Apr 12, 2026
02:00 PM
-
04:00 PM
PDT
505 388 Drake Street
Vancouver
V6B 6A8
$1,048,000
Residential
beds: 2
baths: 2.0
1,056 sq. ft.
built: 1995
Open House
-
Apr 12, 2026
02:00 PM
-
04:00 PM
PDT
NOTES: Open House on Sunday, April 12, 2026 2:00PM - 4:00PM
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- R3108977
- Bedrooms:
- 2
- Bathrooms:
- 2
- Year Built:
- 1995
- Photos (38)
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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. Floor-to-ceiling windows throughout. 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 underground parking stall and storage locker included. Steps to the seawall, David Lam Park, Canada Line and Yaletown's best dining and shopping.
- Property Type:
- Residential
- Dwelling Type:
- Apartment/Condo
- Ownership:
- Freehold Strata
- Common Interest:
- Condominium
- Manufactured Type:
- Signup
- Year built:
- 1995 (Age: 31)
- Living Area:
- 1,056 sq. ft.
- Floor Area - Unfinished:
- Signup
- Floor Area - Detached 2nd Residence:
- Signup
- Building Area - Total:
- 1,056 sq. ft.
- Rainscreen:
- Signup
- Bedrooms:
- 2 (Above Grd: 2)
- Bathrooms:
- 2.0 (Full:2/Half:0)
- Kitchens:
- Signup
- Rooms:
- Signup
- Num Storeys:
- 32
- Taxes:
- $3,948.58 / 2025
- Exposure / Faces:
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- Rear Yard Exposure:
- Signup
- Outdoor Area:
- Garden, Balcony
- Pad Rental:
- Signup
- # or % of Rentals Allowed:
- Signup
- Water Supply:
- Signup
- Plan:
- LMS1725
- Name of Complex/Subdivision:
- Governor's Tower
- Construction Materials:
- Concrete, Concrete (Exterior), Glass (Exterior)
- Foundation:
- Signup
- Basement:
- Signup
- Full Height:
- Signup
- Crawl Height:
- Signup
- Roof:
- Signup
- No. Floor Levels:
- 1.0
- Floor Finish:
- Signup
- Floor Area Fin - Above Grade:
- Signup
- Floor Area Fin - Above Main:
- 0 sq. ft.
- Floor Area Fin - Above Main 2:
- 0 sq. ft.
- Floor Area Fin - Main:
- 1,056 sq. ft.
- Floor Area Fin - Below Main:
- Signup
- Floor Area Fin - Below Grade:
- Signup
- Floor Area Fin - Basement:
- Signup
- Floor Area Fin - Total:
- 1,056 sq. ft.
- Heating:
- Signup
- Parking Features:
- Underground, Guest, Front Access
- Parking:
- Underground, Guest
- # Of Parking Spaces - Total:
- Signup
- # Of Covered Spaces:
- Signup
- Parking Total/Covered:
- 1 / 1
- Pool Features:
- Indoor
- Spa Features:
- Swirlpool/Hot Tub
- Flood Plain:
- Signup
- Suite:
- Signup
- Minimum 3 months
- Elevator, Storage
- Garden, Playground, Balcony
- Indoor Pool, Garden, Playground, Laundry In Unit, Exercise Centre, Sauna/Steam Room, Recreation Facilities, Swirlpool/Hot Tub, Elevator, Storage
- David Lam Park, False Creek
- Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
- 2
- Swirlpool/Hot Tub
- Indoor Pool, Laundry In Unit, Exercise Centre, Sauna/Steam Room, Swirlpool/Hot Tub, Elevator, Storage
- In Unit
- Floor
- Type
- Size
- Other
- Council Approval:
- Signup
- Income Per Annum:
- Signup
- Oper. Expenses:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- $860.03
- Age Restrictions:
- No
- By-Law Restrictions:
- Pets Allowed With Restrictions
- Dist to Public Trans:
- Signup
- Dist to School Bus:
- Signup
- Property Disclosure:
- Signup
- Fixtures Leased:
- Signup
- Fixtures Removed:
- Signup
- Common Walls:
- Corner Unit
- Pets Allowed:
- Yes With Restrictions
- # Units in Development:
- 237
- Home Owners Association:
- Yes
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Listed by Royal Pacific Lions Gate Realty Ltd.
Data was last updated April 9, 2026 at 08:40 PM (UTC)
Area Statistics
- Listings on market:
- 251
- Avg list price:
- $1,048,000
- Min list price:
- $74,900
- Max list price:
- $7,498,000
- Avg days on market:
- 44
- Min days on market:
- 1
- Max days on market:
- 611
- Avg price per sq.ft.:
- $1,145.68
These statistics are generated based on the current listing's property type
and located in
Yaletown. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.