Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 27
2 bed · 2 bath · 918 sq ft · 1 parking
Condo · Single Family · built 2018 · 177 days on market
Listed by Morning Yu, Laboutique Realty
Realtor's description
Beautiful southeast corner unit at Midori by Polygon. Bright and spacious with floor-to-ceiling windows and an extra-large wraparound balcony showcasing mountain, city, and lake views. Lightly lived in and in excellent condition, featuring laminate and tile flooring throughout. Functional layout with a gourmet kitchen, center island, and window over the sink. Well-proportioned bedrooms offer easy furniture placement, plus a spa-inspired ensuite for added comfort. Includes 1 parking stall (P3 #196). Steps to Metrotown Mall, Bonsor Community Centre, SkyTrain, parks, dining, and more. Open House: 2-4pm on Sep. 27.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 918 sq ft
- Parking
- 1
- Year built
- 2018
- Property tax
- $2,835 / yr
- Strata fee
- $360 / mo ($0.39 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 177
- MLS®
- R3111784
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
$4,077/mo
Mortgage $3,481 · Tax $236 · Strata $360
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
- −$1,973/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $3,481 · tax $236 · strata $360 · 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.
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