6981 Laurel St, Vancouver BC - Single Family Residence for Sale - MLS# R3107072

153 days on the market
$5,480,000
Est. Mortgage $24,243/mo
Listing updated:
EstateBlock checked:
6 Beds
8 Baths
5100 sqft
1075 $ /sqft
2008 built
16.1% cheaper than comps
153 days on the market
$5,480,000
Est. $24,243/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 6981 Laurel Street

16.1% cheaper than comps

Luxury and elegant 5100 sqft home with 8410 sqft lot in South Cambie! Beautiful home! Corner lot at Laurel & 54th. Total 6 bedrooms and 8 baths: 4 in upstairs and 2 in basement, all ensuited. Design focuses on details and taste. Superior layout with custom sized kitchens & family rooms open to the porch. Spacious wok kitchen. High and stainless kitchen appliances, & LED light fixtures throughout! Best location in South Cambie. Every bit of this masterpiece offers maximum flexibility with dramatic open spaces. Close to trendy sopping-Oakridge Mall, Langara Golf Course, Langara College. T&T supermarket, Marine Gate Way Mall. Easy access to RMD, Downtown & Vancouver Airport. School catchment: Churchill Secondary and Jamieson Elementary.

Interior Features

Basement Finished Area (sqft) 1989
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 2
Heating Type Natural Gas, Radiant
Cooling Central Air, Air Conditioning
# of Kitchens 2
Flooring Hardwood, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Private Yard
Roof Concrete
Structures Residential Detached

Building Details

Price $5,480,000
Total Bedrooms 6
Total Bathrooms 8
Full Bathrooms 7
Half Bathrooms 1
Floor Area Total (sqft) 5100
Year Built 2008
Age Of Building 18
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Amenities Sauna/Steam Room
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Amenities Nearby Sauna/Steam Room
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Detached, Rear Access, Garage Door Opener
Total Parking Spaces 4
Rental Suites Other

Lot & Land

Lot Size 8410
Lot Size Depth Feet
Lot Size Frontage 58
MLS® # R3107072
Area Vancouver West
Neighbourhood South Cambie
City Vancouver
Postal Code V6P 3T6
Gross Taxes $26,301.7
Zoning R1-1

Property Timeline

Status Date Price
R3107072 / Active 04-06-2026 $5,480,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 14' x 14' ft
Main Level Dining Room 14' x 14' ft
Main Level Kitchen 16'1 x 16'1 ft
Main Level Wok Kitchen 10'6 x 10'6 ft
Main Level Family Room 23'6 x 23'6 ft
Main Level Office 12' x 12' ft
Above Level Primary Bedroom 16'7 x 16'7 ft
Above Level Walk-In Closet 4'6 x 4'6 ft
Above Level Bedroom 14' x 14' ft
Above Level Bedroom 12'2 x 12'2 ft
Above Level Bedroom 11'8 x 11'8 ft
Basement Level Recreation Room 22'4 x 22'4 ft
Basement Level Bedroom 13'1 x 13'1 ft
Basement Level Bedroom 11'2 x 11'2 ft
Basement Level Media Room 21'8 x 21'8 ft
Basement Level Laundry 10'4 x 10'4 ft
Basement Level Sauna 9'4 x 9'4 ft
Basement Level Steam Room 10'6 x 10'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #5
Above Level Yes #4
Above Level Yes #4
Above Level Yes #4

Listed by: Luxmore Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Dr. Annie B. Jamieson Elementary School
Above Average 0.74 km 8.3/10
Secondary
Sir Winston Churchill Secondary School
Above Average 0.15 km 8.1/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Vancouver College
Above Average 1.76 km 9.5/10
Secondary
King David High School
Above Average 1.32 km 7.8/10

Closest Transit

Bus Stop
Northbound Oak St @ W 54 Ave
0.2 km
Skytrain
Skytrain @ Langara-49Th Stn
0.82 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average 41.5%
No Certificate/Degree
Below Average 11.9%
Owner Occupied
Below Average 41.1%
Employment Rate
Above Average 69.7%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Possible

Sell Speed & Competition

58 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $6,362,280
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.82 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SOUTH CAMBIE compares
This property
153 DOM
Slower than area
South Cambie avg
67 DOM
Average
Vancouver avg
67 DOM
Faster market

6981 Laurel Street has a sell-speed score of 58/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 16.1% below comparable active properties in South Cambie, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.2% and an area average of 67 days on market — buyers have more leverage. With only 542 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V6P 3T6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6P 3T6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~4.4 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (6 nearby)

  • Langara · 604 m · Post Office
  • Pharmachoice · 606 m · Pharmacy
  • Cyclone taylor · 628 m · Sports Shop

Cafes (5 nearby)

  • Tim hortons · 562 m · Cafe
  • Dylan's · 590 m · Cafe
  • Jazen tea · 634 m · Cafe

Restaurants (4 nearby)

  • A&w · 611 m · Fast Food
  • Sushi mura · 618 m · Restaurant
  • Subway · 627 m · Fast Food

Transit (2 nearby)

  • Skytrain @ langara-49th stn station · 822 m · Transit
  • Bus stop northbound cambie st @ w 61 ave · 952 m · Transit

Healthcare (1 nearby)

  • Pharmachoice · 606 m · Healthcare

Schools NearBy

31 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Sir Winston Churchill Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
8.1 / 10

Distance

148 m

Sir Wilfrid Laurier Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

342 m

Dr Annie B Jamieson Elementary

Public

Grades Served

Catchment Info

8.3 / 10

Distance

716 m

Dr. Annie B. Jamieson Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
8.3 / 10

