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$1,028,000

505 388 DRAKE STREET

Vancouver BC V6B 6A8 - Yaletown

2 bd

2 ba

1,056 sqft

Built 1995

About This Property

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…

Features

Elevator

Storage

Garden

Playground

Balcony

Underground

Guest

Front Access

Room measurements5 rooms▸

Living RoomMain · 15'4 × 15'9

Dining RoomMain · 10'5 × 12'7

KitchenMain · 8'0 × 8'1

Primary BedroomMain · 10'10 × 13'0

BedroomMain · 8'7 × 10'4

Property Details

MLS NumberR3136796

Property TypeApartment/Condo

Bedrooms2

Bathrooms2

Square Feet1,056

Year Built1995

Parking Spaces1

HeatingBaseboard, Hot Water

Strata Fee$860.03/mo

Days on Market69

StatusActive

Listed ByRoyal Pacific Lions Gate 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 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.