#TH116 – 118 Drake St vs 499 Drake St

#TH116 – 118 Drake St is the older building (1998); 499 Drake St was built in 2004. #TH116 – 118 Drake St is assessed at $1,496,000 and 499 Drake St at $33,856,000; one is a whole strata building, so the values do not compare directly. Zoning: #TH116 – 118 Drake St is CD-1 (297), 499 Drake St is DD. #TH116 – 118 Drake St has 11 building permits since 2017, 499 Drake St has 9. #TH116 – 118 Drake St is in a designated floodplain; the other is not.

#TH116 – 118 Drake St499 Drake St
TypeStrata unitStrata, 15 units
NeighbourhoodDowntownDowntown
Built19982004
Assessed$1,496,000$33,856,000
Change from last year−14%−2%
Against the street——
Lot—≈ 2,640 m²
ZoningCD-1 (297)DD
In a floodplainYesNo
On the Heritage RegisterNoNo
Permits since 201711 · Aug 20269 · Sep 2026
Findings1 Serious 2 Check 3 Note 1 Check 6 Note
School catchmentElsie Roy ElementaryElsie Roy Elementary
Nearest SkyTrainYaletown-Roundhouse Station, 310 mYaletown-Roundhouse Station, 230 m

The full report for each address explains every finding and shows the full permit and value history.

Full report: #TH116 – 118 Drake St Full report: 499 Drake St

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