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Building & Condo Information

Governor's Tower

388 Drake St.

Vancouver, BC V6B 6A8

Levels32
Suites237
StatusCompleted
Built1995
Title to LandFreehold Strata
Strata PlanLMS1725
ConstructionConcrete
AreaVancouver West
NeighbourhoodYaletown

$1,157,700Avg Asking

6Sold (1yr)

$1,211,833Avg Sold

$1,017Avg $/Sqft

View all 8 active listings » Contact Our Team Now!

📞 Call Les Twarog: 604.671.7000

Overview

Governor's Tower - 388 Drake Street, Vancouver, BC V6B 6K3, LMS1725 - located in Downtown area of Vancouver West, near the crossroads Drake Street and Pacific Boulevard, on the Southern end of Yaletown, across the street from David Lam Park. Within 4 blocks are George Wainborn Park, Roundhouse Community Center, Urban fare and Elsie Roy Elementary School. Governo's Tower is walking distance to Choices Market, Emery Barnes Park, Vancouver International Film Centre, Helmcken Park, Starbucks Coffee, Blenz Coffee, Pacific Cinematheque, Wall Centre, Language Studies International, Royal Bank, Scotia Bank, Spa and UBC Robson Square, Seawall, Quayside Marina at Concord Pacific Place, Scotiabank Dance Center, CSIL Canadian As A Second Language Institute, Spa Beauty+Welness Centre, Exhale Yoga Pilates & Dance Studios, Pacific Chiropractic, Massage Therapy, Bambu The Salon, Dairy Queen, Blenz Coffee, Yaletown YYoga, 24-7 Fitness in Yaletown, Kostuik Gallery, Shoppers Drug Mart, BC Place and Contemporary Art Gallery. Restaurants in the neighbourhood are La Terazza, Games Big Fish, Earls, Yaletown Keg Steakhouse and Bar, Urban Thai Bistro, Hapa Izakaya, Cactus Club Cafe, George Lounge, Fresh Japanese Take out, Drew Cooks and much more. The bus stops near the complex and Yaletown-Roundhouse Skytrain Station is less than 5-minute walk from the complex. Governor's Tower was built in 1995 by Concord Pacific and has 135 suites on 32 floors. The Governor's Tower has a concrete construction and mixed exterior finishing. This building was rain-screened in 2010. Governor's Tpwer is a part of Governo's Villas that consists of 237 units with 135 units at 388 Drake Street and 102 units at 1318 - 1398 Homer Street. These buildings share great facilities that include secure underground parking, heated 70' indoor swimming pool, a hot tub, an exercise centre, a playground, a sauna, a craft room, a garden, a bike storage, secure entry, a surveillance system and a 24-hour concierge. Most homes offer in-suite laundry, storage lockers, great layouts and large living/dining areas. The kitchens originally had white appliances but many have been updated to granite counters and stainless steel appliances. Some homes have David Lam Park and False Creek views.

Governor's Tower & Villas was fully rainscreened in 2010 & has 10 year warranty by Willis Canada.

🔍 13 photos · slideshow

Governor's Tower

📞 604.671.7000 Contact

Les Twarog & Team

RE/MAX Crest Realty · Your Governor's Tower specialist

Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

📞 604.671.7000 ✉️ Email 💬 Text

For Sale in Governor's Tower & Complex

Date	Address	Status	Bed	Bath	Price	Sqft	Strata Fee	Tax	Listed By
2026-08-10	2101 388 Drake St.	Active	3	2	$1,399,000 ($1,152/sf)	1214	$939	$3944 (2026)	Prompton Real Estate Services Inc.
2026-03-18	303 1388 Homer St.	Active	3	2	$1,388,000 ($1,119/sf)	1240	$925	$3584 (2025)	RE/MAX City Realty
2026-01-06	1603 388 Drake St.	Active	2	2	$1,388,000 ($1,131/sf)	1227	$1001	$4445 (2025)	TRG The Residential Group Realty
2026-06-08	2505 388 Drake St.	Active	2	2	$1,290,000 ($1,073/sf)	1202	$961	$4301 (2025)	Nu Stream Realty Inc.
2026-05-04	203 388 Drake St.	Active	3	2	$1,198,000 ($965/sf)	1241	$1002	$4027 (2025)	Engel & Volkers Vancouver
2026-04-01	701 1318 Homer St.	Active	3	2	$1,188,000 ($953/sf)	1247	$1010	$3774 (2025)	Grand Central Realty
2026-06-15	505 388 Drake St.	Active	2	2	$1,028,000 ($973/sf)	1056	$860	$3949 (2025)	Royal Pacific Lions Gate Realty Ltd.
2026-07-28	1206 388 Drake St.	Active	2	2	$999,000 ($858/sf)	1164	$947	$3709 (2025)	Framework Marketing Inc.
2026-07-27	105 388 Drake St.	Active	2	2	$850,000 ($872/sf)	975	$860	$3515 (2025)	Selmak Realty Limited
2026-06-08	507 388 Drake St.	Active	2	2	$849,000 ($1,020/sf)	832	$663	$2729 (2025)	RE/MAX Crest Realty
	Avg				$1,157,700	1140

