Vancouver Dossier

#2005 – 388 Drake St, Vancouver, BC

Strata unit #2005 at 388 Drake St: assessed at $1,293,000 in 2026. Assessed higher than 54% of the 135 units in the building.

Unit assessed 2026

$1,293,000

Change from last year

-7%

Strata lot

191

Built

1995

2 to check4 notes3 clear

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Building report for 388 Drake St: all 135 units · $20

Unit #2005

Assessed 2026$1,293,000

Change from last year−7%

Within the buildingAssessed higher than 54% of the 135 units in the building

Strata lotLot 191, plan LMS1725

Built1995

Floor, from the unit number20

Same stack, 24 units (…05)$1,019,000 – $1,461,000

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

Note

Zoned CD-1 (266)

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What the record says: Lot about 5,902 m², measured from the City lot outline. Zoning district CD-1 (266) (CD).
What it means: The zoning district sets what can be built and how the property can be used.
What to do: Read the district schedule or ask the City if you plan changes.

The full report explains every finding like this one.

Check

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

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Check

Strata from 1995: no envelope repair permit since 2017

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

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

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

On or next to an arterial road (Homer St)

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Short-term rentals: only in your principal residence

What it means and what to ask

What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Clear

Not on the Heritage Register

Clear

Outside the City floodplain

Clear

Separated storm and sanitary sewers

Part of a full report: what each record says, what it means and what to do

What the full report adds to each finding

What the record says, with its date and number
What it means for a buyer
What to ask the seller and your realtor
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Street view

About #2005 – 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.

Read every record and what to do next

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 #2005 – 388 Drake St

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

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

27 more permits in the full report

Schools and parks near #2005 – 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 #2005 – 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 #2005 – 388 Drake St

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

Rezoning and development nearby

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 #2005 – 388 Drake St

What is #2005 – 388 Drake St assessed at?

$1,293,000 for 2026, from BC Assessment through the City’s property tax report. Assessed higher than 54% of the 135 units in the building.

What is the strata lot number of #2005 – 388 Drake St?

Strata lot 191 on strata plan LMS1725.

When was #2005 – 388 Drake St built?

In 1995, according to BC Assessment.

What is the zoning of #2005 – 388 Drake St?

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

Is #2005 – 388 Drake St in a floodplain?

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

Is #2005 – 388 Drake St on the Heritage Register?

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

Can #2005 – 388 Drake St be rented short term (Airbnb)?

Only as the owner’s or tenant’s principal residence, with a City business licence and a provincial registration number; a second home or investment unit cannot be rented for less than 90 days. The strata bylaws can also ban it. More

What building permits has #2005 – 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 #2005 – 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 #2005 – 388 Drake St?

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

Compare #2005 – 388 Drake St with another address · Watch this address: email me when its records change

Other units in 388 Drake St

Same floor (20)

#2001 $1,167,000
#2002 $1,429,000
#2003 $1,362,000
#2006 $1,168,000

Same stack (units ending in 05)

#105 $1,058,000
#205 $1,019,000
#305 $1,145,000
#505 $1,149,000
#605 $1,461,000
#705 $1,231,000
#805 $1,236,000
#905 $1,241,000

All 135 units in the building

Full reportEvery record explained · PDF

Checked against City of Vancouver open data on October 25, 2026. How we check · Data sources · Glossary