Home Vancouver, BC Yaletown Concordia 1 5C 199 Drake Street

5C 199 Drake St, Vancouver BC V6Z 2T9 – Condo for Sale – MLS® R3182900

5C 199 Drake Street, Vancouver, British Columbia V6Z 2T9

Vancouver Condos for Sale

Today on the market

$1,249,000

Est. monthly cost $6,310/mo

Updated with MLS® - Nov 10, 2026 at 02:10pm

Concordia

2 Beds

2 Baths

1163 sqft

1074 $ /sqft

939 $ Maint. fee

1995 built

NEW

Photos

OPEN HOUSE Nov. 1st Sun 2-4 pm. . Highly coveted upper floor plan with UNOBSTRUCTED PANORAMIC VIEWS of False Creek & beyond. The stunning rotunda living room features floor-to-ceiling windows bright with natural light. Upgraded kitchen boasts newer soft-close cabinets, marble counters, matching custom workstation perfect for a home office. Enjoy comfort with A/C in the living room & bedroom, custom blinds, built-ins, a massive walk-in closet, & an elegant ensuite. Maint includes heat, hot water, a full-time caretaker, & premium resort amenities: indoor pool, hot tub, & fitness gym. Perfectly located overlooking David Lam & George Wainborn Parks & Elsie Roy Elementary. Embrace the ultimate Yaletown lifestyle: walk the scenic seawall, ferry to Granville Island, stroll to Urba Fare.

Building 28 fields Inside & out 14 fields Lot & land 7 fields

Building Details

Price	$1,249,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1163
Year Built	1995
Age Of Building	31
Building Type	Apartment/Condo
Unit Style	Corner unit
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Recreation Facilities, Caretaker, Trash, Gas, Heat, Hot Water, Management, Snow Removal
Building Name	Concordia
Ownership Type	Freehold Strata
Maintenance Fee	$939
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Exercise Centre, Recreation Facilities, Caretaker, Trash, Gas, Heat, Hot Water, Management, Snow Removal
Utility Type	Electricity Connected, Natural Gas Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Underground, Side Access, Concrete
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions	100
Rental Suites	None
Units In Development	96

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, Natural Gas
Cooling	Air Conditioning
Laundry	In Unit
# of Kitchens	1
Flooring	Concrete, Carpet
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
View Description	PANORAMIC VIEW OF FALSE CREEK
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3182900
Area	Vancouver West
Neighbourhood	Yaletown
City	Vancouver
Postal Code	V6Z 2T9
Gross Taxes	$4,060.27
Zoning	CD-1

Property Timeline

Status	Date	Price
R3182900 / Active	11-10-2026	$1,249,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	17'2 x 17'2 ft
Main Level	Dining Room	10'2 x 10'2 ft
Main Level	Kitchen	10'8 x 10'8 ft
Main Level	Eating Area	9'6 x 9'6 ft
Main Level	Primary Bedroom	11'11 x 11'11 ft
Main Level	Bedroom	15'8 x 15'8 ft
Main Level	Walk-In Closet	10' x 10' ft
Main Level	Pantry	6'6 x 6'6 ft
Main Level	Laundry	3'11 x 3'11 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main 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.

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: 3
Median ask: $998K
Median $/sqft: $1,040
Days on market: 98
Sold, past year: 4

This home

$1,074/sqft, 3.3% above the building median of $1,040.

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, sell speed & climate

SkyTrain 0.13 km · King George Secondary School 6.2/10 · 2.07 km · crime average · sell-speed score 47/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (254 nearby)

Pho quynh express · 49 m · Restaurant
Panago · 49 m · Fast Food
Ki isu japanese restaurant · 52 m · Restaurant

Shopping (233 nearby)

Skin casa · 5 m · Beauty Shop
Element nails · 9 m · Beauty Shop
Varnish · 49 m · Beauty Shop

Cafes (74 nearby)

Cha yuan · 82 m · Cafe
Faubourg paris · 135 m · Cafe
Starbucks · 159 m · Cafe

Groceries (63 nearby)

