Home Vancouver, BC Yaletown Parkview Tower 201 289 Drake Street

201 289 Drake St, Vancouver BC - Townhouse for Sale - MLS# R3116041

132 days on the market

$1,299,000

Est. Mortgage $5,747/mo

Listing updated: Apr 27, 2026 at 12:29pm

EstateBlock checked: Sep 6, 2026 at 12:45am

Parkview

2 Beds

3 Baths

1355 sqft

959 $ /sqft

840.3 $ Maint. fee

1993 built

132 days on the market

$1,299,000

Est. $5,747/mo with 20% down

Listing updated: Apr 27, 2026 at 12:29pm

EstateBlock checked: Sep 6, 2026 at 12:45am

Photos

Exterior Front Photo of 201 289 Drake Street, Vancouver, BC

Exterior Rear Photo of 201 289 Drake Street, Vancouver, BC

Living Room Photo of 201 289 Drake Street, Vancouver, BC

Family Room Photo of 201 289 Drake Street, Vancouver, BC

Dining Area Photo of 201 289 Drake Street, Vancouver, BC

Kitchen Photo of 201 289 Drake Street, Vancouver, BC

Kitchen Island Photo of 201 289 Drake Street, Vancouver, BC

Pantry Photo of 201 289 Drake Street, Vancouver, BC

Breakfast Nook Photo of 201 289 Drake Street, Vancouver, BC

Primary Bedroom Photo of 201 289 Drake Street, Vancouver, BC

Refined townhouse living in the heart of Yaletown. This extensively renovated 1,354 sq ft two-level home with private patio offers rare square footage ideal for both relaxed everyday living and effortless entertaining. The chef's kitchen features custom cabinetry, premium Bosch appliances, quartz countertops, and a central island — all complemented by engineered hardwood floors and floor-to-ceiling windows that fill the space with natural light. Thoughtful details throughout include a designated home office, custom built-ins, and Kohler bathroom fixtures. Upstairs, the generous primary bedroom is complete with an ensuite, alongside a second bedroom, den, and full bath. Steps from Yaletown's best restaurants, boutiques, and the seawall. This one is not to be missed.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Interior Features	Elevator, Storage
Heating Type	Baseboard, Hot Water
Laundry	In Unit
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Other
Structures	Residential Attached

Building Details

Price	$1,299,000
Total Bedrooms	2
Total Bathrooms	3
Full Bathrooms	2
Half Bathrooms	1
Floor Area Total (sqft)	1355
Year Built	1993
Age Of Building	33
Building Type	Townhouse
Property Type	Residential
Stories	2
Building Amenities	Exercise Centre, Sauna/Steam Room, Trash, Management, Other
Building Name	Parkview
Ownership Type	Freehold Strata
Maintenance Fee	$840.3
Amenities Nearby	Exercise Centre, Sauna/Steam Room, Trash, Management, Other
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Underground
Total Parking Spaces	1
Strata Restrictions	Pets Not Allowed,Rentals Allwd w/Restrctns
Pet Restrictions	No

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3116041
Area	Vancouver West
Neighbourhood	Yaletown
City	Vancouver
Postal Code	V6B 5Z5
Gross Taxes	$4,100.52
Zoning	CD-1

Property Timeline

Status	Date	Price
R3116041 / Active	04-27-2026	$1,299,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'3 x 12'3 ft
Main Level	Dining Room	14'4 x 14'4 ft
Main Level	Kitchen	7'5 x 7'5 ft
Above Level	Primary Bedroom	13'7 x 13'7 ft
Above Level	Bedroom	8'1 x 8'1 ft
Above Level	Solarium	9'6 x 9'6 ft
Above Level	Laundry	3'3 x 3'3 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Above Level	Yes	#3
Above 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.

