505 789 Drake Street — Vancouver West


$ 2,300 FOR RENT MLS# R3177138
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Located at the corner of Drake and Howe Streets, Century Tower offers convenient downtown living just steps from Yaletown's vibrant restaurants, cafés, shopping, and entertainment. This spacious 620 sqft, 1 bed, 1 bath home features engineered hardwood flooring throughout, a generous private patio of over 140 sqft, and a functional layout with plenty of storage. The kitchen offers granite countertops and full size stainless steel appliances, while the bedroom includes a walk in closet, plus two additional closets throughout the home. Minimum 1 year lease required. parking available for rent ($60/monyh). No pets permitted, utilities are not included. Shared laundry in the building with a reloadable card system. Property is unfurnished, photos are staged.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Rental listing. For viewings or applications, contact the listing brokerage, Oakwyn Realty Ltd.

Bedrooms1
Bathrooms1
Living Area620 sqft
Property TypeResidential Lease – Apartment/Condo
MLS® R3177138
StatusActive
Price Change↓ Price Reduced
Listing BrokerOakwyn Realty Ltd.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change

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This is a rental. For viewings or applications, contact Oakwyn Realty Ltd directly. We're a sales team and can't arrange rental showings.

Market Overview

Downtown VW · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos436
Median Asking Price $ 748,000 $ 2,300
Median Price per SqFt $1,003 $4
Median Days on Market 56
Sold Properties Nov 2026Oct 2026Nov 2025
Condos 12 ▼76.5% 42 51
Median Selling Price $ 625,250 ▼1.5% $ 552,500 $ 635,000
Median Price per SqFt $978 ▼1.9% $930 $997
Median Days on Market 192928
Median Discount Off Ask 3.8%4.9%3.5%
New Listings 5110036
Months of Inventory 10.2

At the current sales pace, it would take about 10 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Downtown VW: Number of Sales

Downtown VW: Median Sold Price

Downtown VW: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Downtown VW. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.