6.4% price reduction

5 7307 Montecito Dr, Burnaby, BC

$729,000 Est. Mortgage /mo

MLS® R3080920 · Villa Montecito

2 Beds
2 Baths
1250 sqft
583 $ /sqft
510.98 $ Maint. fee
1973 built
$729,000
$779,000
Est. /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

Property Details & Specs

6.4% price reduction

This beautifully updated 1,250 sq ft Montecito townhouse offers a thoughtfully designed layout with 2 bedrooms, 2 bathrooms, and an upstairs den perfect for a home office. Elegant acacia hardwood floors flow throughout, leading to a renovated kitchen featuring quartz counters, upgraded cabinets, and stainless-steel appliances. The spacious primary bedroom easily fits a king bed and includes a walk-in closet. Enjoy in-suite laundry, abundant storage, and a new roof for peace of mind. This family-friendly complex features an outdoor pool and sits steps from Montecito Elementary. Commuting is easy via the Millennium Line and Hwy 1. Walk to Burnaby Golf Course, Squint Lake Park, and Sungiven Foods. A must-see for first-time buyers and downsizers alike! Open house on Mar 1 from 1-3pm

General Info

Price $729,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1250
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 1973
Age Of Building 53
Building Type Townhouse
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Clubhouse, Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities
Building Features -
Structures Residential Attached

Additional Details

MLS® # R3080920
Building Name Villa Montecito
Area Burnaby North
Neighbourhood Montecito
City Burnaby
Postal Code V5A 1R2
Price per Sqft $583
Gross Taxes $2,184.05
Ownership Type Freehold Strata
Maintenance Fee $510.98
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Carport Single, Guest
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning RM1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property Timeline

Status Date Price
R3080920 / Active 01-19-2026 $729,000
Rooms
Floor Type Dimensions
Main Level Foyer 11'11 x 11'11 ft
Main Level Living Room 12'7 x 12'7 ft
Main Level Kitchen 11'5 x 11'5 ft
Main Level Dining Room 7'11 x 7'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level No #4
Listed by: eXp Realty of Canada Inc. & eXp Realty of Canada Inc.

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.

Neighborhood & Transit Info

Public Schools

Secondary
Burnaby North Secondary School
2.2 km
Elementary
Montecito Elementary School
Average
0.11 km
6.8/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Burnaby Montessori School
2.45 km
Elementary, Secondary
Deer Lake School
3.45 km

Closest Transit

Bus Stop
Northbound Duthie Ave @ Montecito Dr
0.19 km
Skytrain
Skytrain @ Sperling Stn
1.10 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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $182
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($145,800), the estimated monthly payment for this listing is $3,477/month — $2,784 principal & interest, $182 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $2,724/month, this property runs a $812/month shortfall after mortgage and carrying costs. Break-even requires approximately 44% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $729,000
Burnaby Loading...
Montecito Loading...
Based on 2 comparable active Townhouses in Montecito, the average asking price is $721,000. This listing is priced 1.1% above the neighbourhood average. This property is flagged as a Hot Deal (6.4% price reduction) based on its competitive pricing and market demand.
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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

Property FAQs

What are the closest top-rated schools to 5 7307 Montecito Drive, Burnaby, BC?
The closest top-rated schools are Burnaby North Secondary School and Montecito Elementary School.
Is 5 7307 Montecito Drive, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 5 7307 Montecito Drive, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $4,374.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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