8.6% price reduction

7061 Adera St, Vancouver, BC

$8,580,000
Est. Mortgage /mo

MLS® R3020408

7 Beds
8 Baths
6308 sqft
1360 $ /sqft
2024 Built
$8,580,000
$9,390,000
Est. /mo with 20% down
$1,360/sqft · Tax $28,705/2024
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

8.6% 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.

General Info

Price $8,580,000
Total Bedrooms 7
Total Bathrooms 7
Half Bathrooms 1
Floor Area Total (sqft) 6308
Lot Size 8743
Lot Size Depth Feet
Lot Size Frontage 64.7
Basement Full, Finished
Basement Features -

Property Metrics

Year Built 2024
Age Of Building 2
Building Type Single Family Residence
Property Type Residential
Architecture Style Laneway House
Stories 2
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3020408
Building Name -
Area Vancouver West
Neighbourhood South Granville
City Vancouver
Postal Code V6P 5C5
Price per Sqft $1,360
Gross Taxes $28,704.5
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 3
Heating Type Radiant

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Single
Total Parking Spaces -
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.

Neighborhood & Transit Info

Public Schools

Secondary
Magee Secondary School
1.02 km
Elementary
Maple Grove Elementary School
Above Average
1.06 km
8.6/10

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

Private Schools

Elementary
Vancouver Hebrew Academy
0.67 km
Elementary, Secondary
Vancouver College
1.75 km

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $2,392
Maintenance fee 0
Financing 80% of the $8,580,000 asking price over 30 years at 4% results in approximately $35,162/month in total estimated carrying costs, $2,392 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $18,360/month in rental income, leaving a -$17,278/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.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $8,580,000
Vancouver Loading...
South Granville Loading...
Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $8,016,000 across 2 active listings — this listing is 7% above the Vancouver average. This property is flagged as a Hot Deal (8.6% 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

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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