7313 Magnolia Terr, Burnaby, BC, MLS® R3079361

$730,000
Est. Mortgage /mo

NEW

$730,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
1 Baths
1 Stories
$ 339.45 Maint. Fee
941 sqft
2000 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

7313 Magnolia Terr, Burnaby, BC | MLS® R3079361 Property Details

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

Price $730,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 941
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2000
Age Of Building 26
Building Type Townhouse
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS® # R3079361
Area Burnaby South
Neighbourhood Highgate
City Burnaby
Gross Taxes $2,235.02
Ownership Type Freehold Strata
Maintenance Fee $339.45
Community Features Shopping Nearby
Amenities Nearby Maintenance Grounds, Gas, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace 1
Heating Type Electric, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Side Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions No Cats, Dogs OK, Yes With Restrictions
Rental Restrictions -
Zoning RM3
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Vinyl
Foundation Slab
Locker -
View -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Nu Stream Realty Inc.

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.

Neighborhood Info

Public Schools

Secondary
Byrne Creek Community School
1.41 km
Elementary
Clinton Elementary School
Average
1.12 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
0.41 km
9/10
Excellent
Secondary
St.Thomas More Collegiate
1.89 km

Closest Transit

Bus Stop
Eastbound Kingsway @ Sperling Ave
0.19 km
Skytrain
Skytrain @ Edmonds Stn
0.64 km

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

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.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $730,000
Burnaby $729,242
Highgate $785,000
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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