7389 Magnolia Terr, Burnaby, BC, MLS® R2880011

$1,100,000
Est. Mortgage /mo

Closed

$1,142,000
Closed at 09 Jul 2024
Listing price: $1,100,000
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
3 Beds
2 Baths
3 Stories
$ 523.61 Maint. Fee
1551 sqft
2000 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Come have a look at this beautiful townhouse in a great quiet complex. A super functional layout with open concept kitchen featuring stainless steel appliances. Second floor has opposing bedrooms, top floor master bedroom has en-suite and walk in closet. A bright unit, recently painted and well kept. Cherry wood floors on main level. Outdoor space includes fenced in backyard, great for BBQ. Two bedrooms and one bath on the second floor and a private spacious master bedroom with vaulted ceiling on the third floor. Bright basement recreation room with above-ground windows, usable as an office or theatre. Bonus insuite storage. Two parking spaces available right outside the basement entry. Highgate Mall and Skytrain station are mere minutes away. Playground across the street.

General Info

Price $1,100,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1551
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement Full, Finished
Basement Features BasementFeatures

Property Metrics

Year Built 2000
Age Of Building 24
Building Type Townhouse
Property Type Residential
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Trash, Gas, Hot Water, Management, Snow Removal
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS # R2880011
Area Burnaby South
Neighbourhood Highgate
City Burnaby
Gross Taxes $3,059.17
Ownership Type Freehold Strata
Maintenance Fee $523.61
Community Features Shopping Nearby
Amenities Nearby Trash, Gas, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Natural Gas

Utilities

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

Parking

Parking Type Garage Under Building, Side Access
Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Rental Restrictions 100
Zoning CD
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile, Carpet
Foundation Block, Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX All Points 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.

Neighborhood Info

Public Schools

Secondary
Byrne Creek Community School
1.38 km
No Rating
Elementary
Clinton Elementary School
Average
1.11 km
Rating 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
0.44 km
No Rating
Secondary
St.Thomas More Collegiate
1.88 km
No Rating

Closest Transit

Translink
Westbound Rumble St @ 6800 Block
0.19 km

7389 Magnolia Terrace is serviced by Clinton Elementary School. The property with listing MLS® R2880011 is located 1.11 km from the school. Clinton Elementary School has a rating of Rating 6.8/10.

This home with address 7389 Magnolia Terrace, Burnaby, BC is also serviced by Byrne Creek Community School and located 1.38 km from it. Byrne Creek Community School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7389 Magnolia Terrace is St. Francis de Sales with School's rating No Rating, located 0.44 km from this home.

The closest to this address 7389 Magnolia Terrace Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 1.88 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 15,851 volation disturbances in this neighbourhood. The overall crime rate near the address - 7389 Magnolia Terrace, Burnaby, BC is 6,145.56. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -11.13%

Drug crime rate next to the listing MLS® R2880011 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 126.78. There were 327 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 2.35%

Property crimes in the neighbourhood close to real estate listing for sale 7389 Magnolia Terrace are Average. Property misconduct rating adjacent to MLS® R2880011 is 3,691.76. There were 9,522 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -17.54%

There were 2,304 violent lawbreaking disorders in 2020. 893.28 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.51%

The closest Bus station is Westbound Rumble St @ 6800 Block in 0.19 km away from this listing with - MLS® R2880011.

33.6% of people with university certificate/degree live in this neighbourhood adjacent to the 7389 Magnolia Terrace which is High in comparison with other BC neighbourhoods. 12.7% of population in this neighbourhood that is near the Listing MLS® R2880011 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 7389 Magnolia Terrace, Burnaby, BC is $55723 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2880011 is $27840 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 72% which is High.

Unemployment rate in the area around Real Estate Listing # R2880011 is 6.1 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 7389 Magnolia Terrace Highgate where population change between 2011 and 2016 was 24%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7389 Magnolia Terrace, Burnaby, BC is 4590.5 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 7389 Magnolia Terrace is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2880011 is 60.1% and it is Average. % of Married or living common law is around 54.6% and it is Below Average.

Average age of the population close to the 7389 Magnolia Terrace is 40.1 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7389 Magnolia Terrace, Burnaby, BC is $536746 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 7389 Magnolia Terrace. $1451 owners spent in average for the dwelling. Tenants are paying $1135 in this district close to MLS® R2880011 and it is Above Average comparing to other cities.

36.6% of Population in this district near the 7389 Magnolia Terrace are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7389 Magnolia Terrace, Burnaby, BC is 4.3%, it is Below Average, % of English speakers only is 86.7% and Below Average. % of Neither English nor French speakers close to home for sale 7389 Magnolia Terrace, Burnaby, BC is 8.8% and it is High comparing to other BC cities.

34.6% of all population in the area around this property with the address 7389 Magnolia Terrace, Burnaby, BC using Public Transport which is High, 59.2% of using population are using Cars around MLS® R2880011, which is Low. 0.5% of people using Bicycles around the 7389 Magnolia Terrace and it is Low. 5.1% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 523.61
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 $1,100,000
Burnaby $1,135,300
Highgate No comparables
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
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