Condo
$565,000
2607 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173954
1 / 33
$475,000
106 7377 14TH AVENUE
Burnaby · MLS® R3173729
1 bed · 1 bath · 614 sq ft · 1 parking
Condo · Single Family · built 2012 · 1 day on market
Listed by Oleg Tsaryov, RE/MAX Masters Realty
Realtor's description
VIBE - Spacious 1-bedroom home offering 614 sq. ft. with high 9-foot ceilings and a huge private patio, perfect for outdoor living and entertaining. Enjoy great building amenities including a gym and lounge room. Up to 2 pets allowed: 2 dogs, 2 cats, or 1 dog and 1 cat, maximum 20 lbs per pet. School catchments: Stride Avenue Community School (K-7) and Byrne Creek Community School (8-12). Conveniently located near Edmonds SkyTrain, transit, parks, Edmonds Community Centre, Tommy Douglas Library, Highgate Village, shopping and restaurants.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 614 sq ft
- Parking
- 1
- Year built
- 2012
- Property tax
- $1,631 / yr
- Strata fee
- $273 / mo ($0.44 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 1
- MLS®
- R3173729
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
$2,478/mo
Mortgage $2,070 · Tax $136 · Strata $273
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
- $1,564/mo
- After all costs
- −$1,075/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $2,070 · tax $136 · strata $273 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in Southeast Burnaby, 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 Stride Avenue Community Elementaryhomes in this catchment
1000 m away · 7014 Stride Ave, Burnaby · 604-296-9032
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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