206 - 950 Drake Street, Downtown VW, Vancouver – 1 Bed Condo for Sale

$399,000
Active Listed 11 hours ago
Key facts
Beds
1
Baths
1
Living area
573 sqft
$ / sqft
Login
Strata fee
$460/mo
Year built
1978
Property tax
$1,536/yr
MLS®
R3162340

Description

Welcome to Anchor Point! This well-laid-out 1-bedroom home offers comfortable downtown living in a solid concrete building. Enjoy a functional layout, private balcony, and the convenience of parking available for just $40/month through strata, plus storage included. Building amenities include a rooftop patio, garden plots, outdoor seating, and an indoor lounge/party room. Step outside and you’re surrounded by everything downtown Vancouver has to offer, with cafes, restaurants, shops, transit, and the seawall all just a short stroll away. A great opportunity for first-time buyers or investors looking for a well-located home in the heart of the city.

Building Snapshot — Anchor Point

2 other homes for sale in this building  ·  3 sold here in the last 6 months — see the full picture →

Year Built: 1978
Total Units: 141
Strata Plan: VAS1183
Management: First Service Residential
Pet Policy: Dogs & Cats Allowed
Recent Sold Price Range: $330K – $371K
Amenities: ELEVATOR, SHARED LAUNDRY, WHEELCHAIR ACCESS
2
Active Listings
$369,500
Avg Ask
$711/sqft
Avg Ask $/sqft
3
Sold (6 mo)
$345,333
Avg Sold

See all suites & sold prices in this building →

Strata ByLaws

Mortgage & Wealth

Your estimated monthly cost — including strata and taxes — and the equity you could build over 5 years on this $399,000 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 Downtown VW, Vancouver — Condos Market

Over the past 12 months, 511 condos have sold in Downtown VW, Vancouver, with properties spending an average of 43 days on market. Sign in to view sold price data.

There are currently 346 other condos for sale in Downtown VW. Browse all Downtown VW condos for sale.

346
Active Listings
511
Sold (12 Mo)
43
Avg Days on Market

Amenities

Bike Room Clubhouse Trash Maintenance Grounds Hot Water Management Snow Removal Shopping Nearby Garden Balcony Elevator Common Area

Features

Refrigerator Stove

Site Influences

Shopping Nearby Garden Balcony Central Location Recreation Nearby

Property Information

MLS® # R3162340
Property Type Apartment
Dwelling Type Apartment Unit
Home Style Multi Family,Residential Attached
Kitchens 1
Year Built 1978
Parking Garage Under Building,Underground
Tax $1,536 in 2026
Strata No VAS1183
Postal Code V6Z 2B9
Complex Name Anchor Point Ii
Strata Fees $461
Address 206 - 950 Drake Street
Subarea Downtown VW
City Vancouver
Listed By RE/MAX Select Realty

Floor Area (sq. ft.)

Main Floor 573
Above 573
Total 573

Building

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
09/08/2026 This Property 1 1 1 $399,000 Login to View 0 1 1978 573 sqft N/A
08/24/2026

905 819 Hamilton Street

1 1 1 $399,999 Login to View 15 1 1999 450 sqft N/A
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
08/20/2026

202 128 W Cordova Street

2 2 1 $695,000 $640,000 (-7.9%) Login to View 49 1 2009 924 sqft N/A
08/18/2026

906 822 Seymour Street

2 2 1 $699,000 $682,000 (-2.4%) Login to View 19 1 2004 743 sqft N/A
08/13/2026

808 689 Abbott Street

2 2 1 $865,000 $788,038 (-8.9%) Login to View 66 1 2009 1,027 sqft N/A
08/12/2026

407 950 Drake Street

1 1 1 $399,000 $371,000 (-7.0%) Login to View 15 1 1977 551 sqft N/A
08/12/2026

2905 535 Smithe Street

2 2 1 $999,900 $1,030,000 (3.0%) Login to View 8 1 2010 1,004 sqft N/A
08/08/2026

1702 788 Richards Street

1 1 0 $679,000 $635,000 (-6.5%) Login to View 17 5 2007 685 sqft N/A
07/27/2026

2206 788 Richards Street

2 2 1 $889,900 $885,000 (-0.6%) Login to View 6 1 2008 865 sqft N/A
07/24/2026

1705 1155 Seymour Street

1 1 1 $649,000 $649,000 (0.0%) Login to View 4 1 2005 607 sqft N/A
07/22/2026

1906 1283 Howe Street

1 1 1 $499,888 $480,000 (-4.0%) Login to View 13 1 2019 459 sqft N/A
07/19/2026

2106 838 W Hastings Street

2 2 0 $1,499,900 $1,450,000 (-3.3%) Login to View 51 1 2011 1,755 sqft N/A
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
1 hour ago

