Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 27
2 bed · 1 bath · 608 sq ft · 1 parking
Condo · Single Family · built 2021 · 44 days on market
Listed by Frank F. Chen, Royal Pacific Tri-Cities Realty
Realtor's description
LIVE ABOVE IT ALL AT POLARIS! This stylish 21st-floor Junior 2-Bedroom offers more flexibility than a traditional one-bedroom-perfect for a home office, guest room or growing family. Enjoy a chef-inspired kitchen with premium Miele appliances and sleek Italian cabinetry, soaring 9-foot ceilings, floor-to-ceiling windows, and year-round comfort with central heating and air conditioning. Step onto the expansive covered balcony and take in sweeping city views in every season. Ideally located just steps from SkyTrain, Metropolis at Metrotown, Bonsor Park, shopping, dining and recreation. One parking stall and one storage locker included. A sophisticated home in the heart of Metrotown-motivated seller, bring your offer!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 608 sq ft
- Parking
- 1
- Year built
- 2021
- Property tax
- $2,301 / yr
- Strata fee
- $352 / mo ($0.58 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 44
- MLS®
- R3159170
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Intercom
Floor plans
Found among the listing photos.
Monthly cost
$3,354/mo
Mortgage $2,810 · Tax $192 · Strata $352
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
- −$1,250/mo
- Cap rate
- 2.9%
- yearly net rent ÷ price
Costs: mortgage $2,810 · tax $192 · strata $352 · 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.
