Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 21
2 bed · 2 bath · 894 sq ft · 1 parking
Condo · Single Family · built 2024 · 214 days on market
Listed by Virginia Cacayan, Grand Central Realty
Realtor's description
NORTH EAST FACING CORNER UNIT WITH STUNNING UNOBSTRUCTED MOUNTAIN AND CITY VIEW! ! ! ! !Beautiful concrete building by Ledingham McAllister. Azure II.This 2 bedroom and 2 bath unit have it all! from Air conditioning, Stainless steel appliances, Full Load Washer and Dryer/Gas stove and MASSIVE balcony for your year round enjoyment. It also comes with a DEN for office use or extra storage space. It has gym facility, Amenity room/1 parking stall and locker. Within walking distance to Edmonds and 22ND ST SkyTrain station, Taylor Park, Elementary schools and Community Center.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 894 sq ft
- Parking
- 1
- Year built
- 2024
- Strata fee
- $417 / mo ($0.47 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 214
- MLS®
- R3097581
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$4,469/mo
Mortgage $4,052 · Strata $417
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $1,824/mo
- After all costs
- −$2,826/mo
- Cap rate
- 1.6%
- yearly net rent ÷ price
Costs: mortgage $4,052 · strata $417 · insurance ~$35 · 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 Stride Avenue Community Elementaryhomes in this catchment
400 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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