1206 - 388 Drake Street, Yaletown, Vancouver – 2 Bed Condo for Sale

$999,000
Active Listed 1 month ago
Key facts
Beds
2
Baths
2
Living area
1,164 sqft
$ / sqft
Login
Strata fee
$946/mo
Year built
1994
Property tax
$3,709/yr
MLS®
R3150604

Description

Expansive city views from every window with peek-a-boo water views of False Creek. This spacious 1,164 sqft home features 2 bedrooms plus a separate den with corner windows, perfect for a work-from-home office, and 2 full bathrooms. Functional layout with large open living and dining areas, bay window in the living room, and windows on 3 sides bringing in exceptional natural light. Includes 2 parking stalls and 1 large storage locker. Fully rainscreened with new windows (2011), re-piped (2019), new elevators (2021), and $2M amenities renovation (2023). Steps to Yaletown’s best restaurants, Choices Market, David Lam Park, Canada Line, and the Seawall. Governor’s Tower offers a 24-hour concierge, indoor pool, hot tub, sauna, gym, and outdoor garden with playground. One of best YT buildings.

Building Snapshot — Governor's Tower

7 other homes for sale in this building  ·  1 sold here in the last 6 months — 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
7
Active Listings
$1,188,286
Avg Ask
$1,027/sqft
Avg Ask $/sqft
1
Sold (6 mo)
$818,000
Avg Sold

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 $999,000 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, 381 condos have sold in Yaletown, Vancouver, with properties spending an average of 37 days on market. Sign in to view sold price data.

There are currently 205 other condos for sale in Yaletown. Browse all Yaletown condos for sale.

205
Active Listings
381
Sold (12 Mo)
37
Avg Days on Market

Amenities

Bike Room Exercise Centre Sauna/Steam Room Maintenance Grounds Hot Water Management Recreation Facilities Water No Outdoor Area Elevator Indoor Swirlpool/Hot Tub

Features

Swirlpool/Hot Tub

Site Influences

No Outdoor Area

Property Information

MLS® # R3150604
Property Type Apartment
Dwelling Type Apartment Unit
Home Style Multi Family,Residential Attached
Kitchens 1
Year Built 1994
Parking Garage Under Building
Tax $3,709 in 2025
Strata No LMS1725
Postal Code V6B 6A8
Complex Name Governor''s Tower
Strata Fees $947
Address 1206 - 388 Drake Street
Subarea Yaletown
City Vancouver
Listed By Framework Marketing Inc.

Floor Area (sq. ft.)

Main Floor 1,164
Above 1,164
Total 1,164

Building

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
07/28/2026 This Property 2 2 1 $999,000 Login to View 45 1 1994 1,164 sqft N/A
07/21/2026

3302 193 Aquarius Mews

2 2 1 $988,000 Login to View 52 1 2000 818 sqft N/A
09/01/2026

3202 193 Aquarius Mews

2 2 1 $979,000 Login to View 10 1 2000 804 sqft N/A
04/12/2026

605 1055 Homer Street

2 2 1 $999,000 Login to View 152 1 2003 906 sqft N/A
08/10/2026

1901 1201 Marinaside Crescent

2 2 1 $998,000 Login to View 32 5 1996 976 sqft N/A
07/15/2026

2204 950 Cambie Street

2 2 1 $998,000 Login to View 58 1 1994 1,220 sqft N/A
02/24/2026

10a 199 Drake Street

2 2 1 $989,000 Login to View 199 1 1995 951 sqft N/A
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
09/04/2026

1201 1228 Marinaside Crescent

2 2 1 $1,495,000 $1,422,500 (-4.8%) Login to View 60 1 1997 1,176 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

403 988 Richards Street

1 2 1 $899,900 $899,900 (0.0%) Login to View 16 2 2006 803 sqft N/A
07/24/2026

806 1318 Homer Street

2 2 1 $1,248,000 $1,190,000 (-4.6%) Login to View 25 1 1995 1,112 sqft N/A
07/22/2026

303 1133 Homer Street

1 1 1 $599,000 $578,000 (-3.5%) Login to View 9 1 2008 595 sqft N/A
07/16/2026

1905 1155 Homer Street

2 2 1 $975,000 $955,000 (-2.1%) Login to View 8 1 1993 1,033 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
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
57 minutes ago

