3f 199 Drake Street — Vancouver West


$ 950,000 FOR SALE MLS# R3143001
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Immaculate 2-bedroom, 2-bath southeast corner unit, a spacious layout & an oversized den—perfect as a third bedroom or home office. Features incl. in-suite storage, balcony ideal for BBQs, upgrades: engineered hardwood floors, stainless steel appliances, California shutters, and Brand new air conditioning in both bedrooms. The building is well cared for, with many upgrades. Monthly fees cover heat, hot water, a full-time caretaker, and access to great amenities incl. a gym, indoor pool, hot tub. Unbeatable Yaletown location directly across from David Lam Park—steps to shops, best restaurants. Stroll or bike along the seawall, hop on the ferry to Granville Island, or Canada Line for quick airport access. Pets: Municipal bylaws: 3 dogs allowed! Open House: Saturday July 11th 2-4pm
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms2
Bathrooms2
Living Area1,036 sqft
Property TypeResidential – Apartment/Condo
MLS® R3143001
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
2 events 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 $ 950,000
Median Price per SqFt $1,121 $917
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.