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505 950 Drake Street
Downtown VW Vancouver V6Z 2B9

$368,000
Residential beds: 0 baths: 1.0 462 sq. ft. built: 1977

Status:
Active
Prop. Type:
Residential
MLS® Num:
R3105423
Bathrooms:
1
Year Built:
1977
Own in the heart of downtown Vancouver at Anchor Point II! This bright and well-designed junior one-bedroom/studio offers 462 sq. ft. of efficient, open-concept living with excellent natural light and a private balcony. The solid concrete building features a rooftop deck, landscaped courtyard, and great resident amenities. Enjoy an unbeatable location just steps to Yaletown, the Seawall, beaches, dining, shopping, and transit. Exceptional value for first-time buyers or investors with strong rental appeal. Vacant and ready for immediate possession—your opportunity to enter the Vancouver market awaits!
Property Type:
Residential
Dwelling Type:
Apartment/Condo
Home Style:
Common Walls - No One Above
Ownership:
Freehold NonStrata
Year built:
1977 (Age: 49)
Living Area:
462 sq. ft.
Floor Area - Unfinished:
0 sq. ft.
Building Area - Total:
462 sq. ft.
Bedrooms:
0 (Above Grd: 0)
Bathrooms:
1.0 (Full:1/Half:0)
Kitchens:
1
Rooms:
4
Taxes:
$1,301.25 / 2025
Outdoor Area:
Garden, Balcony
Water Supply:
Public
Plan:
VAS1183
Name of Complex/Subdivision:
Anchor Point 11
Construction Materials:
Concrete, Stone (Exterior)
Foundation:
Concrete Perimeter
Basement:
None
Roof:
Other
No. Floor Levels:
1.0
Floor Finish:
Mixed, Carpet
Floor Area Fin - Above Grade:
462 sq. ft.
Floor Area Fin - Above Main:
0 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
462 sq. ft.
Floor Area Fin - Below Main:
0 sq. ft.
Floor Area Fin - Below Grade:
0 sq. ft.
Floor Area Fin - Basement:
0 sq. ft.
Floor Area Fin - Total:
462 sq. ft.
Heating:
Baseboard, Hot Water
Parking Features:
Underground, Lane Access
Parking:
Underground
Suite:
None
Elevator, Storage
Garden, Balcony
Central Location
Garden, Laundry In Common Area, Clubhouse, Elevator, Storage
Clubhouse
1
Refrigerator, Laundry In Common Area, Clubhouse, Elevator, Storage
Refrigerator, Range Top
Common Area
STRATA LOT 66, PLAN VAS1183, DISTRICT LOT 541, NEW WESTMINSTER LAND DISTRICT, UNDIV 462/71318 SHARE IN COM PROP THEREIN TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 OR V, AS APPROPRIATE
Floor
Type
Size
Other
Main
Kitchen
7'8" × 7'7"
-
Main
Living Room
11'10" × 10'
-
Main
Dining Room
7'7" × 6'6"
-
Main
Flex Room
8'11" × 7'6"
-
Floor
Ensuite
Pieces
Other
Main
Yes
4
Age Restrictions:
No
Dist to Public Trans:
1 block
Property Disclosure:
No
Common Walls:
No One Above
Home Owners Association:
No
Original Price:
$368,000
Land Lease:
No
Zoning:
DD
Utilities:
Electricity Connected
Sewer:
Public Sewer
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by RE/MAX Real Estate Services
Data was last updated March 31, 2026 at 08:40 PM (UTC)
Area Statistics
Listings on market:
363
Avg list price:
$797,500
Min list price:
$345,000
Max list price:
$8,800,000
Avg days on market:
53
Min days on market:
1
Max days on market:
729
Avg price per sq.ft.:
$1,066.29
These statistics are generated based on the current listing's property type and located in Downtown VW. Average values are derived using median calculations. This data is not produced by the MLS® system.
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The data relating to real estate on this website comes in part from the MLS® VOW program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB), the BC Northern Real Estate Board (BCNREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB, the BCNREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB, BCNREB or the CADREB.

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.