Montecito Condos & Townhomes for Sale

Montecito, Burnaby: 11 condos and townhomes listed at the end of October 2026 and 2 sold in the month, a sales ratio of 18%, which the reports’ scale reads as a balanced market. By listings that is number 16 of 35 Burnaby communities for condos and townhomes.

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Montecito condos and townhomes listed and sold, June to October 2026

Montecito condos and townhomes by month, with share of Burnaby
Month	Listed	Sold	Sales ratio	Share of Burnaby listings	Share of Burnaby sales
June 2026	11	2	18%	0.8%	0.9%
July 2026	12	3	25%	0.9%	1.5%
August 2026	12	2	17%	0.9%	1.1%
September 2026	12	0	—	0.9%	0.0%
October 2026	11	2	18%	0.8%	1.2%

Source: MLS® data from the Greater Vancouver REALTORS® and the Fraser Valley Real Estate Board, compiled by SnapStats®. How these figures are defined and sourced

Listings of condos and townhomes in Montecito was little changed, 11 in June and 11 in October (+0.0%), and 9 sold across the 5 months. In October the community held 0.8% of Burnaby’s 1,309 condos and townhomes listed.

Condos and townhomes or houses in Montecito?

Montecito also had 18 houses listed and 2 sold in October, against 11 condos and townhomes listed. The Montecito houses page has those figures.

Montecito home prices: what sold, November 2025 to October 2026

17 townhomes sold in Montecito with a median price of $790,000 (the middle half sold between $720,000 and $842,000), taking a median of 21 days to sell at 96.4% of the last list price; 0% sold above list. They had a median $536 per square foot, a median year built of 1973 and a median strata fee of $508 a month.

Montecito: what sold, by home type
Home type	Sold	Median price	Median days to sell	Sold vs list	Median per sq ft
Townhomes	17	$790,000	21 days	96.4%	$536

Source: Paragon, the MLS® system used by Jared’s office, closed sales from November 1, 2025 to October 22, 2026. How these figures are defined and sourced

Montecito condos and townhomes: your questions answered

How many condos and townhomes are for sale in Montecito?

11, in the Greater Vancouver REALTORS® month-end figures for October 2026. Listings change every day; Jared can tell you what is available now.

Is Montecito a buyers’ or sellers’ market for condos and townhomes?

Montecito condos and townhomes sold at a sales ratio of 18% in October 2026, a balanced market on the reports’ scale (under 12% favours buyers, over 20% favours sellers).

How many condos and townhomes sold in Montecito from June to October 2026?

9 condos and townhomes sold in Montecito over those 5 months, out of 916 in all of Burnaby.

Do these numbers separate condos from townhomes?

No. The monthly reports publish condos and townhomes as one line, so every count here includes both. Jared can pull the split for a specific building or street.

How many condo buildings are actually in Montecito?

One strata apartment building — The Ambassador at 7321 Halifax Street (1987) — plus the rental-only Montecito Towers next door, which cannot be bought. Attached listings totalled 12 in September 2026 with no attached sales that month (SnapStats, September 2026)

Can I have a pet at The Ambassador?

Current listings say no: one listing states "no pets permitted" and the current listing's pet field reads "No." Pet bylaws remain enforceable in BC (unlike rental bylaws) — confirm on the Form B and registered bylaws before writing.

Can I rent out an Ambassador unit?

For a long-term tenancy, yes — strata rental-restriction bylaws have been unenforceable since November 24, 2022, so the listing line "rentals allowed with restrictions" cannot mean a long-term ban. A short-term rental bylaw could still bind.

Is The Ambassador a concrete or wood building, and has it been rainscreened?

A current listing records construction as concrete, and current listing copy describes it as a rainscreened building with proactive strata management — verify the envelope scope and dates in the depreciation report and strata minutes, not from listing copy.

Which elementary school serves an Ambassador-area address — Montecito or Sperling?

The SD41 locator run for 2176 Duthie Ave returned Montecito Elementary (K–7) and Burnaby North Secondary (8–12); Sperling appeared for that address only as Early French Immersion. The settled point is "Montecito, not Sperling" — and catchments are address-based, so run the building's exact address.