Governor's Tower Sold History (last 24 months)

Sold Date	Address	Bed	Bath	Sqft	Asking	Sold Price	DOM	Strata Fee	Tax	Listed By
2026-07-24	806 1318 Homer St.	2	2	1112	$1,248,000	$1,190,000 ($1,070/sf)		$876	$3596 (2025)	Engel & Volkers Vancouver
2026-06-15	1102 1318 Homer St.	3	2	1355	$1,398,000	$1,337,000 ($987/sf)		$1065	$4582 (2025)	FaithWilson Christies International Real Estate
2026-05-05	802 1318 Homer St.	2	2	1066	$1,198,000	$1,176,500 ($1,104/sf)		$868	$4105 (2025)	Rennie & Associates Realty Ltd.
2026-03-21	603 1318 Homer St.	3	2	1232	$1,448,000	$1,400,000 ($1,136/sf)		$961	$4488 (2025)	Engel & Volkers Vancouver
2026-02-08	1603 388 Drake St.	2	2	1227	$1,388,000	$1,245,000 ($1,015/sf)		$1001	$4445 (2025)	TRG The Residential Group Realty
2026-01-14	1306 388 Drake St.	2	2	1164	$930,000	$922,500 ($793/sf)		$947	$3690 (2025)	RE/MAX Westcoast
2025-08-07	801 1388 Homer St.	3	2	1337	$1,930,000	$1,930,000 ($1,444/sf)		$1070	$5664 (2024)	Sotheby''s International Realty Canada
2025-06-26	505 1318 Homer St.	2	2	1107	$1,188,000	$1,125,000 ($1,016/sf)		$884	$3860 (2024)	Macdonald Realty
2025-06-05	505 1338 Homer St.	2	2	1112	$1,098,000	$980,000 ($881/sf)		$847	$3199 (2023)	RE/MAX Crest Realty
2025-05-02	1101 1318 Homer St.	2	2	1095	$1,225,000	$1,125,000 ($1,027/sf)		$876	$3515 (2024)	RE/MAX Masters Realty
2025-04-08	1006 388 Drake St.	2	2	1157	$1,299,000	$1,269,500 ($1,097/sf)		$930	$3711 (2025)	Keller Williams Ocean Realty VanCentral
2025-03-19	2701 388 Drake St.	2	2	1162	$968,000	$1,028,000 ($885/sf)		$922	$3815 (2024)	Homeland Realty
2024-12-15	605 1338 Homer St.	2	2	1083	$1,050,000	$960,000 ($886/sf)		$868	$3388 (2024)
2024-08-20	206 1338 Homer St.	3	2	1205	$1,190,000	$1,150,000 ($954/sf)		$922	$2957 (2023)
2024-07-10	606 1338 Homer St.	3	2	1154	$1,450,000	$1,280,000 ($1,109/sf)		$884	$3207 (2023)	Link Brokerage Inc.
2024-04-24	1208 1328 Homer St.	3	2	1340	$2,488,888	$2,500,000 ($1,866/sf)		$1026	$5824 (2023)	Coldwell Banker Marquise Realty
2024-01-30	1107 1328 Homer St.	3	2	1591	$1,995,000	$1,958,000 ($1,231/sf)		$1048	$5699 (2023)	Oakwyn Realty Encore
2023-09-23	3203 388 Drake St.	3	4	2103	$2,249,000	$2,028,888 ($965/sf)		$1507	$7162 (2022)	Nu Stream Realty Inc.
2023-08-15	1008 1328 Homer St.	2	2	956	$1,149,000	$1,120,000 ($1,172/sf)		$681	$2870 (2023)	Rennie & Associates Realty Ltd.
2023-08-07	603 388 Drake St.	2	2	1230	$1,249,000	$1,205,000 ($980/sf)		$882	$3537 (2022)
2023-07-27	2203 388 Drake St.	2	2	1227	$1,488,000	$1,452,000 ($1,183/sf)		$882	$4102 (2022)
2023-06-02	101 1398 Homer St.	2	2	1050	$1,195,000	$1,157,500 ($1,102/sf)		$757	$2548 (2022)	Prompton Real Estate Services Inc.
2023-05-11	1702 388 Drake St.	2	2	1222	$1,698,800	$1,650,000 ($1,350/sf)		$868	$4132 (2022)	eXp Realty
2023-04-18	703 1318 Homer St.	3	2	1240	$1,268,000	$1,230,000 ($992/sf)		$861	$3639 (2022)
2023-04-07	1803 388 Drake St.	2	2	1231	$1,488,000	$1,450,000 ($1,178/sf)		$882	$4005 (2022)	Rennie & Associates Realty Ltd.
2023-03-22	907 1328 Homer St.	2	2	1123	$1,388,000	$1,388,000 ($1,236/sf)		$792	$3028 (2022)	Oakwyn Realty Ltd.
2023-02-17	2202 388 Drake St.	2	2	1227	$1,675,000	$1,595,000 ($1,300/sf)	36	$868	$4256 (2022)	Macdonald Realty Westmar
2023-02-14	807 1328 Homer St.	2	2	1108	$1,150,000	$1,050,000 ($948/sf)	6	$792	$3049 (2022)	Sotheby's International Realty Canada
