$849,000

507 388 DRAKE STREET

Vancouver BC V6B 6A8 - Yaletown
2 bd
2 ba
832 sqft
Built 1994

About This Property

YALETOWN LIVING AT ITS FINEST! Welcome to this bright and beautifully maintained residence located in the heart of one of Vancouver West’s most desirable communities. Featuring brand new flooring and fresh paint throughout, this turn-key home offers an exceptional urban lifestyle with an efficient, functional layout designed to maximize space and natural…

Features

Elevator
No Outdoor Area
Garage Under Building
Guest
Side Access
Shopping Nearby
Room measurements7 rooms
KitchenMain · 7'9 × 8'1
Dining RoomMain · 8'9 × 15'4
Living RoomMain · 8'9 × 15'4
BedroomMain · 7'11 × 12'7
BedroomMain · 11'5 × 12'4
FoyerMain · 5'1 × 4'2
StorageMain · 4'1 × 6'4

Property Details

MLS NumberR3134359
Property TypeApartment/Condo
Bedrooms2
Bathrooms2
Square Feet832
Year Built1994
Parking Spaces1
HeatingBaseboard, Radiant
Strata Fee$662.78/mo
Days on Market73
StatusActive
Listed ByRE/MAX Crest Realty

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.

Thinking of selling in Yaletown?

See what your home could be worth and how the local market is moving.

Monthly Cost Calculator

Estimated monthly cost $4,818
Mortgage payment$3,877
Strata fee$663
Property tax$227
Home insurance$50
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 Aug 17

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