1601 2388 Madison Ave, Burnaby BC - Apartment/Condo for Sale - MLS# R3076658

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Listing updated:
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2 Beds
2 Baths
932 sqft
858 $ /sqft
500 $ Maint. fee
2020 built
Closed
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This property sold for
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Listing updated:
EstateBlock checked:

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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
Kitchener Elementary School
Average 1.18 km 6.9/10
Secondary
Alpha Secondary School
1.63 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Holy Cross Elementary School
Above Average 1.51 km 10/10
Secondary
Whytecliff Agile Learning Centre (Burnaby)
1.49 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

43 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $649,039
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How BRENTWOOD PARK compares
This property
97 DOM
Slower than area
Brentwood Park avg
41 DOM
Average
Burnaby avg
41 DOM
Faster market

1601 2388 Madison Avenue has a sell-speed score of 43/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 18.9% above comparable active properties in Brentwood Park. The local market is currently a Balanced Market with a sales-to-active ratio of 12.7% and an area average of 41 days on market — conditions are balanced. With only 551 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Nearby Restaurants, Cafes & Shops

Mortgage Calculator for 1601 2388 Madison Avenue

/month
Principal & Interest
Property Taxes $225
Maintenance fee 500
With a 20% down payment, buyers can expect an estimated $3,780/month in total housing costs on this $799,900 property — $3,055 mortgage payment, $225 property tax, $500 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $2,763/month estimated rent and $3,830/month in total housing costs, this property has a -$1,067/month cashflow. Break-even down payment: approximately 48%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1601 2388 Madison Avenue, Burnaby

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Brentwood Park, Burnaby

Beds Home Types Square Feet Lot Size Year Built
This Home
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Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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