1801 289 Drake Street — Vancouver West


$ 5,200 FOR RENT MLS# R3107068
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Completely renovated 3 Bedroom 2 bathroom condo in Yaletown! This property boasts a breathtaking unobstructed view of False Creek, an airy and open living space, with floor-to-ceiling windows that allow you to take in the stunning view. The kitchen is completely renovated with sleek cabinets, modern design & large island making it easy to prepare meals at home. The property is centrally located in the heart of Yaletown and offers top-notch amenities, including indoor pool, hot tub, sauna, gym and courtyard garden. The building is across from the David Lam park, steps away from the Skytrain, Seawall, Roundhouse Community Center, Dining options, shopping, supermarket and all of Yaletown's conveniences. The building also does not allow pets.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms3
Bathrooms2
Living Area1,209 sqft
Property TypeResidential Lease – Apartment/Condo
MLS® R3107068
StatusActive
Listing BrokereXp Realty

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
1 event on record for this property

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Market Overview

Yaletown · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos218
Median Asking Price $ 1,024,500 $ 5,200
Median Price per SqFt $1,121 $4
Median Days on Market 56
Sold Properties Aug 2026Jul 2026Aug 2025
Condos 1 ▼96.9% 2 32
Median Selling Price $ 640,000 ▼39.3% $ 614,000 $ 1,055,000
Median Price per SqFt $961 ▼13.7% $1,050 $1,113
Median Days on Market 537334
Median Discount Off Ask 8.4%4.0%3.5%
New Listings 435911
Months of Inventory 14.9

At the current sales pace, it would take about 15 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.

Yaletown: Number of Sales

Yaletown: Median Sold Price

Yaletown: Median Sold Price per SqFt

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