Property Type: Condo / ApartmentOwnership: Strata

902 950 DRAKE STREET

Vancouver, BC V6Z2B9

$350,000

0 bed1 bath1 parking468 sqftBuilt 1977
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Amenities

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment
Frontage
0 feet

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$376/mo
Annual property tax
$1,364 (2025)

Interior

Heating
Baseboard heaters
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1

Restrictions & Policies

Pets
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3157967
Listed
August 21, 2026
Time on market
On the market for 10 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

This penthouse studio offers a fantastic layout with a spacious bathroom, generous closet space, and a covered north-facing balcony. It also includes a large external storage locker for added convenience. The location is unbeatable - just steps from cafes, restaurants, shops, and only a short walk to the seawall. The building features an impressive rooftop patio with garden plots, outdoor seating, and an indoor lounge/party room. Parking is available to rent for $40/month for the first stall and $60/month for a second. Perfect for first-time buyers or investors. Come take a look! (id:63159)

Values & Trends

This listing

$748/sqft

Building average

No other active listings in this building

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

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

$820,100
$729,200
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 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

70

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

SchoolTypeDistance
Anchor Point Montessori(Independent)Elementary77 m
Pattison High School(Independent)Secondary511 m
Claren Academy(Independent)Elementary656 m
Elsie Roy ElementaryElementary846 m
Lowell High School(Independent)Secondary1.1 km
Lord Roberts ElementaryElementary1.2 km
False Creek ElementaryElementary1.2 km
Columbia Academy(Independent)Secondary1.2 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

StopTypeDistance
Southbound Burrard St @ Harwood St54 m
Southbound Burrard St @ Burnaby St100 m
Northbound Burrard St @ Pacific St105 m
Southbound Burrard St @ Davie St149 m
Northbound Burrard St @ Davie St161 m

Nearby Places

Restaurants (5+)

  • Maxine's Cafe & Bar · 1325 Burrard Street63 m
  • Daikichi Sushi · 1346 Burrard Street64 m
  • Desi Indian Lounge · 1355 Hornby Street90 m
  • Giardino Restaurant · 1328 Hornby Street91 m
  • Osaka Sushi · 1361 Burrard Street96 m

Cafes (5+)

  • Number e Food · 1308 Burrard Street31 m
  • Yet's Cafe · 1312 Burrard Street40 m
  • Starbucks · 860 Drake Street90 m
  • Maple Leaf Delicatessen Coffe Shop · 1233 Burrard Street113 m
  • Caffe Mira · 1225 Burrard Street121 m

Grocery (5+)

  • Sashimiya · 1348 Hornby Street108 m
  • El Paisano · 931 Davie Street199 m
  • Fresh Street Market · 1423 Continental Street260 m
  • Mi Tierra Latina · 1104 Davie Street318 m
  • Farm to Table · 1312 Richards Street484 m

Parks (5+)

  • May & Lorne Brown Park299 m
  • Sunset Beach Park432 m
  • Emery Barnes Park480 m
  • Nelson Park575 m
  • George Wainborn Park584 m

Gyms (5+)

  • Fitness World · 1214 Howe Street232 m
  • Dynasty Gym/CrossFit Palace · 1449 Hornby Street242 m
  • Everyday Athletes · 1271 Homer Street547 m
  • Club Pilates · 941 Hornby Street606 m
  • Club Viva · 428 Pacific Street621 m

Pharmacies (5+)

  • Pure Integrative Pharmacy · 1285 Hornby Street78 m
  • Pharmasave · Burrard Street231 m
  • Yale I.D.A. Pharmacy · 1284 Granville Street290 m
  • London Drugs · 1431 Continental Street328 m
  • Shoppers Drug Mart · 1295 Seymour Street352 m

Banks & ATMs (5+)

  • Bitcoin ATM Localcoin · 1253 Burrard Street73 m
  • TD · 1200 Burrard Street136 m
  • Localcoin Bitcoin ATM · 813 Davie Street240 m
  • RBC Royal Bank · 1051 Davie Street259 m
  • Scotiabank · 1408 Continental Street282 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$280,000.00
Periodic payment — Principal & Interest (monthly)$1,806.46
Additional monthly expenses (strata, tax, utilities, etc.)$512.67
Total monthly cost$2,319.13
Interest paid over 5-yr term$80,248.80
Balance at end of term$251,860.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,500
Stress test qualifying rate8.09%
Payment you must qualify for$2,556.81

Cash Needed at Closing

Minimum down payment$17,500
Estimated BC PTT$5,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,000

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.

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