PANORAMIC WATERFRONT VIEWS at Governor's Tower! Experience unobstructed, breathtaking vistas of False Creek and David Lam Park through stunning floor-to-ceiling windows in this spacious 2 Bedroom + Den home. Thoughtfully designed with an open layout and abundant natural light, offering both comfort and functionality. Enjoy the tranquility of waterfront living right in the heart of vibrant Yaletown. Features include updated flooring and appliances (approx. 4 years old), generous in-suite storage, and a rare offering of 5 secured parking stalls — including triple tandem + side-by-side, ideal for collectors or multigenerational households. Comes with an oversized locker for even more convenience. Resort-style amenities include an indoor pool, fitness center, and 24-hour concierge. Steps from
Open houses
07 Mar, 2026 (02:00 PM to 04:00 PM)
General Info
Price
$1,290,000
Total Bedrooms
2
Total Bathrooms
2
Half Bathrooms
0
Floor Area Total (sqft)
1202
Lot Size
-
Lot Size Depth
Feet
Lot Size Frontage
0
Basement
None
Basement Features
-
Property Metrics
Year Built
1995
Age Of Building
31
Building Type
Apartment/Condo
Property Type
Residential
Stories
1
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities
Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Building Features
-
Structures
Multi Family, Residential Attached
Additional Details
MLS® #
R3016216
Building Name
-
Area
Vancouver West
Neighbourhood
Yaletown
City
Vancouver
Postal Code
V6B 6A8
Price per Sqft
$1,073
Gross Taxes
$4,192
Ownership Type
Freehold Strata
Maintenance Fee
$961.16
Community Features
Shopping Nearby
Amenities Nearby
Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Heating & Cooling
Fireplace
0
Heating Type
Baseboard
Utilities
Utility Type
Electricity Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer
Water (WaterSource)
Public
Parking
Parking Type
Garage Under Building, Front Access
Total Parking Spaces
5
Rooms
Floor
Type
Dimensions
Main Level
Living Room
15'9 x 15'9 ft
Main Level
Dining Room
12'7 x 12'7 ft
Main Level
Kitchen
8'1 x 8'1 ft
Main Level
Primary Bedroom
13'0 x 13'0 ft
Main Level
Bedroom
10'4 x 10'4 ft
Main Level
Den
14'9 x 14'9 ft
Main Level
Storage
8'2 x 8'2 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
Yes
#4
Main Level
No
#4
Listed by: Nu Stream Realty Inc. & Nu Stream Realty Inc.
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.
Neighborhood & Transit Info
Public Schools
Secondary
King George Secondary School
2 km
Elementary
Elsie Roy Elementary School
Average
0.21 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
0.58 km
Secondary
Pattison High School
0.8 km
Closest Transit
Bus Stop
Westbound Pacific Blvd @ Drake St
0.03 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.18 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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes$349
Maintenance fee0
With a 20% down payment, buyers can expect an estimated $6,237/month in total housing costs on this $1,290,000 property — $4,927 mortgage payment, $349 property tax, $961 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment0%
Based on $3,870/month estimated rent and $6,292/month in total housing costs, this property has a -$2,422/month cashflow. Break-even down payment: approximately 60%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,290,000
Vancouver
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Yaletown
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Among 65 similar active listings in Yaletown, the average price is $1,131,423. At $1,290,000, this listing is priced 14% above the local average and 20.7% above the city-wide benchmark. This property is flagged as a Hot Deal (11.0% price reduction) based on its competitive pricing and market demand.
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
Property FAQs
What are the closest top-rated schools to 2505 388 Drake Street, Vancouver, BC?
The closest top-rated schools are King George Secondary School and Elsie Roy Elementary School.
Is 2505 388 Drake Street, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 2505 388 Drake Street, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $7,740.
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