7 7321 Montecito Dr, Burnaby BC - Townhouse for Sale - MLS# R3138725

$715,000
Est. Mortgage $3,163/mo
2 Beds
2 Baths
1245 sqft
574 $ /sqft
510.98 $ Maint. fee
1973 built
$715,000
Est. $3,163/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 7 7321 Montecito Drive

Beautifully Renovated 2Bed/2Bath Townhome in Villa Montecito! Nestled in the quiet and highly desirable Montecito neighbourhood of North Burnaby. The unit features an open-concept layout with generous living and dining areas, a functional kitchen, a well-appointed primary bedroom, in-suite laundry, and additional storage space. Step outside to your oversized private patio overlooking a lush greenbelt and mature trees-an ideal setting for relaxation and outdoor entertaining. The conveniently located parking stall is just steps from the unit. Enjoy an unbeatable location within walking distance to Montecito Elementary School, next to Burnaby Mountain Golf Course, minutes from Sperling-Burnaby Lake SkyTrain Station, and with easy access to SFU and major commuter routes.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Heating Type Electric
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Greenbelt and Park
Structures Residential Attached

Building Details

Price $715,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1245
Year Built 1973
Age Of Building 53
Building Type Townhouse
Property Type Residential
Stories 2
Building Amenities Trash, Maintenance Grounds
Ownership Type Freehold Strata
Maintenance Fee $510.98
Amenities Nearby Trash, Maintenance Grounds
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Guest
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions

Lot & Land

MLS® # R3138725
Area Burnaby North
Neighbourhood Montecito
City Burnaby
Postal Code V5A 1R2
Gross Taxes $2,327.91
Zoning MFD

Property Timeline

Status Date Price
R3138725 / Active 06-22-2026 $715,000
Rooms
Floor Type Dimensions
Main Level Foyer 7'3 x 7'3 ft
Main Level Kitchen 16'4 x 16'4 ft
Main Level Dining Room 13'11 x 13'11 ft
Main Level Living Room 12'1 x 12'1 ft
Above Level Laundry 5'4 x 5'4 ft
Above Level Primary Bedroom 15'7 x 15'7 ft
Above Level Bedroom 12'0 x 12'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #3

Listed by: RE/MAX Masters Realty

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
2.21 km
7.7/10
Elementary
Montecito Elementary School
Above Average
0.13 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
2.48 km
Elementary,Secondary
Fawkes Academy
4.14 km

Closest Transit

Bus Stop
Northbound Duthie Ave @ Montecito Dr
0.21 km
Skytrain
Skytrain @ Sperling Stn
1.13 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

50 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $715,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.13 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
17 DOM
Listed
Montecito avg
Burnaby avg

7 7321 Montecito Drive has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in Montecito. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5A 1R2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5A 1R2, 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 days 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

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 7 7321 Montecito Drive

Pre-computed routes from 7 7321 Montecito Dr, Burnaby, BC

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

7 7321 Montecito Dr, Burnaby, BC is ideally located for commuters. The property is 1.1 km from Sperling, with a 38 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Duthie Ave @ Montecito Dr (0.21 km). Walk Score Transit rating: Good Transit (55/100).

Walkability & Transit Near 7 7321 Montecito Drive

Walk Score Badge
Car-Dependent 53

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 55

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
62

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 7 7321 Montecito Drive

/month
Principal & Interest
Property Taxes $194
Maintenance fee 510.98
Financing 80% of the $715,000 asking price over 30 years at 4% results in approximately $3,436/month in total estimated carrying costs, $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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $2,537/month in rental income, leaving a -$957/month cashflow at current carrying costs. Investors targeting break-even would need roughly 49% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Montecito, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home $715,000
Burnaby Loading...
Montecito Loading...

Based on 3 comparable active townhouses in Montecito, the average asking price is $705,000. This listing is priced 1.4% above the neighbourhood average.

Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 7 7321 Montecito Drive

Walk Score Badge
Car-Dependent 53

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 55

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
62

Bike Score - Bikeable

Some bike infrastructure

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