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509 1249 Granville Street
Downtown VW Vancouver V6Z 1M5

$599,000
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
Welcome to 509 at The Lex where downtown convenience meets investment freedom. This bright, fully furnished sub-penthouse 1 Bed + Den offers flexibility to live in, rent long-term, or take advantage of one of the few downtown buildings that permit short-term rentals. With a smart layout, modern interiors, and a prime location steps from the seawall, Yaletown, Davie Village and Granville’s upcoming revitalization, this is a rare opportunity to own both lifestyle and income potential in the heart of Vancouver.
Property Type:
Residential
Dwelling Type:
Apartment/Condo
Home Style:
Common Walls - No One Above
Ownership:
Freehold Strata
Common Interest:
Condominium
Year built:
2003 (Age: 22)
Living Area:
582 sq. ft.
Floor Area - Unfinished:
0 sq. ft.
Building Area - Total:
582 sq. ft.
Bedrooms:
1 (Above Grd: 1)
Bathrooms:
1.0 (Full:1/Half:0)
Kitchens:
1
Rooms:
6
Num Storeys:
6
Taxes:
$1,842.9 / 2025
Exposure / Faces:
East
Outdoor Area:
No Outdoor Area
# or % of Rentals Allowed:
100
Water Supply:
Public
Plan:
BCS336
Name of Complex/Subdivision:
The Lex
Construction Materials:
Concrete, Brick (Exterior), Glass (Exterior), Mixed (Exterior)
Foundation:
Concrete Perimeter
Basement:
None
Roof:
Other
No. Floor Levels:
1.0
Floor Finish:
Laminate, Tile
Floor Area Fin - Above Grade:
582 sq. ft.
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:
0 sq. ft.
Floor Area Fin - Below Grade:
0 sq. ft.
Floor Area Fin - Basement:
0 sq. ft.
Floor Area Fin - Total:
582 sq. ft.
Heating:
Baseboard, Electric
Fireplaces:
0
Parking Features:
None
Parking:
None
# Of Parking Spaces - Total:
0
# Of Covered Spaces:
0.0
Parking Total/Covered:
0 / 0
AIRBNB FRIENDLY
Elevator
No Outdoor Area
Central Location, Marina Nearby, Recreation Nearby, Shopping Nearby
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
No
In Unit
STRATA LOT 33, PLAN BCS336, DISTRICT LOT 541, GROUP 1, NEW WESTMINSTER LAND DISTRICT, UNDIV 54/2450 SHARE IN COM PROP THEREIN TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 OR V, AS APPROPRIATE
Floor
Type
Size
Other
Main
Living Room
14'10" × 8'5"
-
Main
Bedroom
10' × 8'
-
Main
Dining Room
7'4" × 5'4"
-
Main
Kitchen
13'3" × 5'4"
-
Main
Den
7'6" × 5'5"
-
Main
Foyer
10'5" × 5'2"
-
Floor
Ensuite
Pieces
Other
Main
No
4
Association Fee:
$268.06
Age Restrictions:
No
Tax Utilities Included:
false
By-Law Restrictions:
Pets Allowed
Dist to Public Trans:
CLOSE
Property Disclosure:
Yes
Fixtures Leased:
No
Fixtures Removed:
No
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
Original Price:
$599,000
Land Lease:
No
Zoning:
DD
Utilities:
Electricity Connected, Water Connected
Sewer:
Public Sewer, Sanitary Sewer
Restrictions:
Pets Allowed, Rentals Allowed
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by Macdonald Realty
Data was last updated October 30, 2025 at 01:40 AM (UTC)
Area Statistics
Listings on market:
455
Avg list price:
$799,000
Min list price:
$398,000
Max list price:
$8,800,000
Avg days on market:
57
Min days on market:
1
Max days on market:
582
Avg price per sq.ft.:
$1,059.29
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.
Get market change alerts
The data relating to real estate on this website comes in part from the MLS® VOW program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB), the BC Northern Real Estate Board (BCNREB) 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, the BCNREB 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, BCNREB or the CADREB.

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