Property Type: Condo / ApartmentOwnership: Strata

602 1249 GRANVILLE STREET

Vancouver, BC V6Z1M5

$639,000

1 bed1 bath1 parking592 sqftBuilt 2003
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$361/mo
Annual property tax
$2,031.82 (2026)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3156380
Listed
August 17, 2026
Time on market
On the market for 14 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Experience downtown living where the city itself is the amenity. Located at 1249 Granville Street, this 1-bedroom, 1-bathroom home places Vancouver's best restaurants, cafés, shopping, entertainment, transit and the seawall just steps away. One of the few buildings that permits short term rentals, it offers exceptional flexibility for investors or those seeking income potential, while also making an ideal pied-à-terre or full-time residence. Facing the quiet side of the building, you'll enjoy a more peaceful setting along with your own private outdoor space a rare feature not found in every unit. Thoughtfully designed to maximize functionality in one of Vancouver's most walkable locations, this is an opportunity to own in the heart of downtown while enjoying the flexibility today's buyers are looking for. (id:63159)

Values & Trends

This listing

$1,079/sqft

Building average

$965/sqft

1 active listing(s)

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$729,200

Jul 2026

Average Sale Price

$892,419

Jul 2026

Monthly Sales

342

Jul 2026

Active Listings

2,222

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

25 days

Jul 2026

MLS® HPI Benchmark Price

$820,100
$729,200
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

70

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Anchor Point Montessori(Independent)Elementary278 m
Claren Academy(Independent)Elementary393 m
Pattison High School(Independent)Secondary467 m
Elsie Roy ElementaryElementary609 m
Lowell High School(Independent)Secondary894 m
False Creek ElementaryElementary1.1 km
Columbia Academy(Independent)Secondary1.1 km
Franklin School(Independent)Secondary1.2 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Southbound Granville St @ Davie St12 m
Northbound Granville St @ Drake St33 m
Eastbound Davie St @ Granville St81 m
Westbound Davie St @ Granville St83 m
Eastbound Davie St @ Howe St85 m

Nearby Places

Restaurants (5+)

  • Sake Dining - Hashigo · 1265 Granville Street40 m
  • Tequila Cocina · 1224 Granville Street44 m
  • Kinkura Sushi + Sake · 656 Davie Street82 m
  • Basil Pasta Bar · 636 Davie Street86 m
  • Andonis · 1193 Granville Street91 m

Cafes (5+)

  • Blenz Coffee · 700 Davie Street59 m
  • Tim Hortons · 756 Davie Street92 m
  • Honeybrew Strudel Bar · 785 Davie Street112 m
  • Perfecto Cafe · 605 Davie Street133 m
  • Breka Bakery & Café · 855 Davie Street191 m

Grocery (5+)

  • Choices Market · 1202 Richards Street237 m
  • El Paisano · 931 Davie Street240 m
  • Sashimiya · 1348 Hornby Street244 m
  • Farm to Table · 1312 Richards Street261 m
  • Fresh Street Market · 1423 Continental Street296 m

Parks (5+)

  • Emery Barnes Park213 m
  • May & Lorne Brown Park405 m
  • Unnamed422 m
  • George Wainborn Park503 m
  • Unnamed562 m

Gyms (5+)

  • Fitness World · 1214 Howe Street84 m
  • Everyday Athletes · 1271 Homer Street294 m
  • Pure Barre · 1128 Homer Street376 m
  • Dynasty Gym/CrossFit Palace · 1449 Hornby Street396 m
  • Club Viva · 428 Pacific Street447 m

Pharmacies (5+)

  • Yale I.D.A. Pharmacy · 1284 Granville Street64 m
  • Shoppers Drug Mart · 1295 Seymour Street126 m
  • Granville Pharmacy · 1146 Granville Street158 m
  • Pure Integrative Pharmacy · 1285 Hornby Street204 m
  • Howe Street Pharmacy · 1070 Howe Street280 m

Banks & ATMs (5+)

  • Unnamed128 m
  • Localcoin Bitcoin ATM · 813 Davie Street143 m
  • Instacoin ATM255 m
  • TD · 1200 Burrard Street273 m
  • Scotiabank · 1408 Continental Street286 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Other Listings in This Building

Other units currently listed in the same building. 602 1249 GRANVILLE STREET

View building profile →
Built 2003

Mortgage & Ownership Cost Calculator

Minimum required: 6.1% ($38,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$511,200.00
Periodic payment — Principal & Interest (monthly)$3,298.09
Additional monthly expenses (strata, tax, utilities, etc.)$560.57
Total monthly cost$3,858.66
Interest paid over 5-yr term$146,511.39
Balance at end of term$459,826.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$38,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,614.56

Cash Needed at Closing

Minimum down payment$38,900
Estimated BC PTT$10,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$51,180

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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