1005 2088 Madison Ave, Burnaby, BC, MLS® R3069011

$799,000
Est. Mortgage /mo

$799,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 453.99 Maint. Fee
1022 sqft
2004 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1005 2088 Madison Ave, Burnaby, BC | MLS® R3069011 Property Details

NW corner unit with mountain and city views. 2 non-adjacent bedrooms & 2 full baths in open concept living space. The covered large balcony is perfect for entertaining. Amenities include visitor parking (EVC possible), a party room, exercise room, bike room, hot tub, wet & dry sauna, and a private and beautiful garden, all maintained by a proactive strata. AC allowed, and major exterior improvement completed. Steps to the Amazing Brentwood Shopping Mall, Skytrain & Public Transit, walking distance to Costco & Home Depot, restaurants, retails, SFU/BCIT & easy access to Highway No.1.

General Info

Price $799,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1022
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2004
Age Of Building 21
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3069011
Area Burnaby North
Neighbourhood Brentwood Park
City Burnaby
Gross Taxes $2,297.6
Ownership Type Freehold Strata
Maintenance Fee $453.99
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal

Heating & Cooling

Fireplace 1
Heating Type Electric, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Guest, Front Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning CD
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description DOWNTOWN & MOUNTAINS
Units In Development 182
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status Date Price
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Listed by: Panda Luxury Homes

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.

Neighborhood Info

Public Schools

Elementary
Kitchener Elementary School
Average
0.88 km
6.9/10
Secondary
Alpha Secondary School
1.32 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
1.32 km
10/10
Excellent
Secondary
Whytecliff Agile Learning Centre (Burnaby)
1.75 km

Closest Transit

Bus Stop
Eastbound Lougheed Hwy @ Madison Ave
0.05 km
Skytrain
Skytrain @ Brentwood Stn
0.39 km

Noise/ Power Lines

Road/Hwy Noise
Possible
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
Possible

Welcome to 1005 2088 Madison Avenue, a beautiful property located in the heart of Burnaby, BC, listed with MLS® R3069011. As your trusted realtor, I'm excited to share with you the amazing features of this community, from its excellent schools to its safe and vibrant lifestyle.

First, let's talk about education. This home is serviced by Kitchener Elementary School, a highly-rated institution with a 6.9/10 rating, just 0.88 km away. The property is also close to Alpha Secondary School, located 1.32 km from this home, with Alpha Secondary School having a No Rating. If you're looking for a private school option, Holy Cross Elementary School, with a stellar 10/10 rating, is just 1.32 km away, while Whytecliff Agile Learning Centre (Burnaby), a secondary independent school, is 1.75 km from this home with No Rating.

Now, let's discuss safety. The latest crime data from Statistics Canada, released in 2020, shows that the neighbourhood surrounding 1005 2088 Madison Avenue, Burnaby, BC has a Below Average crime rate, with 6,145.56 incidents per 100,000 population. Compared to other Canadian cities, this is a reassuring statistic. Moreover, the year-by-year change in the total crime rate is a notable -11.13%. When it comes to specific types of crime, the area surrounding MLS® R3069011 has a Below Average drug crime rate, with 126.78 incidents per 100,000 population, and a -2.35% year-by-year change.

In terms of property crimes, the neighbourhood has an Average rating, with 3,691.76 incidents per 100,000 population, and a -17.54% year-by-year change. Violent crime rates are Low, with 893.28 incidents per 100,000 population, and a -5.51% year-by-year change.

As for transportation, the closest bus station is Eastbound Lougheed Hwy @ Madison Ave, just 0.05 km away from this property with MLS® R3069011.

Now, let's dive into the demographics of this wonderful community. With 36.7% of residents holding a university certificate or degree, this neighbourhood is considered High compared to other BC neighbourhoods. On the other hand, 9.5% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this home is $69,646, which is Average compared to the British Columbia average. The median personal income is $36,313, also Average compared to the BC average. Moreover, 60% of households in this area have a mortgage, which is Average.

Unemployment rates in this area are Below Average, with 6.3% compared to other province neighbourhoods. The population growth between 2011 and 2016 was 20.5%, which is High compared to the average growth rate of this region.

The population density per square kilometre in this community is 4,093.6, which is High. Average family size is 2.6, which is Low compared to the whole region. The percentage of families with children is 49.7%, which is Below Average. However, the average age of the population is 42.1, which is Average in comparison to other BC cities.

One of the most exciting features of this community is its proximity to amenities. The average value of dwellings in this neighbourhood is $709,307, which is High compared to other areas in British Columbia. Average owner payments are Above Average, with $1,445 spent on average for the dwelling. Tenants are paying $1,475 in this district, which is High compared to other cities.

Lastly, 27.1% of the population in this district are renters, which is Average compared to other BC cities and areas. The percentage of English and French speakers is 4.8%, which is Below Average, while the percentage of English speakers only is 89.9%, which is Average. The percentage of neither English nor French speakers is 5.3%, which is High compared to other BC cities.

In terms of transportation, 26.5% of the population in this area use public transport, which is High. 65.4% use cars, which is Low, while 1.1% use bicycles, and 5.9% walk, which is Above Average.

In conclusion, 1005 2088 Madison Avenue, Burnaby, BC, listed with MLS® R3069011, is a fantastic property that offers a safe, vibrant, and convenient lifestyle. With its excellent schools, low crime rate, and proximity to amenities, this home is perfect for

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $799,000
Burnaby $770,626
Brentwood Park $763,800
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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