Burnaby – Montecito

Montecito is an established residential neighbourhood nestled at the southwest side of Burnaby Mountain, next to the Burnaby Mountain Golf Course. It runs from Lougheed Highway in the south to Halifax Street in the north, Sperling Avenue to the west and Greystone Drive in the East.

Neighbourhood amenities

Montecito is comprised mostly of single family homes with pockets of townhomes and a small cluster of high-rise apartments. The neighbourhood adjoins the Burnaby Mountain Conservation Area, a forested park laced with hiking and biking trails and breathtaking views of Vancouver, the North Shore Mountains, Burrard Inlet. On a clear day you can even see Mt. Baker. At the top of Burnaby Mountain, Simon Fraser University is a public research university with more than 30,000 students and almost 1,000 faculty. The campus is renowned for its singular architectural style, most of it by Arthur Erickson.

Montecito also includes the Burnaby Mountain Golf Course, an 18-hole municipal facility that also includes a clubhouse, restaurant and driving range. Neighbouring Squint Lake Park features playgrounds, walking trails, tennis courts and championship softball diamonds.

A small retail plaza including a grocery store is located in the centre of Montecito. But the neighbourhood is handy to the busy commercial areas around Lougheed Mall and the Heights shopping district along Hastings Street.

 

Schools

 

Transit

The Sperling-Burnaby Lake SkyTrain station is located within the Montecito neighbourhood. There are major bus routes located on Sperling Avenue, Broadway, Halifax and Duthie Avenue that provide most of the neighbourhood with transit access.

 

Montecito real estate

The majority of properties in the neighbourhood are detached homes with a few older townhomes in the area. Condo sales have been limited in the past five years. 

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House Market Stats

YearAvg PriceHighLowMEDIANAvg $/SFHighLowMEDIANAVG After 2000AVG Before 2000Avg DOMCount
2010$885,012$1,420,800$600,000$835,000$309$438$211$300$1,002,410$849,7934939
2011$1,018,255$1,400,000$750,000$957,500$334$525$137$339$1,150,955$994,4373046
2012$939,940$1,250,000$680,000$935,000$386$758$223$365n/a$939,9404325
2013$1,094,783$2,550,000$775,700$982,500$332$539$187$325$1,907,477$997,2604028
2014$1,144,655$2,920,000$700,000$1,087,500$374$751$260$359$1,709,829$1,038,6853738
2015$1,354,971$2,751,000$760,000$1,240,000$427$724$218$407$1,864,254$1,263,3003859
2016$1,685,453 $3,248,000 $1,175,800 $1,609,000 $576$910$347$538$3,248,000$1,627,581 1328

Condo Market Stats

YearAvg PriceHighLowMedianAvg $/SFHighLowMedianAVG After 2000AVG Before 2000Avg DOMCount
2010$268,125 $307,500 $189,500 $287,750 $273$283$267$271n/a$268,125 694
2011$262,800 $342,000 $205,000 $245,000 $268$283$255$269n/a$262,800 405
2012n/an/an/an/an/an/an/an/an/an/an/an/a
2013$262,800 $342,000 $205,000 $245,000 $268$283$255$269n/a$262,800 405
2014$231,000 $243,000 $219,000 $231,000 $240$254$225$240n/a$231,000 842
2015$232,500 $250,000 $215,000 $232,500 $265$280$250$265n/a$232,500 312
2016$314,000$314,000$314,000$314,000$289$289$289$289n/a$314,000451

Townhouse Market Stats

YearAvg PriceHighLowMedianAvg $/SFHighLowMedianAVG After 2000AVG Before 2000Avg DOMCount
2010$390,829 $520,000 $310,000 $390,829 $258$311$195$258$0$390,829 4128
2011$365,563 $529,750 $258,500 $365,563 $236$300$177$236$0$365,563 4634
2012$359,049 $475,000 $288,000 $359,049 $241$273$198$241$0$359,049 4522
2013$362,331 $525,000 $280,000 $362,331 $242$289$200$242$0$362,331 3229
2014$370,522 $580,000 $293,800 $370,522 $251$319$198$251$0$370,522 4332
2015$384,344 $552,000 $300,000 $364,500 $275$321$210$273$0$384,344 1834
2016$470,683$660,000$335,000$440,900$321$390$277$317$0$470,6831924

Burnaby – Montecito

2326 Duthie Ave, Burnaby, BC V5A 2S3, Canada