210 1055 Richards Street

1 1 1 $789,000 Login to View 0 1 2009 601 sqft N/A
1 hour ago

2406 1155 Seymour Street

2 2 1 $1,048,000 Login to View 0 1 2005 936 sqft N/A
1 hour ago

1805 788 Hamilton Street

2 2 1 $899,000 Login to View 0 1 2009 918 sqft N/A
3 hours ago

609 36 Water Street

1 1 1 $779,000 Login to View 0 1 2008 734 sqft N/A
3 hours ago

1805 788 Richards Street

1 1 1 $679,000 Login to View 0 1 2008 641 sqft N/A
1 day ago

2309 688 Abbott Street

1 1 1 $600,000 Login to View 2 1 2007 608 sqft N/A
3 days ago

3505 777 Richards Street

1 1 1 $588,000 Login to View 4 1 2016 515 sqft N/A
4 days ago

502 688 Abbott Street

2 2 1 $899,999 Login to View 4 1 2007 896 sqft N/A
4 days ago

1708 1082 Seymour Street

2 2 1 $799,900 Login to View 5 1 2006 888 sqft N/A
4 days ago

1507 838 W Hastings Street

1 1 1 $898,000 Login to View 5 1 2011 945 sqft N/A
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
1 hour ago

317 1345 W 15th Avenue

1 1 1 $628,800 Login to View 0 1 1977 745 sqft N/A
1 hour ago

108 1490 Pennyfarthing Drive

1 1 1 $625,000 Login to View 0 1 1986 1,012 sqft N/A
4 days ago

2004 1816 Haro Street

1 1 1 $675,000 Login to View 4 1 1974 731 sqft N/A
4 days ago

112 2250 Oxford Street

1 1 1 $549,900 Login to View 5 0 1975 686 sqft N/A
1 week ago

608 1330 Hornby Street

1 1 1 $575,000 Login to View 7 1 1986 619 sqft N/A
1 week ago

720 1333 Hornby Street

1 1 1 $499,000 Login to View 7 1 1982 610 sqft N/A
1 week ago

303 1510 W 1st Avenue

1 1 1 $599,900 Login to View 7 1 1984 839 sqft N/A
4 days ago

205 1251 W 71st Avenue

1 1 1 $429,900 Login to View 8 1 1982 616 sqft N/A
1 week ago

101 2240 Wall Street

1 1 1 $439,000 Login to View 8 1 1975 752 sqft N/A
1 week ago

203 1775 W 10th Avenue

1 1 1 $575,000 Login to View 8 1 1983 618 sqft N/A

Condo for Sale in Downtown VW, Vancouver

Condo for sale in Downtown VW, Vancouver — listed at $399,000. This 1 bedroom, 1 bathroom condo offers 573 sq ft of living space ($696/sq ft) and was built in 1978. Home style: Multi Family,residential Attached. Parking: Garage Under Building,Underground. Outdoor: Shopping Nearby, Garden, Balcony, Central Location. Building amenities include Bike Room, Clubhouse, Trash, Maintenance Grounds, Hot Water, Management. Property features include Refrigerator, Stove. Strata bylaws: No Cats, No Dogs, No. Monthly strata fees are $461. Annual property taxes: $1,536 (2026). Listed by RE/MAX Select Realty — MLS® #R3162340. Located in Anchor Point in Downtown VW, Vancouver.

Frequently Asked Questions About 206 - 950 Drake Street

Common questions buyers ask about this listing:

What year was this home built in?

206 - 950 Drake Street, Vancouver, V6Z 2B9 was built in 1978.

How long has this property been listed for?

206 - 950 Drake Street, Vancouver, V6Z 2B9 was listed on 09/08/2026 by RE/MAX Select Realty.

Is there a basement in this home?

None.

What is the listing price of this condo?

The listing price of 206 - 950 Drake Street, Vancouver, V6Z 2B9 is $399,000.

How many bedrooms does this condo have?

206 - 950 Drake Street, Vancouver, V6Z 2B9 is a 1 bedroom, 1 bathroom condo with 573 sq ft of living space.

What is the square footage of this condo?

206 - 950 Drake Street, Vancouver, V6Z 2B9 has 573 sq ft of living space.

What are the strata fees at this condo?

The monthly strata (maintenance) fees at 206 - 950 Drake Street, Vancouver, V6Z 2B9 are $461.

What is the MLS® number for this condo?

The MLS® number for 206 - 950 Drake Street, Vancouver, V6Z 2B9 is R3162340.

What neighbourhood is this condo in?

206 - 950 Drake Street, Vancouver, V6Z 2B9 is located in the Downtown VW 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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