505 - 388 Drake Street, Yaletown, Vancouver, V6B 6A8 – 2 Bed Condo for Sale

2 Bath · MLS: R3108977

$1,048,000
Active Listed 1 month ago

Details

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Beds
2

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Bath
2

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Built
1995

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Living Area
1056 SqFt.

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$/SqFt.

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Taxes
$3,949

Description

Welcome to Governor''s Tower, one of Yaletown''s premier waterfront residences. This rare podium penthouse sits atop the 5-storey podium with no unit above and minimal shared walls, offering exceptional privacy and natural light from three exposures. East-facing primary bedroom enjoys morning sun. South-facing living room overlooks David Lam Park and False Creek. West-facing kitchen and covered balcony frame sunset views over the water. Floor-to-ceiling windows throughout. 2 bedrooms, 2 full bathrooms, 1,056 sq ft. Building fully rain-screened (2010) and re-piped (2018). Amenities include 24hr concierge, indoor pool, hot tub, sauna and gym. One underground parking stall and storage locker included. Steps to the seawall, David Lam Park, Canada Line and Yaletown''s best dining and shopping.

Strata ByLaws

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Animals
Pets Allowed w/Rest

History

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About Yaletown, Vancouver — Condos Market

Over the past 12 months, 399 condos have sold in Yaletown, Vancouver, with properties spending an average of 40 days on market. Sign in to view sold price data.

There are currently 236 other condos for sale in Yaletown. Browse all Yaletown condos for sale.

236
Active Listings
399
Sold (12 Mo)
40
Avg Days on Market

Amenities

Exercise Centre Sauna/Steam Room Caretaker Trash Maintenance Grounds Hot Water Management Recreation Facilities Garden Playground Balcony Elevator Storage In Unit Indoor Swirlpool/Hot Tub

Features

Swirlpool/Hot Tub

Site Influences

Garden Playground Balcony

Property Information

MLS® # R3108977
Property Type Apartment
Dwelling Type Apartment Unit
Home Style Multi Family,Residential Attached
Kitchens 1
Year Built 1995
Parking Underground,Guest,Front Access
Tax $3,949 in 2025
Strata No LMS1725
Postal Code V6B 6A8
Complex Name Governor''s Tower
Strata Fees $860
Address 505 - 388 Drake Street
Subarea Yaletown
City Vancouver
Listed By Royal Pacific Lions Gate Realty Ltd.

Floor Area (sq. ft.)

Main Floor 1,056
Above 1,056
Total 1,056

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
04/08/2026 This Property 2 2 1 $1,048,000 Login to View 58 1 1995 1,056 sqft N/A
05/25/2026

1206 388 Drake Street

2 2 1 $1,048,800 Login to View 11 1 1994 1,164 sqft N/A
03/30/2026

2809 1480 Howe Street

2 2 1 $1,050,000 Login to View 67 1 2020 816 sqft N/A
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
05/13/2026

2003 499 Pacific Street

2 2 1 $1,999,900 $1,925,000 (-3.7%) Login to View 16 1 2018 1,201 sqft N/A
05/04/2026

213 1088 Richards Street

1 1 1 $619,900 $597,900 (-3.5%) Login to View 27 1 2011 623 sqft N/A
05/01/2026

201 499 Pacific Street

2 2 1 $1,399,000 $1,320,000 (-5.6%) Login to View 1 2018 972 sqft N/A
05/01/2026

501 1155 Homer Street

2 2 1 $1,068,000 $1,030,000 (-3.6%) Login to View 23 1 1994 1,008 sqft N/A
04/23/2026

301 1238 Homer Street

2 1 1 $769,000 $762,500 (-0.8%) Login to View 3 1 1998 918 sqft N/A
04/22/2026

3706 1033 Marinaside Crescent

2 2 1 $1,790,000 $1,650,000 (-7.8%) Login to View 54 1 2001 1,258 sqft N/A
04/22/2026

1901 1033 Marinaside Crescent

1 1 1 $799,000 $773,000 (-3.3%) Login to View 15 1 2001 752 sqft N/A
04/18/2026

1601 1228 Marinaside Crescent

2 2 1 $1,575,000 $1,470,000 (-6.7%) Login to View 9 1 1997 1,175 sqft N/A
04/17/2026

505 1238 Richards Street

1 1 1 $578,800 $575,000 (-0.7%) Login to View 4 1 1998 643 sqft N/A
04/13/2026

501 1455 Howe Street

2 2 0 $949,900 $912,000 (-4.0%) Login to View 160 1 2007 917 sqft N/A
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
1 hour ago

