7431 Magnolia Terr, Burnaby, BC | MLS^® R3064450 Property Details

Opportunity Awaits at Rockhill! This 2-bed, 2-bath townhouse in Burnaby offers over 900 sq.ft. of potential at an unbeatable price. With a spacious, open kitchen, a cozy gas fireplace, and laminate flooring, this unit is ready for your personal touch. The living room features charming bay windows, and the primary bedroom boasts vaulted ceilings, a bay window, and a MASSIVE walk-in closet. Enjoy outdoor space with a private front patio — perfect for barbecuing. LOW STRATA FEES, secured underground parking, and a prime location, WALKING DISTANCE TO EDMONDS SKYTRAIN STATION, shopping, and recreation. Bring your vision and make this home yours! Offered BELOW ASSESSED VALUE.

Open houses

22 Nov, 2025 (02:00 PM to 04:00 PM)

General Info

Price $749,900

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 1

Floor Area Total (sqft) 908

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1999

Age Of Building 26

Building Type Townhouse

Property Type Residential

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Amenities Trash, Maintenance Grounds, Snow Removal

Building Features BuildingFeatures

Structures Residential Attached

Additional Details

MLS^® # R3064450

Area Burnaby South

Neighbourhood Highgate

City Burnaby

Gross Taxes $2,450.77

Ownership Type Freehold Strata

Maintenance Fee $295.32

Amenities Nearby Trash, Maintenance Grounds, Snow Removal

Fixtures Included -

Heating & Cooling

Fireplace 1

Heating Type Baseboard, Electric, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Under Building

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions

Rental Restrictions -

Zoning RM3

Rental Suites None

# of Kitchens 1

Flooring Laminate, Tile

Foundation Concrete Perimeter

View Description -

Units In Development -

Sewer Public Sewer, Sanitary Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13'0 x 13'0 ft
Main Level	Dining Room	8'4 x 8'4 ft
Main Level	Kitchen	8'3 x 8'3 ft
Main Level	Storage	12'0 x 12'0 ft
Above Level	Primary Bedroom	11'3 x 11'3 ft
Above Level	Walk-In Closet	4'0 x 4'0 ft
Above Level	Bedroom	8'11 x 8'11 ft

Listed by: Team 3000 Realty Ltd.

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

1.26 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

0.57 km

Secondary

St.Thomas More Collegiate

1.83 km

Closest Transit

Translink

Westbound Rumble St @ 6800 Block

0.06 km

Skytrain

Skytrain @ Edmonds Stn

0.49 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Possible

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 7431 Magnolia Terrace, a beautiful home in the heart of Burnaby, BC!

As we step into this charming community, you'll notice the excellent educational opportunities available to its residents. The property with listing MLS^® R3064450 is conveniently located near Clinton Elementary School, a highly-rated institution with a 6.8/10 rating. This school is just a short 1.12 km away, making it an ideal choice for families with young children.

But that's not all - this home is also serviced by Byrne Creek Community School, which is just 1.26 km away. And for those seeking a more independent educational experience, St. Francis de Sales Elementary School is just 0.57 km from the property, boasting an impressive 9/10 rating.

Experience a Safe and Thriving Community

Now, let's talk about the safety and security of this neighborhood. According to the latest crime statistics from Statistics Canada (2020), the area surrounding 7431 Magnolia Terrace has a Below Average overall crime rate of 6,145.56 incidents per 100,000 population. This is a testament to the community's strong sense of security and well-being.

But what does this mean for you? It means you can enjoy peace of mind knowing that your family and property are safe and secure. And with a -11.13% year-over-year change in the total crime rate, you can be confident that this trend will continue.

Discover the Best of Burnaby

This home is not just a place to rest your head - it's a gateway to a vibrant and diverse community. With an average household income of $55,723 (Below Average compared to BC), you'll find a mix of young professionals, families, and long-time residents who call this neighborhood home.

But what about transportation? You'll be happy to know that the closest Bus station, Westbound Rumble St @ 6800 Block, is just 0.06 km away from this property with MLS^® R3064450. And with a 33.6% of the population holding a university certificate or degree (High compared to BC), you'll find a community that values education and learning.

A Home that Fits Your Lifestyle

As you explore this neighborhood, you'll discover a range of amenities that cater to your every need. From parks and beaches to trails and dog parks, there's something for everyone. And with a 36.6% of the population renting their homes (Above Average compared to BC), you'll find a mix of owner-occupied and rental properties to suit your lifestyle.

Make 7431 Magnolia Terrace Your Home

So why wait? Come and experience the best of Burnaby at 7431 Magnolia Terrace, a beautiful home with MLS^® R3064450. With its excellent schools, safe and thriving community, and vibrant amenities, this property is the perfect choice for anyone looking to call this neighborhood home.

Key Statistics:

Average dwelling value: $536,746 (Above Average compared to BC)
Average owner payments: $1,451 (Above Average compared to BC)
Average tenant payments: $1,135 (Above Average compared to BC)
Population density: 4,590.5 people per sq. km (High compared to BC)
Unemployment rate: 6.1% (Below Average compared to BC)
Average age of the population: 40.1 years (Below Average compared to BC)

Don't miss out on this incredible opportunity to own a piece of Burnaby's history. Contact me today to schedule a viewing and make 7431 Magnolia Terrace your home!