3 StoreysBuilt 1974FRAME - WOOD3 Active
Villa Montecito — 7313 MONTECITO DRIVE, Montecito, Burnaby, BC
Three-storey wood-frame strata in Burnaby's Montecito neighbourhood, built 1974
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 Villa Montecito
2 units have sold at Villa Montecito 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 Villa Montecito at 7313 MONTECITO DRIVE, ranging from $698K to $749K. Recent sold units have averaged $784K, selling in about 27 days on average (≈$694,250/sq ft). Villa Montecito is a frame - wood building built in 1974 located in Montecito.
Building Details
About This Building
Villa Montecito is a three-storey wood-frame strata building located at 7313 Montecito Drive in the Montecito neighbourhood of Burnaby, BC. Built in 1974 and registered under Strata Plan NWS136, the building offers a well-established residential community with a range of practical amenities including a clubhouse, outdoor pool, garden areas, and in-suite laundry. Both dogs and cats are welcome, making it a reasonable option for pet owners, though pet restrictions do apply per the strata bylaws. Rentals are also permitted with restrictions. The strata fees cover garbage pickup, gardening, management, recreation facility, and snow removal, providing residents with a relatively comprehensive maintenance package. The low-rise format and mature landscaping give Villa Montecito a quieter, more residential feel compared to high-rise strata buildings in the broader Burnaby market. It is a practical choice for buyers looking for a settled, pet-friendly strata in north Burnaby with outdoor amenity space included.
Location & Neighbourhood
The Montecito area sits in north Burnaby, close to Burnaby Mountain and within reasonable distance of Simon Fraser University, Lougheed Town Centre, and the amenities along Hastings Street. The neighbourhood is served by TransLink bus routes connecting residents to SkyTrain at Lougheed and Production Way–University stations, making transit access workable for commuters. Nearby Burnaby Mountain Conservation Area and Pittock Park offer green space and walking trails for outdoor recreation.
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
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 7313 MONTECITO DRIVE?
Villa Montecito is the strata complex located at 7313 MONTECITO DRIVE, Montecito, Burnaby, BC. Built in 1974.
Are pets allowed at Villa Montecito?
Yes. Dogs allowed · Cats allowed at Villa Montecito.
When was Villa Montecito built?
Villa Montecito at 7313 MONTECITO DRIVE was built in 1974. It is a frame - wood construction building.
What amenities does Villa Montecito have?
Villa Montecito amenities include: CLUB HOUSE, GARDEN, IN SUITE LAUNDRY, POOL, OUTDOOR.
What has sold at 7313 MONTECITO DRIVE recently?
In the past 6 months, 2 units have sold at Villa Montecito, with an average sale price of $783,833.
What is the average sold price at Villa Montecito?
Recent units at Villa Montecito have sold for an average of $783,833, typically in 27 days on market.
Who is the best realtor to sell my unit at Villa Montecito?
Villa Montecito 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 Villa Montecito?
Recent units at Villa Montecito 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 VILLA MONTECITO complex — buildings share common neighbourhood amenities.
Mortgage Pre-Qualification
Buying in this building? Get pre-qualified in 4 quick steps.
Location
What's Nearby
Nearby Buildings
More Buildings in Montecito
See all Montecito buildings →2316 Cliff Avenue
2316 Cliff Avenue, Burnaby
Built 20262 units2 active
View Building
Creekside
2676 Tretheway Drive, Burnaby
Built 19761 active
View Building
Villa Montecito
7371 Montecito Drive, Burnaby
Built 1974153 units1 active
View Building
Goleta Place
1845 Goleta Drive, Burnaby
Built 19731 active
View Building
Montecito
7363 Capistrano Drive, Burnaby
Built 19731 active
View Building
Villa Montecito
7321 Montecito Drive, Burnaby
Built 19731 active
View Building
Why work with Saeed
Real estate expertise you can count on — reach out any time.