Distance

745 m

Sir William Osler Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

1.20 KM

J.W. Sexsmith Community Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

1.22 KM

des Colibris

Public

Grades Served

Catchment Info

9.9 / 10

Distance

1.25 KM

Kerrisdale Annex

Public

Grades Served

K-2

Catchment Info

0

Distance

1.29 KM

King David High School

Independent

Grades Served

8-12

Catchment Info

7.8 / 10

Distance

1.32 KM

David Lloyd George Elementary School

Public

Grades Served

K-7

Catchment Info

6.5 / 10

Distance

1.49 KM

Rose-des-vents

Public

Grades Served

Catchment Info

7.5 / 10

Distance

1.60 KM

Secondaire Jules-Verne

Public

Grades Served

Catchment Info

7.5 / 10

Distance

1.66 KM

Royal Canadian College

Independent

Grades Served

9-12

Catchment Info

5.6 / 10

Distance

1.67 KM

Vancouver College

Independent

Grades Served

K-12

Catchment Info

8.6 / 10

Distance

1.76 KM

Sir Wm Van Horne Elementary School

Public

Grades Served

K-7

Catchment Info

7.2 / 10

Distance

1.79 KM

Maple Grove Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

2.00 KM

Dr. R. E. McKechnie Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.03 KM

Magee Secondary School

Public

Grades Served

8-12

Catchment Info

7.6 / 10

Distance

2.05 KM

Vancouver Montessori School

Independent

Grades Served

K

Catchment Info

9.6 / 10

Distance

2.07 KM

St. Anthony of Padua

Independent

Grades Served

K-7

Catchment Info

9.4 / 10

Distance

2.09 KM

John Henderson Elementary School

Public

Grades Served

K-7

Catchment Info

4.7 / 10

Distance

2.22 KM

Pierre Elliott Trudeau Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.24 KM

St. Andrew's

Independent

Grades Served

K-7

Catchment Info

7.9 / 10

Distance

2.25 KM

St Andrew's

Independent

Grades Served

Catchment Info

7.9 / 10

Distance

2.25 KM

Quilchena Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.58 KM

John Oliver Secondary School

Public

Grades Served

8-12

Catchment Info

5.5 / 10

Distance

2.62 KM

Point Grey Secondary School

Public

Grades Served

8-12

Catchment Info

8.2 / 10

Distance

2.65 KM

Point Grey Secondary

Public

Grades Served

Catchment Info

8.2 / 10

Distance

2.66 KM

General Brock Elementary School

Public

Grades Served

K-7

Catchment Info

7.5 / 10

Distance

2.87 KM

Vancouver Talmud Torah Elementary School

Independent

Grades Served

K-7

Catchment Info

8.4 / 10

Distance

2.91 KM

Westside Montessori

Independent

Grades Served

K

Catchment Info

0

Distance

3.00 KM

Pre-computed routes from 6981 Laurel St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Langara-49th → Waterfront
    27 min
  • Metrotown, Burnaby via Langara-49th → Metrotown
    45 min
  • SFU Burnaby via Langara-49th → Production Way
    52 min
  • Richmond Centre via Langara-49th → Brighouse
    24 min
  • YVR Airport via Langara-49th → YVR-Airport
    25 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    9 min
  • Metrotown, Burnaby via Lougheed Hwy
    11 min
  • SFU Burnaby via Gaglardi Way
    19 min
  • Richmond Centre via No. 3 Rd
    7 min
  • YVR Airport via Bridgeport / Sea Island
    6 min

Calculate your commute

6981 Laurel St, Vancouver, BC is ideally located for commuters. The property is 0.8 km from Langara-49th, with a 27 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Oak St @ W 54 Ave (0.2 km). Walk Score Transit rating: Good Transit (68/100).

Walkability & Transit Near 6981 Laurel Street

Walk Score Badge
Car-Dependent 65

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 68

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
65

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 6981 Laurel Street

2026 assessed value, sourced from City of Vancouver open data (PID 003-871-801).
Total Assessed Value (2026)
$4,953,000
-6.8% YoY
-0.2%/yr over 4 yr
2022 Value Trend 2026
Land
$3,211,000
Buildings
$1,742,000
Year Built
2008
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$25,003
Year Land Improvements Total Assessed YOY Change
2026 $3,211,000 $1,742,000 $4,953,000
-6.8%
2025 $3,485,000 $1,831,000 $5,316,000
+1.5%
2024 $3,453,000 $1,783,000 $5,236,000
+3.9%
2023 $3,289,000 $1,752,000 $5,041,000
+1.1%
2022 $3,340,000 $1,648,000 $4,988,000

Mortgage Calculator for 6981 Laurel Street

/month
Principal & Interest
Property Taxes $2,192
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($1,096,000), the estimated monthly payment for this listing is $23,122/month — $20,930 principal & interest, $2,192 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $11,453/month, this property runs a $12,011/month shortfall after mortgage and carrying costs. Break-even requires approximately 66% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 6981 Laurel Street, Vancouver

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — South Cambie, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $5,480,000
Vancouver Loading...
South Cambie Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $6,533,000 across 8 active listings — this listing is 16.1% below the Vancouver average. This property is flagged as a Hot Deal (16.1% cheaper than comparables) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 6981 Laurel Street

Walk Score Badge
Car-Dependent 65

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 68

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
65

Bike Score - Bikeable

Some bike infrastructure

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