By car (off-peak)
Sold
1105 2668 Ash Street, Vancouver, BC
1
Beds
1
Baths
719
sqft
1990
built
2505 388 Drake St, Vancouver BC – Condo for Sale – MLS® R3134834
2505 388 Drake Street, Vancouver, British Columbia V6B 6A8
135 days on the market
$1,290,000
Est. Mortgage $5,707/mo
Listing updated:
EstateBlock checked:
2
Beds
2
Baths
1202
sqft
1073
$
/sqft
961.16
$
Maint. fee
1995
built
Photos
Property Details for 2505 388 Drake Street
PANORAMIC WATERFRONT VIEWS at Governor's Tower! Experience unobstructed, breathtaking vistas of False Creek and David Lam Park through stunning floor-to-ceiling windows in this spacious 2 Bedroom + Den home. Thoughtfully designed with an open layout and abundant natural light, offering both comfort and functionality. Enjoy the tranquility of waterfront living right in the heart of vibrant Yaletown. Features include updated flooring and appliances , generous in-suite storage, and a rare offering of 5 secured parking stalls — including triple tandem + side-by-side, ideal for collectors or multigenerational households. Comes with an oversized locker for even more convenience. Resort-style amenities include an indoor pool, fitness center, and 24-hour concierge.
Interior Features
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Elevator, Storage |
| Fireplace | 0 |
| Heating Type | Baseboard |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Laminate, Mixed |
| Foundation | Concrete Perimeter |
Exterior Features
| Exterior Features | Garden, No Outdoor Area |
|---|---|
| View Description | False Creek, David Lam Park |
| Roof | Other |
| Structures | Multi Family, Residential Attached |
Building Details
| Price | $1,290,000 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1202 |
| Year Built | 1995 |
| Age Of Building | 31 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $961.16 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Under Building, Front Access |
| Total Parking Spaces | 5 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allwd w/Restrctns |
| Pet Restrictions | Yes With Restrictions |
| Rental Suites | None |
| Units In Development | 237 |
Lot & Land
| Lot Size Depth | Feet |
|---|---|
| Lot Size Frontage | 0 |
| MLS® # | R3134834 |
| Area | Vancouver West |
| Neighbourhood | Yaletown |
| City | Vancouver |
| Postal Code | V6B 6A8 |
| Gross Taxes | $4,301.07 |
| Zoning | CD-1 |
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 15'9 x 15'9 ft |
| Main Level | Dining Room | 12'7 x 12'7 ft |
| Main Level | Kitchen | 8'1 x 8'1 ft |
| Main Level | Primary Bedroom | 13'0 x 13'0 ft |
| Main Level | Bedroom | 10'4 x 10'4 ft |
| Main Level | Den | 14'9 x 14'9 ft |
| Main Level | Storage | 8'2 x 8'2 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Main Level | No | #3 |
Listed by: Nu Stream Realty 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.
About the building: Governor'S Tower
388 Drake Street, Yaletown, Vancouver
Governor'S Tower building detailsBuilding
- Built
- 1995
- Homes
- 237
- Construction
- Concrete
- Title
- Freehold Strata
- Strata plan
- LMS1725
- Managed by
- First Service Residential
- Parking
- Garage: Underground
- Lockers
- Limited
- Strata fee covers
Bylaws on record
- Pets
- Restricted
- Cats and dogs OK, max 2
- Rentals
- Allowed
Market at Governor'S Tower
- For sale
- 7
- Median ask
- $1.19M
- Median $/sqft
- $1,020
- Days on market
- 99
- Sold, past year
- 7
This home
$1,073/sqft, 5.2% above the building median of $1,020.
From MLS® and public strata records. Verify against the current Form B and registered bylaws.
Map & Neighbourhood
Public Schools
- Elementary
- Elsie Roy Elementary School
- 0.21 km
- Secondary
- King George Secondary School
- 2 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- Anchor Point Montessori
- 0.58 km
- 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
47 / 100
Overall sell-speed score
Moderate pace expected
D
Price competition grade
Avg comparable: $1,106,820
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
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
135 DOM
Yaletown avg
49 DOM
Vancouver avg
49 DOM
2505 388 Drake Street has a sell-speed score of 47/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 14.2% 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 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
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Fire
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
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS. Nearest station: Vancouver Clark Drive, Vancouver (~3.7 km). Annual avg AQHI 2.2 — Low Risk.
