507 - 1249 Granville Street, Downtown VW, Vancouver, V6Z 1M5
1 Bath · MLS: R3131193
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!
Strata ByLaws
History
About Downtown VW, Vancouver — Condos Market
Over the past 12 months, 517 condos have sold in Downtown VW, Vancouver, with properties spending an average of 45 days on market. Sign in to view sold price data.
There are currently 346 other condos for sale in Downtown VW. Browse all Downtown VW condos for sale.
Amenities
Features
Site Influences
Property 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 |
| Postal Code | V6Z 1M5 |
| Complex Name | The Lex |
| Strata Fees | $327 |
| Address | 507 - 1249 Granville Street |
| Subarea | Downtown VW |
| City | Vancouver |
| Listed By | Prompton Real Estate Services Inc. |
Floor Area (sq. ft.)
| Main Floor | 538 |
| Above | 538 |
| Total | 538 |
Location
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 05/27/2026 | 2908 108 W Cordova Street |
1 | 1 | 1 | $499,000 | Login to View | 63 | 1 | 2009 | 577 sqft | N/A |
| 05/15/2026 | 2010 438 Seymour Street |
1 | 1 | 1 | $521,000 | Login to View | 75 | 1 | 1996 | 540 sqft | N/A |
| 06/14/2026 | 806 1330 Burrard Street |
1 | 1 | 1 | $488,500 | Login to View | 45 | 1 | 1978 | 536 sqft | N/A |
| 02/04/2026 | 710 1189 Howe Street |
1 | 1 | 0 | $489,900 | Login to View | 175 | 5 | 1999 | 412 sqft | N/A |
| 07/21/2026 | 1403 888 Homer Street |
1 | 1 | 1 | $499,000 | Login to View | 8 | 1 | 2011 | 533 sqft | N/A |
| 05/06/2026 | 1506 108 W Cordova Street |
1 | 1 | 1 | $488,000 | Login to View | 84 | 1 | 2009 | 560 sqft | N/A |
| 10/27/2025 | 810 438 Seymour Street |
1 | 1 | 1 | $499,900 | Login to View | 275 | 1 | 1997 | 538 sqft | N/A |
| 06/08/2026 | 1701 438 Seymour Street |
1 | 1 | 1 | $495,000 | Login to View | 51 | 1 | 1996 | 535 sqft | N/A |
| 07/20/2026 | 1611 777 Richards Street |
1 | 1 | 1 | $515,000 | Login to View | 9 | 1 | 2016 | 475 sqft | N/A |
| 06/08/2026 | 710 550 Taylor Street |
1 | 1 | 1 | $488,000 | Login to View | 51 | 1 | 2005 | 578 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | Sold Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 07/07/2026 | This Property | 1 | 1 | 1 | Login to View | Login to View | Login to View | 35 | 1 | 2003 | 538 sqft | N/A |
| 07/15/2026 | 2005 837 W Hastings Street |
2 | 2 | 1 | $998,000 | $978,000 (-2.0%) | Login to View | 18 | 1 | 1998 | 1,287 sqft | N/A |
| 07/13/2026 | 701 819 Hamilton Street |
1 | 1 | 1 | $529,900 | $529,900 (0.0%) | Login to View | 5 | 1 | 1998 | 619 sqft | N/A |
| 07/11/2026 | 1102 1082 Seymour Street |
1 | 1 | 1 | $599,900 | $592,500 (-1.2%) | Login to View | 4 | 1 | 2006 | 712 sqft | N/A |
| 07/09/2026 | 1104 789 Drake Street |
1 | 1 | 1 | $475,000 | $437,000 (-8.0%) | Login to View | 51 | 1 | 1990 | 682 sqft | N/A |
| 07/07/2026 | 908 1238 Seymour Street |
1 | 1 | 0 | $699,900 | $688,000 (-1.7%) | Login to View | 7 | 2 | 1996 | 828 sqft | N/A |
| 07/04/2026 | 1803 999 Seymour Street |
2 | 1 | 0 | $739,000 | $710,000 (-3.9%) | Login to View | 53 | 1 | 2014 | 716 sqft | N/A |
| 06/30/2026 | 1201 1068 Hornby Street |
1 | 1 | 1 | $523,900 | $520,000 (-0.7%) | Login to View | 27 | 1 | 2000 | 560 sqft | N/A |
| 06/26/2026 | 2508 833 Seymour Street |
1 | 1 | 1 | $588,000 | $550,000 (-6.5%) | Login to View | 25 | 5 | 2011 | 587 sqft | N/A |
| 06/23/2026 | 2807 1111 Richards Street |
3 | 3 | 1 | $1,599,900 | $1,500,000 (-6.2%) | Login to View | 273 | 1 | 2021 | 1,266 sqft | N/A |
| 06/12/2026 | 405 789 Drake Street |
