2001 89 Nelson Street, Vancouver, BC
•YaletownFor Sale
40 days
- $1,150,000
- 2 bed
- 2 bath
- 913 sqft
- Built in 2019
MLS® R3134819
•Dracco Pacific Realty
14
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506 388 DRAKE STREET
Address506 388 DRAKE STREET, Vancouver BC V6B 6A8
Beds2
Baths2
Sq Ft1,043
TypeApartment/Condo
StructureMulti Family, Residential Attached
Year Built1994
Size1,043 sqft
Parking1 parking spot
Stories35
Taxes$3,167.87 /yr (2024)
Strata$829.39/mo
PetsYes With Restrictions
StatusFor Sale
MLS®#R2983282
Walk Score98
Added
Updated
Listed ByOakwyn Realty Ltd.
Property Description506 388 DRAKE STREET, Vancouver, BC
Experience the best of Yaletown living in this spacious 1,043 sq. ft. 2 bed + 2 bath + den home, perfectly located across from David Lam Park and steps from top restaurants, and vibrant community spaces. This residence features luxurious finishes, including marble tiles in the primary ensuite and premium fixtures from Kohler and Grohe. The sleek kitchen boasts Miele appliances and a built-in coffee maker. Tastefully updated over the years, this home offers an opportunity to add final personal touches to select cabinetry, closets, and lighting. The building offers top-tier amenities, including a large indoor pool, hot tub, sauna, and a well equipped fitness center. A rare chance to own in one of Vancouver’s most sought-after neighborhoods!
This Apartment/Condo home located at 388 Drake Street, Vancouver is currently for sale and has been available on Strawhomes.com for 413 days. This property is listed at $1,149,000 with an estimated mortgage of $5,374* per month. It has 2 beds, 2 bathrooms, and is 1,043 square feet. The property was built in 1994. 506 388 Drake Street, Vancouver BC V6B 6A8 is in the Yaletown Condos neighbourhood Vancouver. False Creek, Fairview VW and Downtown VW are nearby neighborhoods.
Facts & FeaturesProperty facts for 506 388 DRAKE STREET, Vancouver
Property
- Area Minor
- Yaletown
- Postal Code
- V6B 6A8
- Property Sub Type
- Apartment/Condo
- Year Built
- 1,994
- Size (Interior)
- 1,043 sqft
- Building Area Total
- 1,043 sqft
- Area Major
- Vancouver West
- Property Type
- Residential
- Status
- Active
- Last Modified
- 2026-05-13
Inside
- Bathrooms
- 2
- Main Level Bathrooms
- Laundry Features
- In Unit
- Rooms
- Above Grade Finished Area
- Below Grade Finished Area
- Bedrooms
- 2
- Interior Features
- Elevator
Building
- Roof
- Other
- Floor Area Below Grade
- Stories
- 35
- Heating
- Baseboard, Hot Water
- Foundation
- Concrete Perimeter
- Structure
- Multi Family, Residential Attached
- View
- Yes
- View Description
- City, Park, Water
- Common Walls
- 2+ Common Walls
- Spa Features
- Swirlpool/Hot Tub
- Construction
- Concrete, Other, Brick (Exterior), Concrete (Exterior), Mixed (Exterior)
- Exterior Features
- Playground, No Outdoor Area, Private Yard
Parking
- Parking Space (A)
- 1
- Parking Features
- Underground, Side Access
- Garage
- Yes
Fees
- Taxes
- $3,167.87
- Tax Year
- 2,024
- Maintenance Fee
- $829.39/month
- Common Elements Included
- Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Water
Utilities
- Utilities
- Community, Electricity Connected, Natural Gas Connected, Water Connected
- Sewer
- Public Sewer, Sanitary Sewer, Storm Sewer
- Water Source
- Public
Highlights
- Building Amenities
- Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Water
- Community Features
- Shopping Nearby
Land
- Lot Features
- Central Location, Cleared, Marina Nearby, Recreation Nearby
Listing Details
- MLS® Number
- R2983282
- Ownership
- Freehold Strata
- Age
- 32 years
- Main Floor Finished Area
- 1,043 sqft
- Listing Source
- GVR – FVREB – CADREB – BCNREB – Resi
- Pets Allowed
- 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
Sign in to view room details
Sold HistoryListing records and last sold date for 506 388 DRAKE STREET, Vancouver
| MLS® # | Date | Event | Price |
|---|---|---|---|
| XXXXXXXXXX | Xxx XX, XXXX | Listed | — |
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Tax history for 388 Drake St - BC Assessment
| Year | Land + Improvements | Assessment |
|---|---|---|
| 2026 | $626,000 + $377,000 | $1,003,000 |
Location
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MLS® R3115249•Sotheby's International Realty Canada
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MLS® R3133940•RE/MAX Crest Realty
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- 2 bed
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NeighbourhoodNearby Amenities, Schools, Commute and Travel Times near - 506-388 Drake Street, Vancouver
| Area | Avg. Price | Updated |
|---|---|---|
| This Home | $1,149,000 | Mar 27, 2025 |
| Vancouver | $1,974,358 | Jul 7, 2026 |
| Yaletown | $1,349,674 | Jul 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: 506 388 DRAKE STREET, Vancouver
Explore 4,648 condominiums for sale in Vancouver to find your ideal property.
This freehold apartment/condo was built in 1994 and is currently listed at $1,102 per square foot. Monthly strata fees for this unit are $829.39. The property offers 1 parking space, a garage, scenic views. Annual property taxes were assessed at $3,168 in 2024.
506 388 DRAKE STREET is in the city of Vancouver, British Columbia and found in the community of Yaletown in Vancouver.
Other communities nearby are 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. In Yaletown, the average asking price for a apartment/condo is $1,350,165, which translates to an estimated monthly mortgage payment of $6,314.* Notably, this is 0.7 times the average list price of $1,975,119 for a similar apartment/condo in the city of Vancouver.
Yaletown listed apartments/condos average 1,042 sq ft, 2 beds, and 2 baths.
The majority of properties for sale in the community around 506 388 DRAKE STREET are apartments/condos, not detached houses.
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®#: R2983282 · $1,149,000 · 2 bedroom apartment/condo in Yaletown Vancouver.
FAQs About 506-388 Drake Street, Vancouver
What is the square footage of this condo?
506-388 Drake Street, MLS® R2983282 has a size of 1,043 sqft. This is above the average square footage for condo in the Yaletown neighbourhood, which is 1,034 sqft.
What are nearby schools to 506-388 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 506-388 Drake Street, MLS® R2983282.
Does this condo have parking available?
Yes, there is parking available for the condo at 506-388 Drake Street with 1 spot.
What are annual taxes for 506-388 Drake Street, Vancouver, BC?
Annual taxes for this home are estimated at $3,168 per year based on 2024 tax year reports.
Is 506-388 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 506-388 Drake Street compare to other homes selling in Yaletown, Vancouver?
This home is listed at 14.1% below average condo prices for Yaletown and has been on the market for 373 days longer than the typical home in that neighbourhood.