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Enjoy summer evenings on your private 300 sq ft Rooftop Patio with southern views! Welcome home to "The Monterey" by award-winning Adera. This south-facing, 2-bedroom, 2-bath, 2-level townhome features a bright, open-concept floorplan with over 1,000 sq/ft of living space, hardwood flooring, a gas fireplace, a functional kitchen, & powder room on the main level. Upstairs, you will find 2 generously sized bedrooms, a washer/dryer, & a full bath with a linen closet. 2 dogs & 2 cats allowed in this proactive strata. Steps to Edmonds Skytrain, Highgate shopping, & all levels of schools. 1 parking space and 1 locker are included, plus ample visitor parking. Call Today! OPEN HOUSE SAT JULY 11th, 1-2:30PM
Open houses
11 Jul, 2026 (12:00 PM to 01:30 PM)
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Interior Features | Storage |
| Fireplace | 1 |
| Heating Type | Baseboard, Electric |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Hardwood |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden |
|---|---|
| View Description | South View |
| Roof | Asphalt, Torch-On |
| Structures | Residential Attached |
| Price | $739,000 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 2 |
| Full Bathrooms | 1 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 1025 |
| Year Built | 2000 |
| Age Of Building | 26 |
| Building Type | Townhouse |
| Property Type | Residential |
| Stories | 2 |
| Building Amenities | Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal |
| Building Name | The Monterey |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $381.24 |
| Community Features | Gated, Shopping Nearby |
| Amenities Nearby | Caretaker, 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, Side Access |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed,Rentals Allowed |
| Pet Restrictions | Cats OK, Dogs OK, Yes |
| Units In Development | 94 |
| Lot Size Depth | Feet |
|---|---|
| MLS® # | R3138628 |
| Area | Burnaby South |
| Neighbourhood | Highgate |
| City | Burnaby |
| Postal Code | V5E 4M3 |
| Gross Taxes | $2,401.77 |
| Zoning | CD |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 14'5 x 14'5 ft |
| Main Level | Dining Room | 9'0 x 9'0 ft |
| Main Level | Kitchen | 10'6 x 10'6 ft |
| Above Level | Primary Bedroom | 15'0 x 15'0 ft |
| Above Level | Bedroom | 11'7 x 11'7 ft |
| Above Level | Walk-In Closet | 5'8 x 5'8 ft |
| Above Level | Patio | 19'8 x 19'8 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #2 |
| Above Level | No | #4 |
Listed by: Oakwyn 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
7317 Magnolia Terrace has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
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).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~1.6 km). Annual avg AQHI 2.2 — Low Risk.
Burnaby currently sees ~1 days 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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
7317 Magnolia Terr, Burnaby, BC is ideally located for commuters. The property is 0.6 km from Edmonds, with a 34 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Kingsway @ Sperling Ave (0.19 km). Walk Score Transit rating: Excellent Transit (78/100).
Based on 2 comparable active townhouses in Highgate, the average asking price is $767,667. This listing is priced 3.7% below the neighbourhood average.
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