Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 24
2 bed · 2 bath · 854 sq ft · 1 parking
Condo · Single Family · built 2022 · 44 days on market
Listed by Vicki Lee, RE/MAX City Realty
Open house · Saturday, October 10, 2pm–4pm
Realtor's description
This bright, spacious home features high ceilings, a generous living room with a modern TV feature wall and built-in TV stand with under-cabinet LED lighting, a well-appointed dining area, and a large kitchen with an island. Two spacious bedrooms, with the second bedroom featuring a walk-in closet, plus two full bathrooms. Enjoy morning coffee or evening relaxation on the large private balcony overlooking the beautifully landscaped garden. Located in vibrant Southgate, just a short walk to Edmonds SkyTrain Station for convenient transit access. Close to community centres, shopping, reputable schools, parks, and everyday amenities. Residents also enjoy a guest suite, perfect for visiting family and friends. 1 parking stall and 1 locker included. Open house Oct 10 (Sat) 2-4 pm
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 854 sq ft
- Parking
- 1
- Year built
- 2022
- Property tax
- $2,376 / yr
- Strata fee
- $374 / mo ($0.44 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 44
- MLS®
- R3159114
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Floor plans
Found among the listing photos.
Monthly cost
$3,700/mo
Mortgage $3,128 · Tax $198 · Strata $374
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
- −$2,057/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $3,128 · tax $198 · strata $374 · insurance ~$35 · 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
500 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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