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7371 Magnolia Terrace
Highgate Burnaby V5E 4M3

$967,000
Residential beds: 3 baths: 2.0 1,281 sq. ft. built: 2000

Living room featuring a glass covered fireplace, light wood-style floors, and recessed lighting
Status:
Active
Prop. Type:
Residential
MLS® Num:
R3060391
Bedrooms:
3
Bathrooms:
2
Year Built:
2000
Welcome to this beautifully renovated 3-bedroom, 2-bathroom townhome, located in a family-friendly gated community in the heart of Highgate. The bright and spacious living room on the main floor is perfect for gatherings, while the kitchen offers ample counter space and storage. Step outside to your own private backyard, ideal for outdoor living. The second floor includes two generously sized bedrooms, while the top floor is home to the primary bedroom, complete with an ensuite bathroom. This home boasts quartz countertops throughout the kitchen and bathrooms, with full shelving in each closet for added storage. The convenient location offers easy access to Save-On-Foods, shops, restaurants, Edmonds skytrain station, and Edmonds Community Centre.
Property Type:
Residential
Dwelling Type:
Townhouse
Home Style:
3 Storey, Three Or More Levels
Ownership:
Freehold Strata
Common Interest:
Condominium
Year built:
2000 (Age: 25)
Living Area:
1,281 sq. ft.
Building Area - Total:
1,281 sq. ft.
Levels:
Three Or More
Bedrooms:
3 (Above Grd: 3)
Bathrooms:
2.0 (Full:2/Half:0)
Num Storeys:
3
Taxes:
$2,102.71 / 2025
Outdoor Area:
Fenced, Garden, Balcony
Plan:
LMS4262
Name of Complex/Subdivision:
Monterey
Construction Materials:
Frame Wood, Vinyl Siding
Property Condition:
Renovation Complete
No. Floor Levels:
3.0
Floor Area Fin - Above Main:
440 sq. ft.
Floor Area Fin - Above Main 2:
301 sq. ft.
Floor Area Fin - Main:
540 sq. ft.
Floor Area Fin - Total:
1,281 sq. ft.
Fireplaces:
1
Fireplace Details:
Gas
Parking Features:
Underground, Guest, Side Access
Parking:
Underground, Guest
Parking Total/Covered:
2 / 2
Storage
Garden, Playground, Balcony
Garden, Playground, Laundry In Unit, Storage
View from 3rd level balcony
Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Laundry In Unit, Storage
In Unit
Association Fee:
$431.31
Age Restrictions:
No
GST Included:
Yes
Tax Utilities Included:
false
By-Law Restrictions:
Pets Allowed With Restrictions
Pets Allowed:
Number Limit (Two), Yes With Restrictions
Home Owners Association:
Yes
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Sewer:
Public Sewer, Sanitary Sewer
  • Photo 1: 7371 Magnolia Terrace, Burnaby - Highgate
    Living room featuring a glass covered fireplace, light wood-style floors, and recessed lighting

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Listed by Royal LePage - Wolstencroft
Data was last updated November 4, 2025 at 03:42 PM (UTC)
Area Statistics
Listings on market:
76
Avg list price:
$849,500
Min list price:
$489,000
Max list price:
$2,800,000
Avg days on market:
50
Min days on market:
1
Max days on market:
263
Avg price per sq.ft.:
$798.66
These statistics are generated based on the current listing's property type and located in Highgate. Average values are derived using median calculations. This data is not produced by the MLS® system.
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AMAR SHAN
DANA BALAN
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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BC properties for sale - Real Estate Basics

When you are planning to buy a property for sale, you should consider your lifestyle and budget, as well as how much you want to be involved in home maintenance. Here are some important considerations in selecting a home from the properties for sale:

Always have a Home Inspection done on the property!

If the home is less then 10 years old, check the Home Warranty provided for the property.

If the property is part of a Strata Corporation, it is very important to read and understand all the Strata documents, to determine the strata status before making a purchase decision.

These are the most common docs:

  • Current Form B
  • Bylaws & Rules
  • Strata Minutes including AGM, SGM
  • Rental Disclosure Statement
  • Engineering Reports
  • Depreciation Reports
  • Current Financial Statements
  • Insurance Certificate

If the home was built before 1990 it is important for you to know about the health risks associated with asbestos. See more details about asbestos in our Home Renovations blog page.

The location is always extremely important! You should consider the time you lose commuting to your work, the schools that are in the neighbourhood, access to amenities, shopping, parks, etc. You should also sick information about the Radon levels in the area & home. Radon might be a health issue if the level present in your home is higher. Find more information on our Radon blog page.

Before completing a transaction on a property, check the Property Ownership Types available in British Columbia.

Make sure you a know about the programs and incentives available for First Time Home Buyers if you are one!

If you are buying a property that is tenanted, check the different rules that apply for Tenant Occupied Properties.

Find other important information you have to know when you are buying a property on our Real Estate Blog Pages.

To learn about Consumer Protection in BC Real Estate Market visit BCFSA (BC Financial Services Authority).

You should also check the prices for the recently Sold homes/ properties/ real estate in your neighbourhood! You can find them searching on the Communities pages or searching Residential by Map All MLS ® Sold Listings are available!