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NEXT Open House + more
Jun 06, 2026 02:00 PM - 04:00 PM PDT

507 1249 Granville Street
Downtown VW Vancouver V6Z 1M5

$499,000
Residential beds: 1 baths: 1.0 538 sq. ft. built: 2003

Main Photo: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 1: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 2: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 3: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 4: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 5: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 6: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 7: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 8: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 9: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 10: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 11: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 12: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 13: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 14: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 15: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 16: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 17: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 18: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 19: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Photo 20: 507 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3131193
Open House - Jun 06, 2026
02:00 PM - 04:00 PM PDT
NOTES: Open House on Saturday, June 6, 2026 2:00PM - 4:00PM
Open House - Jun 07, 2026
02:00 PM - 04:00 PM PDT
NOTES: Open House on Sunday, June 7, 2026 2:00PM - 4:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
R3131193
Bedrooms:
1
Bathrooms:
1
Year Built:
2003
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. Open House - Saturday/Sunday, June 6/7, 2-4pm.
Property Type:
Residential
Dwelling Type:
Apartment/Condo
Home Style:
Common Walls - No One Above
Ownership:
Freehold Strata
Common Interest:
Condominium
Manufactured Type:
Year built:
2003 (Age: 23)
Living Area:
538 sq. ft.
Floor Area - Unfinished:
Floor Area - Detached 2nd Residence:
Building Area - Total:
538 sq. ft.
Rainscreen:
Bedrooms:
1 (Above Grd: 1)
Bathrooms:
1.0 (Full:1/Half:0)
Kitchens:
Rooms:
Num Storeys:
6
Taxes:
$1,705.7 / 2025
Lot Features:
Central Location, Marina Nearby, Recreation Nearby
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
No Outdoor Area
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
BCS336
Name of Complex/Subdivision:
The Lex
Construction Materials:
Brick, Concrete, Brick (Exterior), Concrete (Exterior)
Foundation:
Basement:
Full Height:
Crawl Height:
Roof:
No. Floor Levels:
1.0
Floor Finish:
Floor Area Fin - Above Grade:
Floor Area Fin - Above Main:
0 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
538 sq. ft.
Floor Area Fin - Below Main:
Floor Area Fin - Below Grade:
Floor Area Fin - Basement:
Floor Area Fin - Total:
538 sq. ft.
Heating:
Parking Features:
None
Parking:
None
# Of Parking Spaces - Total:
# Of Covered Spaces:
Parking Total/Covered:
0 / 0
Flood Plain:
Suite:
STR, AIRBNB, VRBO
Elevator
No Outdoor Area
Laundry In Unit, Exercise Centre, Recreation Facilities, Elevator
City
Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Shopping Nearby
Smoke Detector(s), Fire Sprinkler System
1
Window Coverings, Smoke Detector(s), Fire Sprinkler System
Dishwasher, Refrigerator, Microwave, Laundry In Unit, Exercise Centre, Elevator
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
In Unit
Window Coverings
Floor
Type
Size
Other
Main
Main
Main
Main
Main
Main
Floor
Ensuite
Pieces
Other
Main
Council Approval:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Association Fee:
$327.17
Age Restrictions:
No
Tax Utilities Included:
false
By-Law Restrictions:
Pets Allowed With Restrictions, Rentals Allwd w/Restrctns
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Common Walls:
No One Above
Pets Allowed:
Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Cats:
Cats OK
Dogs:
Dogs OK
# Units in Development:
45
Home Owners Association:
Yes
Previous Price:
Original Price:
Land Lease:
No
Zoning:
Access to property:
Utilities:
Electricity Connected, Water Connected
Telephone Service:
Fencing:
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Plumbing Details:
Sketch Attached:
Restrictions:
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Virtual Tour

Listed by Prompton Real Estate Services Inc.
Data was last updated June 2, 2026 at 11:35 PM (UTC)
Area Statistics
Listings on market:
394
Avg list price:
$749,650
Min list price:
$299,000
Max list price:
$8,800,000
Avg days on market:
50
Min days on market:
1
Max days on market:
622
Avg price per sq.ft.:
$1,045.18
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.
Kerry Batt
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.