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1206 388 DRAKE STREET, Vancouver, BC — Residential for Sale - Main Photo
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1206 388 DRAKE STREET

Address1206 388 DRAKE STREET, Vancouver BC V6B 6A8
List Price$1,048,800Est. $4,905/month
Beds2
Baths2
Sq Ft1,164
TypeApartment/Condo
StructureMulti Family, Residential Attached
Year Built1994
Size1,164 sqft
Parking2 parking spots
Stories32
Taxes$3,708.56 /yr (2025)
Strata$946.82/mo
PetsCats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
StatusFor Sale
MLS®#R3127968
Walk Score98
Added
Updated
Listed ByFramework Marketing Inc.
MLS RECIPROCITY

Property Description1206 388 DRAKE STREET, Vancouver, BC

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 15 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 VE are nearby neighborhoods.

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Facts & FeaturesProperty facts for 1206 388 DRAKE STREET, Vancouver

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
2026-06-08

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 HistoryListing records and last sold date for 1206 388 DRAKE STREET, Vancouver

MLS® #DateEventPrice
XXXXXXXXXXXxx XX, XXXXListed
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Tax history for 388 Drake St - BC Assessment

YearLand + ImprovementsAssessment
2026$726,000 + $407,000$1,133,000

Location

Similar HomesShop homes for sale similar to 1206 388 DRAKE STREET, Vancouver

NeighbourhoodNearby Amenities, Schools, Commute and Travel Times near - 1206-388 Drake Street, Vancouver

AreaAvg. PriceUpdated
This Home$1,048,800May 25, 2026
Vancouver$1,974,358Jul 7, 2026
Yaletown$1,349,674Jul 7, 2026

Amenities

Grocery Stores

  • Choices Markets0.24 km
  • Urban Fare0.29 km
  • Granville Food Market0.51 km

Malls

  • Library Square Tower Shops & Food0.95 km
  • CF Pacific Centre1.20 km
  • International Village Mall1.49 km

Pharmacy

  • Pharmasave Yaletown0.12 km

Liquor

  • BC Liquor Stores0.35 km

Libraries

  • Little Free Library | Granville Island0.75 km
  • Courthouse Libraries BC0.81 km

Entertainment & Sports

Movie Theaters

  • Vancity Theatre0.38 km
  • The Cinematheque0.56 km

Restaurants

  • Alchemy Bar and Kitchen0.08 km
  • The Flying Pig Yaletown0.24 km
  • Brix & Mortar0.29 km

Nightlife

  • Soho Bar & Billiards0.07 km
  • Alchemy Bar and Kitchen0.08 km
  • Bar None Nightclub0.15 km

Arenas

  • BC Place Stadium0.87 km
  • Pacific Coliseum at the PNE1.16 km

Health and Fitness

Fitness

  • Lagree West — Yaletown0.05 km
  • Kommunity Fitness0.07 km

Golf

  • Par-Tee Putt0.75 km
  • Golf Mexico Tee Times0.85 km
  • The Rec Room Granville0.86 km

Hospitals

  • St. Paul's Hospital0.76 km
  • Vancouver General Hospital1.45 km

Parks

Parks Nearby

  • David Lam Park0.12 km
  • Roundhouse Turntable Plaza0.21 km
  • Emery Barnes Park0.32 km

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
  • False Creek Community Centre0.78 km
  • YMCA of Greater Vancouver0.94 km

Museum

  • Contemporary Art Gallery0.58 km
  • BC Sports Hall of Fame & Museum0.97 km

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

Downtown

  • Downtown Vancouver1.07 km

Skytrain Station

  • Yaletown–Roundhouse Station Skytrain0.35 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

Seabus

  • Waterfront Stn Seabus Northbound1.75 km

BC Ferries

  • BC Ferries Horseshoe Bay15.48 km

West Coast Express

  • Waterfront Station West Coast Express1.66 km

Elementary

  • Elsie Roy0.21 km
  • Crosstown1.40 km
  • Blessed Sacrament1.74 km

Secondary

  • Pattison High School0.80 km
  • Westside Preparatory0.91 km
  • Lowell High School0.93 km

About: 1206 388 DRAKE STREET, Vancouver

Explore 4,648 apartments for sale/condos for sale in Vancouver to find your ideal property.

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 388 DRAKE STREET, unit number 1206, is situated in Vancouver, British Columbia. It is located within the Yaletown neighborhood of the city.

Neighboring communities include False Creek, Downtown VW and Downtown VE. Drake has 16 homes currently on the market, while the district of Yaletown has 234 postings on the market. This represents approximately 5.0% of the total 4,648 properties listed for sale in Vancouver. The average listed price of a apartment/condo in Yaletown is $1,350,165, with an estimated mortgage of $6,314 per month.* That is 0.7 the average list price of $1,975,119 for a apartment/condo in Vancouver.

Apartments/condos listed in Yaletown are an average of 1,042 sq ft, with 2 beds and 2 baths.

In the area surrounding 1206 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®#: 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 1,034 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 21.6% below average condo prices for Yaletown and has been on the market for 25 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 506, unit 507, unit 203, unit 505 and unit 2505.