Richmond Condo Specialist

406 1249 Granville Street in Vancouver: Downtown VW Condo for sale in “The Lex” (Vancouver West) : MLS®# R3011881


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406 1249 Granville Street
Downtown VW Vancouver V6Z 1M5

$768,800
Residential beds: 2 baths: 1.0 722 sq. ft. built: 2003

Kitchen with appliances with stainless steel finishes, track lighting, tasteful backsplash, and light wood finished floors
Status:
Active
Prop. Type:
Residential
MLS® Num:
R3011881
Bedrooms:
2
Bathrooms:
1
Year Built:
2003
Welcome to The Lex – a 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 at The Lex.
Property Type:
Residential
Dwelling Type:
Apartment/Condo
Home Style:
One Level
Ownership:
Freehold Strata
Common Interest:
Condominium
Manufactured Type:
Year built:
2003 (Age: 22)
Living Area:
722 sq. ft.
Floor Area - Unfinished:
Floor Area - Detached 2nd Residence:
Building Area - Total:
722 sq. ft.
Levels:
One
Rainscreen:
Bedrooms:
2 (Above Grd: 2)
Bathrooms:
1.0 (Full:1/Half:0)
Kitchens:
Rooms:
Num Storeys:
6
Taxes:
$2,051.01 / 2024
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Balcony
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
BCS336
Name of Complex/Subdivision:
The Lex
Construction Materials:
Concrete Frame, Brick (Exterior), Glass (Exterior), Mixed (Exterior)
Foundation:
Basement:
Full Height:
Crawl Height:
Roof:
No. Floor Levels:
1.0
Floor Finish:
Floor Area Fin - Above Grade:
Floor Area Fin - Above Main:
0 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
722 sq. ft.
Floor Area Fin - Below Main:
Floor Area Fin - Below Grade:
Floor Area Fin - Basement:
Floor Area Fin - Total:
722 sq. ft.
Heating:
Parking Features:
Garage Under Building, Lane Access
Parking:
Garage Under Building
# Of Parking Spaces - Total:
# Of Covered Spaces:
Parking Total/Covered:
1 / 1
Flood Plain:
Suite:
AIRBNB, STR, VRBO
Balcony
Laundry In Unit, Bike Room, Exercise Centre, Recreation Facilities
Bike Room, Exercise Centre, Hot Water, Management, Recreation Facilities, Snow Removal, Water
1
Laundry In Unit, Bike Room, Exercise Centre
In Unit
Floor
Type
Size
Other
Main
Main
Main
Main
Floor
Ensuite
Pieces
Other
Main
Council Approval:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Association Fee:
$436.22
Age Restrictions:
No
By-Law Restrictions:
Pets Allowed With Restrictions
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Pets Allowed:
Yes With Restrictions
# Units in Development:
45
Home Owners Association:
Yes
Previous Price:
Original Price:
Land Lease:
No
Zoning:
Access to property:
Utilities:
Electricity Connected, Water Connected
Telephone Service:
Fencing:
Sewer:
Sanitary Sewer
Plumbing Details:
Sketch Attached:
Restrictions:
  • Photo 1: 406 1249 Granville Street in Vancouver: Downtown VW Condo for sale in "The Lex" (Vancouver West)  : MLS®# R3011881
    Kitchen with appliances with stainless steel finishes, track lighting, tasteful backsplash, and light wood finished floors

Virtual Tour

Listed by eXp Realty
Data was last updated June 16, 2025 at 07:40 PM (UTC)
Area Statistics
Listings on market:
562
Avg list price:
$798,500
Min list price:
$350,000
Max list price:
$17,800,000
Avg days on market:
55
Min days on market:
3
Max days on market:
711
Avg price per sq.ft.:
$1,097.87
These statistics are generated based on the current listing's property type and located in Downtown VW. Average values are derived using median calculations.
Eric Lin
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If you’ve contemplated moving to the stunning area of Vancouver, here’s what you need to know about the benefits of owning luxury homes.

The Benefits of Living in Vancouver

The population of Vancouver is large and remarkably diverse, but that does not mean you are packed into a city with nothing but industrial buildings to look at. Vancouver is surrounded by mountains and water, feeding your desire for nature.

It’s actually because of this scenery that this city is one of the world’s most livable areas and popular tourist attractions. Much like Richmond, there is fine dining, exquisite shopping, gorgeous parks and great schools – all within a reasonable distance of your luxurious home. Additionally, the homes in this area are defined as luxurious, as they are aesthetically pleasing, upgraded, and decorated in lush and popular trends.

Luxury Homes for sale in Vancouver

Luxury homes in Vancouver also range far and wide in style so that homeowners with differing preferences can find the perfect home to live in. It doesn’t matter if you like modern spaces or a more traditional style; there are all kinds of luxury homes to choose from. Condominiums are also a great solution to luxurious living, as these spaces have been upgraded to match the most current styles.

If you are interested in finding out more about living in luxury homes in Vancouver, contact me today. I will help you find the space that is best suited for your personal tastes and preferences.

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