206 950 Drake Street — Vancouver West


$ 399,000 FOR SALE MLS# R3162340
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A smart downtown option at Anchor Point! Offering 573 sq. ft. of interior space, this 1-bedroom home features an efficient floor plan with a private balcony and excellent everyday functionality. Set in a concrete building at Drake & Burrard, residents enjoy access to a rooftop deck, landscaped courtyard and gardens, lounge/recreation space, bike room, and shared laundry. 1 storage included, plus underground parking available through strata for just $40/month. From here, the seawall, transit, shopping, dining and recreation are all within easy reach, giving you convenient access to both the downtown core and Vancouver’s waterfront. An accessible entry point into downtown ownership with space, location and practical amenities all in one.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms1
Bathrooms1
Living Area573 sqft
Property TypeResidential – Apartment/Condo
MLS® R3162340
StatusActive
Listing BrokerRE/MAX Select Realty

Property History

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

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Market Overview

Downtown VW · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos444
Median Asking Price $ 726,500 $ 399,000
Median Price per SqFt $1,017 $696
Median Days on Market 55
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 30 ▼25.0% 37 40
Median Selling Price $ 627,500 ▼8.9% $ 688,000 $ 688,500
Median Price per SqFt $938 ▼9.4% $965 $1,035
Median Days on Market 261831
Median Discount Off Ask 4.8%4.5%3.8%
New Listings 12610953
Months of Inventory 10.3

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.