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Renanza Realty
Burnaby · Neighbourhood

Montecito Real Estate

Explore homes and condos for sale in Montecito, one of Burnaby's neighbourhoods. Live MLS® listings, updated continuously, plus a direct line to a Renanza agent who knows the area.

Market snapshot

The Montecito market right now

Montecito currently has 23 active listings. Most homes for sale are priced between $700K and $2.33M, with a median around $1.64M. Detached houses make up the largest share of the market.

23
Active listings
23
For sale
$1.64M
Median list price
$700K–$2.33M
Typical range
$673
Median price / sq ft
66
Median days listed
3
New in last 7 days
1973
Median year built

Montecito prices by bedrooms

BedroomsActive listingsMedian asking price
37$713K
4+14$2.05M

Figures reflect current active MLS® listings and update as the market moves.

Neighbourhood guide

Living in Montecito

Montecito is a residential neighbourhood on the southwest flank of Burnaby Mountain, wrapped around the Burnaby Mountain Golf Course and bordering conservation forest. It is known in planning documents as Sperling-Broadway.

Location & boundaries

It sits southwest of Burnaby Mountain, between Kensington Avenue to the west and Greystone Drive and Arden Avenue to the east, with Halifax Street and Lougheed Highway forming its northern and southern boundaries.

Housing & property types

Housing is mainly single-family homes, with pockets of townhouses and a small cluster of highrise apartments.

Shopping & dining

A small retail plaza with a grocery store sits centrally, and the larger Lougheed and Heights shopping areas are close by.

Parks & recreation

The 18-hole Burnaby Mountain Golf Course and Squint Lake sit at its heart, and the trails of the Burnaby Mountain Conservation Area adjoin the neighbourhood.

Getting around

Sperling-Burnaby Lake Station on the Millennium Line is in the neighbourhood, with bus routes on Sperling, Broadway, Halifax and Duthie avenues.

Who it may suit

May suit buyers wanting detached homes beside a golf course and mountain trails with SkyTrain access.

Sources: en.wikipedia.org, faithwilson.com, garbuttdumas.ca

Neighbourhood snapshot — Burnaby

Statistics Canada, 2021 Census of Population for Burnaby, City (CY) [Census subdivision], British Columbia. These figures describe the city as a whole, not this specific address — useful context, not a substitute for local knowledge. View source

Population

249,125

Total population

+7%

Growth since 2016

40.4

Median age

Income

$83,000

Median household income

Household

2.4

Avg. household size

29.2%

Live alone

59.8%

Families w/ kids

Housing

60.5%

Owned

39.5%

Rented

$980,000

Median dwelling value

Apartment69.4%
Single-detached house18.9%
Row house / townhouse8.7%
Other3.0%

Education

Highest credential, ages 25–64

Bachelor's degree or higher47.2%
Trades or college diploma26.6%
High school diploma20.4%
No certificate, diploma or degree5.8%

Commute

How residents get to work

Car, truck or van71.0%
Public transit21.6%
Walked4.7%
Bicycle0.9%
Other1.8%

Languages

Mother tongue, top responses

English41.5%
Mandarin13.7%
Cantonese12.1%
Korean3.3%
Tagalog3.0%

Buying a home in Montecito

BC's 2023 small-scale multi-unit housing legislation now allows three to four units on most single-family lots in larger municipalities, which is reshaping what detached lots are worth. Check the lot's current zoning with the municipality, and get a home inspection and a title search before removing subjects.

Budget for BC's property transfer tax on top of the price — it's charged on the purchase and first-time buyers and new builds may qualify for exemptions. See our BC & Alberta closing costs checklist.

Common questions

Frequently asked

If yours isn't here, ask us directly — we'd rather answer it now.

How much does a home cost in Montecito?

The median asking price for homes currently for sale in Montecito is about $1,638,000, and most are listed between $700,000 and $2,332,000. These figures come from active MLS® listings and move with the market.

How many homes are for sale in Montecito right now?

There are 23 active listings on this page's search, 3 of them new in the last 7 days. Listings are updated continuously from the MLS®.

How much is a 3-bedroom home in Montecito?

Median asking prices by bedroom count in Montecito right now — 3 bedrooms: about $713,000; 4+ bedrooms: about $2,049,000. Based on 21 active listings.

What is the price per square foot for homes in Montecito?

The median asking price per square foot of living area is about $673 across homes currently listed in Montecito. Location, age and building type move this a lot, so compare within a neighbourhood.

How long have homes in Montecito been on the market?

The typical active listing here first came on the market about 66 days ago. That's days listed so far, not time to sell, but a long figure usually signals more room to negotiate.

Can non-Canadians buy a home in Montecito?

Generally not right now. Since January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act has barred most non-Canadians from buying residential property, with exceptions such as permanent residents and some work-permit holders. The ban has been extended before, so confirm its current status and get legal advice on your situation.

Thinking about Montecito?

Tell us what you're after in Montecito and we'll send matching listings the moment they hit the market.