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$739,000

7327 MAGNOLIA TERRACE

Burnaby BC V5E 4M3 - Highgate
2 bd
1.5 ba
1,013 sqft
Built 2000

About This Property

Your private Rooftop Patio awaits! Welcome home to this South facing 2 bedroom 2 bathroom Townhouse in the popular, Rainscreened, 'Monterey' by Adera. Over 1,000 sq/ft of living space with open concept living & dining, functional kitchen & powder room on the main floor. Upstairs you will find 2 good sized bedrooms & a bright full bath with extra storage.…

Features

Storage
Underground
Guest
Side Access
Shopping Nearby
Room measurements7 rooms
KitchenMain · 7'5 × 9'5
Living RoomMain · 11'10 × 10'4
Dining RoomMain · 8'11 × 11'7
FoyerMain · 5'5 × 9'
Primary BedroomAbove · 10'4 × 14'2
BedroomAbove · 8'8 × 11'5
PatioAbove · 21'8 × 19'4

Property Details

MLS NumberR3121870
Property TypeTownhouse
Bedrooms2
Bathrooms1.5
Square Feet1,013
Year Built2000
Parking Spaces1
HeatingBaseboard, Electric
Strata Fee$375.4/mo
StatusClosed
Listed ByRoyal LePage Elite West

School Catchment

Elementary Clinton
Secondary Burnaby South

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$690,000Median home value
$75,500Median household income
63.3%Owner-occupied
3.7%Single-detached homes
2.3Avg household size
37.6Median age
48.7%Bachelor's degree or higher (25-64)
52.2%Commute under 30 min
67.3%Drive to work
58.3%Foreign-born residents
7,333Neighbourhood population

Age

Under 15: 13.8%15 to 64: 72.2%65 and over: 14%
  • Under 1513.8%
  • 15 to 6472.2%
  • 65 and over14%

Household size

  • 1 person30.5%
  • 233.9%
  • 318.3%
  • 412.1%
  • 5 or more5.2%

Language spoken at home

31.5% English mother tongue

  • Mandarin15.7%
  • Cantonese14.9%
  • English + other5.9%
  • Tagalog4.7%
  • Korean3.3%
  • Spanish2.2%
  • All others21.8%

Mother tongue, share of 7,335 residents.

How this pocket differs

  • fewer seniors 65+ than Highgate 14% vs 18.5%
  • more Cantonese speakers than Highgate 14.9% vs 11.7%
  • Median dwelling value is notably lower than Metro Vancouver $690,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $4,035
Mortgage payment$3,408
Strata fee$375
Property tax$202
Home insurance$50
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Sep 3

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