7307 Magnolia Terr, Burnaby BC - Townhouse for Sale - MLS# R3107440

$695,000
Est. Mortgage $3,075/mo
The Monterey
2 Beds
2 Baths
925 sqft
751 $ /sqft
339.47 $ Maint. fee
2000 built
$695,000
Est. $3,075/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 7307 Magnolia Terrace

RARELY AVAILABLE one-level townhome at The Monterey offering outstanding value in the heart of Highgate! This spacious 2 bed, 2 bath corner unit features 925 sq ft with a private front entrance, easy street-level access, and a large east-facing patio - perfect for morning sun and outdoor enjoyment. Functional layout with generous living/dining areas, cozy gas fireplace, and oversized windows for natural light. Primary bedroom includes WIC + 4-piece ensuite. In-suite laundry offers storage/flex space for office or den. Quiet, private setting with 1 parking + 2 lockers, plus additional street parking conveniently located near the front entrance. Pet-friendly complex. A compelling alternative to condo living near trails, SkyTrain, shops, recreation and schools. Call to view.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Freezer
Interior Features Storage
Fireplace 1
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Mixed, Carpet
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Attached

Building Details

Price $695,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 925
Year Built 2000
Age Of Building 26
Building Type Townhouse
Property Type Residential
Stories 1
Building Amenities Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Building Name The Monterey
Ownership Type Freehold Strata
Maintenance Fee $339.47
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Lot & Land

MLS® # R3107440
Area Burnaby South
Neighbourhood Highgate
City Burnaby
Postal Code V5E 4M3
Gross Taxes $2,240.99
Zoning RM3

Property Timeline

Status Date Price
R3107440 / Pending 04-07-2026 $695,000
Rooms
Floor Type Dimensions
Main Level Living Room 14'5 x 14'5 ft
Main Level Dining Room 10'11 x 10'11 ft
Main Level Kitchen 10'1 x 10'1 ft
Main Level Primary Bedroom 11'5 x 11'5 ft
Main Level Walk-In Closet 4'4 x 4'4 ft
Main Level Bedroom 11'1 x 11'1 ft
Main Level Laundry 6'10 x 6'10 ft
Main Level Foyer 6' x 6' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level Yes #4

Listed by: Macdonald Realty & Macdonald Realty

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.

Map & Neighbourhood

Public Schools

Secondary
Byrne Creek Community School
1.33 km
Elementary
Clinton Elementary School
Average
1.16 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
1.82 km

Closest Transit

Bus Stop
Westbound Rumble St @ 6800 Block
0.17 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 7307 Magnolia Terrace

Pre-computed routes from 7307 Magnolia Terr, Burnaby, BC (Server-rendered · Indexed by Google)

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 (JS — not indexed, but keeps users on page)

7307 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 (0.17 km).

Mortgage Calculator for 7307 Magnolia Terrace

/month
Principal & Interest
Property Taxes $187
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($139,000), the estimated monthly payment for this listing is $3,180/month — $2,654 principal & interest, $187 property tax, $339 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $2,597/month, this property runs a $640/month shortfall after mortgage and carrying costs. Break-even requires approximately 40% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Highgate, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $695,000
Burnaby Loading...
Highgate Loading...

Based on 4 comparable active townhouses in Highgate, the average asking price is $695,000. This listing is priced 0% below the neighbourhood average.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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