Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 34
2 bed · 2 bath · 990 sq ft · 2 parking
Townhouse · Single Family · built 2006 · 30 days on market
Listed by Shelly Vellani, Rennie & Associates Realty Ltd.
Realtor's description
WELCOME TO SOUGHT-AFTER CORTINA. This updated, stylish, 2 bed & den garden level residence, features an open concept layout with spacious living and dining areas, cozy fireplace, and large windows for plenty of natural light. The versatile den is perfect for a home office or guest space. Enjoy over 1100 square ft of indoor/outdoor living with your private patio, ideal for relaxing or entertaining. Includes: 2 Parking & Storage. This quiet, well-maintained complex offers a fantastic opportunity for those looking to buy a move-in ready home while seeking comfort and convenience in a prime Burnaby location. With proximity to Taylor Park Elementary, Trails, Edmonds Skytrain Station, Community Centre & Shopping, an effortless lifestyle awaits. Must See Virtual Tour!
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 990 sq ft
- Parking
- 2
- Year built
- 2006
- Property tax
- $2,448 / yr
- Strata fee
- $364 / mo ($0.37 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 30
- MLS®
- R3162739
Features
- Central location
- Private setting
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$4,267/mo
Mortgage $3,699 · Tax $204 · Strata $364
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
- −$2,764/mo
- Cap rate
- 1.3%
- yearly net rent ÷ price
Costs: mortgage $3,699 · tax $204 · strata $364 · insurance ~$175 · 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
200 m 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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