2022-12-29	707 1328 Homer St.	3	2	1267	$1,190,000	$1,166,000 ($920/sf)	101	$858	$3335 (2022)	Interlink Realty
2022-07-04	1701 388 Drake St.	3	2	1222	$1,299,000	$1,265,000 ($1,035/sf)	13	$802	$3712 (2021)	Royal Pacific Lions Gate Realty Ltd.
2022-06-18	2205 388 Drake St.	2	2	1202	$1,797,000	$1,760,000 ($1,464/sf)	47	$836	$3891 (2021)	RE/MAX Masters Realty
2022-06-06	507 388 Drake St.	2	2	832	$799,000	$783,000 ($941/sf)	14	$566	$2271 (2021)	Interlink Realty
2022-05-18	2103 388 Drake St.	2	2	1230	$1,499,000	$1,499,000 ($1,219/sf)	42	$870	$4177 (2021)	RE/MAX Real Estate Services
2022-05-13	201 1318 Homer St.	3	2	1260	$1,198,000	$1,150,000 ($913/sf)	10	$863	$3271 (2021)	Stilhavn Real Estate Services
2022-04-27	603 1388 Homer St.	2	2	1050	$1,135,000	$1,100,000 ($1,048/sf)	23	$728	$2961 (2021)	Oakwyn Realty Ltd.
2022-03-14	1002 388 Drake St.	2	2	1211	$1,628,000	$1,705,000 ($1,408/sf)	5	$843	$4092 (2021)	Sotheby's International Realty Canada
2022-03-08	1305 388 Drake St.	2	2	1202	$1,599,000	$1,585,000 ($1,319/sf)	4	$836	$3601 (2021)	RE/MAX Masters Realty
2022-03-01	307 388 Drake St.	2	2	832	$829,900	$885,000 ($1,064/sf)	8	$566	$2122 (2021)	Sutton Group-West Coast Realty
2022-02-21	901 1318 Homer St.	1	1	1159	$1,125,000	$1,125,000 ($971/sf)	20	$762	$2935 (2020)	Royal Pacific Realty (Kingsway) Ltd.
2022-02-20	208 1328 Homer St.	3	2	1198	$1,098,000	$1,095,000 ($914/sf)	17	$812	$2979 (2021)	Heyday Realty Inc.
2022-02-15	507 1328 Homer St.	2	2	1135	$1,100,000	$1,020,000 ($899/sf)	88	$769	$2970 (2020)	Livingstone Realty Inc.
2022-01-31	603 1318 Homer St.	3	2	1228	$1,468,000	$1,440,000 ($1,173/sf)	7	$836	$3718 (2021)	Engel & Volkers Vancouver
2022-01-11	1205 388 Drake St.	2	2	1202	$1,249,900	$1,400,000 ($1,165/sf)	6	$836	$3636 (2021)	Stonehaus Realty Corp.
2022-01-03	505 388 Drake St.	2	2	1056	$1,195,000	$1,100,000 ($1,042/sf)	32	$676	$3087 (2021)	Sutton Group-West Coast Realty
2021-11-12	708 1328 Homer St.	2	2	1010	$975,000	$942,888 ($934/sf)	129	$655	$2853 (2021)	Prompton Real Estate Services Inc.
2021-11-09	907 1328 Homer St.	2	2	1130	$1,139,000	$1,128,000 ($998/sf)	15	$746	$3189 (2021)	Team 3000 Realty Ltd.
2021-08-13	1905 388 Drake St.	2	2	1200	$1,668,000	$1,626,000 ($1,355/sf)	1	$812	$3783 (2021)	Luxmore Realty
2021-07-12	2902 388 Drake St.	3	3	2150	$2,980,000	$2,260,000 ($1,051/sf)	174	$1277	$7404 (2020)	LeHomes Realty Premier
2021-04-12	1706 388 Drake St.	2	2	1163	$1,388,000	$1,365,000 ($1,174/sf)	24	$786	$3166 (2020)	RE/MAX Crest Realty
2021-04-11	103 388 Drake St.	2	2	1252	$1,699,900	$1,680,000 ($1,342/sf)	139	$845	$4521 (2020)	Oakwyn Realty Downtown Ltd.
2021-04-09	2503 388 Drake St.	2	2	1228	$1,398,000	$1,350,800 ($1,100/sf)	37	$831	$3983 (2020)	Heller Murch Realty
2021-03-21	1506 388 Drake St.	3	2	1200	$1,368,000	$1,338,000 ($1,115/sf)	26	$744	$3076 (2020)	Macdonald Realty
2021-03-02	607 1328 Homer St.	2	2	1115	$1,165,000	$1,165,000 ($1,045/sf)	33	$733	$3346 (2019)	Livingstone Realty Inc.
2021-02-06	2602 388 Drake St.	2	2	1225	$1,699,888	$1,675,000 ($1,367/sf)	120	$818	$4179 (2020)	Sutton Group-West Coast Realty
2020-07-11	805 1338 Homer St.	2	2	1124	$1,299,900	$1,280,000 ($1,139/sf)	4	$707	$3044 (2020)	Oakwyn Realty Downtown Ltd.

