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1206 388 DRAKE STREET

Address
1206 388 DRAKE STREET, Vancouver BC V6B 6A8
List Price
$1,048,800
Est. $4,905/month
Beds
2
Baths
2
Sq Ft
1,164
Type
Apartment/Condo
Structure
Multi Family, Residential Attached
Year Built
1994
Size
1,164 sqft
Parking
2 parking spots
Stories
32
Taxes
$3,708.56 /yr (2025)
Strata
$946.82/mo
Pets
Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Status
For Sale
MLS®#
R3127968
Walk Score
98
Added
Updated
Listed By
Framework Marketing Inc.
MLS RECIPROCITY

Property Description

Expansive city views from every window with peek-a-boo water views of False Creek. This spacious 1,164 sqft home features 2 bedrooms plus a separate den with corner windows, perfect for a work-from-home office, and 2 full bathrooms. Functional layout with large open living and dining areas, bay window in the living room, and windows on 3 sides bringing in exceptional natural light. Includes 2 parking stalls and 1 large storage locker. Fully rainscreened with new windows (2011), re-piped (2019), new elevators (2021), and $2M amenities renovation (2023). Steps to Yaletown’s best restaurants, Choices Market, David Lam Park, Canada Line, and the Seawall. Governor’s Tower offers a 24-hour concierge, indoor pool, hot tub, sauna, gym, and outdoor garden with playground. One of best YT buildings.

This Apartment/Condo home located at 388 Drake Street, Vancouver is currently for sale and has been available on Strawhomes.com for 5 days. This property is listed at $1,048,800 with an estimated mortgage of $4,905* per month. It has 2 beds, 2 bathrooms, and is 1,164 square feet. The property was built in 1994. 1206 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)
1,164 sqft
Building Area Total
1,164 sqft
Area Major
Vancouver West
Property Type
Residential
Status
Active
Last Modified
2026-05-29

Inside

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

Building

Roof
Other
Floor Area Below Grade
Stories
32
Heating
Baseboard, Electric
Foundation
Concrete Perimeter
Structure
Multi Family, Residential Attached
View
Yes
View Description
City
Common Walls
Corner Unit
Spa Features
Swirlpool/Hot Tub
Construction
Concrete, Mixed (Exterior)
Exterior Features
No Outdoor Area

Parking

Parking Space (A)
2
Parking Features
Garage Under Building
Garage
Yes

Fees

Taxes
$3,708.56
Tax Year
2,025
Maintenance Fee
$946.82/month
Common Elements Included
Bike Room, Exercise Centre, Sauna/Steam Room, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Water

Utilities

Utilities
Electricity Connected, Water Connected
Sewer
Sanitary Sewer
Water Source
Public

Highlights

Building Amenities
Bike Room, Exercise Centre, Sauna/Steam Room, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Water

Listing Details

MLS® Number
R3127968
Ownership
Freehold Strata
Age
32 years
Main Floor Finished Area
1,164 sqft
Listing Source
GVR – FVREB – CADREB – BCNREB – Resi
Pets Allowed
Cats OK, Dogs OK, Number Limit (Two), 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

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Sold History

Listing records and last sold date for 1206 388 DRAKE STREET, Vancouver BC V6B 6A8, Vancouver

MLS® #DateEventPrice
XXXXXXXXXXXxx XX, XXXXListed
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Location

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About: 1206 1206 388 DRAKE STREET, Vancouver BC V6B 6A8, Vancouver

With 4,697 condos for sale in Vancouver, finding your perfect home will be easy.

This freehold apartment/condo was built in 1994 and is currently listed at $901 per square foot. Monthly strata fees for this unit are $946.82. The property offers 2 parking spaces, a garage, scenic views. Annual property taxes were assessed at $3,709 in 2025.

The address of 1206 1206 388 DRAKE STREET, Vancouver BC V6B 6A8, unit number 1206, 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 16 homes currently on the market, while the district of Yaletown has 260 postings on the market. This represents approximately 5.5% of the total 4,697 properties listed for sale in Vancouver. In Yaletown, the average asking price for a apartment/condo is $1,345,286, which translates to a monthly mortgage payment of around $6,292.* This is 0.7 times the average price of $1,978,163 for a similar apartment/condo in the city of Vancouver.

Apartments/condos listed in Yaletown are an average of 1,028 sq ft, with 2 beds and 2 baths.

The community around 1206 1206 388 DRAKE STREET, Vancouver BC V6B 6A8 has more apartments/condos for sale than detached houses.

Monthly payments are an estimate based on a mortgage with 20% down @ 5% with a 5-yr mortgage rate

MLS®#: R3127968 · $1,048,800 · 2 bedroom apartment/condo in Yaletown Vancouver.

FAQs About 1206-388 Drake Street, Vancouver

What is the square footage of this condo?
1206-388 Drake Street, MLS® R3127968 has a size of 1,164 sqft. This is above the average square footage for condo in the Yaletown neighbourhood, which is 1,024 sqft.
What are nearby schools to 1206-388 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 1206-388 Drake Street, MLS® R3127968.
Does this condo have parking available?
Yes, there is parking available for the condo at 1206-388 Drake Street with 2 spots.
What are annual taxes for 1206-388 Drake Street, Vancouver, BC?
Annual taxes for this home are estimated at $3,709 per year based on 2025 tax year reports.
Is 1206-388 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 1206-388 Drake Street compare to other homes selling in Yaletown, Vancouver?
This home is listed at 21.4% below average condo prices for Yaletown and has been on the market for 38 days fewer than the typical home in that neighbourhood.
What building is this condo a part of?
388 Drake Street Unit 1206 is part of the building 388 Drake Street and other units for sale include unit 2505, unit 506, unit 505 and unit 203.