7061 Adera St, Vancouver BC - Single Family Residence for Sale - MLS# R3020408

437 days on the market
$7,980,000
Est. Mortgage $35,303/mo
Listing updated:
EstateBlock checked:
7 Beds
8 Baths
6308 sqft
1265 $ /sqft
2024 built
15.0% price reduction
437 days on the market
$7,980,000
$9,390,000
Est. $35,303/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 7061 Adera Street

15.0% price reduction

An exquisite residence located in the prestigious South Granville. This meticulously crafted home exemplifies a perfect blend of modern Italian luxury and timeless elegance. The innovative floor plan with an in-house elevator conveniently connects the bottom and the top enhancing accessibility. An individual 475 SQFT laneway house with its own parking. This elegant 6,308 SQFT European Italian-style featuring 7 beds 8 baths, the 4 levels home boasts a grand 14' high foyer with soaring ceilings. Open living areas seamlessly connect to a top-brand appliance-equipped Gaggenau kitchen, leading to a private garde, WET BAR, WINE CELLAR, HOME SMART SYSTEM, RADIANT HEAT, A/C, HRV. CLOSE TO MAGEE SECONDARY, MAPLE GROVE ELEMENTARY, CROFTON, ST. GEORGE'S, YORK HOUSE & UBC.

Interior Features

Basement Finished Area (sqft) 2138
Basement Features Full, Finished
Fireplace 3
Heating Type Radiant
# of Kitchens 3
Flooring Mixed, Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Fibreglass
Structures Residential Detached

Building Details

Price $7,980,000
Total Bedrooms 7
Total Bathrooms 8
Full Bathrooms 7
Half Bathrooms 1
Floor Area Total (sqft) 6308
Year Built 2024
Age Of Building 2
Building Type Single Family Residence
Property Type Residential
Architecture Style Laneway House
Stories 2
Ownership Type Freehold NonStrata
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Single

Lot & Land

Lot Size 8743
Lot Size Depth Feet
Lot Size Frontage 64.7
MLS® # R3020408
Area Vancouver West
Neighbourhood South Granville
City Vancouver
Postal Code V6P 5C5
Gross Taxes $28,704.5
Zoning R1-1

Property Timeline

Status Date Price
R3020408 / Active 06-26-2025 $7,980,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Foyer 11'8 x 11'8 ft
Main Level Living Room 29'10 x 29'10 ft
Main Level Kitchen 11'7 x 11'7 ft
Main Level Wok Kitchen 13'1 x 13'1 ft
Main Level Dining Room 15'2 x 15'2 ft
Main Level Den 10'7 x 10'7 ft
Main Level Patio 49'2 x 49'2 ft
Above Level Primary Bedroom 15'5 x 15'5 ft
Above Level Walk-In Closet 8'7 x 8'7 ft
Above Level Bedroom 13'2 x 13'2 ft
Above Level Bedroom 13'1 x 13'1 ft
Above Level Bedroom 15'0 x 15'0 ft
Basement Level Recreation Room 46'3 x 46'3 ft
Basement Level Laundry 10'8 x 10'8 ft
Basement Level Utility 10'8 x 10'8 ft
Basement Level Bedroom 12'1 x 12'1 ft
Basement Level Bedroom 12'3 x 12'3 ft
Abv Main 2 Flex Room 16'6 x 16'6 ft
Below Laundry 7'7 x 7'7 ft
Below Living Room 14'0 x 14'0 ft
Below Kitchen 8'7 x 8'7 ft
Below Dining Room 8'6 x 8'6 ft
Above Level Bedroom 19'2 x 19'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #4
Above Level Yes #3
Above Level Yes #3
Above Level Yes #3

Listed by: Royal Pacific Realty Corp.

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

Secondary
Magee Secondary School
Above Average 1.02 km 7.6/10
Elementary
Maple Grove Elementary School
Above Average 1.06 km 7.7/10

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

Private Schools

Elementary
Vancouver Montessori School
Above Average 1.49 km 9.6/10
Elementary, Secondary
Vancouver College
Above Average 1.75 km 9.5/10

Closest Transit

Bus Stop
Southbound Granville St @ W 54 Ave
0.29 km
Skytrain
Skytrain @ Langara-49Th Stn
2.08 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 45.8%
No Certificate/Degree
Below Average 10.8%
Owner Occupied
Below Average 42.3%
Employment Rate
Above Average 68.8%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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
Unlikely

Sell Speed & Competition

48 / 100
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.08 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SOUTH GRANVILLE compares
This property
437 DOM
Slower than area
South Granville avg
67 DOM
Average
Vancouver avg
67 DOM
Faster market

7061 Adera Street has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. 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 5C5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6P 5C5, 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 (~3.9 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 (13 nearby)

  • Marpole · 293 m · Post Office
  • Pharmasave · 299 m · Pharmacy
  • Open to beauty esthetics lounge · 418 m · Beauty Shop

Restaurants (7 nearby)

  • Okini · 438 m · Restaurant
  • Mirchi · 899 m · Restaurant
  • Yummy slice pizza · 909 m · Fast Food

Cafes (3 nearby)

  • Bean around the world · 422 m · Cafe
  • Bubble bear cafe · 982 m · Cafe
  • Krepa cafe · 983 m · Cafe

Groceries (2 nearby)

