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$888,000

3801 2388 Madison Avenue

Brentwood Park, Burnaby, BC, V5C 0K8

2 | 2 | 1 | 926 sq.ft. | Year Built: 2020 |

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Fulton House by Polygon, 2 Bedroom & 2 Bath South East corner unit with PANORAMIC VIEWS; well-appointed kitchen equipped with KitchenAid appliances and a convenient central island, brand new laminate floor and paint; just steps to everything you could want: Skytrain, Brentwood Mall, Restaurants, Shopping, SFU & BCIT; side by side washer & dryer; Amazing amenities include: Heated Outdoor Swimming Pool, Hot Tub, Sauna, Lounge, Full Gym, Yoga Room, Club House, Children's Play Area and much more, excellent condition. Virtually Tour:https://my.matterport.com/show/?m=a6r7yz4QpYK. Open House Nov. 9, 2-4 pm

Property Info

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MLS®: R3064302

Listing Courtesy of Sutton Group-West Coast Realty

Total Bedrooms 2

Total Bathrooms 2

Floor Space 926 sq.ft.

Title Type Freehold Strata

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $888,000

Unit Pricing $959/sq.ft.

Strata Fee $500.69

Tax Estimate $2,870/Year

Year Built 2020

Interior Features

Rooms

More Details

Storey 1

Floor Space Finished 926.00 sq.ft.

Rules Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Roof XXXXXXXX

Zoning RM4S

Floor Finish XXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Parking Garage Under Building, Front Access

Parking Cover 1

Parking Total 1

Fuel Heating Electric

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Burnaby North
Street Name: Madison
City: Burnaby
State Or Province: BC
Postal Code: V5C 0K8
Property Type: Residential
Property Sub Type: Apartment/Condo

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 2

Interior Features

Flooring: Laminate, Tile
Basement: None
Interior Features: Elevator

Exterior Features

Exterior Features: Balcony
Roof: Torch-On
Pool Features: Outdoor Pool

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2020
Building Area Total: 926
Living Area: 926

Lot Information

Lot Features: Central Location, Cul-De-Sac, Private, Recreation Nearby
Parcel Number: 030969565

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City Introduction

Overview of Burnaby, BC, Canada

Population

Burnaby is the third-largest city in British Columbia, with a population of approximately 274,000 (2024). The population density is 2,750.7 people per square kilometer. Burnaby is a multicultural city, with about 64% of residents belonging to visible minorities, including a significant Chinese community (34%). Additionally, around 56% of residents speak a primary language other than English, reflecting its cultural diversity.

Economy

Key Industries: High-tech, film production, retail, and education. Burnaby is home to several high-tech parks and film studios, making it a key economic hub in Western Canada.
Commercial Centers: Metrotown is the second-largest shopping center in Western Canada, attracting both consumers and investors.
Educational Resources: Burnaby hosts Simon Fraser University (SFU) and the British Columbia Institute of Technology (BCIT), providing a highly skilled workforce and fostering innovation.

Living Features

Natural Environment: Burnaby boasts abundant natural landscapes, including Burnaby Lake, Deer Lake, and numerous community parks, ideal for outdoor activities.
Transportation: Burnaby is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Burnaby's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.5 million CAD and condos around $700,000 CAD (2024).

Opportunities:

Stable rental market: Burnaby's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects (e.g., SkyTrain expansion) support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Burnaby is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Deer Lake and Metrotown, while properties near SkyTrain stations are attractive for investors.

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