5 days on Market

507 - 1249 GRANVILLE STREET, Vancouver, British Columbia V6Z1M5

Condo
1
1
~538 sqft
$499,000
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Condo
1
1
~538 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$927/sqft

Monthly cost

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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 square 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. (id:39198)


Property Details

StyleApartment
ViewView
Age of property2003
SqFt~538 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberR3131193
Community NameDowntown Peninsula
Data SourceCREA
Listing byPrompton Real Estate Services Inc.

Features

Heating: Baseboard heaters, Electric

Amenities

Exercise Centre, Laundry - In Suite

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 2, 2026
ListedActive
$499,000
5 days on market
history photo preview20
Listing by crea®
Property listed by Prompton Real Estate Services Inc., Brokerage
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Population and Demographics

Overview

Total population 103733
Average household income $137,560

Age (%)

0 to 19
8%
20 to 34
35%
35 to 49
26%
50 to 64
18%
65 and plus
14%

Household composition (%)

Single person
55%
Single family
37%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
6%
Iranian Persian
6%
Spanish
5%
Yue (Cantonese)
3%
Korean
3%
French
3%
Russian
2%
Japanese
2%
Portuguese
2%
Others
1%

House tenancy (%)

Renters
69%
Owners
31%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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