201 289 DRAKE STREET

Vancouver, British Columbia · Neighbourhood: Yaletown
C$1,299,000

Local Decision Guide

How should buyers evaluate 201 289 DRAKE STREET?

Start by reading this listing in its Vancouver Yaletown 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
201 289 DRAKE STREET

Remarks

Refined townhouse living in the heart of Yaletown. This extensively renovated 1,354 square 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. (id:56153)

Property Details

Row / Townhouse
Building Type
2
Bedrooms
3
Bathrooms
1993
Year Built
33 years
Age
38
Days on Site
1,355 sqft
Interior Size
C$959
Price per Sqft

Complex Name: Parkview Tower

Transaction: For sale

Status: active

Listing ID: 29662123 (R3116041)

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Site Context

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Property Summary

Price: C$1,299,000

PID: 018-374-361

Days on Site: 38 days

Added to BurnabyHouse: 2026-04-27

Updated on: 2026-04-27 01:03 PM PDT

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Lot info

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

Schools

Elsie Roy Elementary ELEMENTARY
Public · School District 39
150 Drake St, Vancouver, BC
Straight-line distance about 209.2 m
King George Secondary SECONDARY
Public · School District 39
1755 Barclay St, Vancouver, BC
Straight-line distance about 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
Farm to Table
About 180.1 m away
1312 Richards Street, Vancouver
Choices Market
About 207.7 m away
1202 Richards Street, Vancouver
Shopping Centres
Granville Island
About 807.7 m away
Granville Island Public Market
About 840.4 m away
1669 Johnston Street, Vancouver
Parks / Green Space
David Lam Park
About 221.9 m away
1300 Pacific Boulevard, Vancouver
Emery Barnes Park
About 309.8 m away
Rapid Transit Stations
Yaletown - Roundhouse Stn
About 148.2 m away

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Mon, 27 Apr 2026 11:58:47 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Macdonald Realty

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