Quick Summary

Location: 505 388 DRAKE STREET, Vancouver, British Columbia V6B6A8
Price: $1,048,000 CAD
Status:: For Sale
Property Type:: Single Family
Area:: 1056 sqft
Bedrooms:: 2
Bathrooms:: 2
Year of Construction:: 1995
Open House:: 12/04/2026 02:00:00 PM to
12/04/2026 04:00:00 PM

MLS®#R3108977

Property Description

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 Creek. West-facing kitchen and covered balcony frame sunset views over the water, perfect for enjoying year-round fresh air. Floor-to-ceiling windows in every main room ensure the views follow you throughout the home. 2 bedrooms, 2 full bathrooms, 1,056 sq ft. Building fully rain-screened (2010) and re-piped (2018). Amenities include 24hr concierge, indoor pool, hot tub, sauna and gym. One secure underground parking stall and storage locker included. Steps to the seawall, David Lam Park, Canada Line and Yaletown's best dining and shopping. A truly unique position in the building that is rarely available. (id:32467)

Property Features

Ammenities Near By

Ammenities Near By: Playground

Building

Amenities: Exercise Centre, Laundry - In Suite
Fireplace: No
Interior Size: 1056 sqft
Building Type: Apartment

Features

Feature: Elevator

Maintenance Fee

Maintenance Fee: 839.00

Ownership

Type: Strata

Information entered by Royal Pacific Lions Gate Realty Ltd.
Listing information last updated on: 2026-04-09 01:59:40

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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings^†

$500,000

^† Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

Are your listings on MLS® and realtor.ca?

Yes, and yes.

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505 388 DRAKE STREET, Vancouver

Quick Summary

MLS®#R3108977

Property Description