705 583 Beach Crescent

2 2 1 $1,359,900 Login to View 0 1 2005 1,041 sqft N/A
1 day ago

407 1216 Homer Street

1 1 1 $839,000 Login to View 1 1 1997 804 sqft N/A
1 day ago

2106 1500 Howe Street

2 2 1 $1,080,000 Login to View 1 1 1989 981 sqft N/A
1 day ago

167 1233 Pacific Boulevard

0 0 0 $58,000 Login to View 1 1 1994 118 sqft N/A
1 day ago

503 1228 Homer Street

1 1 1 $865,000 Login to View 2 1 2006 807 sqft N/A
1 day ago

3601 1438 Richards Street

3 3 1 $3,098,000 Login to View 2 1 2004 1,825 sqft N/A
2 days ago

410 1088 Richards Street

1 1 1 $599,000 Login to View 2 1 2011 580 sqft N/A
2 days ago

Th938 Homer Street

3 4 1 $1,599,900 Login to View 2 3 2006 1,887 sqft N/A
2 days ago

2002 1408 Strathmore Mews

2 2 1 $1,399,000 Login to View 2 1 2002 982 sqft N/A
1 day ago

4201 499 Pacific Street

3 4 1 $6,999,000 Login to View 3 1 2018 3,507 sqft N/A
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
1 day ago

201 760 Kingsway

2 2 1 $738,000 Login to View 1 1 1997 902 sqft N/A
1 day ago

2106 1500 Howe Street

2 2 1 $1,080,000 Login to View 1 1 1989 981 sqft N/A
1 day ago

307 1311 Beach Avenue

2 2 1 $2,055,888 Login to View 1 2 1989 1,580 sqft N/A
1 day ago

Ph 409 1859 Spyglass Place

2 2 1 $1,850,000 Login to View 1 1 1989 1,206 sqft N/A
1 day ago

2408 4625 Valley Drive

2 2 1 $1,098,000 Login to View 2 1 2002 1,033 sqft N/A
1 day ago

309 760 Kingsway

2 2 1 $749,900 Login to View 2 1 1997 881 sqft N/A
1 day ago

208 2677 Broadway Street

2 2 0 $629,000 Login to View 2 4 1996 917 sqft N/A
2 days ago

209 1924 Comox Street

2 2 1 $825,000 Login to View 2 1 1987 902 sqft N/A
2 days ago

3202 501 Pacific Street

2 2 1 $950,000 Login to View 2 1 1999 863 sqft N/A
2 days ago

302 2189 W 42nd Avenue

2 2 1 $899,000 Login to View 2 1 1988 1,277 sqft N/A

Condo for Sale in Yaletown, Vancouver

Condo for sale in Yaletown, Vancouver — listed at $999,000. This 2 bedroom, 2 bathroom condo offers 1,164 sq ft of living space ($858/sq ft) and was built in 1994. Home style: Multi Family,residential Attached. Parking: Garage Under Building. Outdoor: No Outdoor Area. Building amenities include Bike Room, Exercise Centre, Sauna/Steam Room, Maintenance Grounds, Hot Water, Management. Property features include Swirlpool/Hot Tub. View: City. Strata bylaws: Cats Ok, Dogs Ok, Number Limit (two), Pets Allowed W/rest. Monthly strata fees are $947. Annual property taxes: $3,709 (2025). Listed by Framework Marketing Inc. — MLS® #R3150604. Located in Governor's Tower in Yaletown, Vancouver.

Frequently Asked Questions About 1206 - 388 Drake Street

Common questions buyers ask about this listing:

What year was this home built in?

1206 - 388 Drake Street, Vancouver, V6B 6A8 was built in 1994.

How long has this property been listed for?

1206 - 388 Drake Street, Vancouver, V6B 6A8 was listed on 07/28/2026 by Framework Marketing Inc..

Is there a basement in this home?

None.

What is the listing price of this condo?

The listing price of 1206 - 388 Drake Street, Vancouver, V6B 6A8 is $999,000.

How many bedrooms does this condo have?

1206 - 388 Drake Street, Vancouver, V6B 6A8 is a 2 bedroom, 2 bathroom condo with 1164 sq ft of living space.

What is the square footage of this condo?

1206 - 388 Drake Street, Vancouver, V6B 6A8 has 1164 sq ft of living space.

What are the strata fees at this condo?

The monthly strata (maintenance) fees at 1206 - 388 Drake Street, Vancouver, V6B 6A8 are $947.

Are pets allowed at this condo?

Pets are allowed at 1206 - 388 Drake Street, Vancouver, V6B 6A8.

What is the MLS® number for this condo?

The MLS® number for 1206 - 388 Drake Street, Vancouver, V6B 6A8 is R3150604.

What neighbourhood is this condo in?

1206 - 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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