502 2345 Madison Ave, Burnaby BC - Apartment/Condo for Sale - MLS# R3111895

144 days on the market
$514,900
Est. Mortgage $2,278/mo
Listing updated:
EstateBlock checked:
1 Beds
1 Baths
643 sqft
801 $ /sqft
385 $ Maint. fee
2007 built
144 days on the market
$514,900
Est. $2,278/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 502 2345 Madison Avenue

Unobstructed south-facing city view! Bright, open unit in the well-managed OMA1 building — minutes to Gilmore SkyTrain, Save-On-Foods and local shops. Previously rented; recent updates include a newer fridge, kitchen faucet, fresh paint and a new entry door. Spacious master bedroom. Pay-to-use secured EV chargers in ground-floor visitor parking, plus additional open visitor stalls. Dog-walking trail directly in front of the building. Easy to show; quick closing possible. Form B & Strata Docs are in Associate Docs.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator, Storage
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Structures Multi Family, Residential Attached

Building Details

Price $514,900
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 643
Year Built 2007
Age Of Building 19
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Maintenance Grounds, Management, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $385
Amenities Nearby Bike Room, Exercise Centre, Sauna/Steam Room, Caretaker, Maintenance Grounds, Management, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest
Total Parking Spaces 1
Strata Restrictions Rentals Allwd w/Restrctns

Lot & Land

Lot Size Depth Feet
MLS® # R3111895
Area Burnaby North
Neighbourhood Brentwood Park
City Burnaby
Postal Code V5C 0B4
Gross Taxes $1,711
Zoning RM3

Property Timeline

Status Date Price
R3111895 / Active 04-15-2026 $514,900
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Kitchen 7'9 x 7'9 ft
Main Level Den 7'7 x 7'7 ft
Main Level Eating Area 10'1 x 10'1 ft
Main Level Living Room 10'4 x 10'4 ft
Main Level Foyer 5'5 x 5'5 ft
Main Level Primary Bedroom 11'8 x 11'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Medallion International Realty Ltd.

NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Kitchener Elementary School
Average 1.1 km 6.8/10

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

Private Schools

Elementary
Vancouver Christian School
Above Average 1.55 km 9.1/10
Secondary
Whytecliff Agile Learning Centre-Burnaby
Above Average 1.35 km 10/10

Closest Transit

Bus Stop
Southbound Gilmore Ave @ Henning Dr
0.27 km
Skytrain
Skytrain @ Gilmore Stn
0.31 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average 36.7%
No Certificate/Degree
Below Average 9.5%
Owner Occupied
Below Average 60%
Employment Rate
Below Average 49.7%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Possible
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

54 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $511,811
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
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
144 DOM
Slower than area
Brentwood Park avg
43 DOM
Average
Burnaby avg
43 DOM
Faster market

502 2345 Madison Avenue has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 0.6% above comparable active properties in Brentwood Park. The local market is currently a Balanced Market with a sales-to-active ratio of 15.2% and an area average of 43 days on market — conditions are balanced. With only 553 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5C 0B4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5C 0B4, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.3 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: North Vancouver Second Narrows, North Vancouver (~4.3 km). Annual avg AQHI 1.9 — Low Risk.

Heat Moderate

Burnaby currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.4 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1393 mm (1981–2010 baseline), projected ~1445 mm by the 2050s. Extreme 1-day rainfall: ~47.8 mm baseline, ~53.3 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (68 nearby)

  • Joy sushi · 160 m · Restaurant
  • Papa john's · 162 m · Fast Food
  • Quiznos · 164 m · Fast Food

Shopping (47 nearby)

  • Dawson pharmacy · 156 m · Pharmacy
  • Face 2 feet · 156 m · Beauty Shop
  • Cocoa tanning studio · 187 m · Beauty Shop

Cafes (16 nearby)

  • Xing fu tang · 156 m · Cafe
  • Sun tea · 277 m · Cafe
  • La fleur d’oranger patisserie · 296 m · Cafe

Groceries (10 nearby)

  • Express news & smokes · 166 m · Convenience
  • 大統華 t&t supermarket · 267 m · Supermarket
  • Unique bakery · 300 m · Bakery

Healthcare (5 nearby)

  • Dawson pharmacy · 156 m · Healthcare
  • Shoppers drug mart · 609 m · Healthcare
  • Brentwood pharmacy · 628 m · Healthcare

Transit (3 nearby)

  • Skytrain @ gilmore stn station · 312 m · Transit
  • Skytrain @ brentwood stn station · 724 m · Transit
  • Bus stop westbound lougheed hwy @ beta ave · 991 m · Transit

Schools NearBy

35 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Kitchener Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.8 / 10

