1004 789 DRAKE STREET

Vancouver, British Columbia · Neighbourhood: Cambie
C$619,000

Local Decision Guide

How should buyers evaluate 1004 789 DRAKE STREET?

Start by reading this listing in its Vancouver Cambie context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Vancouver listings should separate R1-1, RS, RT, laneway house and multiplex rules during review. R1-1 is an important low-density housing reform signal, but heritage, trees, underground servicing, parking, corner-lot conditions and existing building condition can all change the practical outcome.

Vancouver R1-1 / RS / RT / laneway quick checklist
  • Confirm whether zoning is R1-1, RS, RT or another district.
  • Review laneway house, multiplex, heritage, tree, parking and servicing rules separately.
  • Do not rely on lot size alone; corner-lot conditions, underground servicing and existing building condition can affect the plan.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

For sale
1004 789 DRAKE STREET

Remarks

Welcome to Century Tower in the heart of Downtown Vancouver! This renovated 1 Bed + Den + 1 Bath suite is perfect for an investor or a first time home buyer! Upgrades include new kitchen countertops, sink, laminate hardwood flooring, lighting & fresh paint. Home offers wonderful views of the downtown cityscape! All major upgrades done in the building including fully rain screened exterior, new roof, windows, balcony doors, upgraded plumbing, elevators (fob access) & updated common areas. Rentals allowed. Sorry, no pets! Shared laundry on first floor. Ultra-convenient location, just steps to the Seawall, parks, restaurants, cafes, boutique shops, groceries, transit & so much more! (id:56153)

Property Details

Apartment
Building Type
1
Bedrooms
1
Bathrooms
1991
Year Built
35 years
Age
91
Days on Site
660 sqft
Interior Size
C$938
Price per Sqft

Complex Name: Century Tower

Transaction: For sale

Status: active

Listing ID: 28897174 (28897174)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$619,000

Interior Size: 660 sqft

Days on Site: 91 days

Added to BurnabyHouse: 2026-03-06

Updated on: 2026-03-06 11:16 PM PST

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Edith Cavell Elementary ELEMENTARY
Public · School District 39
500 20th Ave W, Vancouver, BC
Straight-line distance about 392.4 m
Eric Hamber Secondary SECONDARY
Public · School District 39
5025 Willow St, Vancouver, BC
Straight-line distance about 1.2 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Safeway
About 541.8 m away
990 West King Edward Avenue, Vancouver
Choice's Market
About 586.6 m away
3493 Cambie Street, Vancouver
Shopping Centres
King Edward Mall
About 507.2 m away
Plaza Cambie 15
About 993.7 m away
Parks / Green Space
Braemar Park
About 382.9 m away
Douglas Park
About 391.7 m away
Rapid Transit Stations
King Edward Stn
About 318.3 m away

Sold Area Stats

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Includes sold count, median sold price, and median days on market.

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Last Updated: 2025-12-06 20:58:06

Data Provider: Greater Vancouver REALTORS®

Listing Office: eXp Realty

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