Condo
$565,000
2607 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173954
1 / 23
2 bed · 2 bath · 1,000 sq ft · 1 parking
Townhouse · Single Family · built 2004 · 65 days on market
Listed by Simon Poon, RE/MAX City Realty
Realtor's description
Welcome to this stunning 2-bedroom, 2-bathroom, two-level townhome in the highly sought-after Forest Glen area of South Burnaby! This home boasts a spacious 233sf private rooftop terrace w/breathtaking views of the City & North Shore Mountains. The open-concept living & dining area features 9-foot ceilings on the main level, complemented by a 124sf balcony off the kitchen & eating area-perfect for entertaining or relaxing outdoors. Upstairs, you´ll find two generously sized bedrooms offering comfort & privacy. Set in a quiet & private complex, yet conveniently located just minutes from Metrotown Shopping Centre, Crystal Mall, SkyTrain, Bonsor Community Centre, & Deer Lake Park. School catchments: Marlborough Elementary & Burnaby South Secondary. 1 parking stall included.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,000 sq ft
- Parking
- 1
- Year built
- 2004
- Property tax
- $2,471 / yr
- Strata fee
- $374 / mo ($0.37 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 65
- MLS®
- R3152777
Features
- Central location
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,795/mo
Mortgage $3,215 · Tax $206 · 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
- $2,325/mo
- After all costs
- −$1,831/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $3,215 · tax $206 · strata $374 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Central Park/Metrotown, 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 Marlborough Elementaryhomes in this catchment
800 m away · 6060 Marlborough Ave, Burnaby · 604-296-9021
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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