Governor's Tower stands on Drake Street near the False Creek waterfront in Yaletown, a 1995 tower with a fitness centre, an indoor pool, a sauna, steam room, and hot tub, and a meeting room. The seawall and George Wainborn Park are a short walk away, opening onto the waterfront promenade and the Aquabus to Granville Island. Yaletown's restaurants and boutiques along Mainland and Hamilton Streets sit just inland, Urban Fare groceries handles daily needs, and the Yaletown-Roundhouse Canada Line station links downtown and the airport without a car. With resort-style amenities near the water, Governor's Tower offers comfortable, central Yaletown living.
1
For Rent
1
Currently Rented
5
Total Managed
Governer's Tower
388 Drake Street
Yaletown, Vancouver Downtown, BC
V6B 6A8
Year Built1995
Suites135
Levels12
ConstructionConcrete
Amenities
🏊 Indoor Pool♨️ Hot Tub🧖 Sauna💨 Steam Room💪 Gym / Fitness♿ Wheelchair Access🔒 Gated / Controlled🚇 Near Transit📋 Meeting Room
Assessed value: City of Vancouver 2026 roll, all strata lots. Other figures: BC Assessment, 2026.
Governer's Tower Assessed Value History
2006
$69.4M
2026
$186.8M
Change
+169%
20062026
Total building assessed value (land + improvements, all units) per City of Vancouver assessment rolls, 2006-2026.
Recent Building Permits at Governer's Tower
Aug 2025
Addition / Alteration · $225,000
Direct to Inspections - Addition / Alteration - #2701 - Interior alterations to provide residential improvements to unit 2701 on level 24 of this existing mixed…
Jun 2024
Addition / Alteration · $95,650
Direct to Inspections - Addition / Alteration - #601 Interior alterations to provide improvements to dwelling unit #601 on the 6th floor of this multiple dwelli…
Apr 2024
Addition / Alteration · $150,000
Direct to Inspections - Addition / Alteration - #606 Interior alterations to provide improvements to dwelling unit #606 on the 6th floor of this multiple dwelli…
Mar 2024
Addition / Alteration · $450,000
Direct to Inspections - Addition / Alteration - #3203 Interior alterations to provide improvements to dwelling unit #3202 on the 29th and 30th floors of this mu…
Aug 2023
Addition / Alteration · $128,000
Direct to Inspections - Addition / Alteration - #1803 Interior alterations to provide improvements to dwelling unit #1803 on the 18th floor of this existing mul…
Source: City of Vancouver issued building permits, open data. A history of permitted work is a sign of an actively maintained building.
About Yaletown
Yaletown is Vancouver's warehouse-district-turned-waterfront neighbourhood, on the north shore of False Creek between Beatty and Drake Streets. Its heart is the heritage core along Mainland and Hamilton Streets, where brick-and-timber warehouses and their raised loading docks now hold restaurants, patios, cafes, and boutiques. South of that, glass towers built atop the former rail yards line the Marinaside seawall, with David Lam and George Wainborn parks, the marina, and the Aquabus ferries to Granville Island along the water. Day to day it is highly walkable: Urban Fare covers groceries, Emery Barnes Park gives the centre a green square, and the Roundhouse Community Centre anchors community life. Transit is excellent - the Yaletown-Roundhouse Canada Line station links downtown, the airport, and Richmond without a car, and BC Place and Rogers Arena sit just across the eastern edge.
Governer's Tower has 135 suites across 12 storeys.
Are pets allowed in Governer's Tower?
Pet policies at Governer's Tower are set per unit by each owner - many of our rentals here welcome pets on approval. Check the individual listing or call us at 604-984-7368.
How much does it cost to rent in Governer's Tower?
Based on our rental history at Governer's Tower, monthly rents range from about $2,100 to $4,900 depending on size, floor and furnishing.
What is Governer's Tower's assessed value?
Per the 2026 City of Vancouver assessment roll, Governer's Tower (all strata lots, land and improvements) has a total assessed value of $186,759,000.
How has Governer's Tower's value changed over time?
City of Vancouver assessment rolls show Governer's Tower's total assessed value went from $69.4M in 2006 to $186.8M in 2026 - a change of +169%.
Are there rentals available in Governer's Tower right now?
Yes - we currently have 1 rental available at Governer's Tower. See the listings above or call 604-984-7368 to book a viewing.
