505 - 388 Drake Street, Yaletown, Vancouver – 2 Bed Condo for Sale
2 Bed · 2 Bath · 1,056 sqft
MLS: R3136796
Details
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.
Building Snapshot — Governor's Tower
Strata ByLaws
History
Mortgage
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About Yaletown, Vancouver — Condos Market
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Amenities
Features
Site Influences
Property Information
| MLS® # | R3136796 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 06/15/2026 | This Property | 2 | 2 | 1 | $1,028,000 | Login to View | 55 | 1 | 1995 | 1,056 sqft | N/A |
| 07/21/2026 | 1005 1480 Howe Street |
2 | 2 | 1 | $1,048,000 | Login to View | 19 | 1 | 2020 | 849 sqft | N/A |
| 03/09/2026 | 401 1072 Hamilton Street |
2 | 2 | 1 | $1,021,000 | Login to View | 153 | 1 | 2000 | 996 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | Sold Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 07/24/2026 | 407 1088 Richards Street |
1 | 1 | 1 | $629,900 | $612,000 (-2.8%) | Login to View | 66 | 1 | 2011 | 585 sqft | N/A |
| 07/21/2026 | 2006 89 Nelson Street |
2 | 2 | 0 | $1,048,000 | $1,025,000 (-2.2%) | Login to View | 71 | 1 | 2019 | 758 sqft | N/A |
| 07/12/2026 | 4302 1408 Strathmore Mews |
2 | 3 | 1 | $2,499,000 | $2,290,000 (-8.4%) | Login to View | 131 | 1 | 2002 | 1,485 sqft | N/A |
| 07/08/2026 | 501 1099 Marinaside Crescent |
3 | 2 | 1 | $2,299,900 | $2,175,000 (-5.4%) | Login to View | 28 | 1 | 2000 | 1,438 sqft | N/A |
| 07/08/2026 | 509 990 Beach Avenue |
2 | 2 | 1 | $1,098,000 | $1,080,000 (-1.6%) | Login to View | 36 | 2 | 1991 | 1,145 sqft | N/A |
| 07/08/2026 | 1702 928 Richards Street |
1 | 1 | 1 | $520,000 | $510,000 (-1.9%) | Login to View | 14 | 1 | 2000 | 509 sqft | N/A |
| 06/26/2026 | 3302 33 Smithe Street |
2 | 2 | 1 | $1,198,800 | $1,180,000 (-1.6%) | Login to View | 11 | 1 | 2008 | 1,090 sqft | N/A |
| 06/19/2026 | 1203 1008 Cambie Street |
1 | 1 | 1 | $549,900 | $530,000 (-3.6%) | Login to View | 29 | 1 | 1998 | 594 sqft | N/A |
| 06/15/2026 | 1202 928 Beatty Street |
2 | 2 | 1 | $869,000 | $843,000 (-3.0%) | Login to View | 33 | 1 | 2006 | 869 sqft | N/A |
| 06/09/2026 | 1001 89 Nelson Street |
2 | 2 | 1 | $1,130,000 | $1,065,000 (-5.8%) | Login to View | 49 | 1 | 2019 | 913 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 day ago | 1501 455 Beach Crescent |
1 | 1 | 1 | $944,999 | Login to View | 2 | 1 | 2005 | 770 sqft | 770 sqft |
| 3 days ago | 1202 1455 Howe |
1 | 1 | 1 | $690,000 | Login to View | 3 | 1 | 2007 | 740 sqft | N/A |
| 2 days ago | 1003 930 Cambie Street |
2 | 2 | 1 | $918,000 | Login to View | 4 | 1 | 1994 | 1,092 sqft | N/A |
| 3 days ago | 908 1408 Strathmore Mews |
2 | 2 | 1 | $1,349,900 | Login to View | 4 | 1 | 2002 | 1,072 sqft | N/A |
| 3 days ago | 404 1501 Howe Street |
2 | 2 | 1 | $1,075,000 | Login to View | 4 | 1 | 1992 | 1,139 sqft | N/A |
| 4 days ago | 305 989 Beatty Street |
1 | 1 | 1 | $526,900 | Login to View | 4 | 1 | 2004 | 576 sqft | N/A |
| 4 days ago | 804 1133 Homer Street |
2 | 2 | 1 | $850,000 | Login to View | 4 | 1 | 2008 | 814 sqft | N/A |
| 4 days ago | B901 1331 Homer Street |
1 | 1 | 1 | $739,000 | Login to View | 4 | 1 | 1989 | 806 sqft | N/A |
| 2 days ago | 804 950 Cambie Street |
3 | 2 | 1 | $899,900 | Login to View | 5 | 1 | 1994 | 1,121 sqft | N/A |
| 4 days ago | 2106 918 Cooperage Way |
2 | 2 | 0 | $1,598,000 | Login to View | 5 | 1 | 2008 | 1,266 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 day ago | 2105 1128 Quebec Street |
2 | 2 | 1 | $1,688,000 | Login to View | 2 | 1 | 1994 | 1,421 sqft | N/A |
| 2 days ago | 702 588 Broughton Street |
2 | 2 | 1 | $1,051,000 | Login to View | 2 | 1 | 1995 | 958 sqft | N/A |
| 1 day ago | 229 5735 Hampton Place |
2 | 2 | 1 | $899,000 | Login to View | 3 | 1 | 1996 | 1,015 sqft | N/A |
| 2 days ago | 907 2201 Pine Street |
2 | 2 | 1 | $1,249,900 | Login to View | 3 | 1 | 1991 | 990 sqft | 990 sqft |
| 3 days ago | 1201 1050 Burrard Street |
2 | 2 | 1 | $1,248,000 | Login to View | 3 | 1 | 1994 | 1,162 sqft | N/A |
| 3 days ago | 203 2468 E Broadway |
2 | 2 | 1 | $789,000 | Login to View | 3 | 1 | 1995 | 932 sqft | N/A |
| 3 days ago | 804 1355 W Broadway |
2 | 2 | 1 | $998,000 | Login to View | 3 | 1 | 1988 | 1,275 sqft | N/A |
| 2 days ago | 1003 930 Cambie Street |
2 | 2 | 1 | $918,000 | Login to View | 4 | 1 | 1994 | 1,092 sqft | N/A |
| 3 days ago | 908 1408 Strathmore Mews |
2 | 2 | 1 | $1,349,900 | Login to View | 4 | 1 | 2002 | 1,072 sqft | N/A |
| 3 days ago | 404 1501 Howe Street |
2 | 2 | 1 | $1,075,000 | Login to View | 4 | 1 | 1992 | 1,139 sqft | N/A |
Condo for Sale in Yaletown, Vancouver
Condo for sale in Yaletown, Vancouver — listed at $1,028,000. This 2 bedroom, 2 bathroom condo offers 1,056 sq ft of living space ($973/sq ft) and was built in 1995. 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® #R3136796. Located in Governor's Tower in Yaletown, Vancouver.
Frequently Asked Questions About 505 - 388 Drake Street
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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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