Home Vancouver, BC Downtown VW The Lex 307 1249 Granville Street

307 1249 Granville St, Vancouver BC - Apartment/Condo for Sale - MLS# R3148352

60 days on the market

$525,000

Est. Mortgage $2,323/mo

Listing updated: Sep 8, 2026 at 12:26pm

EstateBlock checked: Sep 18, 2026 at 09:45am

The Lex

1 Beds

1 Baths

544 sqft

965 $ /sqft

327.17 $ Maint. fee

2003 built

15.7% cheaper than comps

60 days on the market

$525,000

Est. $2,323/mo with 20% down

Listing updated: Sep 8, 2026 at 12:26pm

EstateBlock checked: Sep 18, 2026 at 09:45am

Photos

Exterior Front Photo of 307 1249 Granville Street, Vancouver, BC

Exterior Rear Photo of 307 1249 Granville Street, Vancouver, BC

Living Room Photo of 307 1249 Granville Street, Vancouver, BC

Family Room Photo of 307 1249 Granville Street, Vancouver, BC

Dining Area Photo of 307 1249 Granville Street, Vancouver, BC

Kitchen Photo of 307 1249 Granville Street, Vancouver, BC

Kitchen Island Photo of 307 1249 Granville Street, Vancouver, BC

Pantry Photo of 307 1249 Granville Street, Vancouver, BC

Breakfast Nook Photo of 307 1249 Granville Street, Vancouver, BC

Primary Bedroom Photo of 307 1249 Granville Street, Vancouver, BC

Primary Bathroom Photo of 307 1249 Granville Street, Vancouver, BC

Walk-In Closet Photo of 307 1249 Granville Street, Vancouver, BC

Bedroom 2 Photo of 307 1249 Granville Street, Vancouver, BC

Bedroom 3 Photo of 307 1249 Granville Street, Vancouver, BC

Bedroom 4 Photo of 307 1249 Granville Street, Vancouver, BC

Guest Bathroom Photo of 307 1249 Granville Street, Vancouver, BC

Powder Room Photo of 307 1249 Granville Street, Vancouver, BC

Office / Den Photo of 307 1249 Granville Street, Vancouver, BC

Loft / Bonus Room Photo of 307 1249 Granville Street, Vancouver, BC

Basement Recreation Room Photo of 307 1249 Granville Street, Vancouver, BC

Laundry Room Photo of 307 1249 Granville Street, Vancouver, BC

Mudroom Photo of 307 1249 Granville Street, Vancouver, BC

Entry Foyer Photo of 307 1249 Granville Street, Vancouver, BC

Hallway Photo of 307 1249 Granville Street, Vancouver, BC

Staircase Photo of 307 1249 Granville Street, Vancouver, BC

This bright condo offers exceptional value, perfect for savvy first time buyers or investors. Short-term rentals are permitted, making this an excellent investment opportunity with increased demand for lodging in the city during major events and peak travel periods. The open-concept layout includes a flexible space ideal for a home office or in-suite storage, huge closet & interior bedroom with windows. Floor to Ceilings windows flood the unit with natural light, & updates like countertops & new appliances. Located in a highly convenient area, with easy access to SkyTrain, major bus routes & beach district. Pet-friendly, with no rental restrictions, and a potential parking spot available for rent. Easy to view by appointment, don't miss out!

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator
Heating Type	Baseboard
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate, Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	No Outdoor Area
View Description	City
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$525,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	544
Year Built	2003
Age Of Building	23
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Exercise Centre, Trash, Hot Water, Sewer, Snow Removal
Building Name	The Lex
Ownership Type	Freehold Strata
Maintenance Fee	$327.17
Community Features	Shopping Nearby
Amenities Nearby	Exercise Centre, Trash, Hot Water, Sewer, Snow Removal
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	None
Total Parking Spaces	0
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development	45

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3148352
Area	Vancouver West
Neighbourhood	Downtown VW
City	Vancouver
Postal Code	V6Z 1M5
Gross Taxes	$1,687
Zoning	DD

Property Timeline

Status	Date	Price
R3148352 / Active	07-20-2026	$525,000
to view full Property History (2 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Foyer	6'1 x 6'1 ft
Main Level	Storage	5'6 x 5'6 ft
Main Level	Bedroom	8'5 x 8'5 ft
Main Level	Kitchen	13'5 x 13'5 ft
Main Level	Living Room	14'2 x 14'2 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Engel & Volkers Vancouver & Engel & Volkers Vancouver

NOTE: 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.

