507 - 388 Drake Street, Yaletown, Vancouver – 2 Bed Condo for Sale

$849,000
Active Listed 3 months ago
Key facts
Beds
2
Baths
2
Living area
832 sqft
$ / sqft
Login
Strata fee
$662/mo
Year built
1994
Property tax
$2,729/yr
MLS®
R3134359

Description

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!

Building Snapshot — Governor's Tower

8 other homes for sale in this building — see the full picture →

Year Built: 1995
Total Units: 237
Strata Plan: LMS1725
Pet Policy: Dogs & Cats Allowed
Rental Policy: Rentals Allowed
Amenities: EXERCISE CENTRE, IN SUITE LAUNDRY, POOL; INDOOR, SWIRLPOOL/HOT TUB
8
Active Listings
$1,146,000
Avg Ask
$1,007/sqft
Avg Ask $/sqft

See all suites & sold prices in this building →

Strata ByLaws

svg_pet
Animals
Pets Allowed w/Rest

History

Mortgage & Wealth

Your estimated monthly cost — including strata and taxes — and the equity you could build over 5 years on this $849,000 home. Adjust the two figures below to match your plan.

Monthly Cost
Mortgage payment
Strata / maintenance
Property tax (est.)
Total / month
5-Year Wealth
Down payment
Mortgage paid down (5 yr)
Est. appreciation*
Equity after 5 yrs

*Assumes a conservative 3%/yr appreciation. Estimates only — your rate, term and CMHC costs may vary. Mortgage questions? Call us 604-330-3784

Mortgage Pre-Qualification

About Yaletown, Vancouver — Condos Market

Over the past 12 months, 379 condos have sold in Yaletown, Vancouver, with properties spending an average of 38 days on market. Sign in to view sold price data.

There are currently 201 other condos for sale in Yaletown. Browse all Yaletown condos for sale.

201
Active Listings
379
Sold (12 Mo)
38
Avg Days on Market

Amenities

Bike Room Recreation Facilities Concierge Caretaker Trash Maintenance Grounds Gas Hot Water Management Shopping Nearby No Outdoor Area Elevator In Unit Indoor

Features

Washer/Dryer Dishwasher Refrigerator Stove

Site Influences

Shopping Nearby No Outdoor Area Central Location Marina Nearby Recreation Nearby

Property Information

MLS® # R3134359
Property Type Apartment
Dwelling Type Apartment Unit
Home Style Multi Family,Residential Attached
Kitchens 1
Year Built 1994
Parking Garage Under Building,Guest,Side Access
Tax $2,729 in 2025
Strata No LMS1725
Postal Code V6B 6A8
Complex Name The Governor''s Tower
Strata Fees $663
Address 507 - 388 Drake Street
Subarea Yaletown
City Vancouver
Listed By RE/MAX Crest Realty

Floor Area (sq. ft.)

Main Floor 832
Above 832
Total 832

Building

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
06/08/2026 This Property 2 2 1 $849,000 Login to View 92 1 1994 832 sqft N/A
07/10/2026

2102 930 Cambie Street

2 2 1 $825,000 Login to View 60 1 1994 1,047 sqft N/A
01/06/2026

701 1133 Homer Street

2 2 1 $829,000 Login to View 245 1 2008 805 sqft N/A
08/05/2026

804 1133 Homer Street

2 2 1 $850,000 Login to View 34 1 2008 814 sqft N/A
07/27/2026

105 388 Drake Street

2 2 1 $850,000 Login to View 43 0 1995 975 sqft N/A
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
08/21/2026

5a 139 Drake Street

2 2 1 $1,349,900 $1,350,000 (0.0%) Login to View 58 1 1996 1,207 sqft N/A
08/18/2026

505 1201 Marinaside Crescent

2 2 1 $1,549,800 $1,480,000 (-4.5%) Login to View 6 1 1996 1,237 sqft N/A
08/15/2026

1202 1455 Howe

1 1 1 $690,000 $725,000 (5.1%) Login to View 9 1 2007 740 sqft N/A
08/09/2026

504 1501 Howe Street

2 2 1 $1,320,000 $1,320,000 (0.0%) Login to View 20 1 1992 1,140 sqft N/A
07/27/2026

608 1495 Richards Street

1 1 1 $789,000 $760,000 (-3.7%) Login to View 7 1 2004 733 sqft N/A
07/23/2026

2403 1155 Homer Street

1 1 1 $639,000 $610,000 (-4.5%) Login to View 52 29 1995 685 sqft N/A
07/23/2026

703 1495 Richards Street

2 2 1 $1,336,000 $1,330,000 (-0.4%) Login to View 3 1 2004 1,150 sqft N/A
07/21/2026

1802 455 Beach Crescent

2 2 1 $1,338,000 $1,250,000 (-6.6%) Login to View 43 1 2005 1,146 sqft N/A
07/20/2026

