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 & perfect for special events like FIFA World Cup. 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!
| 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 | No Outdoor Area |
|---|---|
| View Description | City |
| Roof | Other |
| Structures | Multi Family, Residential Attached |
| 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 |
| 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 Size Depth | Feet |
|---|---|
| MLS® # | R3095124 |
| Area | Vancouver West |
| Neighbourhood | Downtown VW |
| City | Vancouver |
| Postal Code | V6Z 1M5 |
| Gross Taxes | $1,590.95 |
| Zoning | DD |
| Status | Date | Price |
|---|---|---|
| R3095124 / Active | 03-02-2026 | $525,000 |
| 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 |
| 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 307 1249 Granville Street | |||||
| 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 | — |
Based on 253 comparable active apartments/condos in Downtown VW, the average asking price is $604,005. This listing is priced 13.1% below the neighbourhood average.
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