406 1249 Granville St, Vancouver, BC | MLS^® R3011881 Property Details

AIRBNB & Short Term rental permitted property. Welcome toa boutique residence nestled in the heart of downtown Vancouver’s vibrant entertainment district. This Junior 2 Bedroom + Den features a bright, efficient open-concept layout with overheight ceilings, large windows, and a versatile flex space—perfect for a home office or in-suite storage. The home is move-in ready and income-ready, making it an ideal opportunity for investors and end-users alike. Short-term rentals (AIRBNB) are allowed, offering rare and valuable potential for strong rental returns in a high-demand location.Enjoy an unbeatable location just steps from public transit, world-class dining, shopping, and everyday conveniences. Don’t miss this exceptional investment and urban living opportunity.

General Info

Price $735,000

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 722

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2003

Age Of Building 22

Building Type Apartment/Condo

Property Type Residential

Stories 1

Building Amenities Bike Room, Exercise Centre, Hot Water, Management, Recreation Facilities, Snow Removal, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3011881

Area Vancouver West

Neighbourhood Downtown VW

City Vancouver

Gross Taxes $2,051.01

Ownership Type Freehold Strata

Maintenance Fee $436.22

Amenities Nearby Bike Room, Exercise Centre, Hot Water, Management, Recreation Facilities, Snow Removal, Water

Heating & Cooling

Fireplace -

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Lane Access

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed

Pet Restrictions Yes With Restrictions

Rental Restrictions -

Zoning DD COM

Rental Suites -

Laundry In Unit

# of Kitchens 1

Flooring Laminate, Tile

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development 45

Exterior Features Balcony

Sewer Sanitary Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13'3 x 13'3 ft
Main Level	Kitchen	12'3 x 12'3 ft
Main Level	Bedroom	10'1 x 10'1 ft
Main Level	Bedroom	9'10 x 9'10 ft

Listed by: eXp Realty

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.

Neighborhood Info

Public Schools

Secondary

King George Secondary School

1.6 km

Elementary

Elsie Roy Elementary School

Average

0.61 km

6.1/10

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

Private Schools

Elementary

Anchor Point Montessori

0.25 km

Secondary

Pattison High School

0.48 km

Closest Transit

Translink

Southbound Granville St @ Davie St

0.02 km

Skytrain

Skytrain @ Yaletown-Roundhouse Stn

0.45 km

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

Welcome to 406 1249 Granville Street, a stunning property located in the heart of Downtown Vancouver. As your experienced realtor, I'm delighted to take you on a tour of this incredible neighbourhood, highlighting its key features and what makes it an ideal place to call home.

Education:

Just a short stroll away from 406 1249 Granville Street, you'll find Elsie Roy Elementary School, rated 6.1/10 by parents and students alike. This highly-rated school is just 0.61 km from our property, making it an excellent choice for families. We also have King George Secondary School nearby, with a rating of No Rating, and Anchor Point Montessori, an independent elementary school with a No Rating, located just 0.25 km from our home. Pattison School, another independent secondary school with a No Rating, is also within walking distance at 0.48 km.

Crime:

According to the latest crime statistics from Statistics Canada (2020), our neighbourhood has a crime rate of 7,470.82, which is considered Average compared to other Canadian cities. The overall crime rate has decreased by 14.94% year-over-year, indicating a safer environment for residents. Additionally, the drug crime rate is Average, with an illegal substances offences rating of 229.49, and 1,604 incidents reported in 2020. Property crimes are also Above Average, with a misconduct rating of 5,020.27, but have decreased by 20.80% in the past year. Violent crimes are Below Average, with a rate of 1,311.69, and a 3.53% year-over-year increase.

Demographics:

Our neighbourhood, Downtown VW, is a vibrant and diverse community. According to the 2016 census, 47% of residents hold a university certificate or degree, which is High compared to other BC neighbourhoods. In contrast, only 4.8% of the population has no certificate or degree, making it a Low percentage compared to the average in BC. The median household income is $55,936, which is Below Average compared to the British Columbia average. However, the median personal income is $40,817, which is Above Average. A high percentage of households, 72.8%, have a mortgage, indicating a strong homeownership culture.

Transit:

Convenience is key in our neighbourhood, with the Southbound Granville St @ Davie St bus station just 0.02 km away from 406 1249 Granville Street. This makes it easy to get around the city without a car. In fact, 26% of residents use public transport, which is High compared to other areas.

Lifestyle Amenities:

Our neighbourhood offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average value of dwellings in our neighbourhood is $705,201, which is High compared to other areas in British Columbia. Average owner payments are also High, at $1,746 per month, while tenants pay $1,369, also a High amount. However, 65.6% of residents are renters, which is High compared to other BC cities and areas.

Real Estate Context:

As you can see, 406 1249 Granville Street is a highly desirable property in a thriving neighbourhood. With its excellent schools, safe environment, and convenient transit options, it's an ideal place to call home.

If you're interested in learning more about this property or would like to schedule a viewing, please don't hesitate to contact me. I'd be delighted to help you make 406 1249 Granville Street your dream home.

MLS^® R3011881