Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 34
2 bed · 2 bath · 1,101 sq ft · 1 parking
Townhouse · Single Family · built 2004 · 30 days on market
Listed by Eunice Lee, Oakwyn Realty Ltd.
Realtor's description
Located in a charming villa-style community just steps from Confederation Park, the library, transit, cafés, restaurants, shops, Safeway, medical services, and everyday conveniences, this ground-level 2 bedroom, 2 bathroom home offers comfort, ease, and exceptional walkability. Ideal for downsizers, young families, pet owners, or anyone seeking convenient one-level living, the home features an inviting open living and dining area, a well-appointed kitchen with stainless steel appliances and gas range, in-suite laundry, and a private patio perfect for relaxing or entertaining. Both bedrooms include thoughtful nook areas that can be used for added storage, a study space, vanity, or quiet lounge area. Includes 1 secured parking stall and 1 large storage locker. Pet and rental friendly.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,101 sq ft
- Parking
- 1
- Year built
- 2004
- Property tax
- $2,590 / yr
- Strata fee
- $488 / mo ($0.44 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 30
- MLS®
- R3163238
Features
- Central location
- Private setting
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$4,407/mo
Mortgage $3,703 · Tax $216 · Strata $488
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
- $2,110/mo
- After all costs
- −$2,641/mo
- Cap rate
- 1.5%
- yearly net rent ÷ price
Costs: mortgage $3,703 · tax $216 · strata $488 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in North 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 Rosser Elementaryhomes in this catchment
300 m away · 4375 Pandora St, Burnaby · 604-296-9027
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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