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Building & Condo Information

Villa Montecito

7331 Montecito Dr. Burnaby, BC V5A 1R5, Canada

Les Twarog
★ Building Specialist
Les Twarog
RE/MAX Crest RealtyRE/MAX
BC Condos and Homes Team
30+ Years Downtown & Westside Expert
604.671.7000 les@6717000.com
  • Levels2
  • Suites153
  • StatusCompleted
  • Built1973
  • Title to LandFreehold Strata
  • Strata PlanNWS136
  • ConstructionFrame - Wood
  • AreaBurnaby North
  • NeighbourhoodMontecito

For Sale in Villa Montecito & Complex

DateAddressStatusBedBathPriceSqftDOMStrata FeeTaxListed By
2026-07-09 8 7371 Montecito Dr. Active 3 3 $749,000 ($533/sf) 1405 $511 $2325 (2025) Oakwyn Realty Encore
2026-07-06 8 7363 Montecito Dr. Active 2 2 $729,000 ($600/sf) 1215 $511 $2116 (2025) RE/MAX Select Properties
2026-06-22 7 7321 Montecito Dr. Active 2 2 $698,000 ($561/sf) 1245 $511 $2328 (2026) RE/MAX Masters Realty
Avg$725,3331288

Villa Montecito Sold History (last 24 months)

Sold DateAddressBedBathSqftAskingSold PriceDOMStrata FeeTaxListed By
2026-07-11 7393 Montecito Dr. 4 3 2291 $1,083,900 $1,075,000 ($469/sf) $511 $3564 (2026) RE/MAX All Points Realty
2026-04-15 8 7375 Montecito Dr. 3 3 1417 $749,900 $718,000 ($507/sf) $511 $2351 (2025) RE/MAX All Points Realty
2026-03-22 5 7307 Montecito Dr. 2 2 1250 $709,000 $685,000 ($548/sf) $511 $2184 (2025) eXp Realty of Canada Inc.
2026-01-02 5 7327 Montecito Dr. 3 3 1425 $749,900 $730,000 ($512/sf) $511 $2306 (2025) RE/MAX All Points Realty
2025-11-24 7 7305 Montecito Dr. 2 2 1256 $719,000 $705,000 ($561/sf) $511 $2143 (2025) eXp Realty
2025-11-07 2 7307 Montecito Dr. 2 2 1264 $828,000 $790,000 ($625/sf) $511 $2196 (2025) HouseSigma Inc.
2025-09-02 7379 Montecito Dr. 3 3 2283 $1,089,900 $1,024,500 ($449/sf) $511 $3055 (2024) Oakwyn Realty Northwest
2025-07-14 3 7307 Montecito Dr. 3 2 1287 $699,900 $650,000 ($505/sf) $511 $2066 (2024) RE/MAX Crest Realty
2025-05-08 4 7361 Montecito Dr. 3 2 1290 $749,000 $750,000 ($581/sf) $492 $2066 (2024) RE/MAX Crest Realty
2025-04-01 2 7353 Montecito Dr. 2 2 1238 $798,000 $815,000 ($658/sf) $492 $2020 (2024) Stonehaus Realty Corp.
2025-02-01 5 7321 Montecito Dr. 3 3 1466 $899,000 $835,000 ($570/sf) $492 $2080 (2023) LeHomes Realty Premier
2024-12-18 3 7331 Montecito Dr. 2 2 1232 $738,000 $715,000 ($580/sf) $492 $2075 (2024) Heller Murch Realty
2024-11-08 7 7335 Montecito Dr. 3 3 1433 $825,000 $805,000 ($562/sf) $492 $2038 (2023)
2024-09-30 7 7365 Montecito Dr. 2 2 1247 $739,000 $715,000 ($573/sf) $492 $1805 (2023) Macdonald Realty

Sold data from the MLS® feed for strata plan NWS136. Showing the 15 most recent sales from the last 24 months; expand for up to 80.

Villa Montecito Market Summary

Villa Montecito at 7331 Montecito Dr. — currently 3 active listings averaging $725,333. In the past year 6 units sold at an average of $783,833.

Active Listings3
Avg Asking Price$725,333
Sold (1 Year)6
Avg Sold Price$783,833
Avg $/Sqft$537

Value & Financing

Price Positioning
$565 /sq ft
Active listings here average $565/sf vs $833/sf across Montecito.
32% below area average
Mortgage Snapshot
$3,343 /mo
Entry price (from)$698,000
20% down payment$139,600
Rate / amortization5.24% · 25 yr
Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Overview

Villa Montecito - 7331 Montecito Drive, Burnaby, BC V5A 1R2, NWS136 - Situated in the Montecito area of Burnaby North on Montecito Drive and Duthie Avenue next to the Burnaby Mountain Golf Course. Simon Fraser University is a few kilometres away. There are several schools nearby and this area falls into the North Burnaby High School and Montecito Elementary catchment area. For grocery shopping a variety of local markets and quick stop shops are within walking distance. Some excellent restaurants in the area include Nathan's Grill, Anducci's, Domino's Pizza and Bentel Sushi. Kensington Complex for ice skating is a short distance away. Public transit routes provide access to the rest of Burnaby's neighbourhoods and Vancouver.

