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6996 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West) : MLS®# R2691940

Posted by Aedis Realty on January 26, 2023
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Ups and Downs in Kerrisdale

Geography and Demography

KerrisdaleIn the Canadian City of Vancouver, British Columbia, the affluent westside neighbourhood of Kerrisdale lies between 33d Avenue on the north, Blenheim Street on the west, West Avenue on the east, and the Fraser River on the south. Commercial shopping districts are along West 41st Avenue from Larch to Maple streets and along West Boulevard from 37th to 47th avenues.

The 2006 Census reported 14,615 inhabitants. Originally thoroughly British demographically, Kerrisdale has received since the mid ’80s an influx of affluent Hong Kong emigrants, many of whom have built large, modern houses, making Kerrisdale an architectural mixture of lavish new and renovated houses. In 2007, Blocktalk.ca reported an estimated median annual household income of $113,286, much higher than the average for Metro Vancouver generally.

History

In 1862, the McCleery family became the first to farm the land of the present McCleery Golf Course on the river. By the mid-1870s, with many more families farming the area, the logging industry was well underway. A local legend is that “Kerrisdale” is a corruption of “Kerry’s Dale,” the ancestral home in Scotland of an early resident who, when asked to choose a name for a British Columbia Electric Railway station for the area, made that choice. In 1912, the streetcar went from Kerrisdale along then-graveled 41st Avenue to Granville Street, where connecting service took passengers to Downtown Vancouver.

Until 1929, when they merged to form the City of Vancouver, three municipalities, Vancouver, South Vancouver, and Point Grey, which included Kerrisdale, provided local government services. Point Grey Secondary School, founded in 1929, and the Point Grey Golf & Country Club recall those earlier days. The Kerrisdale Community Centre now occupies the block on which the Point Grey Municipal office once stood.

Kerrisdale Business Association

Kerrisdale 2The West 41st Avenue businesses between Larch and Maple streets belong to the Kerrisdale Business Association. In all, about 250 businesses and property owners are members. Established in 1990, it is the oldest business association in Vancouver. Members fund general area maintenance and beautification, hiring a full-time gardener during summer months. The association employs for its properties a nighttime security force that operates during daytime hours as well in December.

Every September, association members elect a board of directors of about 25 individuals who then appoint executive officers. The full board meets on the first Wednesday of every month. Dedicated board members engage fully in committees on beautification, finance, marketing, parking, publicity, and security.

Information Links:

http://www.kerrisdalevillage.com/index.php
http://vancouver.ca/green-vancouver/kerrisdale.aspx
http://www.kerrisdalecc.com
http://vancouver.ca/docs/planning/arbutus-ridge-kerrisdale-shaughnessy-arks-community-vision-full-report.pdf

An Association Casualty

Inevitably, there must be a downside to the steady rise in Kerrisdale property values. As an example, Thomas Hobbs opened a gift shop on West 41st Avenue near West Boulevard in the heart of the business association area in 1989 and operated it for 23 years until closing in December 2012. Hobbs said the gift shop was Vancouver’s “home store” for which he travelled to Italy and France for high-end merchandise artfully displayed behind his store windows. Hobbs lamented that most shoppers now seem to prefer big box stores over independent retailers.

Hobbs said the gift shop is not the only victim of Kerrisdale’s changing times. To make that point, his 2012 Halloween storefront display had tombstones etched with the names of other Kerrisdale independent businesses that have closed in recent years. Hobbs said annual rent on his retail space had increased tremendously to $120,000, half of which pays the landlord’s property tax. He estimated that he has paid millions of dollars in rent since opening the shop in 1989.

New Kerrisdale Live MLS Listings

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6996 LABURNUM Street
Kerrisdale Vancouver V6P 5M9

$6,880,000
Residential Detached beds: 7 baths: 7.0 5,382 sq. ft. built: 1998

Main Photo: 6996 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2691940
Photo 1: 6996 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2691940
Photo 2: 6996 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2691940
Photo 3: 6996 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2691940
Photo 4: 6996 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2691940
Photo 5: 6996 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2691940
Photo 6: 6996 LABURNUM Street in Vancouver: Kerrisdale House for sale (Vancouver West)  : MLS®# R2691940
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Status:
Active
Prop. Type:
Residential Detached
MLS® Num:
R2691940
Bedrooms:
7
Bathrooms:
7
Year Built:
1998
Truly glamorous mansion with full attention to details in craftsmanship & finishing. This 5382 SF 7 bed, 7 baths home is on a huge 75x130 (9685) SF lot that is located in the heart of Kerrisdale. Glorious Entrance w/high ceiling Lvg, Dining & Family rm, spacious office with extra E/S bed on main floor. 4 generous size ensuite beds on upper level. Master bedroom has huge balcony with distant view of the water & beautiful sunset. Entertaining sized open kit w/high-end cabinetry & top of line appls, radiant flr heat, A/C, HRV, wok kit, gym, HOME THEATRE, I/D POOL, SAUNA, STEAM & BATH. New paint in the basement last year. Top School catchment-Maple Grove Elementary and Magee Secondary, Crofton House and St. George's. Close to UBC, public transit, downtown.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
Year built:
1998 (Age: 25)
Total area:
5,382 sq. ft.
Total Floor Area:
5,382 sq. ft.
Price Per SqFt:
Total unfinished area:
Main Floor Area:
1,898 sq. ft.
Floor Area Above Main:
Floor Area Above Main 2:
Floor Area Detached 2nd Residence:
Floor Area Below Main:
Basement Area:
No. Floor Levels:
3.0
Rainscreen:
Bedrooms:
7 (Above Grd: 5)
Bathrooms:
7.0 (Full:6/Half:1)
Kitchens:
Rooms:
Taxes:
$15,953 / 2021
Lot Area:
9,685 sq. ft.
Lot Frontage:
74'6"
Lot Depth:
130
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Pad Rental:
# or % of Rentals Allowed:
# or %:
Water Supply:
Plan:
VAP5761
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
Fully Finished
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplaces:
2
Fireplace Details:
Parking:
Parking Total/Covered:
5 / 3
Parking Access:
Driveway:
Exterior Finish:
Title to Land:
Freehold NonStrata
Flood Plain:
Suite:
Floor
Ensuite
Pieces
Other
Above
Above
Above
Above
Main
Main
Bsmt
Air Conditioning, Clothes Washer/Dryer/Fridge/Stove/DW, Heat Recovery Ventilation, Intercom, Microwave, Security System, Sprinkler - Fire, Swimming Pool Equipment
Water
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Cats:
Dogs:
Units in Development:
Plumbing Details:
Services Connected:
Previous Price:
Original Price:
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Listed by Optim Pacific Realty
Data was last updated January 27, 2023 at 12:10 AM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$5,600,000
Min list price:
$2,058,000
Max list price:
$26,888,000
Avg days on market:
105
Min days on market:
3
Max days on market:
360
Avg price per sq.ft.:
$1,237.27
These statistics are generated based on the current listing's property type and located in Kerrisdale. Average values are derived using median calculations.
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