Condo
$565,000
2607 2181 MADISON AVENUE
Burnaby1 day on market
MLS® R3173954
1 / 23
2 bed · 1 bath · 1,089 sq ft · 1 parking
Condo · Single Family · built 1982 · 37 days on market
Listed by Angie Sun, Royal Pacific Riverside Realty Ltd.
Realtor's description
Surrounded by lush greenery and just a few steps from the park, this unit offers a fresh, tranquil escape! Gorgeously updated LARGE 2 bedroom and 1 bath CORNER unit. Functional layout with 1089 sqft of spacious living space! Newly updated floorings throughout the unit, Kitchen and Bath Granite countertops, and high end 2-drawer dishwasher. Updated Kitchen with lots of functional cabinets, perfect for storage, and Stainless-steel appliances. Building is located in a serene neighborhood but walkable to popular Brentwood Mall and 2 skytrain stations (Brentwood & Holdom). Fabulous outdoor swimming pool and beautiful courtyard garden. Strata fee includes heat and hot water. 1 Parking and 1 storage locker. Book your private showings today!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 1,089 sq ft
- Parking
- 1
- Year built
- 1982
- Property tax
- $1,711 / yr
- Strata fee
- $490 / mo ($0.45 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 37
- MLS®
- R3160786
Features
- Pets not Allowed
- Rentals Allowed With Restrictions
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$3,025/mo
Mortgage $2,392 · Tax $143 · Strata $490
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
- −$1,119/mo
- Cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $2,392 · tax $143 · strata $490 · insurance ~$35 · 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 Brentwood Park Elementaryhomes in this catchment
700 m away · 1455 Delta Ave, Burnaby · 604-296-9003
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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