Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 37
2 bed · 1 bath · 839 sq ft · 1 parking
Condo · Single Family · built 1999 · 27 days on market
Listed by Gordon Gadd, Royal LePage Sussex
Realtor's description
Welcome to this ground level oasis in the heart of Oaklands, adjacent to Deer Lake park. This is a beautifully maintained 2-bedroom condo nestled in Burnaby´s best family neighbourhood. Offering the effortless, walk-out lifestyle of a townhouse paired with the ease of condo living, this bright and cozy home is an absolute dream for active families, pet lovers, and downsizers alike. Enjoy a beautifully refreshed, modern kitchen and bathroom featuring stylish contemporary finishes. Walk straight out to your own East facing private patio space-perfect for morning coffee, summer BBQs, and family gatherings. Impeccably cared for by its owners, this home is completely turn-key and move-in ready. Walk to Skytrain, Metrotown, amenities and Marlborough elementary. Open House Sun Sep 20th, 2 to 4pm
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 839 sq ft
- Parking
- 1
- Year built
- 1999
- Property tax
- $1,843 / yr
- Strata fee
- $470 / mo ($0.56 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 27
- MLS®
- R3164635
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$3,229/mo
Mortgage $2,605 · Tax $154 · Strata $470
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,325/mo
- After all costs
- −$1,125/mo
- Cap rate
- 3.0%
- yearly net rent ÷ price
Costs: mortgage $2,605 · tax $154 · strata $470 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Central Park/Metrotown, Burnaby (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
BurnabyGoogle Maps ↗
Schools
Catchment schools, Burnaby School District 41
- Elementary Marlborough Elementaryhomes in this catchment
300 m away · 6060 Marlborough Ave, Burnaby · 604-296-9021
From the Burnaby School District 41's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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