How many townhouse complexes are there in Montecito?

One verified: Villa Montecito (Montecito 2000) on Montecito Drive and Capistrano Drive — 75 strata townhouse units under plan NWS90.

How old is Villa Montecito, really?

The MLS report and current listings say 1973; the building directory says 1974.

Can I rent out a Villa Montecito townhouse?

The directory records rentals allowed with restrictions, and under provincial law any strata rental-restriction bylaw has in any case been void for long-term rentals since Nov 24, 2022. Short-term rentals can still be restricted by bylaw — confirm the current position on the Form B.

What did townhomes in Montecito sell for?

From November 2025 to late October 2026, Montecito recorded 17 townhome sales at a median of $790,000.

How long do townhomes take to sell in Montecito?

Typical time on the market was 21 days. At the median, sale prices were 96.4% of list, and 0% of sales closed above list (November 1, 2025 to October 22, 2026).

What Buyers & Sellers Say

Excerpts from Google reviews for Jared Gibbons, REALTOR® at Royal LePage Little Oak Realty (Suite 201 - 15272 Croydon Dr, Surrey). Quoted word for word; initials only.

5 out of 5 stars

“Awesome experience dealing with Jared. Selling my house was so easy actually he made it so smooth we had so many things going on at that time but he took care of the deal and got us a good price for our condo. Hope to work with him in future.”

J.V. Google review
5 out of 5 stars

“I’ve had the pleasure of working with Jared for both buying and selling homes in the past, and he has recently helped me sell a condo. I can confidently say that his service is by far better than any other realtor I’ve worked with…”

A.B. Google review
5 out of 5 stars

“We had a great experience working with Jared. A family member from Vancouver Island recommended that we reach out to him to help us buy our first home in Port Coquitlam…”

B.V. Google review

More Burnaby condos and townhomes

Condo buildings in Montecito

The Ambassador — 7321 Halifax Street

A strata high-rise at the Halifax / Phillips pocket: current listings record Apartment/Condo, Subdivision Name "The Ambassador," year built 1987, with strata fees charged (a strata purchase, not a rental building — one listing's sub-type field reads "Strata" outright). A rental-directory page for the same address records 100 units / 18 stories and built 1987 (secondary source; the unit count and storey count are directory figures). Construction: concrete, per a current listing's construction field. Published restrictions in current listings: no pets permitted; one listing states rentals are allowed with restrictions (long-term rental restrictions are in any case void since Nov 24, 2022). Listings describe a rainscreened building with outdoor pool, gym and billiards room, and underground parking.

Streets, schools and transit near Montecito condos

Where the condo stock concentrates: a small pocket of apartments and condos around Halifax Street at Phillips Avenue, at the area's north-west side — the rest of the sub-area is detached houses on the sloping streets below Burnaby Mountain, with scattered townhomes.
Transit anchor: Sperling–Burnaby Lake Station, an elevated Millennium Line station at Sperling Avenue and Lougheed Highway, is directly south of the sub-area, with bus routes 110, 134 and 144 connecting there — the 144 runs between Metrotown Station and SFU. The Halifax-side condo pocket is at the opposite, north end of the sub-area from the station.

Good to know about Montecito condos

Half the "condo pocket" cannot be bought. At Halifax and Phillips, the strata Ambassador (1987) stands beside Montecito Towers (7360 / 7376 Halifax, built 1972, 136 units), which is purpose-built rental only — a buyer touring the pocket has exactly one purchasable apartment building.
The new OCP outranks the old plans. The Burnaby 2050 OCP (adopted December 9, 2025) takes precedence over older community-plan land use maps where they conflict.
A new recreation complex is being built at the area's west edge. The new Burnaby Lake Recreation Complex is under construction beside Bill Copeland Sports Centre (3676 Kensington Avenue, NHL-sized rink, 1,984 seats), with City programs at Bill Copeland continuing during construction; Burnaby Lake Sports Complex Fields 1 and 2 were closed May to September 2026 for turf upgrades and were listed OPEN again in the City's October 29, 2026 field-status update.
You can walk into Burnaby Lake Regional Park from the SkyTrain station. Metro Vancouver notes direct park access from Sperling–Burnaby Lake Station — the park is a wildlife sanctuary with a rowing course, Nature House, viewing towers and docks, immediately south of Lougheed Highway.

