Homer Street
Nightlife
- Soho Bar & Billiards0.07 km · 1283 Hamilton St
- Alchemy Bar and Kitchen0.08 km · 1269 Hamilton St
- Bar None Nightclub0.15 km · 1222 Hamilton Street
Arenas
- BC Place Stadium0.87 km · 777 Pacific Blvd
- Rogers Arena1.50 km · 800 Griffiths Way
- Vancouver Canadians Baseball Club3.67 km · 4601 Ontario St
Health and Fitness
Fitness
- Lagree West — Yaletown0.05 km · 1287 Hamilton St
- Kommunity Fitness0.07 km · 1296 Homer St
- EMS Fitness Club0.10 km · 488 Drake St
Yoga
- One Hour Hot Yoga0.21 km
- YYOGA Yaletown0.43 km · 1050 Homer Street
- KLP Yoga Studio0.45 km · 1055 Richards Street
Golf
- Par-Tee Putt0.75 km · 670 Smithe St
- Golf Mexico Tee Times0.85 km · 970 Burrard Street
- The Rec Room Granville0.86 km · 855 Granville St
Hospitals
- St. Paul's Hospital0.76 km · 1081 Burrard Street
- Vancouver General Hospital1.45 km · 899 West 12th Avenue
- Mount Saint Joseph Hospital2.70 km · 3080 Prince Edward Street
Parks
Parks Nearby
- David Lam Park0.12 km · 1300 Pacific Boulevard
- Roundhouse Turntable Plaza0.21 km · 181 Roundhouse Mews
- Emery Barnes Park0.32 km · 1170 Richards Street
Trails Nearby
- Merilees Trail4.43 km
- Admiralty trail head6.28 km
- Sasamat Trail6.29 km
Public Recreation Center
- Roundhouse Community Arts & Recreation Centre0.20 km · 181 Roundhouse Mews
- False Creek Community Centre0.78 km · 1318 Cartwright St
- YMCA of Greater Vancouver0.94 km · 955 Burrard St
Museum
- Contemporary Art Gallery0.58 km · 555 Nelson St
- BC Sports Hall of Fame & Museum0.97 km · 777 Pacific Blvd
- Vancouver Art Gallery1.08 km · 750 Hornby St
University & College
- Emily Carr University of Art + Design0.97 km
- UBC Robson Square1.00 km
- Simon Fraser University Harbour Centre Campus Vancouver1.55 km
Preschools
- Swamp Willow Preschool0.84 km · 1318 Cartwright St
- Family Montessori School (Sitka)0.84 km · 1099 Sitka Sq
- Vancouver Start Smart Preschool0.92 km · 113 917 W 7 Ave
Daycares
- Charleson Children's Centre - 3-5 Program0.17 km · 1378 Richards St
- Elsie Roy School Age Program #20.21 km · 150 Drake Street
- The Mark Children's Centre Toddler Program0.26 km · 100 1362 Seymour St
Downtown
- Downtown Vancouver1.07 km
- Downtown Richmond11.92 km
- Downtown Burnaby12.49 km
Skytrain Station
- Yaletown–Roundhouse Station Skytrain0.35 km
- Olympic Village Station Skytrain0.96 km
- Vancouver City Centre Station Skytrain1.06 km
Bus Stations
- WB Pacific Blvd at Davie St0.06 km
- Eastbound Pacific St @ Richards St0.06 km
- Eastbound Pacific Blvd @ Homer St0.06 km
- Eastbound Pacific Blvd @ Drake St0.06 km
- Yaletown-Roundhouse Station @ Bay 10.10 km
Airports
- Vancouver International Airport (YVR)9.50 km
- Boundary Bay Airport (CZBB)23.66 km
- Abbotsford International Airport (YXX)61.39 km
Seabus
- Waterfront Stn Seabus Northbound1.75 km
- Lonsdale Quay Seabus Southbound4.89 km
BC Ferries
- BC Ferries Horseshoe Bay15.48 km
- BC Ferries Tsawwassen Ferry Terminal29.46 km
West Coast Express
- Waterfront Station West Coast Express1.66 km · 601 W Cordova St
- Moody Centre Station West Coast Express20.20 km
- Coquitlam Central Station West Coast Express23.47 km · 2900 Barnet Hwy
Public
- Elsie Roy0.21 km · 150 Drake St
- Crosstown1.40 km · 55 Expo Blvd
- Henry Hudson1.74 km · 1551 Cypress St
- King George Secondary2.00 km · 1755 Barclay St
- Kitsilano3.10 km
- Sir Charles Tupper3.40 km
Private
- Pattison High School0.80 km · 981 Nelson St
- Westside Preparatory0.91 km
- Lowell High School0.93 km · 210-750 Hamilton St
About: 507 - 388 Drake Street, Vancouver
With 2,318 Vancouver Apartment/Condos for sale, finding your perfect home will be easy.
