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507 388 DRAKE STREET, Vancouver, BC — Residential for Sale - Main Photo
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507 388 DRAKE STREET

Vancouver,Yaletown
Address507 388 DRAKE STREET, Vancouver BC V6B 6A8
List Price$849,000Est. $3,971/month
Beds2
Baths2
Sq Ft832
TypeApartment/Condo
StructureMulti Family, Residential Attached
Year Built1994
Size832 sqft
Parking1 parking spot
Stories32
Taxes$2,729.16 /yr (2025)
Strata$662.78/mo
PetsYes With Restrictions
StatusFor Sale
MLS®#R3134359
Added
Updated
Listed ByRE/MAX Crest Realty
MLS RECIPROCITY

Property Description507 388 DRAKE STREET, Vancouver, BC

YALETOWN LIVING AT ITS FINEST! Welcome to this bright and beautifully maintained residence located in the heart of one of Vancouver West’s most desirable communities. Featuring brand new flooring and fresh paint throughout, this turn-key home offers an exceptional urban lifestyle with an efficient, functional layout designed to maximize space and natural light. Steps away from the iconic seawall, world-class dining, boutique shopping, and the Yaletown-Roundhouse Skytrain station, convenience is truly at your doorstep. Perfect for urban professionals, first-time buyers, or savvy investors looking for a prime property in a highly sought-after concrete building. Move right in and enjoy!

This Apartment/Condo home located at 388 Drake Street, Vancouver is currently for sale and has been available on Strawhomes.com for 116 days. This property is listed at $849,000 with an estimated mortgage of $3,971* per month. It has 2 beds, 2 bathrooms, and is 832 square feet. The property was built in 1994. 507 388 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 507 388 DRAKE STREET, Vancouver

Property

Area Minor
Yaletown
Postal Code
V6B 6A8
Property Sub Type
Apartment/Condo
Year Built
1,994
Size (Interior)
832 sqft
Building Area Total
832 sqft
Area Major
Vancouver West
Property Type
Residential
Status
Active
Last Modified
2026-10-01

Inside

Bathrooms
2
Main Level Bathrooms
Laundry Features
In Unit
Flooring
Laminate, Tile
Rooms
Above Grade Finished Area
Below Grade Finished Area
Kitchen Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Bedrooms
2
Interior Features
Elevator

Building

Roof
Other
Floor Area Below Grade
Stories
32
Heating
Baseboard, Radiant
Foundation
Block
Structure
Multi Family, Residential Attached
View
Yes
View Description
HEART OF YALETOWN
Construction
Concrete, Mixed (Exterior), Stone (Exterior)
Exterior Features
No Outdoor Area

Parking

Parking Space (A)
1
Parking Features
Garage Under Building, Guest, Side Access
Garage
Yes

Fees

Taxes
$2,729.16
Tax Year
2,025
Maintenance Fee
$662.78/month
Common Elements Included
Bike Room, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management

Utilities

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

Highlights

Building Amenities
Bike Room, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management
Community Features
Shopping Nearby

Land

Lot Features
Central Location, Marina Nearby, Recreation Nearby

Listing Details

MLS® Number
R3134359
Ownership
Freehold Strata
Age
32 years
Main Floor Finished Area
832 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 507 388 DRAKE STREET, Vancouver

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

YearLand + ImprovementsAssessment
2026$525,000 + $301,000$826,000

Location

Similar HomesShop homes for sale similar to 507 388 DRAKE STREET, Vancouver

NeighbourhoodNearby Amenities, Schools, Commute and Travel Times near - 507-388 Drake Street, Vancouver

AreaAvg. PriceUpdated
This Home$849,000Jun 8, 2026
Vancouver$1,949,580Oct 5, 2026
Yaletown$1,236,693Oct 5, 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: 507 388 DRAKE STREET, Vancouver

With 4,664 apartments for sale/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 $1,020 per square foot. Monthly strata fees for this unit are $662.78. The property offers 1 parking space, a garage, scenic views. Annual property taxes were assessed at $2,729 in 2025.

The address of 507 388 DRAKE STREET, unit number 507, 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 12 homes currently on the market, while the district of Yaletown has 238 postings on the market. That's just 5.1% of the 4,664 total listings for sale in the city of Vancouver. In Yaletown, the average asking price for a apartment/condo is $1,230,479, which translates to a monthly mortgage payment of around $5,755.* This is 0.6 times the average price of $1,939,180 for a similar apartment/condo in the city of Vancouver.

Yaletown listed apartments/condos average 1,013 sq ft, 2 beds, and 2 baths.

In the area surrounding 507 388 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®#: R3134359 · $849,000 · 2 bedroom apartment/condo in Yaletown Vancouver.

FAQs About 507-388 Drake Street, Vancouver

What is the square footage of this condo?
507-388 Drake Street, MLS® R3134359 has a size of 832 sqft. This is below the average square footage for condo in the Yaletown neighbourhood, which is 998 sqft.
What are nearby schools to 507-388 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 507-388 Drake Street, MLS® R3134359.
Does this condo have parking available?
Yes, there is parking available for the condo at 507-388 Drake Street with 1 spot.
What are annual taxes for 507-388 Drake Street, Vancouver, BC?
Annual taxes for this home are estimated at $2,729 per year based on 2025 tax year reports.
Is 507-388 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 507-388 Drake Street compare to other homes selling in Yaletown, Vancouver?
This home is listed at 29.8% below average condo prices for Yaletown and has been on the market for 70 days longer than the typical home in that neighbourhood.
What building is this condo a part of?
388 Drake Street Unit 507 is part of the building 388 Drake Street and other units for sale include unit 2101, unit 802 and unit 2505.

Condo for sale in Vancouver West, Vancouver, BC, MLS® R3134359

The list price of the Condo at 507-388 Drake Street, Vancouver is $849,000 and has been listed on strawhomes.com. 507-388 Drake Street, Vancouver, BC V6B 6A8 has 2 beds, 2 baths, and is 832 sq ft. This MLS® listing ID R3134359 was built in 1994. 507-388 Drake Street, Vancouver is located in the city of Vancouver Condos for sale, and situated in a great neighbourhood called Yaletown Condos for sale.

This Condo is an attached property that is currently for sale and was listed on June 8, 2026, or listed 4 months ago on our web site. This condo is for sale and is located in the neighbourhood of Yaletown, in the The Governor's Tower complex. It was built in the year of 1994, or 32 years old. The full mailing address is 507-388 Drake Street, Vancouver, BC, V6B 6A8. It has 2 beds & 2 baths. The list price of this condo is $849,000 and the living area is 832 sq ft, or $1,020 per square foot. The monthly strata fee is $663 and the ownership is freehold strata.

Upcoming Open Houses

The postal code V6B 6A8 has a few open houses in Vancouver British Columbia Canada. This Yaletown condo for sale is one of Lower Mainlands best priced properties in the Yaletown neighbourhood.

If you would like to calculate your mortgage payment for this listing located at V6B 6A8 and need a mortgage calculator please see above.

Home Value

For sellers wanting to get a home value of their condo for sale near This MLS® listing ID R3134359, please contact us using make an appointment button below and then click to see what is my home worth button to have a Vancouver listing agent contact you with our selling system. Richard Morrison is a top real estate agent located in Vancouver Yaletown.

Price History

You can see Price History, house prices, Walk Score, and property disclosure above. The data relating to real estate on this website (MLS® R3134359) comes in part from the Vancouver MLS® Reciprocity program of either Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB).