802 388 DRAKE STREET
Vancouver, BC V6B6A8
$1,195,000
Amenities
Also listed: Recreation Centre, Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $986/mo
- Annual property tax
- $4,464.97 (2026)
Interior
- Heating
- Baseboard heaters, Electric
- Fireplace
- None
- Appliances
- All
Exterior & Lot
- Pool
- Indoor pool
Building
- Parcel ID (PID)
- 019-049-633
Parking
- Total spaces
- 2 — uncovered indicated
- Features
- Underground, Visitor Parking
Restrictions & Policies
- Pets
- Allowed, Allowed with restrictions
- Rentals
- Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3156151
- Listed
- August 18, 2026
- Time on market
- On the market for 13 days
- Tax assessment year
- 2026
- Data last synced
- August 31, 2026
Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.
Description
Waterfront views at Governor's Tower, an iconic signature residence by Concord Pacific in the heart of Yaletown. This spacious home offers 1,210 square ft plus a rare balcony - one of the few in the building. False Creek water and David Lam Park views from the living room, office and balcony. Inside: 2 bedrooms, 2 baths, and two separate flex rooms - a generously sized den plus a dedicated office - genuine versatility for guests or working from home, with an open layout and abundant natural light. 2 parking and 1 storage locker included. Amenities include concierge, newly renovated indoor pool, hot tub, sauna, gym, and garden courtyard, insuite laundary.Steps to the Seawall,Elsie Roy Elementary, Roundhouse Community Arts, Canada line. OPEN HOUSE SUNDAY 2 PM - 4 PM (id:63159)
Values & Trends
This listing
$987/sqft
Building average
$1,017/sqft
5 active listing(s)
Vancouver average
$1,094/sqft
2087 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Apartment Market Stats — Vancouver
Monthly figures from the Fraser Valley Real Estate Board for Vancouver apartmentlistings — not specific to this property.
MLS® HPI Benchmark Price
$729,200
Jul 2026
Average Sale Price
$892,419
Jul 2026
Monthly Sales
342
Jul 2026
Active Listings
2,222
Jul 2026
Sales-to-Active Ratio
15.0%
Jul 2026
Median Days to Contract
25 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
17°C
Clear
Humidity 100%
Wind WNW 13 km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
662,248
(2021 Census)
+4.9% since 2016
Density: 5,749.7/km²
Dwellings: 328,347
Median household income: $82,000
After-tax: $72,000
Immigrant population: 42.2%
Top countries of origin (% of total population)
- China9.6% · 63,270
- Philippines4.5% · 29,925
- Hong Kong3.8% · 25,485
- India2.2% · 14,640
- United Kingdom1.9% · 12,895
- Viet Nam1.8% · 12,115
- Taiwan1.5% · 9,865
- United States of America1.5% · 9,790
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
74
7/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Elsie Roy Elementary | Elementary | 233 m |
| Claren Academy(Independent) | Elementary | 416 m |
| Anchor Point Montessori(Independent) | Elementary | 578 m |
| False Creek Elementary | Elementary | 733 m |
| Pattison High School(Independent) | Secondary | 806 m |
| Lowell High School(Independent) | Secondary | 935 m |
| Canada Royal Arts High School(Independent) | Secondary | 1.1 km |
| Columbia Academy(Independent) | Secondary | 1.2 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Eastbound Pacific St @ Richards St | — | 174 m |
| Westbound Pacific St @ Richards St | — | 211 m |
| Yaletown-Roundhouse Station @ Bay 3 | — | 220 m |
| Yaletown-Roundhouse Station @ Bay 1 | — | 224 m |
| Yaletown-Roundhouse Station @ Platform 2 | — | 225 m |
Nearby Places
Restaurants (5+)
- Alchemy · 1269 Hamilton Street100 m
- Ki Isu Japanese Restaurant · 1275 Pacific Boulevard106 m
- G3 Kitchen and Bar · 496 Drake Street113 m
- Tasty Indian Bistro · 1261 Hamilton Street116 m
- Pho Quynh Express · 1263 Pacific Street125 m
Cafes (5+)
- Octave Cafe129 m
- Matchstick · 1328 Richards Street129 m
- Cha Yuan · 1223 Pacific Boulevard189 m
- JJ Bean · 402 Davie Street208 m
- Faubourg Paris · 302 Davie Street209 m
Grocery (5+)
- Farm to Table · 1312 Richards Street130 m
- Choices Market · 1202 Richards Street242 m
- Urban Fare · 177 Davie Street330 m
- Fresh Street Market · 1423 Continental Street452 m
- Sashimiya · 1348 Hornby Street531 m
Parks (5+)
- Unnamed129 m
- David Lam Park · 1300 Pacific Boulevard184 m
- Unnamed247 m
- George Wainborn Park344 m
- Emery Barnes Park346 m
Gyms (5+)
- Everyday Athletes · 1271 Homer Street124 m
- Club Viva · 428 Pacific Street148 m
- Oxygen Yoga & Fitness · 1128 Mainland Street323 m
- Pure Barre · 1128 Homer Street324 m
- Barre Fitness · 1038 Mainland Street445 m
Pharmacies (5+)
- The Pharmacy Yaletown · 1251 Pacific Street155 m
- Shoppers Drug Mart · 1295 Seymour Street269 m
- Yale I.D.A. Pharmacy · 1284 Granville Street339 m
- Granville Pharmacy · 1146 Granville Street445 m
- London Drugs · 1431 Continental Street446 m
Banks & ATMs (5+)
- Coinsite Bitcoin ATM · 216 Davie Street220 m
- RBC · 1196 Pacific Boulevard287 m
- RBC · 1196 Pacific Boulevard303 m
- Coast Capital Savings · 120 Davie Street313 m
- Bitcoin ATM Coinsite · 1168 Pacific Boulevard338 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
Other Listings in This Building
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2101 388 DRAKE STREET, Vancouver
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105 388 DRAKE STREET, Vancouver
$797/mo maintenance
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203 388 DRAKE STREET, Vancouver
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Financial Ledger
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Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.