Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 16
2 bed · 2 bath · 1,047 sq ft · 1 parking
Condo · Single Family · built 2024 · 53 days on market
Listed by Joseph Liang, RE/MAX Select Properties
Realtor's description
Experience elevated living in this stunning penthouse at The Hamilton by Mosaic, offering sweeping panoramic views from every room. One of only three exclusive penthouse homes, this 2-bedroom plus unit features soaring 10-foot ceilings and a thoughtfully designed layout that maximizes spacious, space, and comfort. The modern kitchen and bathrooms are finished in a sophisticated neutral palette and equipped with appliances including Fisher & Paykel refrigerator, 5-burner gas range & integrated dishwasher-perfect for both daily living and entertaining. Step outside to an oversized 215 square ft patio complete with gas hookup and water bib, ideal for enjoying the scenery year-round. Just steps to transit, shopping, cafes, restaurants, schools, etc.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,047 sq ft
- Parking
- 1
- Year built
- 2024
- Property tax
- $3,079 / yr
- Strata fee
- $701 / mo ($0.67 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 53
- MLS®
- R3156260
Features
- Central location
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- All
Monthly cost
$5,284/mo
Mortgage $4,326 · Tax $257 · Strata $701
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
- $2,110/mo
- After all costs
- −$3,378/mo
- Cap rate
- 1.1%
- yearly net rent ÷ price
Costs: mortgage $4,326 · tax $257 · strata $701 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in North 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 University Highlands Elementaryhomes in this catchment
300 m away · 9388 Tower Rd, Burnaby · 604-296-9036
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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