505 - 388 Drake Street, Yaletown, Vancouver, V6B 6A8 – 2 Bed Condo for Sale
2 Bath · 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.
Strata ByLaws
History
Mortgage
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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 | 1 | 1 | 1995 | 1,056 sqft | N/A |
| 03/30/2026 | 2809 1480 Howe Street |
2 | 2 | 1 | $1,050,000 | Login to View | 78 | 1 | 2020 | 816 sqft | N/A |
| 03/09/2026 | 401 1072 Hamilton Street |
2 | 2 | 1 | $1,021,000 | Login to View | 99 | 1 | 2000 | 996 sqft | N/A |
| 05/25/2026 | 1206 388 Drake Street |
2 | 2 | 1 | $1,048,800 | Login to View | 22 | 1 | 1994 | 1,164 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | Sold Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 06/05/2026 | 1205 989 Beatty Street |
1 | 1 | 1 | $549,000 | $535,000 (-2.6%) | Login to View | 10 | 1 | 2004 | 576 sqft | N/A |
| 06/01/2026 | 3108 1438 Richards Street |
1 | 1 | 1 | $785,000 | $817,000 (4.1%) | Login to View | 9 | 1 | 2004 | 723 sqft | N/A |
| 05/31/2026 | 505 928 Richards Street |
2 | 2 | 1 | $799,000 | $785,000 (-1.8%) | Login to View | 125 | 1 | 2000 | 755 sqft | N/A |
| 05/29/2026 | 1208 1495 Richards Street |
1 | 1 | 1 | $830,000 | $807,500 (-2.7%) | Login to View | 7 | 1 | 2004 | 733 sqft | N/A |
| 05/27/2026 | 3002 1483 Homer Street |
2 | 2 | 1 | $1,830,000 | $1,780,000 (-2.7%) | Login to View | 96 | 1 | 2003 | 1,172 sqft | N/A |
| 05/26/2026 | 903 8 Smithe Mews |
2 | 2 | 1 | $1,498,000 | $1,475,000 (-1.5%) | Login to View | 43 | 1 | 2009 | 1,229 sqft | N/A |
| 05/25/2026 | 1705 1228 Marinaside Crescent |
2 | 2 | 1 | $998,000 | $970,000 (-2.8%) | Login to View | 122 | 1 | 1997 | 964 sqft | N/A |
| 05/23/2026 | 2004 1055 Homer Street |
2 | 2 | 1 | $1,099,000 | $1,040,000 (-5.4%) | Login to View | 9 | 1 | 2003 | 1,043 sqft | N/A |
| 05/13/2026 | 2608 977 Mainland Street |
2 | 2 | 1 | $828,800 | $795,000 (-4.1%) | Login to View | 35 | 1 | 2007 | 738 sqft | N/A |
| 05/06/2026 | 506 583 Beach Crescent |
2 | 2 | 1 | $1,280,000 | $1,160,000 (-9.4%) | Login to View | 120 | 1 | 2005 | 1,056 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 hours ago | 2302 1438 Richards Street |
2 | 2 | 1 | $1,375,000 | Login to View | 0 | 1 | 2004 | 1,143 sqft | N/A |
| 4 hours ago | 1901 1201 Marinaside Crescent |
2 | 2 | 1 | $998,000 | Login to View | 0 | 5 | 1996 | 976 sqft | N/A |
| 37 minutes ago | 2501 909 Mainland Street |
1 | 1 | 1 | $598,000 | Login to View | 1 | 1 | 2006 | 574 sqft | N/A |
| 5 hours ago | 101 426 Beach Crescent |
3 | 3 | 1 | $2,789,000 | Login to View | 1 | 2 | 2005 | 2,060 sqft | N/A |
| 1 day ago | 1202 1455 Howe St |
1 | 1 | 1 | $769,000 | Login to View | 1 | 1 | 2007 | 724 sqft | N/A |
| 1 day ago | 805 628 Kinghorne Mews |
2 | 2 | 1 | $1,390,000 | Login to View | 1 | 1 | 2006 | 1,015 sqft | N/A |
| 1 day ago | 3302 193 Aquarius Mews |
2 | 2 | 1 | $999,000 | Login to View | 1 | 1 | 2000 | 818 sqft | N/A |
| 1 day ago | 3302 33 Smithe Street |
2 | 2 | 1 | $1,198,800 | Login to View | 1 | 1 | 2008 | 1,090 sqft | N/A |
| 1 day ago | 306 583 Beach Crescent |
2 | 2 | 1 | $999,900 | Login to View | 1 | 1 | 2005 | 1,089 sqft | N/A |
| 1 day ago | 407 1066 Hamilton Street |
1 | 2 | 1 | $1,088,000 | Login to View | 1 | 1 | 1994 | 958 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 37 minutes ago | 104 688 E 16th Avenue |
2 | 2 | 1 | $699,000 | Login to View | 0 | 1 | 1999 | 784 sqft | N/A |
| 3 hours ago | 2302 1438 Richards Street |
2 | 2 | 1 | $1,375,000 | Login to View | 0 | 1 | 2004 | 1,143 sqft | N/A |
| 4 hours ago | 1901 1201 Marinaside Crescent |
2 | 2 | 1 | $998,000 | Login to View | 0 | 5 | 1996 | 976 sqft | N/A |
| 5 hours ago | 701 1228 W Hastings Street |
2 | 2 | 1 | $890,000 | Login to View | 0 | 1 | 2002 | 881 sqft | N/A |
| 6 hours ago | 107 2023 Franklin Street |
2 | 2 | 1 | $699,000 | Login to View | 0 | 0 | 1990 | 810 sqft | N/A |
| 7 hours ago | 406 2130 W 12th Avenue |
2 | 2 | 1 | $1,150,000 | Login to View | 0 | 1 | 1995 | 1,090 sqft | N/A |
| 1 hour ago | 211 3250 W Broadway |
2 | 2 | 1 | $870,000 | Login to View | 1 | 1 | 1990 | 928 sqft | N/A |
| 3 hours ago | 205 2080 Se Kent Avenue |
2 | 2 | 1 | $830,000 | Login to View | 1 | 1 | 1994 | 1,087 sqft | N/A |
| 6 hours ago | 2403 1077 Cordova St W |
2 | 2 | 1 | $2,598,000 | Login to View | 1 | 1 | 2005 | 1,537 sqft | N/A |
| 1 day ago | 307 1128 Quebec Street |
2 | 2 | 1 | $920,000 | Login to View | 1 | 1 | 1993 | 1,219 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. 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® #R3136796.
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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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