Home Vancouver, BC Yaletown Concordia 1 7B 199 Drake Street

7B 199 Drake St, Vancouver BC - Apartment/Condo for Sale - MLS# R2840269

Verified Account Required $●●●,●●●

Listing updated: Jul 1, 2025 at 11:09am

EstateBlock checked: Oct 7, 2026 at 05:40am

Concordia 1

3 Beds

2 Baths

1149 sqft

1175 $ /sqft

778.53 $ Maint. fee

1995 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Jul 1, 2025 at 11:09am

EstateBlock checked: Oct 7, 2026 at 05:40am

Photo

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: $989K
Median $/sqft: $1,040
Days on market: 120
Sold, past year: 5

This home

$1,175/sqft, 13% 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.

VERIFIED ACCOUNT REQUIRED

Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
King George Secondary School: 2.07 km
Elementary
Elsie Roy Elementary School: Average 0.14 km 6.1/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Anchor Point Montessori: 0.69 km
Secondary
Pattison School: 0.84 km

Closest Transit

Bus Stop
Eastbound Pacific Blvd @ Drake St: 0.02 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

56 / 100

Overall sell-speed score

Moderate pace expected

—

Price competition grade

No comparable data

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

43 DOM

Average

Yaletown avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

7B 199 Drake Street has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. 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 (253 nearby)

Pho quynh express · 52 m · Restaurant
Panago · 52 m · Fast Food
Ki isu japanese restaurant · 55 m · Restaurant

Shopping (233 nearby)

Skin casa · 8 m · Beauty Shop
Element nails · 11 m · Beauty Shop
Varnish · 49 m · Beauty Shop

Cafes (73 nearby)

Cha yuan · 85 m · Cafe
Faubourg paris · 138 m · Cafe
Starbucks · 162 m · Cafe

Groceries (63 nearby)

Martway · 126 m · Convenience
Ganache pâtisserie · 159 m · Bakery
Urban fare · 191 m · Supermarket

Healthcare (11 nearby)

The pharmacy yaletown · 61 m · Healthcare
Shoppers drug mart · 382 m · Healthcare
Yale i.d.a. pharmacy · 448 m · Healthcare

Gyms (4 nearby)

Baza dance studios · 356 m · Gym
Cycklus · 720 m · Gym
Harbour dance centre · 760 m · Gym

Transit (3 nearby)

Skytrain @ yaletown-roundhouse stn station · 127 m · Transit
Bus stop eastbound w 6th ave @ heather st · 859 m · Transit
Skytrain @ olympic village stn station · 926 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 136 m
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 387 m
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 730 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 733 m
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 749 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 844 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 877 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 1.35 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 1.41 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 1.44 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 1.97 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 2.09 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 2.27 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 2.32 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 2.74 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 2.84 KM

Pre-computed routes from 7B 199 Drake St, Vancouver, BC

7B 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

7B 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).

Mortgage Calculator for 7B 199 Drake Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $284

Maintenance fee 778.53

With a 20% down payment, buyers can expect an estimated $6,219/month in total housing costs on this $1,350,000 property — $5,156 mortgage payment, $284 property tax, $779 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

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Vacancy Rate

Down Payment

Down Payment (percent)

/month

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $3,848/month estimated rent and $6,277/month in total housing costs, this property has a -$2,429/month cashflow. Break-even down payment: approximately 58%.

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

Estateblock Rent Estimate for 7B 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.