203 388 Drake St, Vancouver BC - Apartment/Condo for Sale - MLS# R3119190

$1,298,000
Est. Mortgage $5,742/mo
Governor's Tower
3 Beds
2 Baths
1241 sqft
1046 $ /sqft
961.16 $ Maint. fee
1995 built
$1,298,000
Est. $5,742/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 203 388 Drake Street

Governor’s Tower in Yaletown, this updated 3-bedroom home offers 1,241 sf of efficient interior and enjoys beautiful views of David Lam Park and False Creek. Thoughtfully redesigned featuring custom millwork, integrated living-room cabinetry, and full-height panelling in the primary suite. The open kitchen connects to the dining area with a generous breakfast bar, creating a natural gathering space oriented to the park and water. The primary suite features a walk-in closet and ensuite, while marble bathrooms and updated hardwood flooring add a refined feel. 1 parking and 1 storage locker are provided. Amenities include a concierge, an indoor pool, a hot tub, a sauna, and a gym. Ideally located in the heart of Yaletown, steps from the seawall and with numerous dining and shopping options.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Heating Type Baseboard, Hot Water
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
View Description David Lam Park, False Creek
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $1,298,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1241
Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Sauna/Steam Room, Concierge, Trash, Management, Recreation Facilities, Sewer, Water
Building Name Governor's Tower
Ownership Type Freehold Strata
Maintenance Fee $961.16
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Sauna/Steam Room, Concierge, Trash, Management, Recreation Facilities, Sewer, Water
Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Lot & Land

MLS® # R3119190
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6B 6A8
Gross Taxes $4,026.69
Zoning CD-1

Property Timeline

Status Date Price
R3119190 / Active 05-04-2026 $1,298,000
Rooms
Floor Type Dimensions
Main Level Foyer 4'5 x 4'5 ft
Main Level Kitchen 8'0 x 8'0 ft
Main Level Dining Room 11'2 x 11'2 ft
Main Level Storage 4'7 x 4'7 ft
Main Level Flex Room 6'1 x 6'1 ft
Main Level Living Room 12'3 x 12'3 ft
Main Level Primary Bedroom 12'8 x 12'8 ft
Main Level Bedroom 9'6 x 9'6 ft
Main Level Bedroom 10'11 x 10'11 ft
Main Level Walk-In Closet 6'3 x 6'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #4

Listed by: Engel & Volkers Vancouver

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

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
0.59 km
Secondary
Pattison School
0.81 km

Closest Transit

Bus Stop
Westbound Pacific Blvd @ Drake St
0.02 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.19 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 203 388 Drake Street

BC Assessment Value — 203 388 Drake Street

2026 assessed value, sourced from City of Vancouver open data (PID 019-049-340).
Total Assessed Value (2026)
$1,098,000
-14.9% YoY
-2.6%/yr over 4 yr
2022 Value Trend 2026
Land
$683,000
Buildings
$415,000
Year Built
1995
Class
Comprehensive Development
Zoning
CD-1 (266)
Property Tax
$3,695
Year Land Improvements Total Assessed YOY Change
2026 $683,000 $415,000 $1,098,000
-14.9%
2025 $803,000 $488,000 $1,291,000
-0.8%
2024 $810,000 $492,000 $1,302,000
+10.1%
2023 $736,000 $447,000 $1,183,000
-2.9%
2022 $603,000 $615,000 $1,218,000

Mortgage Calculator for 203 388 Drake Street

/month
Principal & Interest
Property Taxes $336
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($259,600), the estimated monthly payment for this listing is $6,254/month — $4,957 principal & interest, $336 property tax, $961 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $3,894/month, this property runs a $2,416/month shortfall after mortgage and carrying costs. Break-even requires approximately 59% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Yaletown, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,298,000
Vancouver Loading...
Yaletown Loading...

Based on 14 comparable active apartments/condos in Yaletown, the average asking price is $1,213,583. This listing is priced 7% above the neighbourhood average.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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