1 | 1 | 1 | $365,000 | $345,000 (-5.5%) | Login to View | 144 | 1 | 1990 | 584 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 hours ago | 2702 667 Howe Street |
2 | 2 | 1 | $1,799,000 | Login to View | 0 | 1 | 2012 | 1,488 sqft | N/A |
| 3 hours ago | 1207 889 Pacific Street |
2 | 2 | 1 | $1,095,000 | Login to View | 1 | 1 | 2021 | 820 sqft | N/A |
| 1 day ago | 1806 128 W Cordova Street |
2 | 2 | 1 | $929,000 | Login to View | 1 | 1 | 2009 | 1,151 sqft | N/A |
| 1 day ago | 407 950 Drake Street |
1 | 1 | 1 | $399,000 | Login to View | 1 | 1 | 1977 | 551 sqft | N/A |
| 1 day ago | 2204 183 Keefer Place |
3 | 2 | 1 | $1,055,000 | Login to View | 1 | 1 | 1996 | 1,196 sqft | N/A |
| 1 day ago | 2504 565 Smithe Street |
2 | 2 | 1 | $795,000 | Login to View | 1 | 1 | 2009 | 818 sqft | N/A |
| 1 day ago | 3603 938 Nelson Street |
5 | 7 | 1 | $6,990,000 | Login to View | 2 | 1 | 2002 | 4,674 sqft | N/A |
| 1 day ago | 3002 667 Howe Street |
2 | 2 | 1 | $1,990,000 | Login to View | 2 | 1 | 2012 | 1,482 sqft | N/A |
| 1 day ago | 1503 833 Seymour Street |
2 | 2 | 1 | $1,028,000 | Login to View | 2 | 1 | 2011 | 1,003 sqft | N/A |
| 2 days ago | 3504 1283 Howe Street |
2 | 2 | 1 | $818,000 | Login to View | 2 | 5 | 2019 | 741 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 hours ago | 208 1616 Columbia Street |
1 | 1 | 1 | $798,000 | Login to View | 0 | 1 | 2010 | 680 sqft | N/A |
| 3 hours ago | 105 5735 Hampton Place |
1 | 1 | 1 | $699,000 | Login to View | 0 | 1 | 1995 | 775 sqft | N/A |
| 7 hours ago | 1103 4815 Eldorado Mews |
1 | 1 | 1 | $475,000 | Login to View | 0 | 1 | 2013 | 544 sqft | N/A |
| 3 hours ago | 2301 1028 Barclay Street |
1 | 1 | 1 | $738,000 | Login to View | 1 | 1 | 2011 | 668 sqft | N/A |
| 5 hours ago | 3406 1111 Alberni Street |
1 | 1 | 1 | $949,000 | Login to View | 1 | 1 | 2008 | 730 sqft | N/A |
| 6 hours ago | 1401 1420 W Georgia Street |
1 | 1 | 1 | $548,000 | Login to View | 1 | 1 | 2002 | 536 sqft | N/A |
| 1 day ago | 2607 928 Beatty Street |
1 | 1 | 1 | $699,900 | Login to View | 1 | 1 | 2005 | 619 sqft | N/A |
| 2 days ago | 607 5728 Berton Avenue |
1 | 1 | 1 | $688,000 | Login to View | 2 | 1 | 2013 | 586 sqft | N/A |
| 2 days ago | 2508 33 Smithe Street |
1 | 1 | 1 | $759,000 | Login to View | 2 | 1 | 2008 | 693 sqft | N/A |
| 2 days ago | 1 1177 W 8th Avenue |
1 | 1 | 1 | $739,000 | Login to View | 2 | 0 | 1996 | 707 sqft | N/A |
Condo for Sale in Downtown VW, Vancouver
Condo in Downtown VW, Vancouver. This 1 bedroom, 1 bathroom condo offers 538 sq ft of living space ($920/sq ft) and was built in 2003. Located in the The Lex complex in Downtown VW, Vancouver. Home style: Multi Family,residential Attached. Parking: None. Outdoor: Shopping Nearby, No Outdoor Area, Central Location, Marina Nearby. Building amenities include Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities. Property features include Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Smoke Detector(s). View: City. Strata bylaws: Cats Ok, Dogs Ok, Number Limit (two), Pets Allowed W/rest. Monthly strata fees are $327. Annual property taxes: $1,706 (2025). Listed by Prompton Real Estate Services Inc. — MLS® #R3131193.
Frequently Asked Questions About 507 - 1249 Granville Street
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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of BC Condos & Homes - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC
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