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Building & Condo information

Villa Montecito

7311 Montecito


Burnaby North, V5A 1R2 VBNMO - Montecito

  • Suites: 0
  • Status: Completed
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: NWS136
  • Management company:  Associa British Columbia
  • Phone  604-591-6060  
  • Bldg#: 5943

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Villa Montecito MLS® Listings

5 7315 MONTECITO D.. 2 Bed, 2 Bath,1216 Sqft.  $520,000 Macdonald Realty
5 7315 MONTECITO D.. 2 Bed, 2 Bath,1216 Sqft.  $520,000 Macdonald Realty
(Nearby Listing)
1004 7321 HALIFAX .. 2 Bed, 2 Bath,976 Sqft.  $518,000 One Percent Realty Ltd.
(Nearby Listing)
204 1695 AUGUSTA A.. 2 Bed, 2 Bath,1537 Sqft.  $638,988 Sutton Centre Realty
(Nearby Listing)

MLS® Listings Summary (1) New Projects under Construction  Area MLS® Listings  Our Listings 
(Open houses highlighted in yellow)

MLS® Address Style BD BA Area Mnt Price F/Plan
1 R2412983 5 7315 Montecito Drive 2 Storey 2 2 1,216 $377 $520,000 N/A
Listings Listed By:  1. Macdonald Realty   
Legend: BD - Bedroom, BA - Bathroom, Mnt - Maintenance Fee, $/sqft - Dollars per square foot.
MLS® Listings Summary Print view

MLS® Disclaimer for BC: 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.

Building Info

Villa Montecito - 7311 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 consists of 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!

Strata Sub Categories: Strata
 

Villa Montecito Technical Info

Building Name Villa Montecito
Address 7311 Montecito
City Burnaby North
Neighborhood Montecito
Listing Price Range N/A
Units in Development: 0
Units in Strata: 0
Property Types Freehold Strata
Sub Categories:Strata
Year Built 0000
Strata Website www.associaonline.com/locations/associa-british-columbia
Management Associa British Columbia
  604-591-6060
Restrictions Details
Strata Plan NWS136
Title to Land Freehold Strata
  

Villa Montecito Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Villa Montecito - 7307 MONTECITO DRIVE - NWS136
  2. B Villa Montecito - 7313 MONTECITO DRIVE - NWS136
  3. C Villa Montecito - 7315 MONTECITO DRIVE - NWS136
  4. D Villa Montecito - 7321 MONTECITO DRIVE - NWS136
  5. E Villa Montecito - 7325 MONTECITO DRIVE - NWS136
  6. F Villa Montecito - 7323 MONTECITO DRIVE - NWS136
  7. G Villa Montecito - 7351 MONTECITO DRIVE - NWS136
  8. H Villa Montecito - 7319 MONTECITO DRIVE - NWS136
  9. I Villa Montecito - 7335 MONTECITO DRIVE - NWS136
  10. J Villa Montecito - 7375 MONTECITO DRIVE - NWS136
  11. K Villa Montecito - 7333 MONTECITO ALLEY - NWS136
  12. L Villa Montecito - 7331 MONTECITO DRIVE - NWS136
  13. M Villa Montecito - 7359 MONTECITO DRIVE - NWS136
  14. N Villa Montecito - 7305 MONTECITO DRIVE - NWS136
  15. O Villa Montecito - 7353 MONTECITO DRIVE - NWS136
  16. P Villa Montecito - 7337 MONTECITO DRIVE - NWS136
  17. Q Villa Montecito - 7355 MONTECITO DRIVE - NWS136
  18. R Villa Montecito - 7357 MONTECITO DRIVE - NWS136
  19. S Villa Montecito - 7361 MONTECITO DRIVE - NWS136
  20. T Villa Montecito - 7363 MONTECITO DRIVE - NWS136
  21. U Villa Montecito - 7365 MONTECITO DRIVE - NWS136
  22. V Villa Montecito - 7367 MONTECITO DRIVE - NWS136
  23. W Villa Montecito - 7369 MONTECITO DRIVE - NWS136
  24. X Villa Montecito - 7371 MONTECITO DRIVE - NWS136
  25. Y Villa Montecito - 7373 MONTECITO DRIVE - NWS136
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June 2020 Market Insights | REBGV

May 2020 Market Insights

Sales for May are up 34% from April and down 44% for May last year. Listings are down 37% from the same period last year, but 59% increase over April listings

BCREA Housing Market Update (June 2020)

Province May sales were down 45% compared to May 2019. Listings are down 10% year-over-year.