Distance

1.10 KM

Whytecliff Agile Learning Centre-Burnaby

Independent

Grades Served

Catchment Info

10.0 / 10

Distance

1.35 KM

Vancouver Christian School

Independent

Grades Served

K-6

Catchment Info

9.1 / 10

Distance

1.55 KM

Vancouver Christian

Independent

Grades Served

Catchment Info

9.1 / 10

Distance

1.56 KM

Brentwood Park Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

1.62 KM

Holy Cross School

Independent

Grades Served

Catchment Info

7.1 / 10

Distance

1.68 KM

Holy Cross Elementary School

Independent

Grades Served

K-7

Catchment Info

10.0 / 10

Distance

1.68 KM

Alpha Secondary

Public

Grades Served

Catchment Info

7.0 / 10

Distance

1.79 KM

Cascade Heights Elementary

Public

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

2.03 KM

Renfrew Community Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

2.05 KM

Fawkes Academy DL

Independent

Grades Served

Catchment Info

9.5 / 10

Distance

2.08 KM

Fawkes Academy

Independent

Grades Served

Catchment Info

0

Distance

2.16 KM

Moscrop Secondary School

Public

Grades Served

8-12

Catchment Info

7.4 / 10

Distance

2.23 KM

Rosser Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

2.28 KM

Coquitlam College - Brookmere Secondary

Independent

Grades Served

Catchment Info

0

Distance

2.36 KM

Gilmore Community Elementary School

Public

Grades Served

K-7

Catchment Info

7.5 / 10

Distance

2.38 KM

St.Jude's School

Independent

Grades Served

K-7

Catchment Info

9.8 / 10

Distance

2.39 KM

Sir John Franklin Community School

Public

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

2.44 KM

Nootka Community Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.46 KM

Norval-Morrisseau

Public

Grades Served

Catchment Info

0

Distance

2.48 KM

Confederation Park Elementary School

Public

Grades Served

K-7

Catchment Info

5.4 / 10

Distance

2.51 KM

Graham Bruce Community Elementary School

Public

Grades Served

K-7

Catchment Info

6.1 / 10

Distance

2.52 KM

Windermere Community Secondary School

Public

Grades Served

8-12

Catchment Info

6.3 / 10

Distance

2.58 KM

Parkcrest Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.60 KM

Douglas Road Elementary

Public

Grades Served

Catchment Info

6.2 / 10

Distance

2.64 KM

École Inman Elementary

Public

Grades Served

K-7

Catchment Info

6.8 / 10

Distance

2.70 KM

Dr. A. R. Lord Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

2.77 KM

Sir Wilfred Grenfell Community School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

2.77 KM

Aubrey Elementary School

Public

Grades Served

K-7

Catchment Info

7.7 / 10

Distance

2.78 KM

Sir Wilfred Grenfell Community

Public

Grades Served

Catchment Info

6.0 / 10

Distance

2.79 KM

Notre Dame Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

7.8 / 10

Distance

2.85 KM

Gilpin Elementary School

Public

Grades Served

K-7

Catchment Info

7.1 / 10

Distance

2.91 KM

Vancouver Technical Secondary

Public

Grades Served

Catchment Info

7.1 / 10

Distance

2.92 KM

Chief Maquinna Elementary School

Public

Grades Served

K-7

Catchment Info

7.5 / 10

Distance

2.93 KM

Westside Montessori Academy

Independent

Grades Served

K-7

Catchment Info

9.1 / 10

Distance

2.93 KM

Pre-computed routes from 502 2345 Madison Ave, Burnaby, BC

By transit (Skytrain)

  • Downtown Vancouver via Gilmore → Waterfront
    23 min
  • Metrotown, Burnaby via Gilmore → Metrotown
    23 min
  • SFU Burnaby via Gilmore → Production Way
    16 min
  • Richmond Centre via Gilmore → Brighouse
    48 min
  • YVR Airport via Gilmore → YVR-Airport
    49 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    9 min
  • Metrotown, Burnaby via Lougheed Hwy
    5 min
  • SFU Burnaby via Gaglardi Way
    8 min
  • Richmond Centre via No. 3 Rd
    17 min
  • YVR Airport via Bridgeport / Sea Island
    17 min

Calculate your commute

502 2345 Madison Ave, Burnaby, BC is ideally located for commuters. The property is 0.3 km from Gilmore, with a 23 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Gilmore Ave @ Henning Dr (0.27 km). Walk Score Transit rating: Excellent Transit (78/100).

Walkability & Transit Near 502 2345 Madison Avenue

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 78

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
82

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 502 2345 Madison Avenue

/month
Principal & Interest
Property Taxes $143
Maintenance fee 385
A 20% down payment of $102,980 on this $514,900 listing yields an estimated mortgage of $1,967/month (30-year fixed, 4%). Total estimated housing cost: $2,495/month, $143 property tax, $385 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
With $1,877/month in estimated rental income against $2,546/month in mortgage payments, the monthly cashflow is -$669/month. A 48% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 502 2345 Madison Avenue, Burnaby

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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 $514,900
Burnaby Loading...
Brentwood Park Loading...

Based on 29 comparable active apartments/condos in Brentwood Park, the average asking price is $511,767. This listing is priced 0.6% above the neighbourhood average.

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

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Walkability & Transit Near 502 2345 Madison Avenue

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 78

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
82

Bike Score - Very Bikeable

Biking is convenient for most trips

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