$525,000

307 1249 GRANVILLE STREET

Vancouver BC V6Z 1M5 - Downtown VW
1 bd
1 ba
544 sqft
Built 2003

About This Property

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 during major events and peak travel periods. The open-concept layout includes a flexible space ideal for a home office or in-suite…

Features

Elevator
No Outdoor Area
None
Shopping Nearby
Room measurements5 rooms▸
FoyerMain · 4'6 × 6'1
StorageMain · 3'2 × 5'6
BedroomMain · 10' × 8'5
KitchenMain · 5' × 13'5
Living RoomMain · 14'1 × 14'2

Property Details

MLS NumberR3148352
Property TypeApartment/Condo
Bedrooms1
Bathrooms1
Square Feet544
Year Built2003
HeatingBaseboard
Strata Fee$327.17/mo
Days on Market79
StatusActive
Listed ByEngel & Volkers Vancouver

School Catchment

Elementary Elsie Roy
Secondary King George

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$800,000Median home value
$69,000Median household income
32.3%Owner-occupied
0.1%Single-detached homes
1.5Avg household size
35.2Median age
60.9%Bachelor's degree or higher (25-64)
65.3%Commute under 30 min
37.6%Drive to work
38.8%Foreign-born residents
7,976Neighbourhood population

Age

Under 15: 4.8%15 to 64: 87.4%65 and over: 7.8%
  • Under 154.8%
  • 15 to 6487.4%
  • 65 and over7.8%

Household size

  • 1 person60.1%
  • 232.1%
  • 35.3%
  • 41.9%
  • 5 or more0.6%

Language spoken at home

52.1% English mother tongue

  • Mandarin5.9%
  • Spanish5.4%
  • English + other4.1%
  • Farsi4%
  • Cantonese2.8%
  • Russian2.8%
  • All others22.9%

Mother tongue, share of 7,955 residents.

How this pocket differs

  • notably fewer 5+ person households than Downtown VW 0.6% vs 0.9%
  • fewer 4-person households than Downtown VW 1.9% vs 2.5%
  • Median household income is lower than Metro Vancouver $69,000 vs $90,000
  • Median dwelling value is lower than Metro Vancouver $800,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Thinking of selling in Downtown VW?

See what your home could be worth and how the local market is moving.

Monthly Cost Calculator

Estimated monthly cost $2,979
Mortgage payment$2,467
Strata fee$327
Property tax$141
Home insurance$45
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Oct 2

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