This freehold apartment/condo was built in 1994 and is currently listed at $1,020 per square foot. Monthly strata fees for this unit are $662.78. The property offers 1 parking space, a garage, scenic views. Annual property taxes were assessed at $2,729 in 2025.
The address of 507 - 388 Drake Street, unit number 507, is situated in Vancouver, British Columbia. It is located within the Yaletown neighborhood of the city.
Nearby neighbourhoods include False Creek, Downtown VW and Downtown VE. Drake has 12 homes currently on the market, while the district of Yaletown has 240 postings on the market. That's just 5.1% of the 4,706 total listings for sale in the city of Vancouver. In Yaletown, the average asking price for an apartment/condo is $1,242,109, which translates to a monthly mortgage payment of around $5,809.* This is 1.1 times the average price of $1,085,108 for a similar apartment/condo in the city of Vancouver.
Yaletown listed apartments/condos average 1,006 sq ft, 2 beds, and 2 baths.
In the area surrounding 507 - 388 Drake Street, apartments/condos outnumber detached houses on the market.
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®#: R3134359 · $849,000 · 2 bedroom apartment/condo in Yaletown Vancouver.
FAQs About 507 - 388 Drake Street, Vancouver
What is the square footage of 507 - 388 Drake Street, Vancouver, MLS® R3134359?
This condo, MLS® R3134359, has a size of 832 sqft. This is below the average square footage for a condo in the Yaletown neighbourhood, which is 1,004 sqft.
What are nearby schools to this condo?
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, MLS® R3134359.
Does this condo have parking available?
Yes, there is parking available for this condo with 1 spot.
What are annual taxes for this condo?
Annual taxes for this home are estimated at $2,729 per year based on 2025 tax year reports.
Is this condo walkable?
With a Walk Score™ of 98, this home is considered a Walker's Paradise with daily errands not requiring a car.
How does this condo compare to other homes selling in Yaletown, Vancouver?
This home is listed at 31.4% below average condo prices for Yaletown and has been on the market for 72 days longer than the typical home in that neighbourhood.
Apartment/Condo for sale in Vancouver West, Vancouver, BC, MLS® R3134359
This Apartment/Condo is an attached property that is currently for sale and was listed on June 8, 2026, or listed 4 months ago on our web site. This condo is for sale and is located in the neighbourhood of Yaletown, in the The Governor's Tower complex. It was built in the year of 1994, or 32 years old. The full mailing address is 507 - 388 Drake Street, Vancouver, BC, V6B 6A8. It has 2 beds & 2 baths. The list price of this condo is $849,000 and the living area is 832 sq ft, or $1,020 per square foot. The monthly strata fee is $663 and the ownership is freehold strata.
Upcoming Open Houses
The postal code V6B 6A8 has a few open houses in Vancouver British Columbia Canada. This Yaletown condo for sale is one of Lower Mainlands best priced properties in the Yaletown neighbourhood.
If you would like to calculate your mortgage payment for this listing located at V6B 6A8 and need a mortgage calculator please see above.
Home Value
For sellers wanting to get a home value of their condo for sale near this MLS® listing ID R3134359, please contact us to have a Vancouver listing agent contact you with our selling system, and see the mortgage calculator above for this listing's monthly payment. Richard Morrison is a top real estate agent located in Vancouver Yaletown.
Price History
You can see Price History, house prices, Walk Score, and property disclosure above. The data relating to real estate on this website (MLS® R3134359) comes in part from the Vancouver MLS® Reciprocity program of either Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB).