2101 388 Drake St, Vancouver BC - Apartment/Condo for Sale - MLS# R3154485

48 days on the market
$1,399,000
Est. Mortgage $6,189/mo
Listing updated:
EstateBlock checked:
Governor's Tower
3 Beds
2 Baths
1214 sqft
1152 $ /sqft
938.93 $ Maint. fee
1995 built
48 days on the market
$1,399,000
Est. $6,189/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 2101 388 Drake Street

Yaletown Living at Its Best! Welcome to Governor's Tower, an iconic, signature residence by Concord Pacific! This spacious 3 Bdrm / 2 Bath suite offers style, comfort & stunning False Creek, David Lam Park & city views. Previously renovated with quality materials & craftsmanship, featuring an open kitchen with quartz counters, Fisher & Paykel appliances, updated floors, spa-inspired baths & a large primary bdrm accommodating a king-size bed + walk-in closet. 1 parking & locker incld. Top amenities: concierge, newly renovated indoor pool, sauna, hot tub; gym & garden courtyard with play & seating areas. Located steps from the Seawall, Elsie Roy Elementary, Roadhouse Community Centre, Canada Line, and Yaletown's renowned shops and restaurants - this is urban waterfront living at its finest.

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
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
View Description City, Park and Marina
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $1,399,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1214
Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Building Name Governor's Tower
Ownership Type Freehold Strata
Maintenance Fee $938.93
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Community
Parking Type Underground, Side Access, Asphalt
Total Parking Spaces 1
Strata Restrictions Pets Allowed,Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Yes, Yes With Restrictions
Units In Development 237

Lot & Land

MLS® # R3154485
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6B 6A8
Gross Taxes $3,943.51
Zoning CD-1

Property Timeline

Status Date Price
R3154485 / Active 08-10-2026 $1,399,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 13'9 x 13'9 ft
Main Level Kitchen 10'5 x 10'5 ft
Main Level Dining Room 16'1 x 16'1 ft
Main Level Primary Bedroom 14'1 x 14'1 ft
Main Level Bedroom 11'3 x 11'3 ft
Main Level Bedroom 13'10 x 13'10 ft
Main Level Walk-In Closet 7'11 x 7'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: Prompton Real Estate Services Inc.

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

Elementary
Elsie Roy Elementary School
Average 0.21 km 6.8/10
Secondary
King George Secondary School
Average 2 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
Secondary
Pattison High School
0.8 km

Closest Transit

Bus Stop
Westbound Pacific Blvd @ Drake St
0.03 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.18 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

38 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $989,093
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.18 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
48 DOM
Average
Yaletown avg
49 DOM
Average
Vancouver avg
49 DOM
Slower market

2101 388 Drake Street has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 29.3% 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 could take longer than the area average to sell.

Climate Risk for V6B 6A8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 6A8, 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 (259 nearby)

  • Ki isu japanese restaurant · 74 m · Restaurant
  • Alchemy · 79 m · Restaurant
  • Panago · 86 m · Fast Food

Shopping (244 nearby)

  • Posy · 79 m · Beauty Shop
  • Yaletown nails spa · 81 m · Beauty Shop
  • Is · 98 m · Hairdresser

Cafes (74 nearby)

  • Matchstick · 153 m · Cafe
  • Cha yuan · 157 m · Cafe
  • Faubourg paris · 180 m · Cafe

Groceries (66 nearby)

  • Ganache pâtisserie · 109 m · Bakery
  • Farm to table · 150 m · Supermarket
  • Stop 'n go · 188 m · Convenience

Healthcare (12 nearby)

  • The pharmacy yaletown · 122 m · Healthcare
  • Shoppers drug mart · 285 m · Healthcare
  • Yale i.d.a. pharmacy · 354 m · Healthcare

Gyms (4 nearby)

  • Baza dance studios · 252 m · Gym
  • Harbour dance centre · 744 m · Gym
  • Cycklus · 805 m · Gym

Transit (2 nearby)

  • Skytrain @ yaletown-roundhouse stn station · 185 m · Transit
  • Bus stop eastbound lameys mill rd @ sitka square · 867 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

214 m

Claren Academy

Independent

Grades Served

—

Catchment Info

—
9.0 / 10

Distance

404 m

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

732 m

False Creek Elementary

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

748 m

Pattison High School

Independent

Grades Served

9-12

Catchment Info

—
0

Distance

800 m

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

—

Catchment Info

—
0

Distance

809 m

The Westside School

Independent

Grades Served

K-9

Catchment Info

—
8.8 / 10

Distance

913 m

Lowell High School

Independent

Grades Served

10-12

Catchment Info

—
0

Distance

933 m

Canada Royal Arts High School

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

1.06 KM

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

—
0

Distance

1.21 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.7 / 10

Distance

1.31 KM

St. Lawrence School

Independent

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

1.36 KM

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
2.1 / 10

Distance

1.38 KM

Madrona School

Independent

Grades Served

K-9

Catchment Info

—
8.3 / 10

Distance

1.41 KM

Franklin School

Independent

Grades Served

—

Catchment Info

—
4.1 / 10

Distance

1.41 KM

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

—
6.1 / 10

Distance

1.47 KM

VISST

Independent

Grades Served

—

Catchment Info

—
9.9 / 10

Distance

1.51 KM

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

—
4.3 / 10

Distance

1.60 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

1.74 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

1.75 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

1.89 KM

King George Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.2 / 10

Distance

2.00 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

—
6.9 / 10

Distance

2.09 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

—
0

Distance

2.14 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.18 KM

Lord Tennyson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.20 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.20 KM

St Francis Xavier

Independent

Grades Served

—

Catchment Info

—
9.6 / 10

Distance

2.26 KM

St Patrick's

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

2.27 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

—
9.6 / 10

Distance

2.28 KM

St. Augustine's

Independent

Grades Served

K-7

Catchment Info

—
8.9 / 10

Distance

2.29 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.38 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.3 / 10

Distance

2.43 KM

St. John's School

Independent

Grades Served

K-12

Catchment Info

—
9.8 / 10

Distance

2.55 KM

Emily Carr Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

2.62 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

2.64 KM

Fraser Academy

Independent

Grades Served

2-12

Catchment Info

—
6.2 / 10

Distance

2.66 KM

Westside Montessori

Independent

Grades Served

K

Catchment Info

—
0

Distance

2.80 KM

Vancouver Talmud Torah Elementary School

Independent

Grades Served

K-7

Catchment Info

—
8.4 / 10

Distance

2.87 KM

York House School

Independent

Grades Served

K-12

Catchment Info

—
9.3 / 10

Distance

2.99 KM

Pre-computed routes from 2101 388 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

2101 388 Drake St, Vancouver, BC is ideally located for commuters. The property is 0.2 km from Yaletown-Roundhouse, with a 9 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Pacific Blvd @ Drake St (0.03 km). Walk Score Transit rating: Rider's Paradise (97/100).

Walkability & Transit Near 2101 388 Drake Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 97

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
86

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 2101 388 Drake Street

2026 assessed value, sourced from City of Vancouver open data (PID 019-050-283).
Total Assessed Value (2026)
$1,172,000
-9.7% YoY
-3.0%/yr over 4 yr
2022 Value Trend 2026
Land
$722,000
Buildings
$450,000
Year Built
1995
Class
Comprehensive Development
Zoning
CD-1 (266)
Property Tax
$3,944
Year Land Improvements Total Assessed YOY Change
2026 $722,000 $450,000 $1,172,000
-9.7%
2025 $799,000 $499,000 $1,298,000
-2.6%
2024 $821,000 $512,000 $1,333,000
+5.0%
2023 $782,000 $488,000 $1,270,000
-4.2%
2022 $742,000 $583,000 $1,325,000 —

Mortgage Calculator for 2101 388 Drake Street

/month
Principal & Interest
Property Taxes $329
Maintenance fee 938.93
Financing 80% of the $1,399,000 asking price over 30 years at 4% results in approximately $6,611/month in total estimated carrying costs, $329 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $3,987/month in rental income, leaving a -$2,684/month cashflow at current carrying costs. Investors targeting break-even would need roughly 61% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2101 388 Drake Street, Vancouver

Buy Vs Rent Calculator

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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 $1,399,000
Vancouver Loading...
Yaletown Loading...

Based on 13 comparable active apartments/condos in Yaletown, the average asking price is $1,081,717. This listing is priced 29.3% above the neighbourhood average.

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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Call or Text Now!

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 2101 388 Drake Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 97

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
86

Bike Score - Very Bikeable

Biking is convenient for most trips

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