NEW
BURNABY BUYERS Alert !!! OVER 900sqft townhome in this popular Adera built complex — THE VILLAGE— This spacious 1-level townhouse has a Private exterior entrance. Luxury Vinyl plank through All the space, large 2 bedrooms + a bonus Den/office area for the stay at home professionals or play area for your children. Huge Living room/Dining & Kitchen completely open for easy entertaining. This property is great for a young couple or family or even anyone wanting 1-level living in a great location. Completely secure w/ lots of storage & secure parking. Close to Skytrain, Shopping, children park, Byrne Creek, woods & schools.
General Info
Property Metrics
Additional Details
Heating & Cooling
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Parking
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 4' x 4' ft |
| Main Level | Living Room | 14'3 x 14'3 ft |
| Main Level | Great Room | 8' x 8' ft |
| Main Level | Kitchen | 8'9 x 8'9 ft |
| Main Level | Den | 7'3 x 7'3 ft |
| Main Level | Bedroom | 12'3 x 12'3 ft |
| Main Level | Primary Bedroom | 14'7 x 14'7 ft |
| Main Level | Walk-In Closet | 5'8 x 5'8 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
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Welcome to 7313 Magnolia Terrace, a beautiful home situated in the heart of Burnaby, BC, with the listing MLS® R3079361. As your trusted realtor, I'm excited to take you on a tour of this fantastic community, highlighting its key features, amenities, and what makes it a great place to call home.
Schools and Education
Let's start with the educational institutions that serve this area. The property is serviced by Clinton Elementary School, which has a rating of 6.8/10. Clinton Elementary is located just 1.12 km from your doorstep, making it an ideal choice for families with young children. In addition to Clinton Elementary, the area is also served by Byrne Creek Community School, with a rating of No Rating, and located 1.41 km from this home. For those seeking a Catholic education, St. Francis de Sales Elementary School is just 0.41 km away, boasting a rating of 9/10. For secondary education, St. Thomas More Collegiate is 1.89 km from this home, with a rating of No Rating.
Crime and Safety
According to the latest crime data from Statistics Canada (2020), this neighbourhood has a crime rate of 6,145.56, which is considered Below Average compared to other Canadian cities. In terms of specific crime types, the drug crime rate is also Below Average, with a rating of 126.78. Property crimes, however, are Average in this area, with a rating of 3,691.76. On the positive side, violent crime rates are Low, with 893.28 incidents per 100,000 population. Overall, this area is considered a safe and welcoming community.
Demographics and Lifestyle
Let's take a closer look at the demographics of this neighbourhood. With 33.6% of residents holding a university certificate or degree, this area has a High level of educational attainment. In contrast, only 12.7% of the population have no certificate or degree, which is Below Average compared to other BC neighbourhoods. The median household income is $55,723, which is Below Average in comparison to the British Columbia average. However, 72% of households in this area have a mortgage, which is High. The unemployment rate is also Below Average, at 6.1%.
Transportation and Commuting
Convenience is key when it comes to transportation, and this area delivers. The closest bus station is Eastbound Kingsway @ Sperling Ave, just 0.19 km away from this home. With a population density of 4,590.5 people per square kilometre, this area is well-connected and easily accessible.
Real Estate and Lifestyle
This real estate market offers a range of options, with an average dwelling value of $536,746 in this neighbourhood. This is Above Average compared to other areas in British Columbia. In terms of owner payments, the average is $1,451, which is also Above Average. Tenants, on the other hand, are paying an average of $1,135, which is Above Average as well. With 36.6% of the population renting, this area is a great option for those seeking a rental property.
Language and Culture
This neighbourhood is culturally diverse, with 4.3% of residents speaking both English and French, 86.7% speaking English only, and 8.8% speaking neither language. While English is the dominant language, there is a notable presence of other languages spoken in the area.
Community and Amenities
This community offers a range of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. With a mix of housing types and age demographics, this area is a great place to call home.
Conclusion
In conclusion, 7313 Magnolia Terrace, Burnaby, BC, with the listing MLS® R3079361, is a fantastic opportunity to own a home in a sought-after neighbourhood. With its excellent schools, low crime rate, and convenient transportation options, this area is a great choice for families and individuals alike. Whether you're looking for a rental property or a place to call your own, this community has something for everyone. Contact me today to schedule a viewing and make this property your dream home.
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