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

$979,900
Active Listed 1 day 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®
R3174522

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. Home does need a refresh.

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
$1,185,671
Avg Ask
$1,029/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 $979,900 home. Adjust the two figures below to match your plan.

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*Assumes a conservative 3%/yr appreciation. Estimates only — your rate, term and CMHC costs may vary. Mortgage questions? Call us 604-330-3784

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About Yaletown, Vancouver — Condos Market

Over the past 12 months, 357 condos have sold in Yaletown, Vancouver, with properties spending an average of 40 days on market. Sign in to view sold price data.

There are currently 232 other condos for sale in Yaletown. Browse all Yaletown condos for sale.

232
Active Listings
357
Sold (12 Mo)
40
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® # R3174522
Property Type Apartment
Dwelling Type Apartment Unit
Home Style Multi Family,Residential Attached
Kitchens Login to View
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
10/13/2026 This Property 2 2 1 $979,900 Login to View 1 1 1994 1,164 sqft N/A
09/15/2026

3302 193 Aquarius Mews

2 2 1 $975,000 Login to View 29 1 2000 818 sqft N/A
02/24/2026

10a 199 Drake Street

2 2 1 $989,000 Login to View 232 1 1995 951 sqft N/A
04/12/2026

605 1055 Homer Street

2 2 1 $999,000 Login to View 185 1 2003 906 sqft N/A
10/07/2026

2a 199 Drake Street

2 2 1 $998,000 Login to View 7 1 1995 1,189 sqft N/A
09/01/2026

3202 193 Aquarius Mews

2 2 1 $979,000 Login to View 43 1 2000 804 sqft N/A
10/02/2026

512 1133 Homer Street

2 2 1 $998,000 Login to View 12 1 2008 964 sqft N/A
09/22/2026

1401 907 Beach Avenue

2 2 1 $980,000 Login to View 22 1 1993 795 sqft N/A
09/03/2026

3008 939 Expo Boulevard

2 2 1 $968,000 Login to View 41 1 2005 819 sqft N/A
07/15/2026

2204 950 Cambie Street

2 2 1 $998,000 Login to View 91 1 1994 1,220 sqft N/A
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
09/30/2026

505 1067 Marinaside Crescent

••••• ••••• ••••• Login to View Login to View ••••• Login to View ••••• ••••• ••••• ••••• •••••
09/29/2026

2705 1323 Homer Street

••••• ••••• ••••• Login to View Login to View ••••• Login to View ••••• ••••• ••••• ••••• •••••
09/17/2026

802 1001 Homer Street

••••• ••••• ••••• Login to View Login to View ••••• Login to View ••••• ••••• ••••• ••••• •••••
09/15/2026

606 1088 Richards Street

••••• ••••• ••••• Login to View Login to View ••••• Login to View ••••• ••••• ••••• ••••• •••••
09/05/2026

401 1055 Homer Street

••••• ••••• ••••• Login to View Login to View ••••• Login to View ••••• ••••• ••••• ••••• •••••
09/04/2026

1609 1009 Expo Boulevard

••••• ••••• ••••• Login to View Login to View ••••• Login to View ••••• ••••• ••••• ••••• •••••
08/23/2026

3901 1480 Howe Street

••••• ••••• ••••• Login to View Login to View ••••• Login to View ••••• ••••• ••••• ••••• •••••
08/17/2026

306 583 Beach Crescent

••••• ••••• ••••• Login to View Login to View ••••• Login to View ••••• ••••• ••••• ••••• •••••
08/08/2026

602 193 Aquarius Mews

••••• ••••• ••••• Login to View Login to View ••••• Login to View ••••• ••••• ••••• ••••• •••••
08/01/2026

18a 199 Drake Street

••••• ••••• ••••• Login to View Login to View ••••• Login to View ••••• ••••• ••••• ••••• •••••
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
3 hours ago

Th938 Homer Street

3 4 1 $1,499,900 Login to View 1 3 2006 1,887 sqft N/A
20 hours ago

601 1155 Homer Street

2 2 1 $948,000 Login to View 1 1 1994 980 sqft N/A
20 hours ago

201 289 Drake Street

2 3 1 $1,188,000 Login to View 1 2 1993 1,355 sqft N/A
23 hours ago

1506 1088 Richards Street

1 1 1 $820,000 Login to View 1 1 2011 748 sqft N/A
1 day ago

503 990 Beach Avenue

2 3 1 $1,298,000 Login to View 1 2 1992 1,435 sqft N/A
1 day ago

507 1201 Marinaside Crescent

2 2 1 $1,299,000 Login to View 1 1 1996 1,163 sqft N/A
1 day ago

1507 989 Beatty Street

1 1 1 $719,000 Login to View 1 1 2004 762 sqft N/A
1 day ago

2905 1495 Richards Street

1 1 1 $799,000 Login to View 1 1 2004 750 sqft N/A
1 day ago

2004 907 Beach Avenue

2 2 1 $1,085,000 Login to View 2 1 1993 992 sqft N/A
5 days ago

1405 1155 Homer Street

2 2 1 $948,000 Login to View 6 1 1994 1,020 sqft N/A
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
1 hour ago

1506 1238 Melville Street

2 2 1 $819,900 Login to View 1 1 1996 909 sqft N/A
3 hours ago

506 120 Milross Avenue

2 2 1 $1,199,000 Login to View 1 1 2004 1,381 sqft N/A
3 hours ago

305 2928 Commercial Drive

2 2 1 $699,000 Login to View 1 1 1991 849 sqft N/A
17 hours ago

301 2928 Commercial Drive

2 2 1 $699,000 Login to View 1 1 1991 788 sqft N/A
20 hours ago

1209 3588 Crowley Drive

2 2 1 $665,000 Login to View 1 1 2003 885 sqft N/A
20 hours ago

601 1155 Homer Street

2 2 1 $948,000 Login to View 1 1 1994 980 sqft N/A
20 hours ago

305 1551 Mariner Walk

2 2 1 $1,349,000 Login to View 1 1 1988 1,472 sqft N/A
23 hours ago

204 1485 W 6th Avenue

2 2 1 $1,299,000 Login to View 1 1 2000 1,140 sqft N/A
23 hours ago

206 2405 Kamloops Street

2 2 1 $699,000 Login to View 1 1 1995 980 sqft N/A
1 day ago

109 2515 Ontario Street

2 2 1 $988,000 Login to View 1 1 2004 858 sqft N/A

Condo for Sale in Yaletown, Vancouver

Condo for sale in Yaletown, Vancouver — listed at $979,900. This 2 bedroom, 2 bathroom condo offers 1,164 sq ft of living space ($842/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® #R3174522. 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 10/13/2026 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 $979,900.

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 R3174522.

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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