507 - 1249 Granville Street, Vancouver

The Lex in Downtown, Central, Vancouver

507 - 1249 Granville Street
507 - 1249 Granville Street
507 - 1249 Granville Street
+17
1
 bed
1
 bath
0
 parking
538
 sqft
Condo Apt
* This unit size is calculated from condos.ca data
$499,000
For Sale
42 days
 on site
$499,000
* This unit size is calculated from condos.ca data
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Maintenance fees
$327.17
Locker
None
Exposure
-
Possession
-
Price per sqft
$928
Taxes
$1,705.7 (2025)
Outdoor space
-
Age of building
23 years old
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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!
Broker: Prompton Real Estate Services Inc.
MLS®#: R3131193
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Property details
Neighbourhood:
Downtown
Parking:
-
Parking type:
None
Property type:
Condo Apt
Heating type:
Baseboard,
Style:
Apartment/Condo
Ensuite laundry:
No
MLS Size:
538 sqft
Listed on:
Jun 2, 2026
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Rooms
NameSizeFeatures
Foyer
4.50 x 6.08 ft
Den
3.08 x 5.25 ft
Bedroom
8.33 x 10.08 ft
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Instant estimate:
orto view instant estimate
$1,064
lower than listed price
i
High
$518,683
Mid
$497,936
Low
$471,613
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Included in Maintenance Fees

Water
The Lex

The Lex

1249 Granville St

For sale 1
|
For rent 0
1102 - 1212 Howe Street
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1BA
1 Parking
585 sqft
Maint. Fee $442
MLS#: R3144902
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Oakwyn Realty Ltd.
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2206 - 1255 Seymour Street
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22 days
2206 - 1255 Seymour Street
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Maint. Fee $388
MLS#: R3138879
Oakwyn Realty Ltd.
22 days
2204 - 1255 Seymour Street
1/30
$544,900
22 days
2204 - 1255 Seymour Street
1BD
1BA
1 Parking
493 sqft
Maint. Fee $371
MLS#: R3138417
Real Broker
22 days

About 507 - 1249 Granville Street

507 - 1249 Granville Street is a Vancouver condo for sale. It has been listed at $499000 since June 2026. This 538 sqft condo has 1 bed and 1 bathroom. Situated in Vancouver's Downtown neighbourhood, Davie Village, Yaletown, False Creek and West End are nearby neighbourhoods.

Looking for your next favourite place to eat? There is a lot close to The Lex.Grab your morning coffee at Tim Hortons located at 756 Davie St. Groceries can be found at B C Produce which is only steps away and you'll find Yale Medical Centre only steps away as well. Entertainment around The Lex is easy to come by, with Vancity Theatre, Vogue Theatre and Cinematheque a 3-minute walk. Love being outside? Look no further than Emery Barnes Park and May & Lorne Brown Park, which are both only steps away.

Transit riders take note, The Lex is only steps away to the closest public transit Bus Stop (Southbound Granville St @ Davie St) with route Powell/downtown/ubc, route Nanaimo Station/dunbar, and more.

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association.