15C 199 Drake St, Vancouver BC – Condo for Sale – MLS® R3159163

15C 199 Drake Street, Vancouver, British Columbia V6Z 2T9

55 days on the market
$1,299,000
Est. Mortgage $5,747/mo
Listing updated:
EstateBlock checked:
Concordia
2 Beds
2 Baths
1163 sqft
1117 $ /sqft
939 $ Maint. fee
1995 built
6.4% price reduction
55 days on the market
$1,299,000
$1,388,000
Est. $5,747/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 15C 199 Drake Street

6.4% price reduction

OPEN HOUSE SUN SEPT 20th 1-3 pm. Highly coveted upper floor plan with UNOBSTRUCTED PANORAMIC VIEWS of False Creek & beyond. The stunning rotunda living room features floor-to-ceiling windows bright with natural light. Upgraded kitchen boasts newer soft-close cabinets, marble counters, matching custom workstation perfect for a home office. Enjoy comfort with A/C in the living room & bedroom, custom blinds, built-ins, a massive walk-in closet, & an elegant ensuite. Maint includes heat, hot water, a full-time caretaker, & premium resort amenities: indoor pool, hot tub, & fitness gym. Perfectly located overlooking David Lam & George Wainborn Parks & Elsie Roy Elementary. Embrace the ultimate Yaletown lifestyle: walk the scenic seawall, ferry to Granville Island, stroll to Urba Fare.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Heating Type Baseboard, Hot Water, Natural Gas
Cooling Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Concrete, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description PANORAMIC VIEW OF FALSE CREEK
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $1,299,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1163
Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Recreation Facilities, Caretaker, Trash, Gas, Heat, Hot Water, Management, Snow Removal
Building Name Concordia
Ownership Type Freehold Strata
Maintenance Fee $939
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Recreation Facilities, Caretaker, Trash, Gas, Heat, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Side Access, Concrete
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions 100
Rental Suites None
Units In Development 96

Lot & Land

MLS® # R3159163
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6Z 2T9
Gross Taxes $4,060.27
Zoning CD-1

Property Timeline

Status Date Price
R3159163 / Active 08-25-2026 $1,299,000
Rooms
Floor Type Dimensions
Main Level Living Room 17'2 x 17'2 ft
Main Level Dining Room 10'2 x 10'2 ft
Main Level Kitchen 10'8 x 10'8 ft
Main Level Eating Area 9'6 x 9'6 ft
Main Level Primary Bedroom 11'11 x 11'11 ft
Main Level Bedroom 15'8 x 15'8 ft
Main Level Walk-In Closet 10' x 10' ft
Main Level Pantry 6'6 x 6'6 ft
Main Level Laundry 3'11 x 3'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #4

Listed by: Macdonald Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

About the building: Concordia 1

189 Drake Street, Yaletown, Vancouver

Concordia 1 building details

Building

Built
1995
Homes
88
Construction
Concrete
Title
Freehold Strata
Strata plan
LMS2179
Managed by
First Service Residential
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
Recreation FacilityManagementHot WaterHeatGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Allowed
Cats and dogs OK, max 2
Rentals
Allowed

Market at Concordia 1

For sale
4
Median ask
$994K
Median $/sqft
$979
Days on market
102
Sold, past year
5
This home

$1,117/sqft, 14.1% above the building median of $979.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map & Neighbourhood

Public Schools

Elementary
Elsie Roy Elementary School
Average 0.13 km 6.8/10
Secondary
King George Secondary School
Average 2.08 km 6.2/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Claren Academy
Above Average 0.4 km 9/10
Elementary,Secondary
Eaton Arrowsmith School (Vancouver) Ltd
0.72 km

Closest Transit

Bus Stop
Eastbound Pacific Blvd @ Drake St
0.02 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.14 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average 57%
No Certificate/Degree
Below Average 5.1%
Owner Occupied
Below Average 56.2%
Employment Rate
Below Average 48.4%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

53 / 100
Overall sell-speed score
Moderate pace expected
D
Price competition grade
Avg comparable: $1,096,356
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.14 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How YALETOWN compares
This property
55 DOM
Average
Yaletown avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

15C 199 Drake Street has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 15.6% above comparable active properties in Yaletown. The local market is currently a Balanced Market with a sales-to-active ratio of 16.1% and an area average of 49 days on market — conditions are balanced. With only 1245 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V6Z 2T9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6Z 2T9, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS. Nearest station: Vancouver Clark Drive, Vancouver (~3.6 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (249 nearby)

  • Panago · 62 m · Fast Food
  • Ki isu japanese restaurant · 63 m · Restaurant
  • Pho quynh express · 63 m · Restaurant

Shopping (234 nearby)

  • Skin casa · 21 m · Beauty Shop
  • Element nails · 24 m · Beauty Shop
  • Varnish · 59 m · Beauty Shop

Cafes (72 nearby)

  • Cha yuan · 99 m · Cafe
  • Faubourg paris · 152 m · Cafe
  • Starbucks · 175 m · Cafe

Groceries (61 nearby)

  • Martway · 139 m · Convenience
  • Ganache pâtisserie · 167 m · Bakery
  • Urban fare · 199 m · Supermarket

Healthcare (11 nearby)

  • The pharmacy yaletown · 75 m · Healthcare
  • Shoppers drug mart · 387 m · Healthcare
  • Yale i.d.a. pharmacy · 454 m · Healthcare

Gyms (4 nearby)

  • Baza dance studios · 360 m · Gym
  • Cycklus · 730 m · Gym
  • Harbour dance centre · 773 m · Gym

