Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 14
2 bed · 1 bath · 850 sq ft · 1 parking
Townhouse · Single Family · built 2003 · 63 days on market
Listed by Vivia Yao, Interlink Realty
Realtor's description
Central location! -This ground floor 2 bedroom + den townhome, quality built by Georgie Award winning developer- Adera, features laminate floorings, fireplace, spacious bathroom and den. Enjoy your BBQs and quiet evenings at your private patios (front and back). Walking distance to Edmonds Skytrain Station, Byrne Creek Secondary, Stride Elementary, parks and shopping.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 850 sq ft
- Parking
- 1
- Year built
- 2003
- Property tax
- $2,006 / yr
- Strata fee
- $372 / mo ($0.44 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 63
- MLS®
- R3153828
Features
- Central location
- Pets Allowed With Restrictions
- All
Monthly cost
$3,427/mo
Mortgage $2,889 · Tax $167 · Strata $372
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
- −$1,924/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $2,889 · tax $167 · strata $372 · 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 Stride Avenue Community Elementaryhomes in this catchment
300 m away · 7014 Stride Ave, Burnaby · 604-296-9032
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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