2505 388 Drake St, Vancouver, BC, MLS® R3016216

$1,390,000
Est. Mortgage /mo

$1,390,000
$1,450,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 961.16 Maint. Fee
1202 sqft
1995 built
Show more info
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Map
Street view
Schools
Crime
Commute
Shop & Eat

2505 388 Drake St, Vancouver, BC | MLS® R3016216 Property 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 (approx. 4 years old), 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. Steps from

General Info

Price $1,390,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1202
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1995
Age Of Building 30
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3016216
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Gross Taxes $4,192
Ownership Type Freehold Strata
Maintenance Fee $961.16
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities

Heating & Cooling

Fireplace 0
Heating Type Baseboard

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Front Access
Total Parking Spaces 5

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker -
View 1
View Description False Creek, David Lam Park
Units In Development 237
Exterior Features Garden, No Outdoor Area
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Nu Stream Realty Inc. & Nu Stream Realty Inc.

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.

Neighborhood Info

Public Schools

Secondary
King George Secondary School
2 km
Elementary
Elsie Roy Elementary School
Average
0.21 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
0.58 km
Secondary
Pattison High School
0.8 km

Closest Transit

Bus Stop
Westbound Pacific Blvd @ Drake St
0.03 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.18 km

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

2505 388 Drake Street is serviced by Elsie Roy Elementary School. The property with listing MLS® R3016216 is located 0.21 km from the school. Elsie Roy Elementary School has a rating of Rating 6.1/10.

This home with address 2505 388 Drake Street, Vancouver, BC is also serviced by King George Secondary School and located 2 km from it. King George Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2505 388 Drake Street is Anchor Point Montessori with School's rating No Rating, located 0.58 km from this home.

The closest to this address 2505 388 Drake Street Secondary independent school is Pattison High School with School's rating No Rating, located 0.8 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 2505 388 Drake Street, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R3016216 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 2505 388 Drake Street are Above Average. Property misconduct rating adjacent to MLS® R3016216 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Westbound Pacific Blvd @ Drake St in 0.03 km away from this listing with - MLS® R3016216.

57% of people with university certificate/degree live in this neighbourhood adjacent to the 2505 388 Drake Street which is High in comparison with other BC neighbourhoods. 5.1% of population in this neighbourhood that is near the Listing MLS® R3016216 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 2505 388 Drake Street, Vancouver, BC is $88789 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3016216 is $47701 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 56.2% which is Average.

Unemployment rate in the area around Real Estate Listing # R3016216 is 4.5 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 2505 388 Drake Street Yaletown where population change between 2011 and 2016 was 1.9%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2505 388 Drake Street, Vancouver, BC is 20214.4 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 2505 388 Drake Street is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R3016216 is 48.4% and it is Below Average. % of Married or living common law is around 57.7% and it is Average.

Average age of the population close to the 2505 388 Drake Street is 43.8 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2505 388 Drake Street, Vancouver, BC is $1095068 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 2505 388 Drake Street. $1964 owners spent in average for the dwelling. Tenants are paying $1910 in this district close to MLS® R3016216 and it is High comparing to other cities.

44.6% of Population in this district near the 2505 388 Drake Street are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2505 388 Drake Street, Vancouver, BC is 10.7%, it is Above Average, % of English speakers only is 86.4% and Below Average. % of French speakers adjacent to 2505 388 Drake Street only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 2505 388 Drake Street, Vancouver, BC is 2.8% and it is Above Average comparing to other BC cities.

22.8% of all population in the area around this property with the address 2505 388 Drake Street, Vancouver, BC using Public Transport which is Above Average, 45.1% of using population are using Cars around MLS® R3016216, which is Low. 2.6% of people using Bicycles around the 2505 388 Drake Street and it is Above Average. 28.1% of population are walking which is High

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,390,000
Vancouver $1,053,923
Yaletown $1,150,693
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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