Martway · 123 m · Convenience
Ganache pâtisserie · 155 m · Bakery
Urban fare · 191 m · Supermarket

Healthcare (11 nearby)

The pharmacy yaletown · 58 m · Healthcare
Shoppers drug mart · 379 m · Healthcare
Yale i.d.a. pharmacy · 445 m · Healthcare

Gyms (4 nearby)

Baza dance studios · 354 m · Gym
Cycklus · 719 m · Gym
Harbour dance centre · 756 m · Gym

Transit (3 nearby)

Skytrain @ yaletown-roundhouse stn station · 124 m · Transit
Bus stop northbound burrard st @ comox st · 859 m · Transit
Skytrain @ olympic village stn station · 929 m · Transit

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 0.39 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: 0.13 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

Price competition grade

Avg comparable: $1,091,182

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.13 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

0 DOM

Very fast

Yaletown avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

5C 199 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 14.5% 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 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.

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 139 m
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 385 m
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 734 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 735 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 751 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 837 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 841 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 876 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
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.34 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.34 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.40 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
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 1.56 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 1.96 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 2.54 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 2.74 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 5C 199 Drake St, Vancouver, BC

5C 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

5C 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 (0.01 km). Walk Score Transit rating: Rider's Paradise (98/100).

Walkability & Transit Near 5C 199 Drake Street

Walker's Paradise 99

Walk Score - Walker's Paradise

Daily errands do not require a car

Rider's Paradise 98

Transit Score - Rider's Paradise

World-class public transportation

Very Bikeable 85

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 5C 199 Drake Street

2026 assessed value, sourced from City of Vancouver open data (PID 023-246-774).

Total Assessed Value (2026)

$1,207,000

-13.0% YoY

-1.9%/yr over 4 yr

2022 Value Trend 2026

Land

$912,000

Buildings

$295,000

Year Built

1995

Class

Comprehensive Development

Zoning

CD-1 (297)

Property Tax

$4,060

Year	Land	Improvements	Total Assessed	YOY Change
2026	$912,000	$295,000	$1,207,000	-13.0%
2025	$1,049,000	$339,000	$1,388,000	+1.7%
2024	$1,032,000	$333,000	$1,365,000	+2.6%
2023	$1,006,000	$325,000	$1,331,000	+2.1%
2022	$942,000	$361,000	$1,303,000	—

Costs & calculators

Monthly cost about $6,310/month · rent estimate $3,747/month · owning catches up with renting by year 28 · cash flow if rented −$2,804/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 5C 199 Drake Street

$6,310 /month

Principal & Interest $5,033

Property Taxes $338

Maintenance fee $939

The estimated monthly cost of 5C 199 Drake Street, Vancouver is $6,310: $5,033 principal and interest with 20% down over 30 years at 4.45%, plus $338 property tax and $939 strata 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

−$2,804 /month

Mortgage Payment $5,033

Monthly Cash Flow −$2,804

Break Even Down Payment 65%

Cap Rate -2.7%

Cash on Cash -13.5%

If 5C 199 Drake Street, Vancouver were rented at $3,747 a month with 5% vacancy, it would fall $2,804 a month short of the mortgage and carrying costs; about 65% down would break even.

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

Estateblock Rent Estimate for 5C 199 Drake Street, Vancouver

$3,747 / month

Rent $3,747

Own $6,310

Principal: $1,619/mo Interest, tax, insurance, fees: $4,691/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,355/mo (year 1) → ~$3,152/mo (year 20) → ~$4,700/mo (year 29).

Net cost to own at year 5 ~$4,691/mo About $944/mo more than renting

EstateBlock estimates 5C 199 Drake Street, Vancouver would rent for about $3,747 a month.

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.

Rent vs own: 5C 199 Drake Street

Rent vs own

Owning catches up by year 28

With 20% down ($249,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $89,042

Principal paid off by year 10 $200,227

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 5C 199 Drake Street, Vancouver is cheaper at first, but owning catches up by year 28, with $89,042 of principal paid off by year 5 and $200,227 by year 10.