Open houseCondo
$1,195,000
802 388 DRAKE STREET
Vancouver51 days on market
MLS® R3156151
1 / 25
2 bed · 1 bath · 798 sq ft · 1 parking
Condo · Single Family · built 2010 · 2 days on market
Listed by Ken Wong, 1NE Collective Realty Inc.
Realtor's description
Luxurious urban living at the iconic Jameson by Norman Foster combines state of the art technology with a concierge lifestyle. This function 2 bedroom with city view. Premium finishes of this elegant contemporary design include kitchen cabinets by DADA Italy, appliances by Gaggenau & Sub Zero, Italian travertine floors, upgraded motorized blind & smart home audio and lighting control. 24 hr concierge & 1 automated valet parking system ensure privacy & convenience
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 798 sq ft
- Parking
- 1
- Year built
- 2010
- Property tax
- $2,719 / yr
- Strata fee
- $802 / mo ($1.01 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 2
- MLS®
- R3172934
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Oven - Built-In
Floor plans
Found among the listing photos.
Monthly cost
$5,089/mo
Mortgage $4,061 · Tax $227 · Strata $802
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $3,258/mo
- After all costs
- −$2,127/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $4,061 · tax $227 · strata $802 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Downtown, Vancouver (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Vancouver also charges an empty homes tax. vancouver.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
1.5 km away · 1755 Barclay St, Vancouver · 604-713-8999
From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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