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$899,000

7393 MAGNOLIA TERRACE

Burnaby BC V5E 4M3 - Highgate
3 bd
2 ba
1,503 sqft
Built 2000

About This Property

Rarely available! Bright and spacious townhouse at The Monterey by Adera, offering one of the largest floor plans in the complex. This well-designed home features an open-concept main floor with a bright living area, a newly renovated kitchen, and a charming back yard perfect for entertaining. Upstairs offers two comfortable bedrooms and a full bathroom,…

Features

Playground
Underground
Front Access
Concrete
Room measurements8 rooms
Primary BedroomAbv Main 2 · 11'10 × 10'10
BedroomAbove · 8'1 × 14'4
BedroomAbove · 8'11 × 12'
Dining RoomMain · 8'6 × 6'10
Living RoomMain · 18' × 11'2
KitchenMain · 10'1 × 7'7
StorageBelow · 7'2 × 9'5
Recreation RoomBelow · 10'3 × 14'5

Property Details

MLS NumberR3131432
Property TypeTownhouse
Bedrooms3
Bathrooms2
Square Feet1,503
Year Built2000
Parking Spaces2
HeatingBaseboard, Electric
Strata Fee$555.11/mo
StatusClosed
Listed ByLeHomes Realty Premier

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 $5,060
Mortgage payment$4,146
Strata fee$555
Property tax$304
Home insurance$55
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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