Transit (3 nearby)

  • Skytrain @ yaletown-roundhouse stn station · 140 m · Transit
  • Bus stop northbound granville st @ smithe st · 860 m · Transit
  • Skytrain @ olympic village stn station · 918 m · Transit

Schools NearBy

41 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.8 / 10

Distance

128 m

Claren Academy

Independent

Grades Served

—

Catchment Info

—
9.0 / 10

Distance

398 m

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

722 m

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

—

Catchment Info

—
N/A

Distance

724 m

False Creek Elementary

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

738 m

The Westside School

Independent

Grades Served

K-9

Catchment Info

—
8.8 / 10

Distance

847 m

Pattison High School

Independent

Grades Served

9-12

Catchment Info

—
N/A

Distance

852 m

Lowell High School

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

888 m

Canada Royal Arts High School

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

1.02 KM

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

1.19 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.7 / 10

Distance

1.33 KM

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
2.1 / 10

Distance

1.36 KM

St. Lawrence School

Independent

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

1.39 KM

Madrona School

Independent

Grades Served

K-9

Catchment Info

—
8.3 / 10

Distance

1.42 KM

Franklin School

Independent

Grades Served

—

Catchment Info

—
4.1 / 10

Distance

1.42 KM

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

—
6.1 / 10

Distance

1.45 KM

VISST

Independent

Grades Served

—

Catchment Info

—
9.9 / 10

Distance

1.55 KM

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

—
4.3 / 10

Distance

1.57 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

1.69 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

1.84 KM

Lord Roberts Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

1.89 KM

Century High School

Independent

Grades Served

10-12

Catchment Info

—
5.7 / 10

Distance

1.96 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

—
6.9 / 10

Distance

1.99 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

—
N/A

Distance

2.04 KM

King George Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.2 / 10

Distance

2.08 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.09 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.10 KM

St Francis Xavier

Independent

Grades Served

—

Catchment Info

—
9.6 / 10

Distance

2.15 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

—
9.6 / 10

Distance

2.17 KM

St Patrick's

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

2.17 KM

Lord Tennyson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.26 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.31 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.3 / 10

Distance

2.32 KM

St. Augustine's

Independent

Grades Served

K-7

Catchment Info

—
8.9 / 10

Distance

2.37 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

2.53 KM

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

2.59 KM

St. John's School

Independent

Grades Served

K-12

Catchment Info

—
9.8 / 10

Distance

2.63 KM

Fraser Academy

Independent

Grades Served

2-12

Catchment Info

—
6.2 / 10

Distance

2.74 KM

Westside Montessori

Independent

Grades Served

K

Catchment Info

—
N/A

Distance

2.76 KM

Vancouver Talmud Torah Elementary School

Independent

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

2.83 KM

York House School

Independent

Grades Served

K-12

Catchment Info

—
9.3 / 10

Distance

3.00 KM

Pre-computed routes from 15C 199 Drake St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Yaletown-Roundhouse → Waterfront
    9 min
  • Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
    27 min
  • SFU Burnaby via Yaletown-Roundhouse → Production Way
    34 min
  • Richmond Centre via Yaletown-Roundhouse → Brighouse
    26 min
  • YVR Airport via Yaletown-Roundhouse → YVR-Airport
    27 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    2 min
  • Metrotown, Burnaby via Lougheed Hwy
    12 min
  • SFU Burnaby via Gaglardi Way
    18 min
  • Richmond Centre via No. 3 Rd
    14 min
  • YVR Airport via Bridgeport / Sea Island
    12 min

Calculate your commute

15C 199 Drake St, Vancouver, BC is ideally located for commuters. The property is 0.1 km from Yaletown-Roundhouse, with a 9 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Pacific Blvd @ Drake St (0.02 km). Walk Score Transit rating: Rider's Paradise (98/100).

Walkability & Transit Near 15C 199 Drake Street

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 98

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
85

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 15C 199 Drake Street

2026 assessed value, sourced from City of Vancouver open data (PID 023-246-774).
Total Assessed Value (2026)
$1,207,000
-13.0% YoY
-1.9%/yr over 4 yr
2022 Value Trend 2026
Land
$912,000
Buildings
$295,000
Year Built
1995
Class
Comprehensive Development
Zoning
CD-1 (297)
Property Tax
$4,060
Year Land Improvements Total Assessed YOY Change
2026 $912,000 $295,000 $1,207,000
-13.0%
2025 $1,049,000 $339,000 $1,388,000
+1.7%
2024 $1,032,000 $333,000 $1,365,000
+2.6%
2023 $1,006,000 $325,000 $1,331,000
+2.1%
2022 $942,000 $361,000 $1,303,000 —

Mortgage Calculator for 15C 199 Drake Street

/month
Principal & Interest
Property Taxes $338
Maintenance fee 939
Based on a 30-year fixed at 4% interest with 20% down ($259,800), the estimated monthly payment for this listing is $6,238/month — $4,961 principal & interest, $338 property tax, $939 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $3,702/month, this property runs a $2,592/month shortfall after mortgage and carrying costs. Break-even requires approximately 62% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 15C 199 Drake Street, Vancouver

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Yaletown, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,299,000
Vancouver Loading...
Yaletown Loading...

Based on 79 comparable active apartments/condos in Yaletown, the average asking price is $1,123,493. This listing is priced 15.6% above the neighbourhood average. This property is flagged as a Hot Deal (6.4% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 15C 199 Drake Street

Walk Score Badge
Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 98

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
85

Bike Score - Very Bikeable

Biking is convenient for most trips

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