Vancouver · V6B 6A8
$5,205/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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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.
Buy / sell history for Unit 505 – 388 Drake Street, Vancouver (Apartment/Condo)
2
Beds
1,056 ft²
Floor area
1995
Year built
Apartment/Condo
Type
Vancouver West
Area
Estimate
Unit 505 – 388 Drake Street, Vancouver (Apartment/Condo)
Estimated value
?Estimated rent
?Rental yield
?School
iGrowth
iRental
iA few details are member-only
Room-by-room dimensions, the level-by-level area split, construction & systems, zoning, PID and legal. Free to reveal with an account.
Space & layout
Finished area
1,056ft²
Level-by-level split
MemberRoom by room
Main floor
Living Room
Kitchen
Dining Room
Primary Bedroom
Basement
Bedroom
Recreation Room
Construction & systems
Construction
Foundation
Roof
Flooring
Water
Sewer
Utilities
Lot, zoning & legal
Zoning
Legal description
Nearby & Commute
2 min
walk to Farm to Table
1 min
bike to Yaletown–Roundhouse
3 min
walk to Yaletown–Roundhouse
3 min
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Condo / Apartment · 84%
| Condo / Apartment | 1,333 | 83.8% |
| Townhouse | 124 | 7.8% |
| Detached | 79 | 5.0% |
| Half-duplex | 18 | 1.1% |
| Duplex | 16 | 1.0% |
| Other | 20 | 1.3% |
| Under $5,000 | 15 | 3.7% |
| $5,000 to $9,999 | 5 | 1.2% |
| $10,000 to $14,999 | 5 | 1.2% |
| $15,000 to $19,999 | 10 | 2.5% |
| $20,000 to $24,999 | 40 | 9.9% |
| $25,000 to $29,999 | 20 | 4.9% |
| $30,000 to $34,999 | 20 | 4.9% |
| $35,000 to $39,999 | 15 | 3.7% |
| $40,000 to $44,999 | 10 | 2.5% |
| $45,000 to $49,999 | 10 | 2.5% |
| $50,000 to $59,999 | 30 | 7.4% |
| $60,000 to $69,999 | 20 | 4.9% |
| $70,000 to $79,999 | 25 | 6.2% |
| $80,000 to $89,999 | 15 | 3.7% |
| $90,000 to $99,999 | 20 | 4.9% |
| $100,000 to $124,999 | 35 | 8.6% |
| $125,000 to $149,999 | 15 | 3.7% |
| $150,000 to $199,999 | 35 | 8.6% |
| $200,000 and over | 60 | 14.8% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$5,205
Principal and interest
Calculated estimate
$4,755
Property tax
Calculated estimate
$300/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,028,000
Down payment
Calculated estimate
$205,600 (20%)
Estimated mortgage
Calculated estimate
$822,400
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Original list price
$1,079,400
Mortgage estimate
Metro averages
Est. monthly total
$5,205
/mo
Rate
%
Amortization
Principal and interest
$4,755
Property tax (est.)
$300
P&I
Tax
Down payment
$205,600 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $205,600 down (20%) on $1,028,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Daily mean across the year.
On the drier side for BC.
Snow is the exception here.
Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
At 3.1154 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
