Home Vancouver, BC Yaletown Concordia 1 2A 199 Drake Street

2A 199 Drake St, Vancouver BC - Apartment/Condo for Sale - MLS# R3173638

1 day on the market

$998,000

Est. Mortgage $4,415/mo

Listing updated: Oct 7, 2026 at 04:56pm

EstateBlock checked: Oct 8, 2026 at 04:30am

Concordia I

2 Beds

2 Baths

1189 sqft

839 $ /sqft

900 $ Maint. fee

1995 built

NEW

1 day on the market

$998,000

Est. $4,415/mo with 20% down

Listing updated: Oct 7, 2026 at 04:56pm

EstateBlock checked: Oct 8, 2026 at 04:30am

Photo

Welcome to CONCORDIA I in the heart of Yaletown! This spacious and beautifully renovated 2 Bed, 2 Bath home features a versatile solarium and flex space, with stunning views of David Lam Park and False Creek from every room. The expansive layout offers exceptional functionality, with only 4 homes on the floor, and custom built-ins throughout maximizing storage. Enjoy convenient access to the pool, hot tub, gym and garden patio on the same level, plus a library just downstairs. Steps to the Seawall, David Lam Park, Roundhouse Community Centre, Elsie Roy School, Urban Fare, restaurants, shops and more. Move-in ready and ideally located! Strata fees include caretaker, heat and hot water.

Interior Features

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

Exterior Features

Exterior Features	No Outdoor Area
View Description	False Creek and David Lam Park
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$998,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1189
Year Built	1995
Age Of Building	31
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities
Building Name	Concordia I
Ownership Type	Freehold Strata
Maintenance Fee	$900
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Underground, Guest
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Yes With Restrictions
Rental Suites	None
Units In Development	88

Lot & Land

MLS^® #	R3173638
Area	Vancouver West
Neighbourhood	Yaletown
City	Vancouver
Postal Code	V6Z 2T9
Gross Taxes	$3,316.84
Zoning	CD-1

Property Timeline

Status	Date	Price
R3173638 / Active	10-07-2026	$998,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	10'1 x 10'1 ft
Main Level	Primary Bedroom	10'9 x 10'9 ft
Main Level	Living Room	11'4 x 11'4 ft
Main Level	Dining Room	11'4 x 11'4 ft
Main Level	Kitchen	7'11 x 7'11 ft
Main Level	Bedroom	9'4 x 9'4 ft
Main Level	Flex Room	8'4 x 8'4 ft
Main Level	Solarium	10'2 x 10'2 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#4

Listed by: Sutton Group-West Coast 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: 91
Sold, past year: 5

This home

$839/sqft, 14.3% below the building median of $979.

Homes for sale at Concordia 1, Vancouver Recent sold listings in Concordia 1, Vancouver

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 0.14 km 6.8/10
Secondary
King George Secondary School: Average 2.07 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 0.38 km 9/10
Elementary,Secondary
Eaton Arrowsmith School (Vancouver) Ltd: 0.73 km

Closest Transit

Bus Stop
Eastbound Pacific Blvd @ Drake St: 0.01 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

61 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $1,087,820

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

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

1 DOM

Very fast

Yaletown avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

2A 199 Drake Street has a sell-speed score of 61/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 9% below comparable active properties in Yaletown, which is a strong competitive signal. 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 (255 nearby)

Pho quynh express · 41 m · Restaurant
Panago · 42 m · Fast Food
Ki isu japanese restaurant · 47 m · Restaurant

Shopping (234 nearby)

Skin casa · 5 m · Beauty Shop
Element nails · 7 m · Beauty Shop
Posy · 44 m · Beauty Shop

Cafes (74 nearby)

Cha yuan · 75 m · Cafe
Faubourg paris · 126 m · Cafe
Starbucks · 150 m · Cafe

Groceries (63 nearby)

Martway · 115 m · Convenience
Ganache pâtisserie · 148 m · Bakery
Urban fare · 189 m · Supermarket

Healthcare (11 nearby)

The pharmacy yaletown · 49 m · Healthcare
Shoppers drug mart · 374 m · Healthcare
Yale i.d.a. pharmacy · 439 m · Healthcare

Gyms (4 nearby)

Baza dance studios · 349 m · Gym
Cycklus · 714 m · Gym
Harbour dance centre · 747 m · Gym

Transit (3 nearby)

Skytrain @ yaletown-roundhouse stn station · 116 m · Transit
Bus stop northbound burrard st @ comox st · 851 m · Transit
Skytrain @ olympic village stn station · 936 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 141 m
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 383 m
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 735 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 737 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 753 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 835 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 839 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 874 m
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.03 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 1.18 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.34 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.34 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.40 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.40 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.40 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.44 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.55 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 1.56 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.70 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.85 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.88 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 1.97 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 2.03 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.2 / 10	Distance 2.07 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.10 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.11 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 2.18 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.27 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.32 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.33 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.38 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 2.60 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.64 KM
Fraser Academy	Independent	Grades Served 2-12	Catchment Info —	6.2 / 10	Distance 2.75 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	N/A	Distance 2.78 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.85 KM

Pre-computed routes from 2A 199 Drake St, Vancouver, BC

2A 199 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

2A 199 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 Eastbound Pacific Blvd @ Drake St (0.01 km). Walk Score Transit rating: Rider's Paradise (98/100).

Walkability & Transit Near 2A 199 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 87

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 2A 199 Drake Street

2026 assessed value, sourced from City of Vancouver open data (PID 023-246-120).

Total Assessed Value (2026)

$986,000

-18.4% YoY

-1.7%/yr over 4 yr

2022 Value Trend 2026

Land

$620,000

Buildings

$366,000

Year Built

1995

Class

Comprehensive Development

Zoning

CD-1 (297)

Property Tax

$3,317

Year	Land	Improvements	Total Assessed	YOY Change
2026	$620,000	$366,000	$986,000	-18.4%
2025	$760,000	$448,000	$1,208,000	+3.7%
2024	$733,000	$432,000	$1,165,000	+6.1%
2023	$691,000	$407,000	$1,098,000	+3.9%
2022	$630,000	$427,000	$1,057,000	—

Mortgage Calculator for 2A 199 Drake Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $276

Maintenance fee 900

A 20% down payment of $199,600 on this $998,000 listing yields an estimated mortgage of $3,812/month (30-year fixed, 4%). Total estimated housing cost: $4,988/month, $276 property tax, $900 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

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 $3,412/month in estimated rental income against $5,051/month in mortgage payments, the monthly cashflow is -$1,639/month. A 55% 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 2A 199 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.