Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 11
3 bed · 3 bath · 1,887 sq ft · 2 parking
Townhouse · Single Family · built 1995 · 333 days on market
Listed by Bob Tai, Royal Pacific Tri-Cities Realty
Realtor's description
Almost 1900 sqft townhome with the primary bedroom and ensuite occupying the entire top level plus its own private balcony, well layout floor plan, gas fireplace in the living room, direct access from the lower level to the 2 parking stalls. Ten minutes drive to Metrotown with plenty of eateries and services along the way. Short walk to Edmonds transit hub with a skytrain station and connecting buses.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,887 sq ft
- Parking
- 2
- Year built
- 1995
- Property tax
- $3,375 / yr
- Strata fee
- $441 / mo ($0.23 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 333
- MLS®
- R3066076
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$5,375/mo
Mortgage $4,653 · Tax $281 · Strata $441
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
- $1,824/mo
- After all costs
- −$3,872/mo
- Cap rate
- 0.9%
- yearly net rent ÷ price
Costs: mortgage $4,653 · tax $281 · strata $441 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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 Taylor Park Elementaryhomes in this catchment
900 m away · 7590 Mission Ave, Burnaby · 604-296-9034
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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