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2503 2388 Madison Avenue
homes for sale · Burnaby
2503 2388 Madison Avenue — photo 1 of 37
1 / 37
$719,000

2503 2388 Madison Avenue

Burnaby · MLS® R3175638

221

850 sq ft · Condo · Single Family · built 2019 · 14 days on market

listed by Eric Zamora, Rennie & Associates Realty Ltd.

realtor's description

Modern Masterpiece + Luxury & Convenience. Welcome to your bright, golden corner at Fulton House by Polygon in Brentwood. This rare 2 bedroom residence offers over 1000 sqft of indoor outdoor living with a sun filled balcony offering unobstructed, forever 270° views of Mount Baker, Metrotown & beyond. Features include floor-to-ceiling windows, a sleek chef´s kitchen with gas range & oversized island, plus custom-built closets in the primary bedroom & entry, and a wall-mounted shoe rack for 60 pairs. Resort style amenities: outport pool, hot tub, sauna, gym & more. With proximity to Solo Districts Whole Foods, Amazing Brentwood, Renowned Schools, Shopping & Dining, an effortless lifestyle awaits. MUST SEE VIRTUAL TOUR!

similar homes nearby

all units at 2388 Madison Ave →

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
850 sq ft
parking
1
year built
2019
property tax
$2,545 / yr
strata fee
$456 / mo ($0.54 / sq ft)
strata rules
Pets Allowed With Restrictions, Rentals Allowed With Restrictions
days on market
14
MLS®
R3175638

features

  • Central location
  • Cul-de-sac
  • Elevator
  • Pets Allowed With Restrictions
  • Rentals Allowed With Restrictions
  • All

floor plans

found among the listing photos.

monthly cost

$3,832/mo
Mortgage $3,164 · Tax $212 · Strata $456

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$3,164/ monthly
loan $575,200
25-year amortization
total interest
$374,126
property transfer tax
$12,380
BC general rate
cash to close
$156,180
down + PTT
total paid
$949,326
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent
$2,390/mo
after all costs
−$1,669/mo
cap rate
2.5%
yearly net rent ÷ price

Costs: mortgage $3,164 · tax $212 · strata $456 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in North Burnaby, Burnaby: CMHC's average there ($2,110) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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

schools

Catchment schools, Burnaby School District 41

  • Elementary Kitchener Elementaryhomes in this catchment

    1.2 km away · 1351 Gilmore Ave, Burnaby · 604-296-9017

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. (email only) and they follow you to every device.

listed by
Eric Zamora
Rennie & Associates Realty Ltd.
call Eric · 778-389-4556
Powered by: REALTOR.ca
▶ virtual tour

location

BurnabyGoogle Maps ↗

Rapid transit: Gilmore SkyTrain station, 500 m (about 7 min walk); Brentwood Town Centre SkyTrain station, 600 m (about 10 min walk).

property tax by year

yearassessedest. tax
2026$779,000$2,558
2025$854,000$2,543

Estimated tax up 0.6% from 2025 to 2026.

The listing shows $2,545 a year in property tax.

Estimate: the BC Assessment value times Burnaby's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

the market here

listed now
58 days
median for 963 condos for sale; this one 14 days

Condos in Burnaby. Sale prices register 1 to 3 months after a sale closes.

15 7184 Stride Avenue, Burnaby
open houseTownhouse
$668,000
13% under assessed
15 7184 Stride Avenue
Burnaby10 days on market
listed by RE/MAX City Realty
3211,098 sq ft
MLS® R3176570
4801 4650 Brentwood Boulevard, Burnaby
Condo
$699,000
4801 4650 Brentwood Boulevard
Burnaby51 days on market
listed by RE/MAX City Realty
22
2708 2289 Yukon Crescent, Burnaby
open houseCondo
$619,000
13% under assessed
2708 2289 Yukon Crescent
Burnaby2 days on market
listed by RE/MAX Crest Realty
2
406 4223 Hastings Street, Burnaby
Condo
$565,000
406 4223 Hastings Street
Burnaby8 days on market
listed by RE/MAX All Points Realty
11
4809 4670 Assembly Way, Burnaby
Condo
$648,000
4809 4670 Assembly Way
Burnaby21 days on market
listed by Oakwyn Realty Ltd.
11
1805 3888 Evergreen Place, Burnaby
Condo
$699,900
1805 3888 Evergreen Place
Burnaby15 days on market
listed by eXp Realty
22
1
720 sq ft
MLS® R3162528
2
1
849 sq ft
MLS® R3178976
1
602 sq ft
MLS® R3177372
1
610 sq ft
MLS® R3173680
1
780 sq ft
MLS® R3175382

location

the building's lot: 7,523 m² (80,977 sq ft) · PID 030-969-212. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

BurnabyGoogle Maps ↗

Rapid transit: Gilmore SkyTrain station, 500 m (about 7 min walk); Brentwood Town Centre SkyTrain station, 600 m (about 10 min walk).

Drive times
  • Kitchener Elementary3 min
  • Burnaby Hospital5 min
  • Alpha Secondary5 min
  • British Columbia Institute of Technology5 min
  • Downtown Vancouver16 min
  • YVR airport31 min
89

Walkability 89/100 · Very walkable: most errands on foot

Within a 10 minute walk: 3 grocery stores, 44 places to eat or drink, 12 cafes, 5 parks and playgrounds, 3 pharmacies, 20 transit stops.

mihom score from OpenStreetMap places, by straight line distance.