705 - 388 Drake ST, Yaletown, Vancouver – 2 Bed Condo for Sale

$1,198,800
Active Listed 16 hours ago
Key facts
Beds
2
Living area
1,202 sqft
$ / sqft
Login
Strata fee
$978/mo
Year built
1995
Property tax
$4,142/yr
MLS®
R3164597

Description

Located in vibrant Yaletown at prestigious Governors Tower, this bright southeast-facing 2-bedroom, 2-bathroom home features a versatile den, functional layout, abundant natural light, and captivating views of David Lam Park and False Creek. Enjoy a huge in-suite storage room rarely found in the building. The well-maintained building offers upgraded envelope, piping, elevators and lobby. Building also offers 24-hour concierge, indoor pool, hot tub, sauna, landscaped garden, and children’s playground. Steps to the seawall, parks, restaurants, cafés, shops and SkyTrain, with convenient transit to downtown, Richmond, Burnaby, Chinatown and the airport. A true Yaletown gem!

Building Snapshot — Governor's Tower

8 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
8
Active Listings
$1,189,600
Avg Ask
$1,023/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

Mortgage & Wealth

Your estimated monthly cost — including strata and taxes — and the equity you could build over 5 years on this $1,198,800 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 207 other condos for sale in Yaletown. Browse all Yaletown condos for sale.

207
Active Listings
379
Sold (12 Mo)
38
Avg Days on Market

Amenities

Bike Room Clubhouse Exercise Centre Sauna/Steam Room Concierge Maintenance Grounds Heat Hot Water Management Recreation Facilities Water Garden Playground No Outdoor Area In Unit Indoor Swirlpool/Hot Tub

Features

Swirlpool/Hot Tub

Site Influences

Garden Playground No Outdoor Area

Property Information

MLS® # R3164597
Property Type Apartment
Dwelling Type Apartment Unit
Home Style Multi Family,Residential Attached
Kitchens 1
Year Built 1995
Parking Garage Under Building
Tax $4,142 in 2026
Strata No LMS1725
Postal Code V6B 6A8
Strata Fees $978
Address 705 - 388 Drake ST
Subarea Yaletown
City Vancouver
Listed By Rennie & Associates Realty Ltd.

Floor Area (sq. ft.)

Main Floor 1,202
Above 1,202
Total 1,202

Building

Location

Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
09/04/2026

2903 928 Beatty Street

1 1 1 $599,900 $575,000 (-4.2%) Login to View 60 1 2005 513 sqft N/A
09/02/2026

18c 139 Drake Street

2 2 1 $1,199,000 $1,170,000 (-2.4%) Login to View 37 1 1995 1,128 sqft N/A
08/17/2026

2005 1000 Beach Avenue

2 2 1 $1,150,000 $1,045,000 (-9.1%) Login to View 27 1 1992 1,338 sqft N/A
08/17/2026

405 1455 Howe Street

2 2 1 $1,288,000 $1,288,000 (0.0%) Login to View 5 1 2007 1,284 sqft N/A
08/14/2026

805 628 Kinghorne Mews

2 2 1 $1,390,000 $1,390,000 (0.0%) Login to View 60 1 2006 1,015 sqft N/A
08/01/2026

18a 199 Drake Street

3 3 1 $2,180,000 $2,000,000 (-8.3%) Login to View 4 1 1996 1,718 sqft N/A
07/28/2026

B408 1331 Homer Street

2 2 1 $949,000 $930,000 (-2.0%) Login to View 14 1 1990 1,046 sqft N/A
07/25/2026

1304 283 Davie Street

2 2 1 $998,000 $958,000 (-4.0%) Login to View 12 1 1994 1,268 sqft N/A
07/25/2026

702 1099 Marinaside Crescent

3 3 1 $2,250,000 $2,235,000 (-0.7%) Login to View 10 1 2000 1,536 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
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
7 hours ago

16d 139 Drake Street

2 2 1 $1,189,000 Login to View 0 1 1996 1,143 sqft N/A
8 hours ago

401 1072 Hamilton Street

2 2 1 $1,021,000 Login to View 0 1 2000 996 sqft N/A
1 hour ago

3302 193 Aquarius Mews

2 2 1 $975,000 Login to View 1 1 2000 818 sqft N/A
20 hours ago

1005 1480 Howe Street

2 2 1 $1,025,000 Login to View 1 1 2020 849 sqft N/A
1 day ago

608 1238 Richards Street

1 1 1 $1,063,000 Login to View 1 2 1998 947 sqft N/A
1 day ago

410 Beach Crescent

2 3 1 $2,598,000 Login to View 1 2 2005 1,582 sqft N/A
1 day ago

2008 1009 Expo Boulevard

2 1 1 $598,000 Login to View 1 1 1997 761 sqft N/A
1 day ago

3005 1408 Strathmore Mews

1 1 1 $668,000 Login to View 1 1 2002 583 sqft N/A
6 hours ago

1502 939 Homer Street

2 1 1 $799,000 Login to View 2 1 1997 791 sqft N/A
1 day ago

406 928 Richards Street

1 2 1 $925,000 Login to View 2 1 2000 760 sqft N/A

Condo for Sale in Yaletown, Vancouver

Condo for sale in Yaletown, Vancouver — listed at $1,198,800. This 2 bedroom condo offers 1,202 sq ft of living space ($997/sq ft) and was built in 1995. Home style: Multi Family,residential Attached. Parking: Garage Under Building. Outdoor: Garden, Playground, No Outdoor Area. Building amenities include Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Concierge, Maintenance Grounds. Property features include Swirlpool/Hot Tub. Strata bylaws: Pets Allowed W/rest. Monthly strata fees are $978. Annual property taxes: $4,142 (2026). Listed by Rennie & Associates Realty Ltd. — MLS® #R3164597. Located in Governor's Tower in Yaletown, Vancouver.

Frequently Asked Questions About 705 - 388 Drake ST

Common questions buyers ask about this listing:

What year was this home built in?

705 - 388 Drake ST, Vancouver, V6B 6A8 was built in 1995.

How long has this property been listed for?

705 - 388 Drake ST, Vancouver, V6B 6A8 was listed on 09/16/2026 by Rennie & Associates Realty Ltd..

Is there a basement in this home?

None.

Is there an open house scheduled?

Open house event(s) scheduled on: Saturday 19 September: 2:00 - 4:00PM.

What is the listing price of this condo?

The listing price of 705 - 388 Drake ST, Vancouver, V6B 6A8 is $1,198,800.

What is the square footage of this condo?

705 - 388 Drake ST, Vancouver, V6B 6A8 has 1202 sq ft of living space.

What are the strata fees at this condo?

The monthly strata (maintenance) fees at 705 - 388 Drake ST, Vancouver, V6B 6A8 are $978.

Are pets allowed at this condo?

Pets are allowed at 705 - 388 Drake ST, Vancouver, V6B 6A8.

What is the MLS® number for this condo?

The MLS® number for 705 - 388 Drake ST, Vancouver, V6B 6A8 is R3164597.

What neighbourhood is this condo in?

705 - 388 Drake ST, 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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