18A 199 Drake St, Vancouver BC - Apartment/Condo for Sale - MLS# R3112248

$2,380,000
Est. Mortgage $10,529/mo
3 Beds
3 Baths
1718 sqft
1385 $ /sqft
1342.99 $ Maint. fee
1996 built
$2,380,000
Est. $10,529/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 18A 199 Drake Street

Exceptional 1,700+ sqft waterfront sub penthouse in the heart of Yaletown, ideally located across from David Lam Park & the Roundhouse Community Centre. Completely redesigned in 2019, this bright & elegant residence offers panoramic views of False Creek, the park, the city skyline through expansive windows. 3 spacious bedrms & 3 bathrms, the home is thoughtfully designed w/ high-end finishes throughout, including a sleek island kitchen w/ top-of-the-line Miele appliances. A generous patio extends the living space, perfect for relaxing or entertaining. Enjoy resort style amenities including a fitness centre, indoor pool, hot tub & on site management in a boutique, pet-friendly building. Steps to the Seawall, Urban Fare, restaurants, shops & within the sought after Elsie Roy Elementary.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Fireplace 1
Heating Type Hot Water
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Sweeping False Creek & City
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $2,380,000
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1718
Year Built 1996
Age Of Building 30
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Recreation Facilities, Caretaker, Trash, Hot Water, Management, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $1,342.99
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Recreation Facilities, Caretaker, Trash, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Rear Access
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Units In Development 88

Lot & Land

Lot Size Depth Feet
MLS® # R3112248
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6Z 2T9
Gross Taxes $7,025.46
Zoning RM-5B

Property Timeline

Status Date Price
R3112248 / Active 04-13-2026 $2,380,000
Rooms
Floor Type Dimensions
Main Level Living Room 20'7 x 20'7 ft
Main Level Kitchen 13'2 x 13'2 ft
Main Level Dining Room 13'2 x 13'2 ft
Main Level Primary Bedroom 21'5 x 21'5 ft
Main Level Bedroom 9'10 x 9'10 ft
Main Level Bedroom 15'11 x 15'11 ft
Main Level Walk-In Closet 6'10 x 6'10 ft
Main Level Foyer 4'10 x 4'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level No #5
Main Level Yes #5

Listed by: Sutton Group-West Coast Realty & Sutton Group-West Coast Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
King George Secondary School
2.08 km
Elementary
Elsie Roy Elementary School
Average
0.13 km
6.1/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Anchor Point Montessori
0.69 km
Secondary
Pattison School
0.85 km

Closest Transit

Bus Stop
Eastbound Pacific Blvd @ Drake St
0.02 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.14 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
57%
No Certificate/Degree
Below Average
5.1%
Owner Occupied
Below Average
56.2%
Employment Rate
Below Average
48.4%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

45 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $2,167,942
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.14 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How YALETOWN compares
This property
88 DOM
Listed
Yaletown avg
Vancouver avg

18A 199 Drake Street has a sell-speed score of 45/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 8.9% above comparable active properties in Yaletown. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V6Z 2T9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6Z 2T9, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3.6 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 18A 199 Drake Street

Pre-computed routes from 18A 199 Drake St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Yaletown-Roundhouse → Waterfront
    9 min
  • Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
    27 min
  • SFU Burnaby via Yaletown-Roundhouse → Production Way
    34 min
  • Richmond Centre via Yaletown-Roundhouse → Brighouse
    26 min
  • YVR Airport via Yaletown-Roundhouse → YVR-Airport
    27 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    2 min
  • Metrotown, Burnaby via Lougheed Hwy
    12 min
  • SFU Burnaby via Gaglardi Way
    18 min
  • Richmond Centre via No. 3 Rd
    14 min
  • YVR Airport via Bridgeport / Sea Island
    12 min

Calculate your commute

18A 199 Drake St, Vancouver, BC is ideally located for commuters. The property is 0.1 km from Yaletown-Roundhouse, with a 9 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Pacific Blvd @ Drake St (0.02 km). Walk Score Transit rating: Rider's Paradise (98/100).

Walkability & Transit Near 18A 199 Drake Street

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 98

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
85

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 18A 199 Drake Street

2026 assessed value, sourced from City of Vancouver open data (PID 023-246-944).
Total Assessed Value (2026)
$1,939,000
-13.9% YoY
-2.0%/yr over 4 yr
2022 Value Trend 2026
Land
$1,551,000
Buildings
$388,000
Year Built
1995
Class
Comprehensive Development
Zoning
CD-1 (297)
Property Tax
$6,523
Year Land Improvements Total Assessed YOY Change
2026 $1,551,000 $388,000 $1,939,000
-13.9%
2025 $1,802,000 $451,000 $2,253,000
+1.2%
2024 $1,782,000 $445,000 $2,227,000
+1.9%
2023 $1,749,000 $437,000 $2,186,000
+4.2%
2022 $1,676,000 $422,000 $2,098,000

Mortgage Calculator for 18A 199 Drake Street

/month
Principal & Interest
Property Taxes $585
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($476,000), the estimated monthly payment for this listing is $11,018/month — $9,090 principal & interest, $585 property tax, $1,343 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $5,653/month, this property runs a $5,430/month shortfall after mortgage and carrying costs. Break-even requires approximately 68% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Yaletown, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $2,380,000
Vancouver Loading...
Yaletown Loading...

Based on 6 comparable active apartments/condos in Yaletown, the average asking price is $1,721,333. This listing is priced 38.3% above the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 18A 199 Drake Street

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 98

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
85

Bike Score - Very Bikeable

Biking is convenient for most trips

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