Experience the best of Yaletown living in this spacious 1,043 sq. ft. 2 bed + 2 bath + den home, perfectly located across from David Lam Park and steps from top restaurants, and vibrant community spaces. This residence features luxurious finishes, including marble tiles in the primary ensuite and premium fixtures from Kohler and Grohe. The sleek kitchen boasts Miele appliances and a built-in coffee maker. Tastefully updated over the years, this home offers an opportunity to add final personal touches to select cabinetry, closets, and lighting. The building offers top-tier amenities, including a large indoor pool, hot tub, sauna, and a well equipped fitness center. A rare chance to own in one of Vancouver’s most sought-after neighborhoods!
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Finished |
| Interior Features | Elevator |
| Heating Type | Baseboard, Hot Water |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Foundation | Concrete Perimeter |
| Exterior Features | Playground, No Outdoor Area, Private Yard |
|---|---|
| View Description | City, Park, Water |
| Roof | Other |
| Structures | Multi Family, Residential Attached |
| Price | $1,149,000 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1043 |
| Year Built | 1994 |
| Age Of Building | 32 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Water |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $829.39 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Water |
| Utility Type | Community, Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground, Side Access |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allwd w/Restrctns |
| Pet Restrictions | Yes With Restrictions |
| Lot Size Depth | Feet |
|---|---|
| MLS® # | R2983282 |
| Area | Vancouver West |
| Neighbourhood | Yaletown |
| City | Vancouver |
| Postal Code | V6B 6A8 |
| Gross Taxes | $3,167.87 |
| Zoning | CD-1 |
| Status | Date | Price |
|---|---|---|
| R2983282 / Active | 03-27-2025 | $1,149,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Primary Bedroom | 11'10 x 11'10 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Main Level | Den | 5'2 x 5'2 ft |
| Main Level | Dining Room | 10'7 x 10'7 ft |
| Main Level | Kitchen | 7'7 x 7'7 ft |
| Main Level | Living Room | 12'4 x 12'4 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #3 |
| Main Level | No | #4 |
Listed by: Oakwyn Realty Ltd. & Oakwyn Realty Ltd.
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 506 388 Drake Street | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $626,000 | $377,000 | $1,003,000 |
-4.2%
|
| 2025 | $654,000 | $393,000 | $1,047,000 |
-1.9%
|
| 2024 | $666,000 | $401,000 | $1,067,000 |
+5.7%
|
| 2023 | $630,000 | $379,000 | $1,009,000 |
-3.1%
|
| 2022 | $583,000 | $458,000 | $1,041,000 | — |
Based on 72 comparable active apartments/condos in Yaletown, the average asking price is $1,188,121. This listing is priced 3.3% below the neighbourhood average. This property is flagged as a Hot Deal (8.0% price reduction) based on its competitive pricing and market demand.
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