Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 38
2 bed · 2 bath · 920 sq ft · 2 parking
Condo · Single Family · built 1996 · 95 days on market
Listed by Chris Shields, Macdonald Realty (Surrey/152)
Realtor's description
Freshly painted and move-in ready, this bright 2 bed, 2 full bath corner home is packed with value! Soak in spectacular views of Mt. Baker and the North Shore Mountains from your window-filled living space or relax on your private patio. Cozy up by the gas fireplace, enjoy easy-care laminate flooring, and appreciate the abundance of in-suite closet storage. Includes 2 secure underground parking stalls, storage locker, and in-suite laundry. Fitness centre, beautiful gardens, and green-space trails complete the lifestyle. Just a short stroll to Edmonds SkyTrain & right next to Highgate Village Shopping Centre-everything you need is at your doorstep! Open House Sunday 2-4pm Oct 4th
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 920 sq ft
- Parking
- 2
- Year built
- 1996
- Property tax
- $1,946 / yr
- Strata fee
- $375 / mo ($0.41 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 95
- MLS®
- R3142629
Features
- Central location
- Treed
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,365/mo
Mortgage $2,828 · Tax $162 · Strata $375
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
- −$1,722/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $2,828 · tax $162 · strata $375 · 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 Taylor Park Elementaryhomes in this catchment
1.1 km 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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