Home Burnaby, BC Highgate Monterey 7371 Magnolia Terrace

7371 Magnolia Terr, Burnaby BC - Townhouse for Sale - MLS# R3060391

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Listing updated: Dec 10, 2025 at 12:30am

EstateBlock checked: Oct 7, 2026 at 02:45am

Monterey

3 Beds

2 Baths

1281 sqft

755 $ /sqft

431.31 $ Maint. fee

2000 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Dec 10, 2025 at 12:30am

EstateBlock checked: Oct 7, 2026 at 02:45am

Photo

About the building: Monterey

6782 Beresford Street, Burnaby

Monterey building details

Building

Built: 2001
Homes: 94 in 3 storeys
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: LMS4262
Managed by: Dwell Property Management
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: ManagementHot WaterGasGardeningGarbage Pickup

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 2
Rentals: Allowed

Market at Monterey

Sold, past year: 7

Homes for sale at Monterey, Burnaby Recent sold listings in Monterey, Burnaby

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

VERIFIED ACCOUNT REQUIRED

Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
Byrne Creek Community School: 1.34 km
Elementary
Clinton Elementary School: Average 1.14 km 6.8/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Francis de Sales: Above Average 0.47 km 9/10
Secondary
St.Thomas More Collegiate: 1.83 km

Closest Transit

Bus Stop
Westbound Rumble St @ 6800 Block: 0.16 km
Skytrain
Skytrain @ Edmonds Stn: 0.57 km

Crime Rate

Total Crime Rate: Below Average
Violent Crime Rate: Low
Property Crime Rate: Average

Demographics

Post-Secondary Education: Above Average 33.6%
No Certificate/Degree: Average 12.7%
Owner Occupied: Average 72%
Employment Rate: Average 60.1%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

38 / 100

Overall sell-speed score

May take longer

—

Price competition grade

No comparable data

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.57 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How HIGHGATE compares

This property

48 DOM

Average

Highgate avg

44 DOM

Average

Burnaby avg

44 DOM

Faster market

7371 Magnolia Terrace has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 7.1% and an area average of 44 days on market — buyers have more leverage. With only 84 competing homes currently listed, this property has moderate competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V5E 4M3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5E 4M3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline. Nearest station: Burnaby South, Burnaby (~1.6 km). Annual avg AQHI 2.2 — Low Risk.

Heat Moderate

Burnaby currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (36 nearby)

Mr. ho wonton house · 274 m · Restaurant
Pho century fine vietnamese cuisine · 278 m · Restaurant
Pearl hot pot · 292 m · Restaurant

Shopping (26 nearby)

Speed clean · 363 m · Laundry
Hair zone · 367 m · Hairdresser
Midgate optical · 423 m · Optician

Groceries (10 nearby)

Persia food · 292 m · Supermarket
Canaan meat · 358 m · Butcher
Al salam halal meat · 383 m · Butcher

Cafes (6 nearby)

Kea's meat & deli · 233 m · Cafe
Tim hortons · 382 m · Cafe
Starbucks · 599 m · Cafe

Healthcare (2 nearby)

Shoppers drug mart · 642 m · Healthcare
Edmonds pharmacy · 939 m · Healthcare

Transit (2 nearby)

Skytrain @ edmonds stn station · 576 m · Transit
Bus stop westbound 14 ave @ griffiths dr · 997 m · Transit

Schools NearBy

23 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
St. Francis de Sales	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 473 m
Brantford Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 970 m
Windsor Elementary School	Public	Grades Served K-7	Catchment Info —	5.5 / 10	Distance 999 m
Taylor Park Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 1.03 KM
Clinton Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.3 / 10	Distance 1.14 KM
Morley Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 1.21 KM
Burnaby South Secondary	Public	Grades Served —	Catchment Info —	5.2 / 10	Distance 1.53 KM
Glenwood Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 1.57 KM
Connaught Heights Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 1.62 KM
St. Thomas More Collegiate	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 1.87 KM
Lord Tweedsmuir Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 1.89 KM
Buckingham Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 1.98 KM
Our Lady of Mercy	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 2.03 KM
Lakeview Elementary School	Public	Grades Served K-7	Catchment Info —	7.4 / 10	Distance 2.03 KM
Twelfth Avenue Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.14 KM
Nelson Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.27 KM
Burnaby Youth Hub Secondary Program	Public	Grades Served —	Catchment Info —	2.7 / 10	Distance 2.48 KM
Lord Kelvin Elementary School	Public	Grades Served K-5	Catchment Info —	5.7 / 10	Distance 2.48 KM
New Westminster Secondary School	Public	Grades Served 9-12	Catchment Info —	6.7 / 10	Distance 2.53 KM
Sigma	Public	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.62 KM
New Westminster Continuing Education	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.63 KM
BC Provincial School For The Deaf Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.91 KM
South Slope Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.95 KM

Pre-computed routes from 7371 Magnolia Terr, Burnaby, BC

7371 Magnolia Terr, Burnaby, BC Edmonds 0.6 km

33 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Edmonds → Waterfront
33 min
Metrotown, Burnaby via Edmonds → Metrotown
15 min
SFU Burnaby via Edmonds → Production Way
25 min
Richmond Centre via Edmonds → Brighouse
58 min
YVR Airport via Edmonds → YVR-Airport
59 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
16 min
Metrotown, Burnaby via Lougheed Hwy
4 min
SFU Burnaby via Gaglardi Way
6 min
Richmond Centre via No. 3 Rd
16 min
YVR Airport via Bridgeport / Sea Island
19 min

Calculate your commute

7371 Magnolia Terr, Burnaby, BC is ideally located for commuters. The property is 0.6 km from Edmonds, with a 33 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Rumble St @ 6800 Block (0.16 km).

Mortgage Calculator for 7371 Magnolia Terrace

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $175

Maintenance fee 431.31

Financing 80% of the $967,000 asking price over 30 years at 4% results in approximately $4,299/month in total estimated carrying costs, $175 property tax, $431 maintenance fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $3,340/month in rental income, leaving a -$1,020/month cashflow at current carrying costs. Investors targeting break-even would need roughly 43% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 7371 Magnolia Terrace, Burnaby

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.