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.
Address
507 - 1249 Granville Street
List Price
$499,000
Property Type
Residential
Type of Dwelling
Apartment/Condo
Structure Type
Multi Family, Residential Attached
Transaction Type
Sale
Area
Vancouver West
Sub-Area
Downtown VW
Bedrooms
1
Bathrooms
1
Floor Area
538 Sq. Ft.
Main Floor Area
538
Lot Features
Central Location, Marina Nearby, Recreation Nearby
Total Building Area
538
Common Walls
No One Above
Year Built
2003
Maint. Fee
$327.17
MLS® Number
R3131193
Listing Brokerage
Prompton Real Estate Services Inc.
Basement Area
None
Postal Code
V6Z 1M5
Zoning
DD
Ownership
Freehold Strata
Parking
None
Tax Amount
$1,705.70
Tax Year
2025
Pets
Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Site Influences
Central Location, Marina Nearby, No Outdoor Area, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
No Outdoor Area
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features
Elevator
Association
Yes
Board Or Association
Greater Vancouver
Association Amenities
Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Heating
Yes
Heat Type
Baseboard, Electric
Laundry Features
In Unit
Number Of Floors In Property
1
Number Of Floors In Building
6
Window Features
Window Coverings
Security Features
Smoke Detector(s), Fire Sprinkler System
View
Yes
View Type
City
Subdivision Name
The Lex
Open Houses
- June 06, 2:00 PM - 4:00 PM
- June 07, 2:00 PM - 4:00 PM