Open houseCondo
$768,000
3109 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173793
1 / 29
2 bed · 2 bath · 877 sq ft · 2 parking
Condo · Single Family · built 1992 · 87 days on market
Listed by Garry Nip, RE/MAX Crest Realty
Realtor's description
This beautifully cared-for 2-bedroom, 2-bathroom TOP FLOOR home offers a rare sense of peace, privacy and connection to nature. Lush greenery fills the view from every window, creating a calming backdrop you´ll love coming home to. Step onto your private balcony and enjoy a quiet morning coffee or afternoon tea surrounded by the beauty of mature trees. The home has been lovingly maintained and shows like new, offering a bright, comfortable and truly move-in-ready space with entertainment sized kitchen and a kitchen counter. A peaceful sanctuary that feels worlds away-yet keeps you close to everything you need. Come home and fall in love! Only two blocks away from Edmonds skytrain. This home comes with 2 Parkings and 1 Locker. Complex has 4 shared EV Parkings!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 877 sq ft
- Parking
- 2
- Year built
- 1992
- Property tax
- $1,848 / yr
- Strata fee
- $552 / mo ($0.63 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 87
- MLS®
- R3146111
Features
- Central location
- Cul-de-sac
- Private setting
- Treed
- Elevator
- Gated community
Monthly cost
$3,429/mo
Mortgage $2,723 · Tax $154 · Strata $552
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
- −$1,786/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $2,723 · tax $154 · strata $552 · 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 Taylor Park Elementaryhomes in this catchment
300 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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