For Sale · Vancouver · Single Family

$1,290,000

2505 388 DRAKE STREET, Vancouver

Beds

Baths

1,202

Sq Ft

1995

Built

About This Home

The details.

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. (id:66635)

Summarizing the highlights...

MLS® R3134834Listing courtesy of Nu Stream Realty Inc.See all units in this building View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Strata
Year built: 1995
Size: 1,202 sqft
Parking: 5 spaces
Strata fee: $961 / monthly
MLS number: R3134834
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$6,033

$1,032,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$6,033

Cash flow

-$6,033

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Vancouver right now

1,686

Active listings

1,805

New this week

$859,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Vancouver.

Household and demographic stats for Vancouver, from the Statistics Canada 2021 Census.

662,248
Population (2021): 39.6
Median age: 305,335
Households: 2.1
Avg household size: 45.5%
Home ownership: $82,000
Median household income

Vancouver neighbourhood guide Full census profile Vancouver market trends

Source: Statistics Canada 2021 Census, Vancouver, City (CY).

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Elsie Roy Elementary
public · elementary
220 m
False Creek Elementary
public · elementary
740 m
Pattison High School
independent · secondary
800 m
The Westside School
independent · k12
900 m
Lord Roberts Annex
public · elementary
1.1 km
Columbia Academy
independent · secondary
1.2 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Public Records

What the city has on file.

Independent reference data for this property from the City of Vancouver assessment roll (2026 assessment).

1995
Year built (city records): $1,574,000
Assessed land value: $740,000
Assessed improvements: $2,314,000
Total assessed value: CD-1 (266)
Zoning district: $7,786
Property taxes (2026): Strata
Ownership class

Assessed values are the municipal tax assessment, not a market appraisal. Contains information licensed under the Open Government Licence, City of Vancouver.

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Rental Market

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.