7061 Adera Street, Vancouver, V6P 5C5 — photo 1

$7,980,000

7061 Adera Street, Vancouver, V6P 5C5
Active
7 Bedrooms 8 Bathrooms 6,308 sqft Built 2024 Residential

About This Property

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.

New ConstructionFireplace

Property Details

MLS #

R3020408

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Laneway House

Ownership

Freehold NonStrata

Zoning

R1-1

Bedrooms

7

Full Baths

7

Half Baths

1

Kitchens

3

Fireplaces

3

Living Area

6,308 sqft

Main Floor

1,636 sqft

Above Main

1,701 sqft

Basement

2,138 sqft fin.

Lot Size

8,743 sqft

Lot Dimensions

64.7 x 135.14

Frontage

64.7

Year Built

2024

Age

2 years

Roof

Fibreglass

Construction

Frame Wood, Mixed (Exterior), Stone (Exterior), Stucco

Structure

Residential Detached

Garage Spaces

1

Parking Type

Garage Single

Original Price

$9,390,000

Taxes

$28,704.5/yr

Listed

2025-06-26

MLS Area

South Granville

City

Vancouver

Postal Code

V6P 5C5

Features & Finishes

Heating

Radiant

Flooring

Mixed · Wall/Wall/Mixed

Fireplace

Gas

Patio / Porch

Patio · Deck · Rooftop Deck

Exterior Features

Balcony

Building & Community

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Community, Electricity Connected, Natural Gas Connected, Water Connected

Disclosures

Property Disclosure

Yes

Coordinates: 49.221226, -123.144125 · Map data © Google

6.4

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market33% above market — check if justified
Days on market312 days — significantly stale, strong negotiation position
Price historyPrice dropped 15% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$7,536,828

5.6% below asking price

Negotiation Range

$7,337,328$7,656,528

$319,200 spread

$7,337,328$7,980,000 ask

Based on 82 recent sales, a starting offer around $7,536,828 (5.6% below ask) is reasonable. Your negotiation range is $7,337,328 – $7,656,528.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Price already reducedSeller dropped from 15% off original ask — indicates motivation
Extended market time312 days listed — well above market avg of 175 days, increased negotiation leverage
Above-average DOM312d vs market avg of 175d — property may have a pricing or condition issue

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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