Map & Neighbourhood

Public Schools

Secondary
King George Secondary School: 1.99 km
Elementary
Elsie Roy Elementary School: Average 0.21 km 6.1/10

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

Private Schools

Elementary
Anchor Point Montessori: 0.61 km
Secondary
Pattison School: 0.77 km

Closest Transit

Bus Stop
Westbound Pacific Blvd @ Drake St: 0.06 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 0.12 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

39 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $1,236,648

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.12 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

132 DOM

Slower than area

Yaletown avg

56 DOM

Average

Vancouver avg

56 DOM

Faster market

201 289 Drake Street has a sell-speed score of 39/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 4.8% above comparable active properties in Yaletown. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.1% and an area average of 56 days on market — buyers have more leverage. With only 216 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V6B 5Z5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 5Z5, 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 (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3.7 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 (267 nearby)

Ki isu japanese restaurant · 27 m · Restaurant
Panago · 32 m · Fast Food
Pho quynh express · 37 m · Restaurant

Shopping (257 nearby)

Yaletown nails spa · 24 m · Beauty Shop
Posy · 29 m · Beauty Shop
Is · 39 m · Hairdresser

Cafes (78 nearby)

Cha yuan · 95 m · Cafe
Faubourg paris · 117 m · Cafe
Starbucks · 143 m · Cafe

Groceries (66 nearby)

Ganache pâtisserie · 79 m · Bakery
Martway · 125 m · Convenience
Farm to table · 180 m · Supermarket

Healthcare (13 nearby)

The pharmacy yaletown · 62 m · Healthcare
Shoppers drug mart · 301 m · Healthcare
Yale i.d.a. pharmacy · 367 m · Healthcare

Gyms (4 nearby)

Baza dance studios · 278 m · Gym
Harbour dance centre · 704 m · Gym
Cycklus · 741 m · Gym

Transit (2 nearby)

Skytrain @ yaletown-roundhouse stn station · 121 m · Transit
Bus stop eastbound davie st @ thurlow st · 872 m · Transit

Schools NearBy

40 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 212 m
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 349 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 774 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 776 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 792 m
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 810 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 849 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 870 m
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.09 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.15 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.32 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.36 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.36 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.36 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.41 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.42 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.54 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 1.57 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.77 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.80 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.80 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 1.96 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.2 / 10	Distance 1.99 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.07 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 2.09 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.17 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.18 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.22 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.24 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.25 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.26 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.35 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.39 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.40 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.61 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.62 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.66 KM
Fraser Academy	Independent	Grades Served 2-12	Catchment Info —	6.2 / 10	Distance 2.72 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	0	Distance 2.83 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.90 KM

Pre-computed routes from 201 289 Drake St, Vancouver, BC

201 289 Drake St, Vancouver, BC Yaletown-Roundhouse 0.1 km

8 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Yaletown-Roundhouse → Waterfront
8 min
Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
26 min
SFU Burnaby via Yaletown-Roundhouse → Production Way
33 min
Richmond Centre via Yaletown-Roundhouse → Brighouse
25 min
YVR Airport via Yaletown-Roundhouse → YVR-Airport
26 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

201 289 Drake St, Vancouver, BC is ideally located for commuters. The property is 0.1 km from Yaletown-Roundhouse, with a 8 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Pacific Blvd @ Drake St (0.06 km). Walk Score Transit rating: Rider's Paradise (98/100).

Walkability & Transit Near 201 289 Drake Street

Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 98

Transit Score - Rider's Paradise

World-class public transportation

Somewhat
Bikeable 85

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 201 289 Drake Street

2026 assessed value, sourced from City of Vancouver open data (PID 018-374-361).

Total Assessed Value (2026)

$1,251,000

-4.9% YoY

-0.8%/yr over 4 yr

2022 Value Trend 2026

Land

$853,000

Buildings

$398,000

Year Built

1993

Class

Comprehensive Development

Zoning

CD-1 (266)

Property Tax

$4,208

Year	Land	Improvements	Total Assessed	YOY Change
2026	$853,000	$398,000	$1,251,000	-4.9%
2025	$897,000	$418,000	$1,315,000	-6.6%
2024	$960,000	$448,000	$1,408,000	+5.9%
2023	$907,000	$423,000	$1,330,000	+3.1%
2022	$778,000	$512,000	$1,290,000	—

Mortgage Calculator for 201 289 Drake Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $342

Maintenance fee 0

A 20% down payment of $259,800 on this $1,299,000 listing yields an estimated mortgage of $4,961/month (30-year fixed, 4%). Total estimated housing cost: $6,143/month, $342 property tax, $840 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.

Listing data last synced: Apr 27, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $3,702/month in estimated rental income against $6,199/month in mortgage payments, the monthly cashflow is -$2,497/month. A 61% down payment would reach break-even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 201 289 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.