Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
2 bed · 2 bath · 816 sq ft · 1 parking
Condo · Single Family · built 2021 · 177 days on market
Listed by Helena Zhang, Sutton Group - Vancouver First Realty
Realtor's description
Welcome to POLARIS, the brightest star in Metrotown! This 36-storey tower overlooks Bonsor Park and offers modern, stylish living. Homes feature gourmet kitchens with Italian cabinetry, Miele appliances, quartz countertops, wide plank flooring, 9' ceilings, and spacious balconies. Enjoy premium amenities including a 10,000 sg ft courtyard, fitness centre, guest suite, golf simulator, and party lounge with BBQ and dining terrace. Just steps to Metrotown, Royal Oak SkyTrain, shopping, dining, and entertainment.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 816 sq ft
- Parking
- 1
- Year built
- 2021
- Property tax
- $2,855 / yr
- Strata fee
- $484 / mo ($0.59 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 177
- MLS®
- R3111840
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$4,425/mo
Mortgage $3,703 · Tax $238 · Strata $484
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
- −$2,321/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $3,703 · tax $238 · strata $484 · 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 Maywood Community Elementaryhomes in this catchment
500 m away · 4567 Imperial St, Burnaby · 604-296-9022
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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
