#2002 – 388 Drake St, Vancouver, BC

Strata unit #2002 at 388 Drake St: assessed at $1,429,000 in 2026. Assessed higher than 85% of the 135 units in the building.

Unit assessed 2026

$1,429,000

Change from last year

-5%

Strata lot

193

Built

1995

2 to check3 notes2 clear

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Unit #2002

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Assessed 2026$1,429,000

Change from last year−5%

Within the buildingAssessed higher than 85% of the 135 units in the building

Strata lotLot 193, plan LMS1725

Built1995

Floor, from the unit number20

Same stack, 28 units (…02)$1,084,000 – $4,693,000

Value history, 7 years

Property tax, year by year

Permits filed under this unit numberNone since 2017

About strata records

What the records show for the building at 388 Drake St

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28 permits on this lot since 2017, 5 in the last 3 years

What it means and what to ask: full report

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Strata from 1995: no envelope repair permit since 2017

What it means and what to ask: full report

Note

Zoned CD-1 (266)

What it means and what to ask: full report

Note

Typical unit assessed at $1,267,000; the building +1% since 2021

What it means and what to ask: full report

Note

On or next to an arterial road (Homer St)

What it means and what to ask: full report

Clear

Not on the Heritage Register

What it means and what to ask: full report

Clear

Outside the City floodplain

What it means and what to ask: full report

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Street view

About #2002 – 388 Drake St

A 135-unit strata building, built 1995 on a 5,902 m² CD-1 (266) lot. Older than 63% of the buildings on Drake St. Units are assessed from $791,000 to $6,086,000; the typical unit is $1,267,000. 28 building permits since 2017. The latest, from Aug 2025: addition or alteration, dwelling unit ($225,000). School catchment: Elsie Roy Elementary and King George Secondary. Yaletown-Roundhouse Station is 260 m away.

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Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.

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Assessment history of #2002 – 388 Drake St

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Whole building, 135 units: units are assessed from $791,000 to $6,086,000, typical unit $1,267,000.

2026$186,759,000

Up 1% since 2021

Permits on this building · 28 since 2017

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Aug 2025 · Addition or alteration, dwelling unit$225,000

27 more permits in the full report

Schools and parks near #2002 – 388 Drake St

Elementary catchmentElsie Roy Elementary

Secondary catchmentKing George Secondary

Elsie Roy Elementary249 m

Anchor Point Montessori568 m

False Creek Elementary722 m

David Lam Park134 m

Roundhouse Turntable Plaza268 m

How catchments work

Transit near #2002 – 388 Drake St

Nearest SkyTrain: Yaletown-Roundhouse (Canada Line)260 m

Eastbound Pacific St @ Richards St · 23147 m

Westbound Pacific St @ Richards St · 23187 m

Yaletown-Roundhouse Station bus loop · 6, 23248 m

Bus routes within 400 m: 4, 6, 7, 10, 14, 16, 23, 50, N10, N17, N9

Street, trees and terrain

City street trees in front2 · Armstrong Red Maple

Ground elevation≈ 10 m above sea level

Elevation change across the siteabout 3 m

Nearest arterial roadHomer St, 27 m

SkyTrain guideway241 m

Truck route51 m

Noise by-law areaIntermediate Zone

Crime near #2002 – 388 Drake St

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Incidents within 400 m in the last 12 months, by type: in the full report.

Rezoning and development nearby

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Within 300 m in the last two years: 2 new-building permits and 2 demolition permits.

New buildings nearby:

450 Pacific St Jan 2026
1220 Seymour St May 2025

Rezoning applications within 800 m: in the full report.

In Downtown, the City issued 11 new-building permits and 13 demolition permits in the last two years. About the neighbourhood

Questions about #2002 – 388 Drake St

What is #2002 – 388 Drake St assessed at?

$1,429,000 for 2026, from BC Assessment through the City’s property tax report. Assessed higher than 85% of the 135 units in the building.

What is the strata lot number of #2002 – 388 Drake St?

Strata lot 193 on strata plan LMS1725.

When was #2002 – 388 Drake St built?

In 1995, according to BC Assessment.

What is the zoning of #2002 – 388 Drake St?

It is zoned CD-1 (266) under the Vancouver Zoning and Development By-law. More

Is #2002 – 388 Drake St in a floodplain?

No. It is outside the floodplains designated by the City of Vancouver. More

Is #2002 – 388 Drake St on the Heritage Register?

No. It is not listed on the Vancouver Heritage Register. More

What building permits has #2002 – 388 Drake St had?

The City has issued 28 permits since 2017. The latest, from Aug 2025: addition or alteration ($225,000). More

Which schools serve #2002 – 388 Drake St?

Elementary: Elsie Roy Elementary. Secondary: King George Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from #2002 – 388 Drake St?

Yaletown-Roundhouse Station is 260 m away in a straight line.

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Other units in 388 Drake St

Same floor (20)

#2001 $1,167,000
#2003 $1,362,000
#2005 $1,293,000
#2006 $1,168,000

Same stack (units ending in 02)

#102 $1,356,000
#202 $1,084,000
#302 $1,307,000
#502 $1,312,000
#602 $1,317,000
#702 $1,322,000
#802 $1,327,000
#902 $1,333,000

All 135 units in the building

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Checked against City of Vancouver open data on October 21, 2026. How we check · Data sources · Glossary