Sold data from the MLS® feed for strata plan LMS1725. Showing the last 24 months by default; expand for up to 80 recent sales.

Governor's Tower Market Summary

Governor's Tower at 388 Drake St. — currently 10 active listings averaging $1,157,700. In the past year 6 units sold at an average of $1,211,833.

Active Listings10

Avg Asking Price$1,157,700

Sold (1 Year)6

Avg Sold Price$1,211,833

Avg $/Sqft$1,017

Value & Financing

Price Positioning

$1012 /sq ft

Active listings here average $1012/sf vs $1176/sf across Yaletown.

14% below area average

Mortgage Snapshot

$4,066 /mo

Entry price (from)$849,000

20% down payment$169,800

Rate / amortization5.24% · 25 yr

Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Market Reports

Live market intelligence for this building's segments — active inventory, medians, ranges & trends. Opens in a new tab.

📊 Vancouver Condo Market Reports

1 Bed →2 Bed →3 Bed →

Market data by RealtySuite

Property Documents

📐 Floor Plans (31) 🔒 » 📐 Floor Plates (10) 🔒 » 📄 Strata Plan 🔒 » 📗 Property Sales Kit »

Location, Street View & Aerial

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Site & Location Maps

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Amenities / Features

Exercise Centre

In Suite Laundry

Pool; Indoor

Swirlpool/hot Tub

Facilities incl. indoor pool, recreation centre, sauna, hot tub located in Villa Section on ground floor - access thru courtyard?.

Maintenance Fees Include

Caretaker

Garbage Pickup

Gardening

Hot Water

Management

Recreation Facility

Location / Site Influences

Central Location

Marina Nearby

Recreation Nearby

Shopping Nearby

Construction & Development

Construction	Concrete
Exterior Finish	Mixed
Roof	Other
Foundation	Concrete Perimeter
Rain Screen	Full
Developer	Concord Pacific
Architect	dys architecture
Management Company	First Service Residential

Strata Information

Strata Plan	LMS1725
Strata Web Site	www.governorstowers.com
Building Type	Strata
Title to Land	Freehold Strata
Units in Strata	237
Units in Development	237
Management Company	First Service Residential — 604-683-8900
Bylaws / Restrictions	PETS ALLOWED,RENTALS ALLOWED
Parking / Storage	Garage; Underground

Building Contact Info

Concierge	Dave Main Concierge — 604-899-6056 governorstv@yahoo.com
Manager	Angelag Office: 604-684-6291
Caretaker	604-684-6291

Frequently Asked Questions — Governor's Tower

What year was Governor's Tower built?

