505 - 388 Drake Street, Vancouver

Yaletown, Central, Vancouver

505 - 388 Drake Street
505 - 388 Drake Street
505 - 388 Drake Street
+36
2
 bed
2
 bath
1
 parking
1056
 sqft
Condo Apt
* This unit size is calculated from property.ca data
$1,028,000
For Sale
45 days
 on site
$1,028,000
* This unit size is calculated from property.ca data
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Maintenance fees
$860.03
Locker
Owned
Exposure
-
Possession
-
Price per sqft
$973
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®#: R3136796
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:
Jun 16, 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
$26,046
lower than listed price
i
High
$1,043,701
Mid
$1,001,954
Low
$948,985
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Included in Maintenance Fees

Water
Garbage Pickup
Gardening
Hot Water
Management
Recreation Facility
B408 - 1331 Homer Street
1/39
$949,000
16 days
B408 - 1331 Homer Street
2BD
2BA
1 Parking
1,046 sqft
Maint. Fee $666
MLS#: R3146496
Royal Pacific Realty Corp.
16 days
3F - 199 Drake Street
1/31
$950,000
25 days
3F - 199 Drake Street
2BD
2BA
1 Parking
1,036 sqft
Maint. Fee $829
MLS#: R3143001
Oakwyn Realty Ltd.
25 days
10A - 199 Drake Street
1/24
$989,000
154 days
10A - 199 Drake Street
2BD
2BA
1 Parking
951 sqft
Maint. Fee $750
MLS#: R3094374
RE/MAX Crest Realty
154 days
608 - 1238 Richards Street
1/40
$1,098,000
16 days
608 - 1238 Richards Street
1BD
1BA
1 Parking
947 sqft
Maint. Fee $605
MLS#: R3146521
RE/MAX Crest Realty
16 days

About 505 - 388 Drake Street

505 - 388 Drake Street is a Vancouver condo for sale. It was listed at $1028000 in June 2026 and has 2 beds and 2 bathrooms. Situated in Vancouver's Yaletown neighbourhood, False Creek, Downtown, Davie Village and Fairview are nearby neighbourhoods.

Some good places to grab a bite are Ki-ISU Japanese Restaurant, Panago Pizza or Rodney's Oyster Hse-Vancouver. Venture a little further for a meal at one of Yaletown neighbourhood's restaurants. If you love coffee, you're not too far from Matchstick Yaletown located at 1328 Richards St. 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. Love being outside? Look no further than Park and David Lam Park, which are both only steps away.

Transit riders take note, 388 Drake St, Vancouver is only steps away to the closest public transit Bus Stop (Westbound Pacific Blvd @ Drake St) with route Main St Station/english Bay.

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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.