B307 1331 Homer Street

1 1 1 $798,369 Login to View 0 1 1990 890 sqft N/A
18 hours ago

3809 1480 Howe Street

1 1 1 $799,000 Login to View 1 1 2020 590 sqft N/A
22 hours ago

2206 1201 Marinaside Crescent

2 2 1 $998,000 Login to View 1 1 1997 1,165 sqft N/A
23 hours ago

3908 1480 Howe Street

1 1 1 $525,000 Login to View 1 1 2020 385 sqft N/A
19 hours ago

2901 1008 Cambie Street

1 1 1 $689,000 Login to View 2 1 1997 721 sqft N/A
23 hours ago

3104 928 Homer Street

2 2 1 $1,099,000 Login to View 2 1 2006 1,033 sqft N/A
1 day ago

1110 928 Beatty Street

1 1 0 $699,999 Login to View 2 1 2005 669 sqft N/A
1 day ago

2809 928 Homer Street

1 1 1 $648,000 Login to View 2 1 2006 574 sqft N/A
1 day ago

3205 193 Aquarius Mews

1 1 1 $718,000 Login to View 2 1 2000 625 sqft N/A
1 day ago

509 990 Beach Avenue

2 2 1 $1,098,000 Login to View 3 2 1991 1,145 sqft N/A
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
11 hours ago

2009 63 Keefer Place

2 2 1 $835,000 Login to View 1 1 2000 901 sqft N/A
18 hours ago

2008 438 Seymour Street

2 2 1 $649,900 Login to View 1 1 1996 710 sqft N/A
22 hours ago

2206 1201 Marinaside Crescent

2 2 1 $998,000 Login to View 1 1 1997 1,165 sqft N/A
18 hours ago

403 1530 W 8th Avenue

2 2 1 $1,068,000 Login to View 2 1 2005 983 sqft N/A
1 day ago

305 560 Cardero Street

2 2 1 $1,099,000 Login to View 2 1 1997 1,020 sqft N/A
1 day ago

901 2988 Alder Street

2 2 1 $1,349,000 Login to View 2 1 1992 1,283 sqft N/A
1 day ago

104 688 E 16th Avenue

2 2 1 $739,000 Login to View 2 1 1999 784 sqft N/A
1 day ago

901 2350 W 39th Avenue

2 2 1 $1,550,000 Login to View 2 1 1987 1,441 sqft N/A
21 hours ago

2102 588 Broughton Street

2 2 1 $989,000 Login to View 3 1 1995 942 sqft N/A
1 day ago

905 1316 W 11th Avenue

2 2 1 $920,000 Login to View 3 1 2001 850 sqft N/A

Condo for Sale in Yaletown, Vancouver

Condo for sale in Yaletown, Vancouver — listed at $1,048,000. This 2 bedroom, 2 bathroom condo offers 1,056 sq ft of living space ($992/sq ft) and was built in 1995. Located in the Governor''s Tower complex in Yaletown, Vancouver. Home style: Multi Family,residential Attached. Parking: Underground,Guest,Front Access. Outdoor: Garden, Playground, Balcony. Building amenities include Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water. Property features include Swirlpool/Hot Tub. View: David Lam Park, False Creek. Strata bylaws: Pets Allowed W/rest. Monthly strata fees are $860. Annual property taxes: $3,949 (2025). Listed by Royal Pacific Lions Gate Realty Ltd. — MLS® #R3108977.

Frequently Asked Questions About 505 - 388 Drake Street

What year was this home built in?

505 - 388 Drake Street, Vancouver, V6B 6A8 was built in 1995.

How long has this property been listed for?

505 - 388 Drake Street, Vancouver, V6B 6A8 was listed on 04/08/2026 by Royal Pacific Lions Gate Realty Ltd..

Is there a basement in this home?

None.

What is the listing price of 505 - 388 Drake Street, Vancouver, V6B 6A8?

The listing price of 505 - 388 Drake Street, Vancouver, V6B 6A8 is $1,048,000.

How many bedrooms does 505 - 388 Drake Street, Vancouver, V6B 6A8 have?

505 - 388 Drake Street, Vancouver, V6B 6A8 is a 2 bedroom, 2 bathroom condo with 1056 sq ft of living space.

What is the square footage of 505 - 388 Drake Street, Vancouver, V6B 6A8?

505 - 388 Drake Street, Vancouver, V6B 6A8 has 1056 sq ft of living space.

What are the strata fees at 505 - 388 Drake Street, Vancouver, V6B 6A8?

The monthly strata (maintenance) fees at 505 - 388 Drake Street, Vancouver, V6B 6A8 are $860.

Are pets allowed at 505 - 388 Drake Street, Vancouver, V6B 6A8?

Pets are allowed at 505 - 388 Drake Street, Vancouver, V6B 6A8.

What is the MLS® number for 505 - 388 Drake Street, Vancouver, V6B 6A8?

The MLS® number for 505 - 388 Drake Street, Vancouver, V6B 6A8 is R3108977.

What neighbourhood is 505 - 388 Drake Street, Vancouver, V6B 6A8 in?

505 - 388 Drake Street, Vancouver, V6B 6A8 is located in the Yaletown neighbourhood of Vancouver, BC.
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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of BC Condos & Homes - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC

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