Governor's Tower was built in 1995.

How many units are in Governor's Tower?

Governor's Tower has 237 strata units across 32 levels.

What amenities does Governor's Tower offer?

EXERCISE CENTRE, IN SUITE LAUNDRY, POOL; INDOOR, SWIRLPOOL/HOT TUB.

Is Governor's Tower pet-friendly, and what are the bylaws?

Governor's Tower bylaws/restrictions: PETS ALLOWED,RENTALS ALLOWED.

Who is the property manager for Governor's Tower?

Governor's Tower is managed by First Service Residential, 604-683-8900.

What is the strata plan number for Governor's Tower?

The strata plan number for Governor's Tower is LMS1725.

Is Governor's Tower freehold or leasehold?

Governor's Tower is FREEHOLD STRATA.

Where is Governor's Tower located?

Governor's Tower is located at 388 Drake St. in Vancouver West, Vancouver.

How is the real estate market at Governor's Tower?

In the past year 6 units sold at Governor's Tower, averaging $1,211,833; there are currently 10 active listings for sale.

Listings for Sale Near Governor's Tower 🔎 MLS® Search »

Active listings nearby80

Average price$1,157,421

From$52,000

Up to$7,500,000

Summary — 50 nearest listings

Address	Bed	Bath	Sqft	Price
505 388 Drake St.	2	2	1056	$1,028,000
105 388 Drake St.	2	2	975	$850,000
1206 388 Drake St.	2	2	1164	$999,000
2101 388 Drake St.	3	2	1214	$1,399,000
2505 388 Drake St.	2	2	1202	$1,290,000
507 388 Drake St.	2	2	832	$849,000
1603 388 Drake St.	2	2	1227	$1,388,000
203 388 Drake St.	3	2	1241	$1,198,000
308 1275 Hamilton St.	1	1	717	$749,000
308 1275 Hamilton St.	1	1	709	$769,000
201 289 Drake St.	2	3	1355	$1,299,000
701 1318 Homer St.	3	2	1247	$1,188,000
404 1238 Homer St.	1	1	822	$765,000
303 1388 Homer St.	3	2	1240	$1,388,000
2706 1323 Homer St.	1	1	457	$508,000
2705 1323 Homer St.	1	1	821	$799,000
402 1323 Homer St.	1	1	772	$739,900
1102 1323 Homer St.	1	1	756	$699,000
301 1323 Homer St.	2	2	1221	$1,100,000
15c 199 Drake St.	2	2	1163	$1,388,000
1404 1323 Homer St.	1	1	732	$889,000
3f 199 Drake St.	2	2	1036	$950,000
19a 199 Drake St.	3	4	1984	$3,988,000
10a 199 Drake St.	2	2	951	$989,000
18a 199 Drake St.	3	3	1718	$2,180,000
512 1216 Homer St.		1	462	$475,000
71 1233 Pacific Blvd.			167	$69,000
383 1233 Pacific Blvd.			131	$52,000
1233 Pacific Blvd.			225	$85,000
B408 1331 Homer St.	2	2	1046	$949,000
1260 Richards St.	2	3	1706	$2,289,900
608 1238 Richards St.	1	1	947	$1,068,000
2601 1238 Richards St.	3	2	1504	$1,749,000
B901 1331 Homer St.	1	1	806	$739,000
B110 1331 Homer St.	3	2	1209	$1,168,000
1261 Richards St.	2	2	928	$1,149,900
904 1225 Richards St.	1	1	605	$689,000
401 1225 Richards St.	1	1	505	$580,000
509 1225 Richards St.	1	1	503	$524,900
304 1295 Richards St.	1	1	594	$549,900
1227 Richards St.	2	2	1269	$1,449,900
601 1408 Strathmore Mews	2	2	1060	$1,268,000
2203 1188 Richards St.	2	1	758	$709,000
606 1188 Richards St.	1	1	615	$599,800
1576 Homer Mews	3	3	2476	$5,575,000
2101 1188 Richards St.		1	420	$450,000
1003 1188 Richards St.	2	2	904	$899,000
18c 139 Drake St.	2	2	1128	$1,199,000
104 1168 Richards St.	1	2	1082	$1,022,000
1010 1238 Seymour St.	1	1	667	$639,000