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Condo building · Yaletown

199 Drake

3 homes are for sale at 199 Drake in Yaletown right now, with a median asking price of $998K.

3

For sale now

$986K

Median assessed value (2026)

$998K

Median asking price

$1,040

Median price / sq ft

$900

Median strata fee / month

1995

Year built

Median asking price is the middle asking price of the 3 homes for sale here. Median strata fee is the middle monthly strata figure among those homes — only listings that report a fee are counted, and a strata's official charges are in its Form B. Assessed values are BC Assessment's 2026 figures for all units in the building, not just homes for sale.

Building details

Pets
Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Storeys
19
Parking
Underground, Side Access, Concrete, Guest, Garage Under Building, Lane Access, Rear Access
Strata fee includes
Heat, Hot water
Property manager
First Service Residential
Homes for sale
3× 2 bed

Amenities

  • Bike Room
  • Exercise Centre
  • Recreation Facilities
  • Caretaker
  • Trash
  • Gas
  • Maintenance Grounds
  • Heat
  • Hot Water
  • Management
  • Sauna/Steam Room

Pet rules, parking, amenities and fee inclusions are as reported on recent MLS® listings for this building — the building's official bylaws are in its strata documents.

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Assessed values

BC Assessment values 85 units at 199 Drake for 2026, from $782K to $3.12M, with a median assessed value of $986K.

Homes for sale here are currently asking about 1% above the median assessed value.

Getting around

  • SkyTrain
  • Yaletown–Roundhouse (Canada Line) · 160 m, 2 min walk
  • Olympic Village (Canada Line) · 910 m, 11 min walk
  • Vancouver City Centre (Canada Line) · 1.1 km, 14 min walk
  • Nearby schools
  • Elsie Roy Elementary (elementary) · 120 m
  • Anchor Point Montessori (mixed) · 710 m
  • False Creek Elementary (elementary) · 740 m

Building permits nearby

  • 550 DRAKE STREET, Vancouver, BC V6B 5Z5 · 2024 · $72M projectCertified Professional Program - New Building - To construct a new 41-storey mixed-use building consisting of: - 1st storey - residential lobby and entrance lob
  • 450 PACIFIC STREET, Vancouver, BC · 2025 · $59.54M projectCertified Professional Program - New Building - To construct a new 7-storey wood frame housing development consisting of: 1 storey: four (4) residential units
  • 1220 SEYMOUR STREET, Vancouver, BC V6B 3N9 · 2025 · $55M projectCertified Professional Program - New Building - To construct a new 9-storey mixed-use building with 1 level underground parking. The building will contain 3 co
  • 1267 MARINASIDE CRESCENT, Vancouver, BC V6Z 2X5 · 2025 · $6.1M projectField Review - Addition / Alteration - To upgrade the existing hydronic heating water system to hydronic cooling and heating water system and modification of ex

Frank on Yaletown

Almost everything on the market is an apartment, with over two hundred condos averaging under a thousand square feet and very few three-bedroom layouts. Asking prices sit close to a million dollars, which suits buyers looking for compact strata living. Most buildings date to around 2002, with some from the late 1980s, and monthly strata fees run around $740. I suggest checking the depreciation report for upcoming levies and confirming exactly what those fees cover.

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