Heat
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
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
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 ServedK-7
|
Catchment InfoIn Catchment
|
Distance214 m
|
|
Claren Academy |
Independent |
Grades Served—
|
Catchment Info—
|
Distance404 m
|
|
False Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance732 m
|
|
False Creek Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance748 m
|
|
Pattison High School |
Independent |
Grades Served9-12
|
Catchment Info—
|
Distance800 m
|
|
Eaton Arrowsmith School (Vancouver) Ltd |
Independent |
Grades Served—
|
Catchment Info—
|
Distance809 m
|
|
The Westside School |
Independent |
Grades ServedK-9
|
Catchment Info—
|
Distance913 m
|
|
Lowell High School |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance933 m
|
|
Canada Royal Arts High School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.06 KM
|
|
Columbia Academy |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance1.21 KM
|
|
Queen Alexandra Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.31 KM
|
|
St. Lawrence School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.36 KM
|
|
Lord Strathcona Community Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.38 KM
|
|
Madrona School |
Independent |
Grades ServedK-9
|
Catchment Info—
|
Distance1.41 KM
|
|
Franklin School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.41 KM
|
|
Alexander Academy |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance1.47 KM
|
|
VISST |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.51 KM
|
|
Sino Bright School BC |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance1.60 KM
|
|
Henry Hudson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.74 KM
|
|
Blessed Sacrament School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance1.75 KM
|
|
Lord Roberts Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.80 KM
|
|
Century High School |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance1.89 KM
|
|
King George Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
Distance2.00 KM
|
|
St.Patrick Regional Secondary School |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance2.09 KM
|
|
Columbia College |
Independent |
Grades Served11-12
|
Catchment Info—
|
Distance2.14 KM
|
|
Simon Fraser Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.18 KM
|
|
Lord Tennyson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.20 KM
|
|
St.Patrick's Elementary School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.20 KM
|
|
St Francis Xavier |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.26 KM
|
|
St Patrick's |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.27 KM
|
|
St. Francis Xavier |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.28 KM
|
|
St. Augustine's |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.29 KM
|
|
Edith Cavell Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.38 KM
|
|
Mount Pleasant Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.43 KM
|
|
St. John's School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance2.55 KM
|
|
Emily Carr Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.62 KM
|
|
Florence Nightingale Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.64 KM
|
|
Fraser Academy |
Independent |
Grades Served2-12
|
Catchment Info—
|
Distance2.66 KM
|
|
Westside Montessori |
Independent |
Grades ServedK
|
Catchment Info—
|
Distance2.80 KM
|
|
Vancouver Talmud Torah Elementary School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.87 KM
|
|
York House School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance2.99 KM
|
Pre-computed routes from 2505 388 Drake St, Vancouver, BC
2505 388 Drake St, Vancouver, BC
9 min
Downtown Vancouver
By transit (Skytrain)
-
Downtown Vancouver via Yaletown-Roundhouse → Waterfront9 min
-
Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown27 min
-
SFU Burnaby via Yaletown-Roundhouse → Production Way34 min
-
Richmond Centre via Yaletown-Roundhouse → Brighouse26 min
-
YVR Airport via Yaletown-Roundhouse → YVR-Airport27 min
By car (off-peak)
-
Downtown Vancouver via HWY 1 / Grandview2 min
-
Metrotown, Burnaby via Lougheed Hwy12 min
-
SFU Burnaby via Gaglardi Way18 min
-
Richmond Centre via No. 3 Rd14 min
-
YVR Airport via Bridgeport / Sea Island12 min
Calculate your commute
2505 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 2505 388 Drake Street
Car-Dependent
98
Walk Score - Walker's Paradise
Daily errands do not require a car
Some Transit
97
Transit Score - Rider's Paradise
World-class public transportation
Somewhat
Bikeable 86
Bikeable 86
Bike Score - Very Bikeable
Biking is convenient for most trips
BC Assessment Value — 2505 388 Drake Street
2026 assessed value, sourced from City of Vancouver open data (PID 019-050-402).
$1,313,000
-4.8% YoY
-2.2%/yr over 4 yr
2022
Value Trend
2026
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $902,000 | $411,000 | $1,313,000 |
-4.8%
|
| 2025 | $947,000 | $432,000 | $1,379,000 |
-2.3%
|
| 2024 | $970,000 | $442,000 | $1,412,000 |
+2.7%
|
| 2023 | $944,000 | $431,000 | $1,375,000 |
-4.1%
|
| 2022 | $958,000 | $476,000 | $1,434,000 | — |
Mortgage Calculator for 2505 388 Drake Street
/month
Principal & Interest
Property Taxes
$358
Maintenance fee
961.16
Financing 80% of the $1,290,000 asking price over 30 years at 4% results in approximately $6,246/month in total estimated carrying costs, $358 property tax, $961 maintenance fee.
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
This listing generates an estimated $3,677/month in rental income, leaving a -$2,625/month cashflow at current carrying costs. Investors targeting break-even would need roughly 63% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for 2505 388 Drake Street, Vancouver
Buy Vs Rent Calculator
—
/ month
Principal: —
Interest, tax, insurance, fees: —
Rent vs own
—
Principal paid off by year 5
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Principal paid off by year 10
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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
This Home
$1,290,000
Vancouver
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Yaletown
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Based on 79 comparable active apartments/condos in Yaletown, the average asking price is $1,129,211. This listing is priced 14.2% 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