The province-wide rules are on one page: BC condo buying rules.

Sources for the condo notes on Montecito

Townhome complexes in Montecito

Villa Montecito (MLS complex name: Montecito 2000)

Montecito Drive and Capistrano Drive (addresses include 7307, 7321 and 7335 Montecito Drive, and 7363 and 7387 Capistrano Drive). Strata

A full MLS report for a unit in the complex records Complex/Subdivision "Montecito 2000," legal plan PL NWS90, 75 total units in the strata, Title to Land Freehold Strata, townhouse form, management by Strataco, and an outdoor pool and clubhouse among the amenities; current listing records agree on Title to Land Freehold Strata and Sub-Type Townhouse. The building directory records the strata restrictions as "pets allowed w/rest., rentals allowed w/restrictions" (directory data — confirm on the Form B). (full MLS report, secondary source) (listing record, secondary source)

Streets, schools and transit near Montecito townhomes

The report combines condos and townhomes in one "Condos & Townhomes" category; Burnaby-wide (community level) figures for September 2026 are: Detached median $1,825,000, $662/sqft, sale-to-list 96%, 37 days on market; Condos & Townhomes median $686,000, $763/sqft, sale-to-list 98%, 36 days on market.
Transit and roads: Sperling–Burnaby Lake Station, an elevated Millennium Line station at Sperling Avenue and Lougheed Highway, sits directly south of the sub-area, with bus routes 110, 134 and 144 connecting there (the 144 runs Metrotown Station to SFU). Lougheed Highway is the main east-west road at the south edge; Kensington Avenue, Sperling Avenue, Duthie Avenue and Halifax Street run through the neighbourhood, and Burnaby Mountain Parkway climbs from the east side to SFU.
Schools: SD41 catchments are address-based; SD41 has no middle-school tier — elementary is K–7 and secondary is 8–12.

Local rules that affect townhome buyers in Montecito

Form B diligence (Villa Montecito): Strata Property Act s. 59 — the Form B states the lot's monthly strata fees, amounts owing, approved special levies still payable, the CRF balance and an insurance summary, with the rules, current budget, any Rental Disclosure Statement and the most recent depreciation report attached; provided within 7 days, maximum $35 plus up to 25 cents per page. For a 1973 wood-frame complex, the depreciation report, CRF balance and any envelope history in that package are the purchase. Directory restriction lines here are directory data, not bylaws — the Form B and registered bylaws govern.

Good to know about Montecito townhomes

The City does not call this area Montecito. For Burnaby administrative and planning purposes the same area is "Sperling-Broadway" — a buyer reading City documents, community-plan maps or facility pages under "Montecito" will miss material filed under the planning name.
The sports complex fields were closed most of 2026 and are back. Burnaby Lake Sports Complex Fields 1 and 2 were closed for turf upgrades scheduled May to September 2026 and were listed OPEN again in the City's October 29, 2026 field-status update; the complex has 5 lit artificial turf fields, and the new Burnaby Lake Recreation Complex is under construction beside Bill Copeland Sports Centre (3676 Kensington Avenue, NHL-sized rink, 1,984 seats) while programs continue.
You can walk into a regional park from the SkyTrain station. Burnaby Lake Regional Park — a wildlife sanctuary with a rowing course, pavilion and public canoe launch, a Nature House, and viewing towers and docks — is directly south across Lougheed Highway, and Metro Vancouver notes the walk-in access from Sperling–Burnaby Lake Station.
There is no mall or town centre inside Montecito. Burnaby's plan framework designates Brentwood (west) and Lougheed (east) as the town centres serving this area, with Kensington Square at Hastings and Kensington as the local plaza — "walk to shops" claims for a Montecito townhouse should be tested against that map.
The seniors facility on Halifax Street is care housing, not a 55+ purchase option.

The province-wide rules are on one page: BC townhome buying rules.

Sources for the townhome notes on Montecito

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