8 7371 MONTECITO DRIVE
Burnaby, BC V5A1R4
$749,000
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Strata
- Strata / maintenance fee
- $511/mo
- Annual property tax
- $2,325.19 (2025)
Interior
- Heating
- Baseboard heaters, Electric
- Fireplace
- None
Exterior & Lot
- Pool
- Outdoor pool
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground, Visitor Parking
Restrictions & Policies
- Pets
- Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3144732
- Listed
- July 9, 2026
- Time on market
- On the market for 53 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Oakwyn Realty Encore · Data source: CREA DDF.
Description
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. (id:63159)
Values & Trends
This listing
$533/sqft
Building average
—
No other active listings in this building
Burnaby average
$742/sqft
177 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Townhouse Market Stats — Burnaby
Monthly figures from the Fraser Valley Real Estate Board for Burnaby townhouselistings — not specific to this property.
MLS® HPI Benchmark Price
$897,400
Jul 2026
Average Sale Price
$889,311
Jul 2026
Monthly Sales
35
Jul 2026
Active Listings
197
Jul 2026
Sales-to-Active Ratio
18.0%
Jul 2026
Median Days to Contract
14 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Vancouver
15°C
Clear
Humidity 100%
Wind NW 5 km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
249,125
(2021 Census)
+7% since 2016
Density: 2,750.6/km²
Dwellings: 107,046
Median household income: $83,000
After-tax: $73,500
Immigrant population: 50.4%
Top countries of origin (% of total population)
- China12.4% · 30,860
- Philippines4.5% · 11,235
- Hong Kong4.4% · 11,010
- Taiwan3.1% · 7,750
- India3% · 7,540
- Korea, South2.6% · 6,380
- Viet Nam1.4% · 3,380
- Iran1.3% · 3,210
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
30
5/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Montecito Elementary | Elementary | 230 m |
| Sperling Elementary | Elementary | 992 m |
| Lochdale Community Elementary | Elementary | 1.2 km |
| Ecole Seaforth Elementary | Elementary | 1.7 km |
| Westridge Elementary | Elementary | 1.9 km |
| Parkcrest Elementary | Elementary | 2.1 km |
| Burnaby North Secondary | Secondary | 2.2 km |
| Forest Grove Elementary | Elementary | 2.3 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Northbound Duthie Ave @ Montecito Dr | — | 313 m |
| Southbound Duthie Ave @ Camarillo Place | — | 325 m |
| Eastbound Halifax St @ Phillips Ave | — | 347 m |
| Westbound Halifax St @ Phillips Ave | — | 364 m |
| Northbound Duthie Ave @ Sutliff St | — | 368 m |
Nearby Places
Restaurants (1)
- Burnaby Mountain Restaurant · 7600 Halifax Street448 m
Grocery (1)
- Sungiven Foods608 m
Parks (3)
- Montecito Park143 m
- Squint Lake Park496 m
- Camrose Park537 m
Pharmacies (1)
- Pharmasave · 1601 Burnwood Drive569 m
Banks & ATMs (1)
- RBC · 2840 Bainbridge Avenue794 m
Nearby places data: © OpenStreetMap contributors.
School district: Burnaby (SD41)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.7% ($49,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.