Home Vancouver, BC Downtown VW The Lex 602 1249 Granville Street

602 1249 Granville St, Vancouver BC - Apartment/Condo for Sale - MLS# R3156380

5 days on the market

$639,000

Est. Mortgage $2,827/mo

Listing updated: Aug 17, 2026 at 03:04pm

EstateBlock checked: Aug 18, 2026 at 05:45am

The Lex

1 Beds

1 Baths

592 sqft

1079 $ /sqft

361.25 $ Maint. fee

2003 built

5 days on the market

$639,000

Est. $2,827/mo with 20% down

Listing updated: Aug 17, 2026 at 03:04pm

EstateBlock checked: Aug 18, 2026 at 05:45am

Photos

Exterior Front Photo of 602 1249 Granville Street, Vancouver, BC

Exterior Rear Photo of 602 1249 Granville Street, Vancouver, BC

Living Room Photo of 602 1249 Granville Street, Vancouver, BC

Family Room Photo of 602 1249 Granville Street, Vancouver, BC

Dining Area Photo of 602 1249 Granville Street, Vancouver, BC

Kitchen Photo of 602 1249 Granville Street, Vancouver, BC

Kitchen Island Photo of 602 1249 Granville Street, Vancouver, BC

Pantry Photo of 602 1249 Granville Street, Vancouver, BC

Breakfast Nook Photo of 602 1249 Granville Street, Vancouver, BC

Primary Bedroom Photo of 602 1249 Granville Street, Vancouver, BC

Experience downtown living where the city itself is the amenity. Located at 1249 Granville Street, this 1-bedroom, 1-bathroom home places Vancouver's best restaurants, cafés, shopping, entertainment & transit just steps away. One of the few buildings that permits Airbnb, it offers exceptional flexibility for investors or those seeking income potential, while also making an ideal pied-à-terre or full-time residence. Facing the quiet side of the building, you'll enjoy a more peaceful setting along with your own private outdoor space a rare feature not found in every unit. Thoughtfully designed to maximize functionality in one of Vancouver's most walkable locations, this is an opportunity to own in the heart of downtown while enjoying the flexibility today's buyers are looking for.

Interior Features

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

Exterior Features

Exterior Features	Balcony
View Description	City
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$639,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	592
Year Built	2003
Age Of Building	23
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Exercise Centre, Trash, Management, Recreation Facilities, Snow Removal, Water
Building Name	The Lex
Ownership Type	Freehold Strata
Maintenance Fee	$361.25
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Exercise Centre, Trash, Management, Recreation Facilities, Snow Removal, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Underground, Lane Access
Total Parking Spaces	1
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^® #	R3156380
Area	Vancouver West
Neighbourhood	Downtown VW
City	Vancouver
Postal Code	V6Z 1M5
Gross Taxes	$2,031.82
Zoning	DD

Property Timeline

Status	Date	Price
R3156380 / Active	08-13-2026	$639,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	8'5 x 8'5 ft
Main Level	Kitchen	8' x 8' ft
Main Level	Primary Bedroom	9'1 x 9'1 ft
Main Level	Den	7'1 x 7'1 ft
Main Level	Foyer	3'9 x 3'9 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Oakwyn Realty Ltd.

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: 0.47 km

Closest Transit

Bus Stop
Southbound Granville St @ Davie St: 0.01 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn: 0.44 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

53 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $603,216

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.44 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

5 DOM

Very fast

Downtown VW avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

602 1249 Granville Street has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5.6% above comparable active properties in Downtown VW. 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 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 · 10 m · Beauty Shop
Hertz · 49 m · Car Rental
Yale i.d.a. pharmacy · 64 m · Pharmacy

Restaurants (317 nearby)

Subway · 17 m · Fast Food
Sake dining - hashigo · 40 m · Restaurant
Tequila cocina · 44 m · Restaurant

Cafes (100 nearby)

Blenz coffee · 59 m · Cafe
Tim hortons · 92 m · Cafe
Honeybrew strudel bar · 112 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 · 64 m · Healthcare
Shoppers drug mart · 126 m · Healthcare
Granville pharmacy · 157 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 · 445 m · Transit
Bus stop southbound howe st @ robson st · 702 m · Transit
Skytrain @ vancouver city centre stn station · 892 m · Transit

Schools NearBy

38 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 406 m
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 474 m
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.8 / 10	Distance 610 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 930 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 992 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 1.07 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 1.19 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.19 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 1.60 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 2.39 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.47 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.57 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.58 KM
St. John's School	Independent	Grades Served K-12	Catchment Info —	9.8 / 10	Distance 2.58 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.58 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 2.65 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 2.76 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.76 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.97 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 3.00 KM

Pre-computed routes from 602 1249 Granville St, Vancouver, BC

602 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

602 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 (0.01 km). Walk Score Transit rating: Rider's Paradise (97/100).

Walkability & Transit Near 602 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 — 602 1249 Granville Street

2026 assessed value, sourced from City of Vancouver open data (PID 025-638-050).

Total Assessed Value (2026)

$604,000

-4.4% YoY

+4.3%/yr over 4 yr

2022 Value Trend 2026

Land

$422,000

Buildings

$182,000

Year Built

2003

Class

Comprehensive Development

Zoning

Property Tax

$2,032

Year	Land	Improvements	Total Assessed	YOY Change
2026	$422,000	$182,000	$604,000	-4.4%
2025	$442,000	$190,000	$632,000	-2.0%
2024	$451,000	$194,000	$645,000	+10.7%
2023	$399,415	$183,000	$582,415	+14.0%
2022	$335,000	$176,000	$511,000	—

Mortgage Calculator for 602 1249 Granville Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $169

Maintenance fee 361.25

With a 20% down payment, buyers can expect an estimated $2,971/month in total housing costs on this $639,000 property — $2,441 mortgage payment, $169 property tax, $361 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: Aug 17, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

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Maintenance Fee

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Vacancy Rate

Down Payment

Down Payment (percent)

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $2,246/month estimated rent and $3,023/month in total housing costs, this property has a -$777/month cashflow. Break-even down payment: approximately 46%.

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

Estateblock Rent Estimate for 602 1249 Granville Street, Vancouver

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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.