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Building & Condo Information

Grace

499 Drake St. Vancouver, BC V6B 1B1, Canada

Les Twarog
★ Building Specialist
Les Twarog
RE/MAX Crest Realty
BC Condos and Homes Team
30+ Years Downtown & Westside Expert
604.671.7000 les@6717000.com
Official Website: www.graceresidences.ca
  • Levels6
  • Suites71
  • StatusCompleted
  • Built2004
  • Title to LandFreehold Strata
  • Strata PlanBCS747
  • ConstructionConcrete
  • AreaVancouver West
  • NeighbourhoodYaletown

For Sale in Grace & Complex

DateStatusAddressTypeBedBathPriceSqftStrata FeeTaxListed By
2026-09-29 Active 2600 1280 Richards St. Single Family 2 3 $4,398,000 ($1,686/sf) 2608 $11551 (2026) The Partners Real Estate
2026-09-21 Active 1260 Richards St. Single Family 2 3 $2,198,800 ($1,289/sf) 1706 $1530 $6134 (2025) Oakwyn Realty Ltd.
Avg$3,298,4002157

Grace Sold History (last 24 months)

Sold DateAddressBedBathSqftAskingSold PriceDOMStrata FeeTaxListed By
2026-05-22 801 1280 Richards St. 2 2 1151 $1,450,000 $1,350,000 ($1,173/sf) $1107 $5379 (2025) Grand Central Realty
2026-03-31 1102 1280 Richards St. 2 3 1885 $2,599,000 $2,500,000 ($1,326/sf) $1684 $6938 (2025) RE/MAX Select Properties
2025-07-31 601 1280 Richards St. 2 2 1252 $1,599,000 $1,580,000 ($1,262/sf) $1082 $4499 (2024) TRG The Residential Group Downtown Realty
2025-03-15 1901 1280 Richards St. 2 3 1841 $2,780,000 $2,380,000 ($1,293/sf) $1477 $7320 (2024) Nu Stream Realty Inc.

Sold data from the MLS® feed for strata plan BCS747. Showing the 15 most recent sales from the last 24 months; expand for up to 80.

Grace Market Summary

Grace at 499 Drake St. — currently 2 active listings averaging $3,298,400. In the past year 2 units sold at an average of $1,925,000.

Active Listings2
Avg Asking Price$3,298,400
Sold (1 Year)2
Avg Sold Price$1,925,000
Avg $/Sqft$1,250

Value & Financing

Price Positioning
$1488 /sq ft
Active listings here average $1488/sf vs $1100/sf across Yaletown.
35% above area average
Mortgage Snapshot
$10,531 /mo
Entry price (from)$2,198,800
20% down payment$439,760
Rate / amortization5.24% · 25 yr
Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Overview

Grace - 499 Drake Street, Vancouver, BC V6B 1B1, BCS747 - located in Downtown area of Vancouver West, at the crossroads Drake Street and Richards Street. Grace is walking distance to Universal Mixed Martial Arts, Dance 4U, Sugarrays Boxing Fitness, School Board Vancouver, Rhodes Wellness College, Language Studies International, Shoppers Drug Mart, Samson Shirtmakers, Enve Clothing Yaletown, Vancouver Custom Suits, Anti-hero, Brooklyn Clothing and Retro Rock Vintage Clothing, Emery Barnes Park, David Lam Park, George Wainborn Park, May & Lorne Brown Park, Helmcken Park and Yaletown Park. Easy access to Stanley Park, English Bay, Rogers Arena, Vancouver Public Library, Edgewater Casino, Vancouver Art Gallery, and many other attractions. James Schouw and Associates quality built Grace in 2004. This 6-level concrete building has stone exterior finishing and full rain screen. There are 71 units in development and in strata. Grace is one of Vancouver's most iconic, architectural masterpieces. Pass through the European-inspired courtyard, and into a private, direct access elevator (with biometric fingerprint security system) and step into this beautiful home. Most homes offer cherry wood hardwood and limestone floors in living area, floor heating in bathroom, acoustic insulation, fireplaces, geothermal (ground-source) heat pump heating system, programmable air conditioning, DSC security system with LCD digital heypads, pre-wire suites for satellite dishes, built-in audio and data network, granite or tile countertops, 10' ceilings, aircon and plenty of storage. Grace has great amenities that include central air conditioning, an elevator, an exercise centre, indoor swimming pool, a sauna, a hot tub, a concierge, a media room, a play area for children, secured underground parking and Rolls Royce driving service.

