802 388 Drake St, Vancouver, BC, MLS® R2988787

$1,499,999
Est. Mortgage /mo

$1,499,999
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 928.95 Maint. Fee
1211 sqft
1994 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

802 388 Drake St, Vancouver, BC | MLS® R2988787 Property Details

UNOBSTRUCTED WATER & PARK VIEWS!!! Unique & Rarely available '02' floor plan. Designer suite @ Governor's Tower features floor to ceiling windows, w/ panoramic views of False Creek & David Lam Park. Huge living/entertainment area, 2 spacious bedrooms + solarium + XL insuite storage. South facing & only unit on the floor w/ a huge 106sq ft wrap-around balcony. Building includes 24/7 concierge, newly reno'd pool/spa/sauna, & full gym. 2x parking spots & 1x locker. (Please note that some of the interior photos are virtually staged.)

General Info

Price $1,499,999
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1211
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1994
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2988787
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Gross Taxes $4,387.92
Ownership Type Freehold Strata
Maintenance Fee $928.95
Amenities Nearby Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Hot Water

Utilities

Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground
Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter
Locker 1
View 1
View Description UNOBSTRUCTED WATER & PARK VIEW
Units In Development 237
Exterior Features Garden, Playground, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: 1NE Collective Realty Inc.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
King George Secondary School
2 km
No Rating
Elementary
Elsie Roy Elementary School
Average
0.21 km
Rating 6.1/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Anchor Point Montessori
0.58 km
No Rating
Secondary
Pattison School
0.8 km
No Rating

Closest Transit

Translink
Westbound Pacific Blvd @ Drake St
0.03 km

Welcome to 802 388 Drake Street, a charming residence located in the heart of Vancouver, BC. As we explore this incredible property, I'd like to share with you the unique features and benefits that make it a standout in the neighborhood.

Education

We're proud to say that this home is serviced by Elsie Roy Elementary School, a highly-rated institution with a 6.1/10 rating. Located just 0.21 km away, this school provides a safe and nurturing environment for your children to thrive. Additionally, King George Secondary School, with a rating of No Rating, is also nearby, offering a range of educational options for families.

As a trusted realtor, I've seen firsthand how families love this area because of its excellent schools. In fact, this neighborhood is home to some of the best schools in the region, making it an ideal choice for families with children.

Safety

When it comes to safety, I'm pleased to report that this neighborhood has a relatively low crime rate. According to Statistics Canada's 2020 report, there were 52,217 disturbances in this area, with a crime rate of 7,470.82 per 100,000 population. This is considered Average compared to other Canadian cities. Moreover, the year-over-year change in the total crime rate is a positive -14.94%.

As a local realtor, I can assure you that safety is a top priority for families and individuals alike. This neighborhood's low crime rate provides peace of mind and a sense of security that's hard to find in urban areas.

Demographics

This neighborhood is a vibrant and diverse community, with 57% of residents holding a university certificate or degree. This is High compared to other BC neighborhoods. Additionally, the median household income is $88,789, which is Above Average in comparison to the British Columbia average.

As a realtor, I've seen how demographics can impact the lifestyle and amenities available in a neighborhood. In this case, the high level of education and income suggests a community that values knowledge and economic stability.

Transit

Convenience is key when it comes to transportation, and this neighborhood delivers. The closest bus station, Westbound Pacific Blvd @ Drake St, is just 0.03 km away from this property with MLS® R2988787. Whether you're a commuter or a local, this proximity to public transportation makes it easy to get around the city.

Lifestyle Amenities

This neighborhood is a haven for outdoor enthusiasts, with numerous parks, beaches, and trails within walking distance. For those who love shopping, the nearby Yaletown neighborhood offers a range of boutique stores and restaurants. And for families, the proximity to schools, parks, and community centers makes it an ideal place to raise children.

Real Estate Context

As we explore this property, it's worth noting that the average dwelling value in this neighborhood is $1,095,068, which is High compared to other areas in British Columbia. Additionally, the average owner payments are $1,964, while tenants pay an average of $1,910. This is High compared to other cities.

As a local realtor, I've seen the impact of demographics on the real estate market. In this case, the high dwelling value and owner payments suggest a neighborhood that's in high demand.

Community

This neighborhood is a tight-knit community, with 48.4% of families having children. While this is Below Average compared to other BC cities, the neighborhood's proximity to schools and community centers makes it an attractive choice for families. Additionally, the average age of the population is 43.8, which is Above Average in comparison to other BC cities.

As a realtor, I've seen the importance of community in shaping the lifestyle and amenities available in a neighborhood. In this case, the neighborhood's mix of family-friendly amenities and diverse demographics makes it an attractive choice for a wide range of individuals.

Accessibility

This property is well-connected to the rest of the city, with 22.8% of the population using public transportation. This is Above Average compared to other BC cities. Additionally, 45.1% of the population uses cars, which is Low compared to other cities.

As a local realtor, I've seen the impact of accessibility on the lifestyle and amenities available in a neighborhood. In this case, the proximity to public transportation and the low percentage of car usage suggest a neighborhood that's well-connected and environmentally friendly.

Language

This neighborhood is a melting pot of cultures, with 86.4% of residents speaking only English. This is Below Average compared to other BC cities. However, 10.7% of residents speak both English and French, which is Above Average.

As a realtor, I've seen the importance of language in shaping the community and amenities available in a neighborhood. In

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,499,999
Vancouver $1,087,701
Yaletown $1,244,773
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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