Map & Neighbourhood

Public Schools

Elementary
Elsie Roy Elementary School: Average 0.61 km 6.8/10
Secondary
King George Secondary School: Average 1.6 km 6.2/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Claren Academy: Above Average 0.41 km 9/10
Secondary
Pattison High School: 0.48 km

Closest Transit

Bus Stop
Southbound Granville St @ Davie St: 0.02 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 0.45 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Above Average

Demographics

Post-Secondary Education: Above Average 47%
No Certificate/Degree: Below Average 4.8%
Owner Occupied: Average 72.8%
Employment Rate: Below Average 24.4%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

71 / 100

Overall sell-speed score

Likely within weeks

Price competition grade

Avg comparable: $607,425

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.45 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How DOWNTOWN VW compares

This property

60 DOM

Average

Downtown VW avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

307 1249 Granville Street has a sell-speed score of 71/100, placing it in the "Expected to sell within weeks" band. The listing is priced 15.7% below comparable active properties in Downtown VW, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 16.1% and an area average of 49 days on market — conditions are balanced. With only 1245 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V6Z 1M5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6Z 1M5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~4 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (354 nearby)

Minoko · 8 m · Beauty Shop
Hertz · 49 m · Car Rental
Yale i.d.a. pharmacy · 63 m · Pharmacy

Restaurants (317 nearby)

Subway · 14 m · Fast Food
Sake dining - hashigo · 37 m · Restaurant
Tequila cocina · 49 m · Restaurant

Cafes (100 nearby)

Blenz coffee · 62 m · Cafe
Tim hortons · 91 m · Cafe
Honeybrew strudel bar · 113 m · Cafe

Groceries (76 nearby)

Spirit of howe · 60 m · Beverages
Urban choice market · 74 m · Convenience
7-eleven · 81 m · Convenience

Healthcare (14 nearby)

Yale i.d.a. pharmacy · 63 m · Healthcare
Shoppers drug mart · 127 m · Healthcare
Granville pharmacy · 161 m · Healthcare

Gyms (4 nearby)

Baza dance studios · 178 m · Gym
Harbour dance centre · 515 m · Gym
Robert lee ymca · 576 m · Gym

Transit (3 nearby)

Skytrain @ yaletown-roundhouse stn station · 449 m · Transit
Bus stop southbound howe st @ robson st · 705 m · Transit
Skytrain @ vancouver city centre stn station · 895 m · Transit

Schools NearBy

37 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 411 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 475 m
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.8 / 10	Distance 613 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 935 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 997 m
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.07 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.08 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.08 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.20 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.20 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 1.21 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 1.24 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.32 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.40 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.43 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 1.52 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.55 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 1.59 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.2 / 10	Distance 1.60 KM
Henry Hudson Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.63 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 1.69 KM
Century High School	Independent	Grades Served 10-12	Catchment Info —	5.7 / 10	Distance 1.99 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.13 KM
Lord Tennyson Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.28 KM
St. Augustine's	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.29 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 2.40 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.47 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.58 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.58 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.58 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.59 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.59 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.66 KM
Fraser Academy	Independent	Grades Served 2-12	Catchment Info —	6.2 / 10	Distance 2.68 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.77 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.77 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.97 KM

Pre-computed routes from 307 1249 Granville St, Vancouver, BC

307 1249 Granville St, Vancouver, BC Yaletown-Roundhouse 0.4 km

12 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Yaletown-Roundhouse → Waterfront
12 min
Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown
30 min
SFU Burnaby via Yaletown-Roundhouse → Production Way
37 min
Richmond Centre via Yaletown-Roundhouse → Brighouse
29 min
YVR Airport via Yaletown-Roundhouse → YVR-Airport
30 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
2 min
Metrotown, Burnaby via Lougheed Hwy
13 min
SFU Burnaby via Gaglardi Way
18 min
Richmond Centre via No. 3 Rd
15 min
YVR Airport via Bridgeport / Sea Island
12 min

Calculate your commute

307 1249 Granville St, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Yaletown-Roundhouse, with a 12 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Granville St @ Davie St (0.02 km). Walk Score Transit rating: Rider's Paradise (97/100).

Walkability & Transit Near 307 1249 Granville Street

Car-Dependent 99

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 97

Transit Score - Rider's Paradise

World-class public transportation

Somewhat
Bikeable 90

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 307 1249 Granville Street

2026 assessed value, sourced from City of Vancouver open data (PID 025-637-738).

Total Assessed Value (2026)

$507,000

-6.3% YoY

+3.6%/yr over 4 yr

2022 Value Trend 2026

Land

$346,000

Buildings

$161,000

Year Built

2003

Class

Comprehensive Development

Zoning

Property Tax

$1,706

Year	Land	Improvements	Total Assessed	YOY Change
2026	$346,000	$161,000	$507,000	-6.3%
2025	$369,000	$172,000	$541,000	+0.9%
2024	$366,000	$170,000	$536,000	+6.9%
2023	$334,492	$167,000	$501,492	+14.0%
2022	$286,000	$154,000	$440,000	—

Mortgage Calculator for 307 1249 Granville Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $141

Maintenance fee 327.17

A 20% down payment of $105,000 on this $525,000 listing yields an estimated mortgage of $2,005/month (30-year fixed, 4%). Total estimated housing cost: $2,473/month, $141 property tax, $327 maintenance fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: Sep 8, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

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Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $1,895/month in estimated rental income against $2,525/month in mortgage payments, the monthly cashflow is -$630/month. A 46% down payment would reach break-even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 307 1249 Granville Street, Vancouver

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.