Market Insights April 2020

April Sales in COVID-19 time were down 40% from same period last year. Listings were also down by 60% from the same period last year.

BCREA Housing Market Update (May 2020)

Sales across BC fell 50% in April. Listing are down by 43%

Real Estate Related News Articles(Sun and Province) Search News  

Mandarin 
# Article Publish Date Source
1 Reverse mortgage as an exit strategy is a good idea?

Pimento suggests brokers offer using a reverse mortgage when building an exit strategy out of a high-interest alternative mortgage. Offering a lower interest, long-term strategy will not only benefit the homeowner, but adds an additional commission stream for the broker. Clients can use funds from a reverse mortgage to pay exit penalties from an alternative mortgage, and free themselves from a high-interest loan.


Using a reverse mortgage as an exit strategy #LesTwarog
2020/07/13 Mortgage Broker News
2 Conference Board of Canada foreseeable outlook for Canadian Real Estate economy

The Board’s Canadian Outlook Summary: Summer 2020, in contrast to projections made by institutions like the Canadian Mortgage and Housing Corporation, predicts less dramatic declines in housing prices, but its remaining insights track closely with projections that see the damage done to Canada’s economy at the hands of COVID-19 lingering well into 2021.


Conference Board releases mid-term outlook for Canadian real estate, economy #
2020/07/11 Mortgage Broker News
3 CRA’s eyeing tax audit for Canadian property transaction in the US

A Canadian taxpayer who is reassessed through this audit can face substantial tax penalties on top of interest, not to mention the professional and legal fees required to respond and object to the audit. There is also a possibility of prosecution for tax fraud or tax evasion. This article will break down the typical issues that could come up in a tax audit of undeclared real estate property or unreported real estate transactions.


CRA’s tax audit of U.S. real estate transactions #LesTwarog
2020/07/10 REM
4 REW, B.C’s real estate leading platform expanding their established listing adding rental properties.

In addition to listings, REW.ca says renters will have access to videos, virtual tours, market insights, and detailed descriptions of the rental properties, including their location, nearby schools, and amenities.

When asked about REW’s strategy, Bray added that, “our goal is to help Canadians find their next home, no matter what that looks like. Whether it’s buying a brand-new development, browsing a listing down the street, or finding a great rental apartment, REW is focused on delivering a complete real estate experience for everyone.”


REW.ca shakes up the real estate market by adding rental properties to B.C.
2020/07/08 other
5 Prices steady as resale home sales increase Metro Vancouver's June housing sales up month-over-month and 17 per cent above June 2019 with prices higher than a year ago

The total number of homes currently listed for sale on the MLS system in Metro Vancouver is 11,424. That's 23.7 per cent down from the 14,968 homes that were listed for sale in June 2019, but up 15.1% per cent from the 9,927 listed properties in May 2020.

 

For all property types, the sales-to-active listings ratio for June 2020 was 21.4 per cent. By property type, the ratio is 19.9 per cent for detached homes, 25.2 per cent for townhomes, and 21.3 per cent for apartments. Real estate insiders tend to describe the market as a “buyers’ market” when the sales-to-active-listings ratio is less than 12 per cent, and a “sellers’ market” when that ratio is above about 20 per cent for several months in a row.

 

Sales of detached homes in June reached 866, up 16.1 per cent from the 746 detached sales recorded in June 2019. The benchmark price for a detached home was $1,464,200, up 3.6 per cent from June 2019, and up 0.5 per cent from May 2020.


Prices steady as resale home in Metro Vancouver housing sales on June-Q2, incr
2020/07/08 Western Investor
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