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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.

Thinking of selling in Highgate?

See what your home could be worth and how the local market is moving.

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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