Amenities / Features

Air Cond./central
Elevator
Exercise Centre
Pool; Indoor
Sauna/steam Room
Swirlpool/hot Tub

Maintenance Fees Include

Caretaker
Garbage Pickup
Gardening
Gas
Management
Recreation Facility

Location / Site Influences

Central Location
Marina Nearby
Recreation Nearby
Shopping Nearby

Construction & Development

ConstructionConcrete
Exterior FinishStone
RoofOther
FoundationConcrete Perimeter
Rain ScreenFull
DeveloperJames Schouw & Associates

Strata Information

Strata PlanBCS747
Strata Web Sitewww.graceresidences.ca
Building TypeStrata
Title to LandFreehold Strata
Units in Strata71
Units in Development71
Management CompanyQuay Pacific — 604-685-8830
Bylaws / RestrictionsNO RESTRICTIONS
Parking / StorageGarage; Underground

Property Documents

Market Reports

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Site Map

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Frequently Asked Questions — Grace

What year was Grace built?
Grace was built in 2004.
How many units are in Grace?
Grace has 71 strata units across 6 levels.
What amenities does Grace offer?
AIR COND./CENTRAL, ELEVATOR, EXERCISE CENTRE, POOL; INDOOR, SAUNA/STEAM ROOM, SWIRLPOOL/HOT TUB.
Is Grace pet-friendly, and what are the bylaws?
Grace bylaws/restrictions: NO RESTRICTIONS.
Who is the property manager for Grace?
Grace is managed by Quay Pacific, 604-685-8830.
What is the strata plan number for Grace?
The strata plan number for Grace is BCS747.
Is Grace freehold or leasehold?
Grace is FREEHOLD STRATA.
Where is Grace located?
Grace is located at 499 Drake St. in Vancouver West, Vancouver.
How is the real estate market at Grace?
In the past year 2 units sold at Grace, averaging $1,925,000; there are currently 2 active listings for sale.
Les Twarog
Les Twarog & Team
RE/MAX Crest Realty · Your Grace specialist
Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

Sales Information

Sales Websitewww.graceresidences.ca

Listings for Sale Near Grace 🔎 MLS® Search »