  • Choices market · 455 m · Supermarket
  • M.e concept cakes · 852 m · Bakery

Healthcare (1 nearby)

  • Pharmasave · 299 m · Healthcare

Transit (1 nearby)

  • Bus stop eastbound w 49 ave @ east blvd · 967 m · Transit

Schools NearBy

27 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Dr. R. E. McKechnie Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

749 m

Magee Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.6 / 10

Distance

1.03 KM

Maple Grove Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.7 / 10

Distance

1.06 KM

David Lloyd George Elementary School

Public

Grades Served

K-7

Catchment Info

6.5 / 10

Distance

1.35 KM

Sir Winston Churchill Secondary School

Public

Grades Served

8-12

Catchment Info

8.1 / 10

Distance

1.36 KM

Sir Wilfrid Laurier Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

1.38 KM

Sir William Osler Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

1.39 KM

Vancouver Montessori School

Independent

Grades Served

K

Catchment Info

9.6 / 10

Distance

1.49 KM

Vancouver College

Independent

Grades Served

K-12

Catchment Info

8.6 / 10

Distance

1.75 KM

Dr Annie B Jamieson Elementary

Public

Grades Served

Catchment Info

8.3 / 10

Distance

1.82 KM

Dr. Annie B. Jamieson Elementary School

Public

Grades Served

K-7

Catchment Info

8.3 / 10

Distance

1.83 KM

Quilchena Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

1.90 KM

Point Grey Secondary

Public

Grades Served

Catchment Info

8.2 / 10

Distance

1.91 KM

Point Grey Secondary School

Public

Grades Served

8-12

Catchment Info

8.2 / 10

Distance

1.91 KM

St. Anthony of Padua

Independent

Grades Served

K-7

Catchment Info

9.4 / 10

Distance

1.95 KM

King David High School

Independent

Grades Served

8-12

Catchment Info

7.8 / 10

Distance

2.03 KM

des Colibris

Public

Grades Served

Catchment Info

9.9 / 10

Distance

2.10 KM

Rose-des-vents

Public

Grades Served

Catchment Info

7.5 / 10

Distance

2.24 KM

Dr. George M. Weir Elementary School

Public

Grades Served

K-7

Catchment Info

6.3 / 10

Distance

2.25 KM

Secondaire Jules-Verne

Public

Grades Served

Catchment Info

7.5 / 10

Distance

2.31 KM

Kerrisdale Annex

Public

Grades Served

K-2

Catchment Info

0

Distance

2.32 KM

Royal Canadian College

Independent

Grades Served

9-12

Catchment Info

5.6 / 10

Distance

2.40 KM

J.W. Sexsmith Community Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

2.50 KM

Kerrisdale Elementary School

Public

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.73 KM

Crofton House

Independent

Grades Served

K-12

Catchment Info

9.5 / 10

Distance

2.81 KM

Prince of Wales Secondary School

Public

Grades Served

8-12

Catchment Info

8.4 / 10

Distance

2.87 KM

Sir Wm Van Horne Elementary School

Public

Grades Served

K-7

Catchment Info

7.2 / 10

Distance

2.98 KM

Pre-computed routes from 7061 Adera St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Langara-49th → Waterfront
    42 min
  • Metrotown, Burnaby via Langara-49th → Metrotown
    60 min
  • SFU Burnaby via Langara-49th → Production Way
    67 min
  • Richmond Centre via Langara-49th → Brighouse
    39 min
  • YVR Airport via Langara-49th → YVR-Airport
    40 min

By car (off-peak)

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

Calculate your commute

7061 Adera St, Vancouver, BC is ideally located for commuters. The property is 2.1 km from Langara-49th, with a 42 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Granville St @ W 54 Ave (0.29 km). Walk Score Transit rating: Good Transit (54/100).

Walkability & Transit Near 7061 Adera Street

Walk Score Badge
Car-Dependent 63

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 54

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
78

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 7061 Adera Street

2026 assessed value, sourced from City of Vancouver open data (PID 011-102-705).
Total Assessed Value (2026)
$6,921,000
+7.4% YoY
+11.7%/yr over 4 yr
2022 Value Trend 2026
Land
$3,083,000
Buildings
$3,838,000
Year Built
2021
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$37,692
Year Land Improvements Total Assessed YOY Change
2026 $3,083,000 $3,838,000 $6,921,000
+7.4%
2025 $3,399,722 $3,043,000 $6,442,722
+9.3%
2024 $3,175,000 $2,717,000 $5,892,000
+12.3%
2023 $3,242,200 $2,005,000 $5,247,200
+18.0%
2022 $3,222,000 $1,224,000 $4,446,000

Mortgage Calculator for 7061 Adera Street

/month
Principal & Interest
Property Taxes $2,392
Maintenance fee 0
Financing 80% of the $7,980,000 asking price over 30 years at 4% results in approximately $32,870/month in total estimated carrying costs, $2,392 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
This listing generates an estimated $17,060/month in rental income, leaving a -$16,267/month cashflow at current carrying costs. Investors targeting break-even would need roughly 63% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 7061 Adera 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 Granville, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $7,980,000
Vancouver Loading...
South Granville Loading...

No active comparable properties are currently available for this property type in Vancouver. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (15.0% price reduction) 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 7061 Adera Street

Walk Score Badge
Car-Dependent 63

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 54

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
78

Bike Score - Very Bikeable

Biking is convenient for most trips

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