1 Storeys153 in StrataBuilt 1974FRAME - WOOD3 Active
Montecito Villa — 7307 MONTECITO DRIVE, Montecito, Burnaby, BC
Wood-frame townhome complex in Burnaby's Montecito neighbourhood with pool and club house
Avg Sold Price
$784K
Avg $/sq ft
$694,250
Avg Days on Market
27d
Sold Price Trend
6 recorded sales, $790K (2025-11) → $1.07M (2026-07) +36.1%
Homes For Sale (3)
| Listed | Unit / Address | Beds | Baths | Price | Tier | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 22, 26 | 7 7321 MONTECITO DRIVE | 2 | 2 | $698,000 | Lowest | $561 | 1,245 | 103d | $511/mo | $2,328/yr | RE/MAX Masters Realt… |
| Jul 6, 26 | 8 7363 MONTECITO DRIVE | 2 | 2 | $729,000 | $600 | 1,215 | 89d | $511/mo | $2,116/yr | RE/MAX Select Proper… | |
| Jul 9, 26 | 8 7371 MONTECITO DRIVE | 3 | 3 | $749,000 | Top-Tier | $533 | 1,405 | 86d | $511/mo | $2,325/yr | Oakwyn Realty Encore |
| Median (3 units) | $729,000 | $561 | 1,245 | 89d | $511/mo | $2,325/yr | |||||
Sold History at Montecito Villa
2 units have sold at Montecito Villa in the past 6 months, with an average sale price of $783,833 ($694,250/sq ft).
| Date | Unit / Address | Beds | Baths | vs Asking | Sold Price | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 11, 26 | 7393 MONTECITO DRIVE | 4 | 3 | View → | View Sold Price → | — | 2,291 | 4d | $511/mo | $3,564/yr | RE/MAX All Points Re… |
| Apr 15, 26 | 8 7375 MONTECITO DRIVE | 3 | 3 | View → | View Sold Price → | — | 1,417 | 15d | $511/mo | $2,351/yr | RE/MAX All Points Re… |
| Mar 22, 26 | 5 7307 MONTECITO DRIVE | 2 | 2 | View → | View Sold Price → | — | 1,250 | 62d | $511/mo | $2,184/yr | eXp Realty of Canada… |
| Jan 2, 26 | 5 7327 MONTECITO DRIVE | 3 | 3 | View → | View Sold Price → | — | 1,425 | 10d | $511/mo | $2,306/yr | RE/MAX All Points Re… |
| Nov 24, 25 | 7 7305 MONTECITO DRIVE | 2 | 2 | View → | View Sold Price → | — | 1,256 | 19d | $511/mo | $2,143/yr | eXp Realty |
| Nov 7, 25 | 2 7307 MONTECITO DRIVE | 2 | 2 | View → | View Sold Price → | — | 1,264 | 53d | $511/mo | $2,196/yr | HouseSigma Inc. |
| Median (6 units) | — | — | — | 1,341 | 17d | $511/mo | $2,251/yr | ||||
Market Summary
There are currently 3 active homes for sale at Montecito Villa at 7307 MONTECITO DRIVE, ranging from $698K to $749K. Recent sold units have averaged $784K, selling in about 27 days on average (≈$694,250/sq ft). Montecito Villa is a frame - wood building built in 1974 located in Montecito.
Building Details
About This Building
Montecito Villa is a wood-frame strata development located at 7307 Montecito Drive in the Montecito neighbourhood of Burnaby, BC. Built in 1974, the complex is a single-storey community registered under Strata Plan NWS136 and managed by Bayside Property Management. Suites at Montecito Villa are townhome-style, reflecting the low-rise, residential character of the surrounding area. The development offers a range of amenities including a club house, an outdoor pool, and in-suite laundry — a convenience not always found in older Burnaby stratas. Strata fees cover caretaker services, garbage pickup, gardening, building management, and access to the recreation facility, making day-to-day maintenance straightforward for owners. Rentals are permitted with restrictions, and pets are allowed subject to bylaw conditions, giving the building reasonable flexibility for both investors and owner-occupiers. Montecito Villa suits buyers looking for a ground-oriented home in an established Burnaby neighbourhood with practical amenities and managed common areas.
Location & Neighbourhood
Montecito is a quiet, established residential neighbourhood in North Burnaby, situated near Burnaby Mountain and close to the amenities of Lougheed Town Centre and the shops along Hastings Street. The area is served by TransLink bus routes with access to SkyTrain connections, and Montecito Elementary School is within the neighbourhood boundaries. Nearby Burnaby Mountain Conservation Area and Confederation Park offer green space and recreational trails within a short drive or cycle.
Building Market Stats
Avg Asking Price
$725K
Sold in 6 Months
2 units
Avg Sold Price
$784K
Avg $/SqFt
$694,250
Avg DOM
27 days
Sale-to-List
97.1%
Amenities & Bylaws
Strata Information
Financial Health
Strata Plan No.NWS136
Contingency Reserve FundContact agent for details
CRF Per UnitContact agent for details
Special LeviesInquire with strata
Depreciation ReportAvailable on request
Management & Meetings
Strata Management Co.BAYSIDE
AGM ScheduleAnnual — contact strata
Council MembersElected owners
Insurance CoverageFull building replacement
Bylaw Last UpdatedContact strata for date
Note: Strata documents including full meeting minutes, the depreciation report, and bylaws are available to serious buyers upon request. Saeed can obtain and review these as part of your due diligence.
Quick Answers
What building is at 7307 MONTECITO DRIVE?
Montecito Villa is the strata complex located at 7307 MONTECITO DRIVE, Montecito, Burnaby, BC. Built in 1974.
When was Montecito Villa built?
Montecito Villa at 7307 MONTECITO DRIVE was built in 1974. It is a frame - wood construction building.
Who manages Montecito Villa?
BAYSIDE manages the strata corporation at Montecito Villa.
What amenities does Montecito Villa have?
Montecito Villa amenities include: CLUB HOUSE, IN SUITE LAUNDRY, POOL, OUTDOOR.
What has sold at 7307 MONTECITO DRIVE recently?
In the past 6 months, 2 units have sold at Montecito Villa, with an average sale price of $783,833.
What is the average sold price at Montecito Villa?
Recent units at Montecito Villa have sold for an average of $783,833, typically in 27 days on market.
Who is the best realtor to sell my unit at Montecito Villa?
Montecito Villa units have recently sold for an average of $783,833 in about 27 days. Saeed Farahani is a Montecito specialist at Re/Max Crest Realty — contact Saeed for a free building valuation.
How long does it take to sell a unit at Montecito Villa?
Recent units at Montecito Villa have sold in an average of 27 days on market, with units typically selling at 97.1% of asking price.
Frequently Asked Questions
Other Buildings in This Complex
Part of the MONTECITO VILLA complex — buildings share common neighbourhood amenities.
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Location
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