Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 35
2 bed · 2 bath · 848 sq ft · 1 parking
Condo · Single Family · built 2024 · 142 days on market
Listed by Ravi Singh, Homelife Benchmark Realty Corp.
Realtor's description
Welcome to Azure II by Ledingham McAllister in Burnaby´s growing Southgate community! This bright and well-maintained 2 bed + den, 2 bath home features an open-concept layout, floor-to-ceiling windows, A/C, and a modern kitchen with quartz countertops, stainless steel appliances, a gas cooktop, and a large island. The versatile den is perfect for a home office or extra living space. Enjoy beautiful views from the spacious balcony. Includes 1 parking stall and 1 storage locker. Residents enjoy access to a fitness centre, guest suites, and landscaped outdoor areas. Conveniently located just steps to Edmonds SkyTrain, parks, shopping, restaurants, and recreation. A fantastic opportunity for homeowners and investors alike!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 848 sq ft
- Parking
- 1
- Year built
- 2024
- Property tax
- $2,366 / yr
- Strata fee
- $430 / mo ($0.51 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 142
- MLS®
- R3125005
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$4,327/mo
Mortgage $3,699 · Tax $197 · Strata $430
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
- −$2,684/mo
- Cap rate
- 1.4%
- yearly net rent ÷ price
Costs: mortgage $3,699 · tax $197 · strata $430 · 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
400 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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