Home Vancouver, BC Yaletown Concordia 1 3F 199 Drake Street

3F 199 Drake St, Vancouver BC - Apartment/Condo for Sale - MLS# R3143001

58 days on the market

$950,000

Est. Mortgage $4,203/mo

Listing updated: Aug 5, 2026 at 05:28pm

EstateBlock checked: Sep 2, 2026 at 03:45pm

2 Beds

2 Baths

1036 sqft

917 $ /sqft

829.31 $ Maint. fee

1995 built

19.9% cheaper than comps

58 days on the market

$950,000

$985,000

Est. $4,203/mo with 20% down

Listing updated: Aug 5, 2026 at 05:28pm

EstateBlock checked: Sep 2, 2026 at 03:45pm

Photos

Exterior Front Photo of 3F 199 Drake Street, Vancouver, BC

Exterior Rear Photo of 3F 199 Drake Street, Vancouver, BC

Living Room Photo of 3F 199 Drake Street, Vancouver, BC

Family Room Photo of 3F 199 Drake Street, Vancouver, BC

Dining Area Photo of 3F 199 Drake Street, Vancouver, BC

Kitchen Photo of 3F 199 Drake Street, Vancouver, BC

Kitchen Island Photo of 3F 199 Drake Street, Vancouver, BC

Pantry Photo of 3F 199 Drake Street, Vancouver, BC

Breakfast Nook Photo of 3F 199 Drake Street, Vancouver, BC

Primary Bedroom Photo of 3F 199 Drake Street, Vancouver, BC

Immaculate 2-bedroom, 2-bath southeast corner unit, a spacious layout & an oversized den—perfect as a third bedroom or home office. Features incl. in-suite storage, balcony ideal for BBQs, upgrades: engineered hardwood floors, stainless steel appliances, California shutters, and Brand new air conditioning in both bedrooms. The building is well cared for, with many upgrades. Monthly fees cover heat, hot water, a full-time caretaker, and access to great amenities incl. a gym, indoor pool, hot tub. Unbeatable Yaletown location directly across from David Lam Park—steps to shops, best restaurants. Stroll or bike along the seawall, hop on the ferry to Granville Island, or Canada Line for quick airport access. Pets: Municipal bylaws: 3 dogs allowed! Open House: Saturday July 11th 2-4pm

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Heating Type	Baseboard, Hot Water
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$950,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1036
Year Built	1995
Age Of Building	31
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Management, Other
Ownership Type	Freehold Strata
Maintenance Fee	$829.31
Amenities Nearby	Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Management, Other
Utility Type	Electricity Connected
Water (WaterSource)	Community
Parking Type	Underground
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, Dogs OK, Yes With Restrictions

Lot & Land

MLS^® #	R3143001
Area	Vancouver West
Neighbourhood	Yaletown
City	Vancouver
Postal Code	V6Z 2T9
Gross Taxes	$3,280.42
Zoning	CD 1

Property Timeline

Status	Date	Price
R3143001 / Active	07-06-2026	$950,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13'2 x 13'2 ft
Main Level	Dining Room	11'1 x 11'1 ft
Main Level	Kitchen	8'5 x 8'5 ft
Main Level	Primary Bedroom	12' x 12' ft
Main Level	Bedroom	9'6 x 9'6 ft
Main Level	Den	10'3 x 10'3 ft
Main Level	Storage	7'6 x 7'6 ft
Main Level	Foyer	4'5 x 4'5 ft

Bathrooms

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

Listed by: Oakwyn Realty Ltd.

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 0.13 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

74 / 100

Overall sell-speed score

Likely within weeks

Price competition grade

Avg comparable: $1,139,050

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

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

58 DOM

Average

Yaletown avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

3F 199 Drake Street has a sell-speed score of 74/100, placing it in the "Expected to sell within weeks" band. The listing is priced 19.9% 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 likely to sell within a few weeks.

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 (BC ENV 2024). 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 126 m
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 400 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 720 m
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 722 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 736 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 848 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 855 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 889 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 —	0	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 1.68 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 1.95 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 —	0	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 2.08 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 2.16 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 2.73 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	0	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 3F 199 Drake St, Vancouver, BC

3F 199 Drake St, Vancouver, BC Yaletown-Roundhouse 0.1 km

9 min

Downtown Vancouver Waterfront Station

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

3F 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 3F 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 — 3F 199 Drake Street

2026 assessed value, sourced from City of Vancouver open data (PID 023-246-201).

Total Assessed Value (2026)

$932,000

-11.4% YoY

-0.2%/yr over 4 yr

2022 Value Trend 2026

Land

$679,000

Buildings

$253,000

Year Built

1995

Class

Comprehensive Development

Zoning

CD-1 (297)

Property Tax

$3,135

Year	Land	Improvements	Total Assessed	YOY Change
2026	$679,000	$253,000	$932,000	-11.4%
2025	$766,000	$286,000	$1,052,000	+2.7%
2024	$746,000	$278,000	$1,024,000	+4.9%
2023	$711,000	$265,000	$976,000	+4.1%
2022	$669,000	$269,000	$938,000	—

Mortgage Calculator for 3F 199 Drake Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $273

Maintenance fee 829.31

A 20% down payment of $190,000 on this $950,000 listing yields an estimated mortgage of $3,628/month (30-year fixed, 4%). Total estimated housing cost: $4,730/month, $273 property tax, $829 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: Aug 5, 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 $3,249/month in estimated rental income against $4,790/month in mortgage payments, the monthly cashflow is -$1,541/month. A 54% 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 3F 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.