$1,198,800

705 388 DRAKE ST

Vancouver BC V6B 6A8 - Yaletown
2 bd
2 ba
1,206 sqft
Built 1995

About This Property

Located in vibrant Yaletown at prestigious Governors Tower, this bright southeast-facing 2-bedroom, 2-bathroom home features a versatile den, functional layout, abundant natural light, and captivating views of David Lam Park and False Creek. Enjoy a huge in-suite storage room rarely found in the building. The well-maintained building offers upgraded…

Vinod Bashir
Vinod BashirPersonal Real Estate Corp

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Features

Garden
Playground
No Outdoor Area
Garage Under Building

Property Details

MLS NumberR3164597
Property TypeApartment/Condo
Bedrooms2
Bathrooms2
Square Feet1,206
Year Built1995
Parking Spaces1
HeatingBaseboard, Hot Water
Strata Fee$978.38/mo
Days on Market23
StatusActive
Listed ByRennie & Associates Realty Ltd.

School Catchment

Elementary Elsie Roy
Secondary King George

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,300,000Median home value
$98,000Median household income
53.9%Owner-occupied
0%Single-detached homes
2Avg household size
46Median age
62.6%Bachelor's degree or higher (25-64)
65.9%Commute under 30 min
50.8%Drive to work
44.5%Foreign-born residents
7,131Neighbourhood population

Age

Under 15: 10.9%15 to 64: 67.6%65 and over: 21.5%
  • Under 1510.9%
  • 15 to 6467.6%
  • 65 and over21.5%

Household size

  • 1 person39%
  • 238.7%
  • 312%
  • 48.5%
  • 5 or more1.8%

Language spoken at home

51% English mother tongue

  • Cantonese5.8%
  • Mandarin5.6%
  • Farsi4.7%
  • English + other4%
  • Spanish2.4%
  • Russian2.4%
  • All others24.1%

Mother tongue, share of 7,005 residents.

How this pocket differs

  • more 4-person households than Yaletown 8.5% vs 6.1%
  • fewer Farsi speakers than Yaletown 4.7% vs 6.1%
  • Median dwelling value is higher than Metro Vancouver $1,300,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $7,010
Mortgage payment$5,627
Strata fee$978
Property tax$345
Home insurance$60
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Oct 6

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