For Sale · Vancouver · Single Family

$849,000

507 388 DRAKE STREET, Vancouver

Beds

Baths

832

Sq Ft

1994

Built

About This Home

The details.

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 light. Steps away from the iconic seawall, world-class dining, boutique shopping, and the Yaletown-Roundhouse Skytrain station, convenience is truly at your doorstep. Perfect for urban professionals, first-time buyers, or savvy investors looking for a prime property in a highly sought-after concrete building. Move right in and enjoy! Open House : SAT.(6/13) & SUN(6/14) 2-4PM (id:66635)

Summarizing the highlights...

MLS® R3134359Listing courtesy of RE/MAX Crest RealtySee all units in this building View on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Strata
Year built: 1994
Size: 832 sqft
Parking: 1 space
Strata fee: $663 / monthly
MLS number: R3134359
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$3,971

$679,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$3,971

Cash flow

-$3,971

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Vancouver right now

1,572

Active listings

1,678

New this week

$925,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Vancouver.

Household and demographic stats for Vancouver, from the Statistics Canada 2021 Census.

662,248
Population (2021): 39.6
Median age: 305,335
Households: 2.1
Avg household size: 45.5%
Home ownership: $82,000
Median household income

Vancouver neighbourhood guide Full census profile Vancouver market trends

Source: Statistics Canada 2021 Census, Vancouver, City (CY).

Public Records

What the city has on file.

Independent reference data for this property from the City of Vancouver assessment roll (2026 assessment).

1995
Year built (city records): $1,574,000
Assessed land value: $740,000
Assessed improvements: $2,314,000
Total assessed value: CD-1 (266)
Zoning district: Strata
Ownership class

Assessed values are the municipal tax assessment, not a market appraisal. Contains information licensed under the Open Government Licence, City of Vancouver.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.