Property Type: Detached HouseOwnership: Freehold

6981 LAUREL STREET

Vancouver, BC V6P3T6

$5,480,000

6 bed8 bath4 parking5,100 sqftBuilt 2008
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
8,410 square feet
Frontage
58 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$26,301.7 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Radiant heat, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Parking

Total spaces
4 — covered indicated
Features
Detached Garage

Listing Information

MLS®
R3107072
Listed
April 6, 2026
Time on market
On the market for 147 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Luxmore Realty · Data source: CREA DDF.

Description

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 (id:63159)

Values & Trends

This listing

$1,075/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Detached (House) Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$2,303,200

Jul 2026

Average Sale Price

$2,623,974

Jul 2026

Monthly Sales

131

Jul 2026

Active Listings

1,316

Jul 2026

Sales-to-Active Ratio

10.0%

Jul 2026

Median Days to Contract

27 days

Jul 2026

MLS® HPI Benchmark Price

$2,657,400
$2,280,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

5/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Sir Winston Churchill SecondaryElementary149 m
Oakridge Montessori Children's Learning(Independent)Elementary197 m
Sir Wilfrid Laurier ElementaryElementary348 m
Dr Annie B Jamieson ElementaryElementary718 m
Sir William Osler ElementaryElementary1.2 km
des ColibrisElementary1.3 km
Johnathan Academy(Independent)Secondary1.3 km
King David High School(Independent)Secondary1.3 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Northbound Oak St @ W 54 Ave201 m
Southbound Oak St @ W 54 Ave227 m
Northbound Oak St @ W 57 Ave317 m
Southbound Oak St @ W 57 Ave384 m
Northbound Oak St @ W 59 Ave536 m

Nearby Places

Restaurants (2)

  • Sushi Mura · 6485 Oak Street618 m
  • Phở Hòa631 m

Cafes (4)

  • Tim Hortons563 m
  • Dylan's · 561 West 57th Avenue591 m
  • Jazen Tea635 m
  • Cafe Algan · 688 West 58th Avenue689 m

Parks (3)

  • Cambie Park562 m
  • Oak Park727 m
  • Tisdall Park781 m

Pharmacies (1)

  • PharmaChoice · 571 West 57th Avenue608 m

Banks & ATMs (3)

  • Unnamed562 m
  • RBC630 m
  • Beem Credit Union · 608 West 58th Avenue750 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,096,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,384,000.00
Periodic payment — Principal & Interest (monthly)$28,284.08
Additional monthly expenses (strata, tax, utilities, etc.)$2,446.81
Total monthly cost$30,730.89
Interest paid over 5-yr term$1,256,467.00
Balance at end of term$3,943,422.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,096,000
Stress test qualifying rate8.09%
Payment you must qualify for$33,711.43

Cash Needed at Closing

Minimum down payment$1,096,000
Estimated BC PTT$192,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,289,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information