Villa Montecito is a multiple address complex that was built in 1971 and consists of 153 spacious, well-laid out townhomes with views of the Fraser Valley and Gulf Islands. Features include spacious layout, covered ground level parking, in suite laundries and huge storage area. Residents can enjoy the outdoor pool, cabana and clubhouse. Maintenance fees include garbage pickup, gardening, caretaker and recreation facilities.

Spectacular views, onsite amenities, family oriented neighbourhood - make Villa Montecito your home today!

Amenities / Features

In Suite Laundry
Pool; Outdoor

Maintenance Fees Include

Caretaker
Garbage Pickup
Gardening
Management
Other
Recreation Facility
Snow Removal

Location / Site Influences

Central Location
Golf Course Nearby
Recreation Nearby
Shopping Nearby

Construction & Development

ConstructionFrame - Wood
Exterior FinishMixed
RoofOther
FoundationConcrete Perimeter
Rain ScreenNo
Management CompanyDwell Property Management

Strata Information

Strata PlanNWS136
Building TypeStrata Condos
Title to LandFreehold Strata
Units in Strata153
Units in Development153
Management CompanyDwell Property Management — 604-821-2999
Bylaws / RestrictionsPETS ALLOWED,RENTALS ALLOWED
Parking / StorageGarage; Underground

Property Documents

Market Reports

Live market intelligence for this building's segments — active inventory, medians, ranges & trends. Opens in a new tab.

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Market data by RealtySuite

Location, Street View & Aerial

Street View⤢ Expand

Frequently Asked Questions — Villa Montecito

What year was Villa Montecito built?
Villa Montecito was built in 1973.
How many units are in Villa Montecito?
Villa Montecito has 153 strata units across 2 levels.
What amenities does Villa Montecito offer?
IN SUITE LAUNDRY, POOL; OUTDOOR.
Is Villa Montecito pet-friendly, and what are the bylaws?
Villa Montecito bylaws/restrictions: PETS ALLOWED,RENTALS ALLOWED.
Who is the property manager for Villa Montecito?
Villa Montecito is managed by Dwell Property Management, 604-821-2999.
What is the strata plan number for Villa Montecito?
The strata plan number for Villa Montecito is NWS136.
Is Villa Montecito freehold or leasehold?
Villa Montecito is FREEHOLD STRATA.
Where is Villa Montecito located?
Villa Montecito is located at 7331 Montecito Dr. in Burnaby North, Burnaby.
How is the real estate market at Villa Montecito?
In the past year 6 units sold at Villa Montecito, averaging $783,833; there are currently 3 active listings for sale.
Les Twarog
Les Twarog & Team
RE/MAX Crest Realty · Your Villa Montecito specialist
Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

Listings for Sale Near Villa Montecito 🔎 MLS® Search »

Active listings nearby80
Average price$2,016,091
From$395,000
Up to$6,000,000
Summary — 50 nearest listings
AddressBedBathSqftPrice
7 7321 Montecito Dr. 221245 $698,000
8 7371 Montecito Dr. 331405 $749,000
8 7363 Montecito Dr. 221215 $729,000
7348 Coronado Dr. 331248 $712,950
7332 Coronado Dr. 321285 $835,000
7330 Coronado Dr. 321248 $788,000
7305 Coronado Dr. 331840 $868,800
7279 Broadway 733996 $3,200,000
7363 Capistrano Dr. 331361 $708,888
7342 Broadway 422030 $1,535,000
Photos
7 7321 MONTECITO DRIVE $698,000 7 7321 Montecito Dr. · 2bd/2ba · 1245sf 8 7371 MONTECITO DRIVE $749,000 8 7371 Montecito Dr. · 3bd/3ba · 1405sf 8 7363 MONTECITO DRIVE $729,000 8 7363 Montecito Dr. · 2bd/2ba · 1215sf 7348 CORONADO DRIVE $712,950 7348 Coronado Dr. · 3bd/3ba · 1248sf 7332 CORONADO DRIVE $835,000 7332 Coronado Dr. · 3bd/2ba · 1285sf 7330 CORONADO DRIVE $788,000 7330 Coronado Dr. · 3bd/2ba · 1248sf 7305 CORONADO DRIVE $868,800 7305 Coronado Dr. · 3bd/3ba · 1840sf 7279 BROADWAY $3,200,000 7279 Broadway · 7bd/3ba · 3996sf 7363 CAPISTRANO DRIVE $708,888 7363 Capistrano Dr. · 3bd/3ba · 1361sf 7342 BROADWAY $1,535,000 7342 Broadway · 4bd/2ba · 2030sf

Villa Montecito Area Map 🔍 Open larger map ↗