1207 455 Beach Crescent

2 1 1 $845,000 $820,000 (-3.0%) Login to View 10 0 2005 735 sqft N/A
07/05/2026

1002 1010 Richards Street

1 1 1 $615,000 $588,800 (-4.3%) Login to View 59 1 2003 568 sqft N/A
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
1 hour ago

805 1455 Howe Street

2 2 1 $1,649,000 Login to View 0 1 2007 1,254 sqft N/A
4 hours ago

808 939 Expo Boulevard

1 1 1 $699,900 Login to View 0 1 2005 675 sqft N/A
5 hours ago

1182 Richards Street

2 3 1 $1,398,000 Login to View 0 3 1995 1,380 sqft N/A
4 days ago

505 930 Cambie Street

2 2 1 $639,900 Login to View 4 1 1994 789 sqft N/A
4 days ago

406 1010 Richards Street

1 1 1 $499,000 Login to View 4 1 2003 530 sqft N/A
4 days ago

3008 939 Expo Boulevard

2 2 1 $968,000 Login to View 5 1 2005 819 sqft N/A
5 days ago

401 1055 Homer Street

1 1 1 $749,900 Login to View 7 1 2003 790 sqft N/A
6 days ago

2803 939 Homer Street

1 1 1 $599,000 Login to View 7 1 1998 573 sqft N/A
6 days ago

708 1408 Strathmore Mews

2 2 1 $1,349,000 Login to View 7 1 2002 1,062 sqft N/A
6 days ago

2503 198 Aquarius Mews

1 1 1 $799,000 Login to View 7 1 1999 534 sqft N/A
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
1 hour ago

1505 590 Nicola Street

2 2 1 $1,388,000 Login to View 0 1 2003 840 sqft N/A
1 hour ago

203 1729 E Georgia Street

2 2 1 $749,000 Login to View 0 1 1993 839 sqft N/A
2 hours ago

201 3220 W 4th Avenue

2 2 1 $1,025,000 Login to View 0 1 1990 1,130 sqft N/A
3 hours ago

201 1147 Nelson Street

2 2 1 $799,000 Login to View 0 1 1986 907 sqft N/A
3 hours ago

502 1255 Main Street

2 2 1 $925,000 Login to View 0 1 1996 1,221 sqft N/A
23 hours ago

107 5788 Vine Street

2 2 1 $799,900 Login to View 1 0 1994 968 sqft N/A
4 days ago

505 930 Cambie Street

2 2 1 $639,900 Login to View 4 1 1994 789 sqft N/A
4 days ago

306 3400 Se Marine Drive

2 2 1 $575,000 Login to View 5 1 1992 1,160 sqft N/A
5 days ago

404 2161 W 12th Avenue

2 2 1 $895,000 Login to View 5 1 1996 840 sqft N/A
5 days ago

101 3270 W 4th Avenue

2 2 1 $789,900 Login to View 6 1 1988 888 sqft N/A

Condo for Sale in Yaletown, Vancouver

Condo for sale in Yaletown, Vancouver — listed at $849,000. This 2 bedroom, 2 bathroom condo offers 832 sq ft of living space ($1,020/sq ft) and was built in 1994. Home style: Multi Family,residential Attached. Parking: Garage Under Building,Guest,Side Access. Outdoor: Shopping Nearby, No Outdoor Area, Central Location, Marina Nearby. Building amenities include Bike Room, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds. Property features include Washer/Dryer, Dishwasher, Refrigerator, Stove. View: Heart Of Yaletown. Strata bylaws: Pets Allowed W/rest. Monthly strata fees are $663. Annual property taxes: $2,729 (2025). Listed by RE/MAX Crest Realty — MLS® #R3134359. Located in Governor's Tower in Yaletown, Vancouver.

Frequently Asked Questions About 507 - 388 Drake Street

Common questions buyers ask about this listing:

What year was this home built in?

507 - 388 Drake Street, Vancouver, V6B 6A8 was built in 1994.

How long has this property been listed for?

507 - 388 Drake Street, Vancouver, V6B 6A8 was listed on 06/08/2026 by RE/MAX Crest Realty.

Is there a basement in this home?

None.

What is the listing price of this condo?

The listing price of 507 - 388 Drake Street, Vancouver, V6B 6A8 is $849,000.

How many bedrooms does this condo have?

507 - 388 Drake Street, Vancouver, V6B 6A8 is a 2 bedroom, 2 bathroom condo with 832 sq ft of living space.

What is the square footage of this condo?

507 - 388 Drake Street, Vancouver, V6B 6A8 has 832 sq ft of living space.

What are the strata fees at this condo?

The monthly strata (maintenance) fees at 507 - 388 Drake Street, Vancouver, V6B 6A8 are $663.

Are pets allowed at this condo?

Pets are allowed at 507 - 388 Drake Street, Vancouver, V6B 6A8.

What is the MLS® number for this condo?

The MLS® number for 507 - 388 Drake Street, Vancouver, V6B 6A8 is R3134359.

What neighbourhood is this condo in?

507 - 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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