505 - 388 Drake Street

Yaletown, Central, Vancouver

505 - 388 Drake Street
505 - 388 Drake Street
505 - 388 Drake Street
+35
2
 bed
2
 bath
1
 parking
1056
 sqft
Condo Apt
* This unit size is calculated from property.ca data
$1,048,000
For Sale
3 days
 on site
$1,048,000
* This unit size is calculated from property.ca data
Click to open the pre-gallery to get the direction
Get Directions
Maintenance fees
$860.03
Locker
Owned
Exposure
-
Possession
-
Price per sqft
$992
Taxes
$3,948.58 (2025)
Outdoor space
-
Age of building
31 years old
See what's nearby
Description
Welcome to Governor's Tower, one of Yaletown's premier waterfront residences. This rare podium penthouse sits atop the 5-storey podium with no unit above and minimal shared walls, offering exceptional privacy and natural light from three exposures. East-facing primary bedroom enjoys morning sun. South-facing living room overlooks David Lam Park and False Creek. West-facing kitchen and covered balcony frame sunset views over the water. Floor-to-ceiling windows throughout. 2 bedrooms, 2 full bathrooms, 1,056 sq ft. Building fully rain-screened (2010) and re-piped (2018). Amenities include 24hr concierge, indoor pool, hot tub, sauna and gym. One underground parking stall and storage locker included. Steps to the seawall, David Lam Park, Canada Line and Yaletown's best dining and shopping.
Broker: Royal Pacific Lions Gate Realty Ltd.
MLS®#: R3108977
Property details
Neighbourhood:
Yaletown
Parking:
Yes
Parking type:
Underground
Property type:
Condo Apt
Heating type:
Baseboard,
Style:
Apartment/Condo
Ensuite laundry:
No
MLS Size:
1056 sqft
Listed on:
Apr 8, 2026
Show all details
Rooms
NameSizeFeatures
Living Room
15.33 x 15.75 ft
Dining Room
10.42 x 12.58 ft
Kitchen
8.00 x 8.08 ft
Show all
Instant estimate:
orto view instant estimate
$20,602
lower than listed price
i
High
$1,070,206
Mid
$1,027,398
Low
$973,085
Have a home? See what it's worth with an instant estimate

Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.

Get an EstimateLearn More About Selling

Included in Maintenance Fees

Water
Garbage Pickup
Gardening
Hot Water
Management
Recreation Facility
506 - 388 Drake Street
1/14
$1,149,000
379 days
506 - 388 Drake Street
2BD
2BA
1 Parking
1,043 sqft
Maint. Fee $829
MLS#: R2983282
Oakwyn Realty Ltd.
379 days
A601 - 431 Pacific Street
1/40
$998,000
18 days
A601 - 431 Pacific Street
2BD
1BA
1 Parking
997 sqft
Maint. Fee $596
MLS#: R3103223
Century 21 In Town Realty
18 days
10A - 199 Drake Street
1/24
$989,000
43 days
10A - 199 Drake Street
2BD
2BA
1 Parking
951 sqft
Maint. Fee $750
MLS#: R3094374
RE/MAX Crest Realty
43 days
2008 - 1238 Richards Street
1/15
$999,900
74 days
2008 - 1238 Richards Street
1BD
2BA
1 Parking
952 sqft
Maint. Fee $594
MLS#: R3083789
Engel & Volkers Vancouver
74 days

About 505 - 388 Drake Street

505 - 388 Drake Street is a Vancouver condo for sale. 505 - 388 Drake Street has an asking price of $1048000, and has been on the market since April 2026. This 1056 sqft condo has 2 beds and 2 bathrooms. 505 - 388 Drake Street, Vancouver is situated in Yaletown, with nearby neighbourhoods in False Creek, Downtown, Davie Village and Fairview.

388 Drake St, Vancouver is a short walk from Matchstick Yaletown for that morning caffeine fix and if you're not in the mood to cook, Ki-ISU Japanese Restaurant, Panago Pizza and Rodney's Oyster Hse-Vancouver are near this condo. Groceries can be found at Dodi Market which is only steps away and you'll find Homer Dental Centre a short walk as well. Entertainment around 388 Drake St, Vancouver is easy to come by, with Vancity Theatre, Vogue Theatre and Cinematheque a 5-minute walk. Love being outside? Look no further than David Lam Park and Roundhouse Turntable Plaza Park, which are both only steps away.

If you are reliant on transit, don't fear, 388 Drake St, Vancouver has a public transit Bus Stop (Westbound Pacific Blvd @ Drake St) only steps away. It also has route Main St Station/english Bay close by.

mls reciprocity

Disclaimer: 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. MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association.