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RARE two-level, top-floor END-UNIT in Yaletown. A townhouse in the sky! This 1,341 sqft home lives nothing like a typical condo, with water views over David Lam Park & False Creek from every principal room. The bright, open main floor flows to a private 400 sqft patio; upstairs, the primary suite opens to its own second terrace. White oak floors, gourmet kitchen with marble backsplash, quartz counters & SS appliances. Recently elevated with fresh paint, new lighting on dimmers, custom closets & new window coverings throughout. TWO parking stalls (most have one) plus a huge private storage room. Building offers indoor pool, sauna & gym. Steps to the Seawall, top restaurants & the Canada Line. Rentals OK.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Interior Features | Elevator, Storage |
| Heating Type | Baseboard, Hot Water |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Balcony |
|---|---|
| View Description | Stunning Water & City Views |
| Roof | Other |
| Structures | Multi Family, Residential Attached |
| Price | $1,599,000 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1341 |
| Year Built | 1993 |
| Age Of Building | 33 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Architecture Style | Top Floor Unit |
| Stories | 1 |
| Building Amenities | Exercise Centre, Trash, Heat, Hot Water, Management, Recreation Facilities |
| Building Name | Parkview 1 |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $803.59 |
| Amenities Nearby | Exercise Centre, Trash, Heat, Hot Water, Management, Recreation Facilities |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground, Lane Access |
| Total Parking Spaces | 2 |
| Strata Restrictions | Pets Not Allowed,Rentals Allowed,Smoking Restrictions |
| Pet Restrictions | No |
| Lot Size Depth | Feet |
|---|---|
| MLS® # | R3133195 |
| Area | Vancouver West |
| Neighbourhood | Yaletown |
| City | Vancouver |
| Postal Code | V6B 5Z5 |
| Gross Taxes | $4,212.79 |
| Zoning | CD-1(266) |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 5'7 x 5'7 ft |
| Main Level | Kitchen | 10'0 x 10'0 ft |
| Main Level | Living Room | 19'1 x 19'1 ft |
| Main Level | Den | 11'7 x 11'7 ft |
| Main Level | Patio | 26'7 x 26'7 ft |
| Above Level | Bedroom | 11'2 x 11'2 ft |
| Above Level | Primary Bedroom | 14'10 x 14'10 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Above Level | Yes | #5 |
| Above Level | No | #4 |
Listed by: Real Broker
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
507 289 Drake Street has a sell-speed score of 37/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 21.3% above comparable active properties in Yaletown. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 5Z5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3.7 km). Annual avg AQHI 2.2 — Low Risk.
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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
507 289 Drake St, Vancouver, BC is ideally located for commuters. The property is 0.1 km from Yaletown-Roundhouse, with a 8 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Pacific Blvd @ Drake St (0.06 km). Walk Score Transit rating: Rider's Paradise (98/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $993,000 | $333,000 | $1,326,000 |
-1.9%
|
| 2025 | $1,012,000 | $339,000 | $1,351,000 |
-5.4%
|
| 2024 | $1,070,000 | $358,000 | $1,428,000 |
-1.0%
|
| 2023 | $1,080,000 | $362,000 | $1,442,000 |
+1.8%
|
| 2022 | $1,007,000 | $410,000 | $1,417,000 | — |
Based on 26 comparable active apartments/condos in Yaletown, the average asking price is $1,753,267. This listing is priced 8.8% below the neighbourhood average.
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