7412 Magnolia Terr, Burnaby, BC, MLS® R2829582

$828,000
Est. Mortgage /mo

Closed

$820,000
Closed at 28 Dec 2023
Listing price: $828,000
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
2 Beds
2 Baths
2 Stories
$ 440.87 Maint. Fee
924 sqft
1999 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

7412 Magnolia Terr, Burnaby, BC | MLS® R2829582 Property Details

This rarely available 2-level townhome featuring 2 beds & 2 baths, is substantially updated with laminate flooring, as well as marble & stone slabs thorough the home. Open concept kitchen with granite countertops & backsplash, S/S appliances + brand new stove top. The spacious living room has natural gas fireplace & bay window. Bathrooms are beautifully appointed with marble finishes, giving a spa-like feel to your daily routine. The primary bedroom with vaulted ceilings creates an open and airy atmosphere. Situated in a desirable neighborhood, enjoy the convenience of nearby stores, schools, restaurants, parks. Commuting is a breeze with short walk to skytrain, bus, quick access to highway. 2 parking spots included, in suite storage under staircase.

General Info

Price $828,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 924
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1999
Age Of Building 24
Building Type Townhouse
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS # R2829582
Area Burnaby South
Neighbourhood Highgate
City Burnaby
Gross Taxes $2,004.47
Ownership Type Freehold Strata
Maintenance Fee $440.87
Community Features Gated, Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric, Natural Gas

Utilities

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

Parking

Parking Type Additional Parking, Underground, Guest, Side Access
Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Rental Restrictions -
Zoning CD,RM3
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development 96
Sewer Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: RE/MAX City 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
1.3 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
0.53 km
Rating 9/10
Secondary
St.Thomas More Collegiate
1.84 km
No Rating

Closest Transit

Translink
Westbound Rumble St @ 6800 Block
0.09 km

7412 Magnolia Terrace is serviced by Clinton Elementary School. The property with listing MLS® R2829582 is located 1.11 km from the school. Clinton Elementary School has a rating of Rating 6.8/10.

This home with address 7412 Magnolia Terrace, Burnaby, BC is also serviced by Byrne Creek Community School and located 1.3 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 7412 Magnolia Terrace is St. Francis de Sales with School's rating Rating 9/10, located 0.53 km from this home.

The closest to this address 7412 Magnolia Terrace Secondary independent school is St.Thomas More Collegiate with School's rating No Rating, located 1.84 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 - 7412 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® R2829582 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 7412 Magnolia Terrace are Average. Property misconduct rating adjacent to MLS® R2829582 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 0.09 km away from this listing with - MLS® R2829582.

33.6% of people with university certificate/degree live in this neighbourhood adjacent to the 7412 Magnolia Terrace which is High in comparison with other BC neighbourhoods. 12.7% of population in this neighbourhood that is near the Listing MLS® R2829582 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 7412 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® R2829582 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 # R2829582 is 6.1 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 7412 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 7412 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 7412 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® R2829582 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 7412 Magnolia Terrace is 40.1 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7412 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 7412 Magnolia Terrace. $1451 owners spent in average for the dwelling. Tenants are paying $1135 in this district close to MLS® R2829582 and it is Above Average comparing to other cities.

36.6% of Population in this district near the 7412 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 7412 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 7412 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 7412 Magnolia Terrace, Burnaby, BC using Public Transport which is High, 59.2% of using population are using Cars around MLS® R2829582, which is Low. 0.5% of people using Bicycles around the 7412 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 440.87
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 $828,000
Burnaby $738,333
Highgate $738,333
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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