Home Burnaby, BC Montecito Villa Montecito 3 7331 Montecito Drive

3 7331 Montecito Dr, Burnaby BC - Townhouse for Sale - MLS# R2944587

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Listing updated: Feb 13, 2025 at 12:19am

EstateBlock checked: Oct 6, 2026 at 08:45am

Villa Montecito

2 Beds

2 Baths

1232 sqft

599 $ /sqft

492 $ Maint. fee

1973 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Feb 13, 2025 at 12:19am

EstateBlock checked: Oct 6, 2026 at 08:45am

Photo

About the building: Villa Montecito

7371 Montecito Drive, Montecito, Burnaby

Villa Montecito building details

Building

Built: 1973
Homes: 153
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: NWS136
Managed by: Dwell Property Management
Parking: Visitor Parking, Garage: Underground
Lockers: Limited
Strata fee covers: Recreation FacilityManagementGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 2
Rentals: Allowed

Market at Villa Montecito

For sale: 3
Median ask: $729K
Median $/sqft: $561
Days on market: 96
Sold, past year: 6

This home

$599/sqft, 6.8% above the building median of $561.

Homes for sale at Villa Montecito, Burnaby Recent sold listings in Villa Montecito, Burnaby

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

VERIFIED ACCOUNT REQUIRED

Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
Burnaby North Secondary School: 2.23 km
Elementary
Montecito Elementary School: Average 0.16 km 6.8/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Burnaby Montessori School: 2.5 km
Elementary, Secondary
Deer Lake School: 3.5 km

Closest Transit

Bus Stop
Northbound Duthie Ave @ Montecito Dr: 0.24 km
Skytrain
Skytrain @ Sperling Stn: 1.15 km

Crime Rate

Total Crime Rate: Below Average
Violent Crime Rate: Low
Property Crime Rate: Average

Demographics

Post-Secondary Education: Average 29.3%
No Certificate/Degree: Average 12.7%
Owner Occupied: Below Average 48.6%
Employment Rate: Above Average 68.1%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

54 / 100

Overall sell-speed score

Moderate pace expected

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Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.15 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How MONTECITO compares

This property

91 DOM

Slower than area

Montecito avg

49 DOM

Average

Burnaby avg

49 DOM

Faster market

3 7331 Montecito Drive has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 15.9% and an area average of 49 days on market — conditions are balanced. With only 69 competing homes currently listed, this property has moderate competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5A 1R3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 1R3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

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.

Air Quality A / Excellent

Annual avg PM2.5 4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby Kensington Park, Burnaby (~2.2 km). Annual avg AQHI 1.9 — Low Risk.

Heat Moderate

Burnaby currently sees ~1 day 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.

Precipitation Increasing

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.

Drought Stable

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.

Nearby Restaurants, Cafes & Shops

Restaurants (6 nearby)

Burnaby mountain restaurant · 526 m · Restaurant
Domino's · 639 m · Fast Food
Papa john's · 688 m · Fast Food

Groceries (5 nearby)

Hop & vine store · 661 m · Beverages
Bainbridge mart · 686 m · Convenience
Sungiven foods · 690 m · Supermarket

Shopping (4 nearby)

Healing bees · 386 m · Beauty Shop
Pharmasave · 651 m · Pharmacy
Canada post · 693 m · Post Office

Cafes (1 nearby)

Tim hortons · 762 m · Cafe

Healthcare (1 nearby)

Pharmasave · 651 m · Healthcare

Transit (1 nearby)

Bus stop westbound halifax st @ yeovil ave · 977 m · Transit

Schools NearBy

15 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Montecito Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.3 / 10	Distance 159 m
Sperling Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 1.02 KM
Lochdale Community Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 1.22 KM
Ecole Seaforth Elementary	Public	Grades Served —	Catchment Info —	7.8 / 10	Distance 1.71 KM
Westridge Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.85 KM
Parkcrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.99 KM
Burnaby Continuing Education	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 2.17 KM
Burnaby North Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.7 / 10	Distance 2.23 KM
Aubrey Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.32 KM
Forest Grove Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.33 KM
Burnaby Montessori School	Independent	Grades Served K-1	Catchment Info —	N/A	Distance 2.50 KM
St. Helen's	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 2.81 KM
Douglas Road Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.87 KM
Capitol Hill Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 2.91 KM
Burnaby Central Secondary	Public	Grades Served —	Catchment Info —	6.6 / 10	Distance 2.98 KM

Pre-computed routes from 3 7331 Montecito Dr, Burnaby, BC

3 7331 Montecito Dr, Burnaby, BC Sperling 1.2 km

38 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Sperling → Waterfront
38 min
Metrotown, Burnaby via Sperling → Metrotown
38 min
SFU Burnaby via Sperling → Production Way
21 min
Richmond Centre via Sperling → Brighouse
63 min
YVR Airport via Sperling → YVR-Airport
64 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
14 min
Metrotown, Burnaby via Lougheed Hwy
7 min
SFU Burnaby via Gaglardi Way
3 min
Richmond Centre via No. 3 Rd
21 min
YVR Airport via Bridgeport / Sea Island
22 min

Calculate your commute

3 7331 Montecito Dr, Burnaby, BC is ideally located for commuters. The property is 1.2 km from Sperling, with a 38 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Duthie Ave @ Montecito Dr (0.24 km).

Mortgage Calculator for 3 7331 Montecito Drive

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $173

Maintenance fee 492

With a 20% down payment, buyers can expect an estimated $3,484/month in total housing costs on this $738,000 property — $2,819 mortgage payment, $173 property tax, $492 maintenance fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: Feb 13, 2025

Investment Cashflow Calculator

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Basic Insurance Cost

Maintenance Fee

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Vacancy Rate

Down Payment

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $2,619/month estimated rent and $3,544/month in total housing costs, this property has a -$925/month cashflow. Break-even down payment: approximately 47%.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 3 7331 Montecito Drive, Burnaby

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.