Downtown One Bedroom
509 1249 Granville Street
Vancouver
V6Z 1M5
$590,000
Residential
beds: 1
baths: 1.0
582 sq. ft.
built: 2003
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- R3063174
- Bedrooms:
- 1
- Bathrooms:
- 1
- Year Built:
- 2003
- Photos (22)
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Welcome to 509 at The Lex, a bright and fully furnished sub-penthouse 1 bed plus den in one of the few downtown buildings that allows short-term rentals, including Airbnb. This creates rare flexibility to live in, rent long-term, or generate strong nightly income as demand grows heading into major events like FIFA 2026. The layout is efficient and comfortable, with modern finishes and an elevated outlook that brings in great natural light. The location is unbeatable for both lifestyle and guest appeal, with the seawall, Yaletown, Davie Village, transit, restaurants, and everyday conveniences all within walking distance. With quick completion possible and excellent investment fundamentals, this home offers a smart opportunity in the heart of downtown Vancouver.
- Property Type:
- Residential
- Dwelling Type:
- Apartment/Condo
- Home Style:
- Common Walls - No One Above
- Ownership:
- Freehold Strata
- Common Interest:
- Condominium
- Manufactured Type:
- Signup
- Year built:
- 2003 (Age: 22)
- Living Area:
- 582 sq. ft.
- Floor Area - Unfinished:
- Signup
- Floor Area - Detached 2nd Residence:
- Signup
- Building Area - Total:
- 582 sq. ft.
- Rainscreen:
- Signup
- Bedrooms:
- 1 (Above Grd: 1)
- Bathrooms:
- 1.0 (Full:1/Half:0)
- Kitchens:
- Signup
- Rooms:
- Signup
- Num Storeys:
- 6
- Taxes:
- $1,842.9 / 2025
- Exposure / Faces:
- Signup
- Rear Yard Exposure:
- Signup
- Outdoor Area:
- No Outdoor Area
- Pad Rental:
- Signup
- # or % of Rentals Allowed:
- Signup
- Water Supply:
- Signup
- Plan:
- BCS336
- Name of Complex/Subdivision:
- The Lex
- Construction Materials:
- Concrete, Brick (Exterior), Glass (Exterior), Mixed (Exterior)
- Foundation:
- Signup
- Basement:
- Signup
- Full Height:
- Signup
- Crawl Height:
- Signup
- Roof:
- Signup
- No. Floor Levels:
- 1.0
- Floor Finish:
- Signup
- Floor Area Fin - Above Grade:
- Signup
- Floor Area Fin - Above Main:
- 0 sq. ft.
- Floor Area Fin - Above Main 2:
- 0 sq. ft.
- Floor Area Fin - Main:
- 582 sq. ft.
- Floor Area Fin - Below Main:
- Signup
- Floor Area Fin - Below Grade:
- Signup
- Floor Area Fin - Basement:
- Signup
- Floor Area Fin - Total:
- 582 sq. ft.
- Heating:
- Signup
- Fireplaces:
- 0
- Parking Features:
- None
- Parking:
- None
- # Of Parking Spaces - Total:
- Signup
- # Of Covered Spaces:
- Signup
- Flood Plain:
- Signup
- Suite:
- Signup
- airbnb, str, allowed < 30 days
- Elevator
- No Outdoor Area
- Laundry In Unit, Bike Room, Exercise Centre, Elevator
- City view
- Bike Room, Exercise Centre, Trash, Hot Water, Management, Sewer, Snow Removal, Water
- Shopping Nearby
- 1
- Dishwasher, Refrigerator, Microwave, Laundry In Unit, Bike Room, Exercise Centre, Elevator
- Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
- In Unit
- Floor
- Type
- Size
- Other
- Council Approval:
- Signup
- Income Per Annum:
- Signup
- Oper. Expenses:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- $368.06
- Age Restrictions:
- No
- Tax Utilities Included:
- false
- By-Law Restrictions:
- Pets Allowed, Rentals Allwd w/Restrctns
- Dist to Public Trans:
- Signup
- Dist to School Bus:
- Signup
- Property Disclosure:
- Signup
- Fixtures Leased:
- Signup
- Fixtures Removed:
- Signup
- Common Walls:
- Corner Unit, No One Above
- Pets Allowed:
- Cats OK, Dogs OK, Yes
- Cats:
- Cats OK
- Dogs:
- Dogs OK
- # Units in Development:
- 45
- Home Owners Association:
- Yes
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Listed by Macdonald Realty
Data was last updated December 7, 2025 at 11:40 AM (UTC)
Area Statistics
- Listings on market:
- 392
- Avg list price:
- $808,200
- Min list price:
- $398,000
- Max list price:
- $8,800,000
- Avg days on market:
- 67
- Min days on market:
- 3
- Max days on market:
- 621
- Avg price per sq.ft.:
- $1,057.9
These statistics are generated based on the current listing's property type
and located in
Downtown VW. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- CARMEN LEAL
- Macdonald Realty Ltd.
- 1-604-218-4846
- carmen@carmenleal.ca
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
https://instagram.com/carmenlealrealestate?igshid=YzAwZjE1ZTI0Zg%3D%3D&utm_source=qr
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.