Active listings nearby80
Average price$1,078,811
From$125,000
Up to$6,999,000
Summary — 50 nearest listings
AddressBedBathSqftPrice
304 1295 Richards St. 11594 $499,900
1404 1323 Homer St. 11732 $889,000
608 1323 Homer St. 21929 $839,900
1904 1323 Homer St. 11750 $798,000
1602 1323 Homer St. 11764 $679,000
301 1323 Homer St. 221221 $1,100,000
1102 1323 Homer St. 11756 $699,000
2706 1323 Homer St. 11457 $508,000
2600 1280 Richards St. 232608 $4,398,000
1260 Richards St. 231706 $2,198,800
Photos
304 1295 RICHARDS STREET $499,900 304 1295 Richards St. · 1bd/1ba · 594sf 1404 1323 HOMER STREET $889,000 1404 1323 Homer St. · 1bd/1ba · 732sf 608 1323 HOMER STREET $839,900 608 1323 Homer St. · 2bd/1ba · 929sf 1904 1323 HOMER STREET $798,000 1904 1323 Homer St. · 1bd/1ba · 750sf 1602 1323 HOMER STREET $679,000 1602 1323 Homer St. · 1bd/1ba · 764sf 301 1323 HOMER STREET $1,100,000 301 1323 Homer St. · 2bd/2ba · 1221sf 1102 1323 HOMER STREET $699,000 1102 1323 Homer St. · 1bd/1ba · 756sf 2706 1323 HOMER STREET $508,000 2706 1323 Homer St. · 1bd/1ba · 457sf 2600 1280 RICHARDS STREET $4,398,000 2600 1280 Richards St. · 2bd/3ba · 2608sf 1260 RICHARDS STREET $2,198,800 1260 Richards St. · 2bd/3ba · 1706sf B901 1331 HOMER STREET $729,000 B901 1331 Homer St. · 1bd/1ba · 806sf 701 1318 HOMER STREET $1,188,000 701 1318 Homer St. · 3bd/2ba · 1247sf 212 1238 SEYMOUR STREET $815,000 212 1238 Seymour St. · 1bd/2ba · 1036sf 401 1238 RICHARDS STREET $499,900 401 1238 Richards St. · 1bd/1ba · 502sf 608 1238 RICHARDS STREET $1,050,000 608 1238 Richards St. · 1bd/1ba · 947sf 2601 1238 RICHARDS STREET $1,690,000 2601 1238 Richards St. · 3bd/2ba · 1504sf 106 1238 SEYMOUR STREET $849,000 106 1238 Seymour St. · 1bd/1ba · 1125sf 1010 1238 SEYMOUR STREET $639,000 1010 1238 Seymour St. · 1bd/1ba · 667sf 209 1238 SEYMOUR STREET $849,000 209 1238 Seymour St. · 1bd/1ba · 1082sf 2101 1238 SEYMOUR STREET $900,000 2101 1238 Seymour St. · 1bd/2ba · 804sf 905 1238 SEYMOUR STREET $799,000 905 1238 Seymour St. · 1bd/1ba · 862sf 1227 RICHARDS STREET $1,399,900 1227 Richards St. · 2bd/2ba · 1269sf 1401 1238 SEYMOUR STREET $3,750,000 1401 1238 Seymour St. · 7bd/7ba · 6472sf 802 388 DRAKE STREET $1,195,000 802 388 Drake St. · 2bd/2ba · 1211sf 401 1225 RICHARDS STREET $580,000 401 1225 Richards St. · 1bd/1ba · 505sf 1268 HOMER STREET $125,000 1268 Homer St. · 0bd/0ba · 647sf B110 1331 HOMER STREET $1,149,900 B110 1331 Homer St. · 3bd/2ba · 1209sf 903 1255 SEYMOUR STREET $669,800 903 1255 Seymour St. · 1bd/1ba · 688sf 507 388 DRAKE STREET $849,000 507 388 Drake St. · 2bd/2ba · 832sf 2505 388 DRAKE STREET $1,290,000 2505 388 Drake St. · 2bd/2ba · 1202sf 2101 388 DRAKE STREET $1,399,000 2101 388 Drake St. · 3bd/2ba · 1214sf 311 1255 SEYMOUR STREET $1,250,000 311 1255 Seymour St. · 2bd/2ba · 1105sf 1383 RICHARDS STREET $138,000 1383 Richards St. · 0bd/0ba · 450sf 2604 1255 SEYMOUR STREET $548,000 2604 1255 Seymour St. · 1bd/1ba · 475sf 1508 1255 SEYMOUR STREET $629,000 1508 1255 Seymour St. · 1bd/1ba · 508sf 2204 1255 SEYMOUR STREET $519,900 2204 1255 Seymour St. · 1bd/1ba · 493sf 1903 1255 SEYMOUR STREET $1,067,000 1903 1255 Seymour St. · 2bd/2ba · 1040sf 705 388 DRAKE ST $1,198,800 705 388 Drake St · 2bd/2ba · 1202sf 1710 501 PACIFIC STREET $519,000 1710 501 Pacific St. · 0bd/1ba · 512sf 4201 499 PACIFIC STREET $6,999,000 4201 499 Pacific St. · 3bd/4ba · 3507sf 1601 499 PACIFIC $1,668,000 1601 499 Pacific · 2bd/2ba · 1038sf 2009 501 PACIFIC STREET $671,000 2009 501 Pacific St. · 1bd/1ba · 638sf 2410 501 PACIFIC STREET $549,000 2410 501 Pacific St. · 0bd/1ba · 515sf 2410 501 PACIFIC STREET $529,000 2410 501 Pacific St. · 0bd/1ba · 515sf 609 501 PACIFIC STREET $589,000 609 501 Pacific St. · 1bd/1ba · 625sf 2307 501 PACIFIC STREET $599,900 2307 501 Pacific St. · 1bd/1ba · 624sf 2210 501 PACIFIC STREET $500,000 2210 501 Pacific St. · 1bd/1ba · 513sf 404 1238 HOMER STREET $765,000 404 1238 Homer St. · 1bd/1ba · 822sf

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