201 289 Drake Street — Vancouver West


$ 1,299,000 FOR SALE MLS# R3116041
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Refined townhouse living in the heart of Yaletown. This extensively renovated 1,354 sq ft two-level home with private patio offers rare square footage ideal for both relaxed everyday living and effortless entertaining. The chef's kitchen features custom cabinetry, premium Bosch appliances, quartz countertops, and a central island — all complemented by engineered hardwood floors and floor-to-ceiling windows that fill the space with natural light. Thoughtful details throughout include a designated home office, custom built-ins, and Kohler bathroom fixtures. Upstairs, the generous primary bedroom is complete with an ensuite, alongside a second bedroom, den, and full bath. Steps from Yaletown's best restaurants, boutiques, and the seawall. This one is not to be missed.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms2
Bathrooms3
Living Area1,355 sqft
Property TypeResidential – Townhouse
MLS® R3116041
StatusActive
Listing BrokerMacdonald 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 · Houses

Active PropertiesAll ActiveThis Property
Houses13
Median Asking Price $ 1,648,000 $ 1,299,000
Median Price per SqFt $1,286 $959
Median Days on Market 91
Sold Properties Aug 2026Jul 2026Aug 2025
Houses 0 0 0
Median Selling Price
Median Price per SqFt
Median Days on Market
Median Discount Off Ask
New Listings 220
Months of Inventory 15.6

At the current sales pace, it would take about 16 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.

Only a few homes have sold here recently, so this figure swings easily — read it as a rough guide, not a precise number.

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.