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
51 days
 on site
$1,048,000
* This unit size is calculated from property.ca data
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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
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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
Open House Times
Saturday, May 30th
3:00pm - 4:30pm
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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
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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
$32,197
lower than listed price
i
High
$1,058,128
Mid
$1,015,803
Low
$962,103
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Included in Maintenance Fees

Water
Garbage Pickup
Gardening
Hot Water
Management
Recreation Facility
506 - 388 Drake Street
1/14
$1,149,000
427 days
506 - 388 Drake Street
2BD
2BA
1 Parking
1,043 sqft
Maint. Fee $829
MLS#: R2983282
Oakwyn Realty Ltd.
427 days
10A - 199 Drake Street
1/24
$989,000
91 days
10A - 199 Drake Street
2BD
2BA
1 Parking
951 sqft
Maint. Fee $750
MLS#: R3094374
RE/MAX Crest Realty
91 days
2108 - 1372 Seymour Street
1/19
$1,099,900
29 days
2108 - 1372 Seymour Street
2BD
2BA
1 Parking
960 sqft
Maint. Fee $594
MLS#: R3118159
Nu Stream Realty Inc.
29 days
1001 - 1155 Homer Street
1/38
$1,150,000
88 days
1001 - 1155 Homer Street
2BD
2BA
1 Parking
1,106 sqft
Maint. Fee $646
MLS#: R3094678
Macdonald Realty Westmar
88 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 distance away 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 distance away as well. Entertainment around 388 Drake St, Vancouver is easy to come by, with Vancity Theatre, Vogue Theatre and Cinematheque a 5-minute walk. 388 Drake St, Vancouver is a short distance away from great parks like David Lam Park and Roundhouse Turntable Plaza Park.

Living in this Yaletown condo is easy. There is also Westbound Pacific Blvd @ Drake St Bus Stop, only steps away, with route Main St Station/english Bay nearby.

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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.