Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 40
3 bed · 2 bath · 1,247 sq ft · 2 parking
Condo · Single Family · built 1994 · 25 days on market
Listed by Chris Cha, Grand Central Realty
Realtor's description
RARELY OFFERED Bright & Spacious unit at Strathmore Towers! This Open-Concept Unit offers 3 Bedrooms, 2 Bathrooms, a Fabulous Kitchen Area, and a Private Patio with Amazing City & Mountain Views. ENGINEER HARDWOOD FLOORING THROUGHOUT(2026), Updated lightings, Large Living and Dining Area that features Expansive Windows and a Gas Fireplace which is included in strata fee. All bedrooms are generously sized and thoughtfully designed for comfort. Major building updates-Plumbing, Roof & Exterior repairs. PROACTIVE STRATA! SIDE BY SIDE 2 PARKINGS. The Amazing Amenities include a Outdoor Swimming Pool, Sauna, Tennis and Squash Courts, Gym and Party Room! This property is Centrally Located in North Burnaby and walking distance to Lougheed Mall, Transit & Shopping.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,247 sq ft
- Parking
- 2
- Year built
- 1994
- Property tax
- $2,292 / yr
- Strata fee
- $534 / mo ($0.43 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 25
- MLS®
- R3165162
Features
- Elevator
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,814/mo
Mortgage $3,089 · Tax $191 · Strata $534
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
- −$2,171/mo
- Cap rate
- 1.6%
- yearly net rent ÷ price
Costs: mortgage $3,089 · tax $191 · strata $534 · 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 Cameron Elementaryhomes in this catchment
500 m away · 9540 Erickson Dr, Burnaby · 604-296-9005
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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