Home Burnaby, BC Montecito Villa Montecito 8 7371 Montecito Drive

8 7371 Montecito Dr, Burnaby BC - Townhouse for Sale - MLS# R3144732

59 days on the market

$749,000

Est. Mortgage $3,314/mo

Listing updated: Aug 14, 2026 at 10:17am

EstateBlock checked: Sep 5, 2026 at 10:45pm

Villa Montecito

3 Beds

3 Baths

1405 sqft

533 $ /sqft

510.98 $ Maint. fee

1973 built

59 days on the market

$749,000

$775,000

Est. $3,314/mo with 20% down

Listing updated: Aug 14, 2026 at 10:17am

EstateBlock checked: Sep 5, 2026 at 10:45pm

Photos

Exterior Front Photo of 8 7371 Montecito Drive, Burnaby, BC

Exterior Rear Photo of 8 7371 Montecito Drive, Burnaby, BC

Living Room Photo of 8 7371 Montecito Drive, Burnaby, BC

Family Room Photo of 8 7371 Montecito Drive, Burnaby, BC

Dining Area Photo of 8 7371 Montecito Drive, Burnaby, BC

Kitchen Photo of 8 7371 Montecito Drive, Burnaby, BC

Kitchen Island Photo of 8 7371 Montecito Drive, Burnaby, BC

Pantry Photo of 8 7371 Montecito Drive, Burnaby, BC

Breakfast Nook Photo of 8 7371 Montecito Drive, Burnaby, BC

Primary Bedroom Photo of 8 7371 Montecito Drive, Burnaby, BC

Spacious 3-bed 2.5-bath townhome in desirable Montecito! 1405 sqft on 2 levels. Why buy a narrow townhouse when this one is 19-ft wide with a wall of windows to capture natural light? Bonus features: full-sized laundry room, lots of storage, 3 large bedrooms. Freshly painted with all new electrical outlets and switches; New stove and dishwasher. Well-maintained complex has lush landscaping, an outdoor pool, and new roofs. Walk to elementary school, Greystone Village shopping, and Squint Lake park. Coveted Burnaby North High School catchment. Priced sharp so you can add your favorite flooring. Incredible value for an incredible lifestyle. O/H Sun Aug 16, 2-4.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	0
Heating Type	Baseboard, Electric
Laundry	In Unit
# of Kitchens	1
Flooring	Tile, Vinyl, Carpet
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Asphalt, Torch-On
Structures	Residential Attached

Building Details

Price	$749,000
Total Bedrooms	3
Total Bathrooms	3
Full Bathrooms	2
Half Bathrooms	1
Floor Area Total (sqft)	1405
Year Built	1973
Age Of Building	53
Building Type	Townhouse
Property Type	Residential
Stories	2
Building Amenities	Clubhouse, Trash, Maintenance Grounds, Management, Recreation Facilities
Building Name	Villa Montecito
Ownership Type	Freehold Strata
Maintenance Fee	$510.98
Community Features	Shopping Nearby
Amenities Nearby	Clubhouse, Trash, Maintenance Grounds, Management, Recreation Facilities
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground, Guest, Side Access, Asphalt
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Smoking Restrictions
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions	100
Rental Suites	None

Lot & Land

MLS^® #	R3144732
Area	Burnaby North
Neighbourhood	Montecito
City	Burnaby
Postal Code	V5A 1R4
Gross Taxes	$2,325.19
Zoning	RM1

Property Timeline

Status	Date	Price
R3144732 / Active	07-09-2026	$749,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'3 x 12'3 ft
Main Level	Dining Room	9'5 x 9'5 ft
Main Level	Kitchen	9'5 x 9'5 ft
Main Level	Foyer	3'4 x 3'4 ft
Above Level	Primary Bedroom	13'3 x 13'3 ft
Above Level	Bedroom	10'1 x 10'1 ft
Above Level	Bedroom	11' x 11' ft
Above Level	Laundry	4'10 x 4'10 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Above Level	No	#4
Above Level	Yes	#3

Listed by: Oakwyn Realty Encore

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.

