By car (off-peak)
Sold
2207 1308 Hornby Street, Vancouver, BC
2
Beds
1
Baths
751
sqft
2014
built
307 1249 Granville St, Vancouver BC – Condo for Sale – MLS® R3148352
307 1249 Granville Street, Vancouver, British Columbia V6Z 1M5
86 days on the market
$525,000
Est. Mortgage $2,323/mo
Listing updated:
EstateBlock checked:
The Lex
1
Beds
1
Baths
544
sqft
965
$
/sqft
327.17
$
Maint. fee
2003
built
Photos
Property Details for 307 1249 Granville Street
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
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
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.
About the building: The Lex
1249 Granville Street, Downtown VW, Vancouver
The Lex building detailsBuilding
- Built
- 2003
- Homes
- 45 in 6 storeys
- Construction
- Concrete Block, Concrete
- Title
- Freehold Strata
- Strata plan
- BCS336
- Managed by
- Rancho Management
- Parking
- None, Garage Underbuilding
- Lockers
- Limited
- Strata fee covers
Bylaws on record
- Pets
- Allowed
- Cats and dogs OK, max 2
- Rentals
- Allowed
Market at The Lex
- For sale
- 2
- Median ask
- $582K
- Median $/sqft
- $1,022
- Days on market
- 74
- Sold, past year
- 4
This home
$965/sqft, 5.6% below the building median of $1,022.
From MLS® and public strata records. Verify against the current Form B and registered bylaws.
Map & Neighbourhood
Public Schools
- Elementary
- Elsie Roy Elementary School
- Average 0.61 km
- Secondary
- King George Secondary School
- Average 1.6 km
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
- 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
63 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $589,050
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
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
86 DOM
Downtown VW avg
49 DOM
Vancouver avg
49 DOM
307 1249 Granville Street has a sell-speed score of 63/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 12.2% 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 may take several weeks to attract serious offers.
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
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Fire
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
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS. Nearest station: Vancouver Clark Drive, Vancouver (~4 km). Annual avg AQHI 2.2 — Low Risk.
Heat
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
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
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 · 63 m · Beverages
- Urban choice market · 73 m · Convenience
- 7-eleven · 82 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 · 177 m · Gym
- Harbour dance centre · 512 m · Gym
- Robert lee ymca · 575 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—
|
Distance411 m
|
|
Pattison High School |
Independent |
Grades Served9-12
|
Catchment Info—
|
Distance475 m
|
|
Elsie Roy Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance613 m
|
|
Lowell High School |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance935 m
|
|
The Westside School |
Independent |
Grades ServedK-9
|
Catchment Info—
|
Distance997 m
|
|
False Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.07 KM
|
|
Columbia Academy |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance1.08 KM
|
|
False Creek Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.08 KM
|
|
Madrona School |
Independent |
Grades ServedK-9
|
Catchment Info—
|
Distance1.20 KM
|
|
Franklin School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.20 KM
|
|
Eaton Arrowsmith School (Vancouver) Ltd |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.21 KM
|
|
Lord Strathcona Community Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.24 KM
|
|
Alexander Academy |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance1.32 KM
|
|
Lord Roberts Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.40 KM
|
|
Canada Royal Arts High School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.43 KM
|
|
Sino Bright School BC |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance1.52 KM
|
|
Queen Alexandra Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.55 KM
|
|
St. Lawrence School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.59 KM
|
|
King George Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
Distance1.60 KM
|
|
Henry Hudson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.63 KM
|
|
VISST |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.69 KM
|
|
Century High School |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance1.99 KM
|
|
Blessed Sacrament School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.13 KM
|
|
Lord Tennyson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.28 KM
|
|
St. Augustine's |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.29 KM
|
|
Columbia College |
Independent |
Grades Served11-12
|
Catchment Info—
|
Distance2.40 KM
|
|
St.Patrick Regional Secondary School |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance2.47 KM
|
|
St. John's School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance2.58 KM
|
|
Simon Fraser Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.58 KM
|
|
St Francis Xavier |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.58 KM
|
|
St.Patrick's Elementary School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.59 KM
|
|
St. Francis Xavier |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.59 KM
|
|
St Patrick's |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.66 KM
|
|
Fraser Academy |
Independent |
Grades Served2-12
|
Catchment Info—
|
Distance2.68 KM
|
|
Edith Cavell Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.77 KM
|
|
Mount Pleasant Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.77 KM
|
|
Emily Carr Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.97 KM
|
Pre-computed routes from 307 1249 Granville St, Vancouver, BC
307 1249 Granville St, Vancouver, BC
12 min
Downtown Vancouver
By transit (Skytrain)
-
Downtown Vancouver via Yaletown-Roundhouse → Waterfront12 min
-
Metrotown, Burnaby via Yaletown-Roundhouse → Metrotown30 min
-
SFU Burnaby via Yaletown-Roundhouse → Production Way37 min
-
Richmond Centre via Yaletown-Roundhouse → Brighouse29 min
-
YVR Airport via Yaletown-Roundhouse → YVR-Airport30 min
By car (off-peak)
-
Downtown Vancouver via HWY 1 / Grandview2 min
-
Metrotown, Burnaby via Lougheed Hwy13 min
-
SFU Burnaby via Gaglardi Way18 min
-
Richmond Centre via No. 3 Rd15 min
-
YVR Airport via Bridgeport / Sea Island12 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
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).
$507,000
-6.3% YoY
+3.6%/yr over 4 yr
2022
Value Trend
2026
| 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
/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.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Investment Cashflow Calculator
/month
Mortgage Payment
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
—
/ month
Principal: —
Interest, tax, insurance, fees: —
Rent vs own
—
Principal paid off by year 5
—
Principal paid off by year 10
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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.
Price vs Neighbourhood Average — Downtown VW, Vancouver
This Home
$525,000
Vancouver
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Downtown VW
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Based on 223 comparable active apartments/condos in Downtown VW, the average asking price is $598,171. This listing is priced 12.2% below the neighbourhood average.
Data is based on list prices of similar active listings. 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
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
