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507 - 1249 Granville Street
Downtown VW, Vancouver, BC
Details
Description
Rare opportunity to own a short-term rental-friendly property in the heart of Downtown Vancouver. Welcome to The Lex on Granville, a standout investment opportunity where Airbnb and all rental types are permitted. This bright and efficiently designed 1 Bed + Den offers 538 sq ft of functional open-concept living, complete with a versatile flex space ideal for a home office or owner storage. Located just steps from Skytrain, restaurants, entertainment, shopping, and everyday conveniences, this prime downtown location attracts strong year-round demand. Whether you''re looking to generate short-term rental income, or own a downtown home with exceptional flexibility, this property offers a rare combination of location, value, and income potential. Book your private showing today!
Features
Site Influences
Location
Technical Information
| MLS® # | R3131193 |
| Property Type | Apartment |
| Dwelling Type | Apartment Unit |
| Home Style | Multi Family,Residential Attached |
| Kitchens | 1 |
| Year Built | 2003 |
| Parking | None |
| Tax | $1,706 in 2025 |
| Strata No | BCS336 |
| Complex Name | The Lex |
| Strata Fees | $327 |
Floor Area (sq. ft.)
| Main Floor | 538 |
| Above | 538 |
| Total | 538 |
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| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 06/02/2026 |
This Property |
1 | 1 | 1 | $499,000 | Login to View | 24 | 1 | 2003 | 538 sqft | N/A |
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| 04/30/2026 | 2808 108 W Cordova Street |
1 | 1 | 1 | $549,000 | Login to View | 57 | 1 | 2009 | 570 sqft | N/A |
| 04/07/2026 | 1707 1295 Richards Street |
1 | 1 | 1 | $560,000 | Login to View | 80 | 1 | 2002 | 550 sqft | N/A |
Recently Sold Condos In Downtown VW, Vancouver
| Date | Address | Bed | Bath | Kitchen | Asking Price | Sold Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 06/19/2026 |
2002 1295 Richards Street |
1 | 1 | 1 | Login to View | ( -12.6%) | Login to View | 17 | 1 | 2002 | 547 sqft | N/A |
| 06/17/2026 |
1911 833 Seymour Street |
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| 06/13/2026 |
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| 06/13/2026 |
901 565 Smithe Street |
2 | 2 | 1 | Login to View | ( 2.2%) | Login to View | 4 | 1 | 2009 | 761 sqft | N/A |
| 06/12/2026 |
405 789 Drake Street |
1 | 1 | 1 | Login to View | ( -5.5%) | Login to View | 144 | 1 | 1990 | 584 sqft | N/A |
| 06/12/2026 |
708 1188 Howe Street |
2 | 2 | 1 | Login to View | ( -4.5%) | Login to View | 24 | 1 | 1994 | 775 sqft | N/A |
| 06/10/2026 |
503 1155 Seymour Street |
1 | 1 | 1 | Login to View | ( -1.2%) | Login to View | 6 | 1 | 2005 | 521 sqft | N/A |
| 06/10/2026 |
1104 833 Seymour Street |
1 | 1 | 1 | Login to View | ( -5.1%) | Login to View | 70 | 1 | 2010 | 682 sqft | N/A |
| 06/09/2026 |
1901 565 Smithe Street |
2 | 2 | 1 | Login to View | ( -3.0%) | Login to View | 12 | 1 | 2009 | 757 sqft | N/A |
| 06/08/2026 |
310 1177 Hornby Street |
1 | 1 | 1 | Login to View | ( -3.2%) | Login to View | 7 | 1 | 1994 | 637 sqft | N/A |
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouve and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.