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7431 Magnolia Terrace
Highgate Burnaby V5E 4K8

$749,900
Residential beds: 2 baths: 2.0 908 sq. ft. built: 1999

Main Photo: 7431 Magnolia Terrace, Burnaby - Highgate
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Status:
Active
Prop. Type:
Residential
MLS® Num:
R3064450
Bedrooms:
2
Bathrooms:
2
Year Built:
1999
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.
Property Type:
Residential
Dwelling Type:
Townhouse
Home Style:
Two Levels
Ownership:
Freehold Strata
Common Interest:
Condominium
Year built:
1999 (Age: 26)
Living Area:
908 sq. ft.
Building Area - Total:
908 sq. ft.
Levels:
Two
Bedrooms:
2 (Above Grd: 2)
Bathrooms:
2.0 (Full:1/Half:1)
Taxes:
$2,450.77 / 2025
Plan:
LMS3835
Construction Materials:
Frame Wood, Other (Exterior), Vinyl Siding
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
454 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
454 sq. ft.
Floor Area Fin - Total:
908 sq. ft.
Fireplaces:
1
Fireplace Details:
Gas
Patio And Porch Features:
Patio
Parking Features:
Garage Under Building
Parking:
Garage Under Building
Parking Total/Covered:
1 / 1
min 30 days
Trash, Maintenance Grounds, Snow Removal
1
Dishwasher, Refrigerator, Microwave
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Association Fee:
$295.32
Age Restrictions:
No
Tax Utilities Included:
false
By-Law Restrictions:
Pets Allowed With Restrictions
Pets Allowed:
Cats OK, Dogs OK, Yes With Restrictions
Cats:
Cats OK
Dogs:
Dogs OK
Home Owners Association:
Yes
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Sewer:
Public Sewer, Sanitary Sewer
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Listed by Team 3000 Realty Ltd.
Data was last updated November 4, 2025 at 07:40 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.
AMAR SHAN
DANA BALAN
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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!