701 289 Drake Street — Vancouver West


$ 1,350,000 FOR SALE MLS# R3156767
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This 1,438 sq ft two-level residence offers tasteful updates and a rarely available city-home layout in the heart of Yaletown. Just steps from the seawall, David Lam Park, the Canada Line, Urban Fare, and much more shopping and dining. Amenities include an indoor pool, hot tub, sauna, fitness centre, and rooftop garden. Parking and locker included. Tenant moving out Oct 1, 2026
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms3
Living Area1,438 sqft
Property TypeResidential – Apartment/Condo
MLS® R3156767
StatusActive
Listing BrokerOakwyn Realty Ltd.

Property History

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

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Market Overview

Yaletown · Vancouver West · Condos

Active PropertiesAll ActiveThis Property
Condos262
Median Asking Price $ 1,010,000 $ 1,350,000
Median Price per SqFt $1,119 $939
Median Days on Market 64
Sold Properties Sep 2026Aug 2026Sep 2025
Condos 3 ▼91.9% 31 37
Median Selling Price $ 1,065,000 ▲18.3% $ 965,000 $ 900,000
Median Price per SqFt $960 ▼10.5% $1,083 $1,073
Median Days on Market 271742
Median Discount Off Ask 3.5%4.0%4.7%
New Listings 116155
Months of Inventory 7.8

At the current sales pace, it would take about 8 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

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.