Map & Neighbourhood

Public Schools

Secondary
Burnaby North Secondary School: Above Average 2.25 km 7.7/10
Elementary
Montecito Elementary School: Above Average 0.23 km 7.3/10

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

Private Schools

Elementary
Burnaby Montessori School: 2.59 km
Elementary,Secondary
Fawkes Academy: 4.21 km

Closest Transit

Bus Stop
Northbound Duthie Ave @ Montecito Dr: 0.31 km
Skytrain
Skytrain @ Sperling Stn: 1.24 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

53 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $717,542

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.24 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

59 DOM

Slower than area

Montecito avg

27 DOM

Average

Burnaby avg

27 DOM

Faster market

8 7371 Montecito Drive has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 4.2% above comparable active properties in Montecito. The local market is currently a Balanced Market with a sales-to-active ratio of 15.2% and an area average of 27 days on market — conditions are balanced. With only 79 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 1R4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 1R4, 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 · 446 m · Restaurant
Domino's · 556 m · Fast Food
Papa john's · 779 m · Fast Food

Groceries (5 nearby)

Hop & vine store · 580 m · Beverages
Sungiven foods · 608 m · Supermarket
Bainbridge mart · 776 m · Convenience

Shopping (4 nearby)

Healing bees · 477 m · Beauty Shop
Pharmasave · 569 m · Pharmacy
Canada post · 783 m · Post Office

Cafes (1 nearby)

Tim hortons · 855 m · Cafe

Healthcare (1 nearby)

Pharmasave · 569 m · Healthcare

Transit (1 nearby)

Bus stop southbound duthie ave @ ridley dr · 981 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 232 m
Sperling Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 1.10 KM
Lochdale Community Elementary	Public	Grades Served —	Catchment Info —	7.3 / 10	Distance 1.23 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 1.84 KM
Parkcrest Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.04 KM
Burnaby Continuing Education	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 2.19 KM
Burnaby North Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.7 / 10	Distance 2.25 KM
Forest Grove Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.26 KM
Aubrey Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.36 KM
Burnaby Montessori School	Independent	Grades Served K-1	Catchment Info —	0	Distance 2.59 KM
St. Helen's	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 2.82 KM
Capitol Hill Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 2.93 KM
Burnaby Mountain Secondary School	Public	Grades Served 8-12	Catchment Info —	7.1 / 10	Distance 2.96 KM
Douglas Road Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.97 KM

Pre-computed routes from 8 7371 Montecito Dr, Burnaby, BC

8 7371 Montecito Dr, Burnaby, BC Sperling 1.2 km

39 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Sperling → Waterfront
39 min
Metrotown, Burnaby via Sperling → Metrotown
39 min
SFU Burnaby via Sperling → Production Way
22 min
Richmond Centre via Sperling → Brighouse
64 min
YVR Airport via Sperling → YVR-Airport
65 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

8 7371 Montecito Dr, Burnaby, BC is ideally located for commuters. The property is 1.2 km from Sperling, with a 39 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Duthie Ave @ Montecito Dr (0.31 km). Walk Score Transit rating: Good Transit (53/100).

Walkability & Transit Near 8 7371 Montecito Drive

Car-Dependent 49

Walk Score - Car-Dependent

Most errands require a car

Some Transit 53

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 64

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 8 7371 Montecito Drive

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $194

Maintenance fee 510.98

With a 20% down payment, buyers can expect an estimated $3,566/month in total housing costs on this $749,000 property — $2,861 mortgage payment, $194 property tax, $511 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: Aug 14, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

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Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $2,659/month estimated rent and $3,627/month in total housing costs, this property has a -$968/month cashflow. Break-even down payment: approximately 48%.

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

Estateblock Rent Estimate for 8 7371 Montecito Drive, Burnaby

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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.