402 2188 Madison Ave, Burnaby, BC, MLS® R2939058

$890,000
Est. Mortgage /mo

Closed

$870,000
Closed at 10 Feb 2025
Listing price: $890,000
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
$ 513.85 Maint. Fee
1024 sqft
2018 built
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402 2188 Madison Ave, Burnaby, BC | MLS® R2939058 Property Details

Welcome to Madison & Dawson in prestigious Brentwood District. This expansive 2-bed & 2-bath Northwest corner suite offers 1024 sq ft of exceptional design and functionality. The large living and dining rooms center around a gourmet kitchen with a large island, quartz countertops, gas stove, and stainless steel appliances. The built-in desk work space is tucked away to create a quiet area to study and catch up on emails. Retreat to the oversized covered deck for BBQs and gatherings. Comes with 2 side-by-side parking & 1 locker. Terrace garden, social lounge, fitness center, and guest suite are among the amenities. Explore trendy boutiques, dining, and entertainment venues nearby.

General Info

Price $890,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1024
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2018
Age Of Building 7
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2939058
Area Burnaby North
Neighbourhood Brentwood Park
City Burnaby
Gross Taxes $2,587.76
Ownership Type Freehold Strata
Maintenance Fee $513.85
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace 0
Heating Type Electric

Utilities

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

Parking

Parking Type Underground, Lane Access
Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning APT
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile, Wall/Wall/Mixed
Foundation Concrete Perimeter
Interior Features Guest Suite
Locker -
View Description -
Units In Development -
Exterior Features Playground, Balcony
Sewer Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Oakwyn 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.

Neighborhood Info

Public Schools

Elementary
Kitchener Elementary School
Average
0.98 km
6.9/10
Secondary
Alpha Secondary School
1.45 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
1.41 km
10/10
Excellent
Secondary
Whytecliff Agile Learning Centre (Burnaby)
1.63 km

Closest Transit

Bus Stop
Eastbound Lougheed Hwy @ Madison Ave
0.18 km
Skytrain
Skytrain @ Gilmore Stn
0.41 km

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
Possible

402 2188 Madison Avenue is serviced by Kitchener Elementary School. The property with listing MLS® R2939058 is located 0.98 km from the school. Kitchener Elementary School has a rating of Rating 6.9/10.

This home with address 402 2188 Madison Avenue, Burnaby, BC is also serviced by Alpha Secondary School and located 1.45 km from it. Alpha Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 402 2188 Madison Avenue is Holy Cross Elementary School with School's rating Rating 10/10, located 1.41 km from this home.

The closest to this address 402 2188 Madison Avenue Secondary independent school is Whytecliff Agile Learning Centre (Burnaby) with School's rating No Rating, located 1.63 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 15,851 volation disturbances in this neighbourhood. The overall crime rate near the address - 402 2188 Madison Avenue, Burnaby, BC is 6,145.56. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -11.13%

Drug crime rate next to the listing MLS® R2939058 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 126.78. There were 327 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 2.35%

Property crimes in the neighbourhood close to real estate listing for sale 402 2188 Madison Avenue are Average. Property misconduct rating adjacent to MLS® R2939058 is 3,691.76. There were 9,522 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -17.54%

There were 2,304 violent lawbreaking disorders in 2020. 893.28 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is -5.51%

The closest Bus station is Eastbound Lougheed Hwy @ Madison Ave in 0.18 km away from this listing with - MLS® R2939058.

36.7% of people with university certificate/degree live in this neighbourhood adjacent to the 402 2188 Madison Avenue which is High in comparison with other BC neighbourhoods. 9.5% of population in this neighbourhood that is near the Listing MLS® R2939058 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 402 2188 Madison Avenue, Burnaby, BC is $69646 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2939058 is $36313 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 60% which is Average.

Unemployment rate in the area around Real Estate Listing # R2939058 is 6.3 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 402 2188 Madison Avenue Brentwood Park where population change between 2011 and 2016 was 20.5%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 402 2188 Madison Avenue, Burnaby, BC is 4093.6 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 402 2188 Madison Avenue is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2939058 is 49.7% and it is Below Average. % of Married or living common law is around 55% and it is Below Average.

Average age of the population close to the 402 2188 Madison Avenue is 42.1 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 402 2188 Madison Avenue, Burnaby, BC is $709307 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 402 2188 Madison Avenue. $1445 owners spent in average for the dwelling. Tenants are paying $1475 in this district close to MLS® R2939058 and it is High comparing to other cities.

27.1% of Population in this district near the 402 2188 Madison Avenue are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 402 2188 Madison Avenue, Burnaby, BC is 4.8%, it is Below Average, % of English speakers only is 89.9% and Average. % of Neither English nor French speakers close to home for sale 402 2188 Madison Avenue, Burnaby, BC is 5.3% and it is High comparing to other BC cities.

26.5% of all population in the area around this property with the address 402 2188 Madison Avenue, Burnaby, BC using Public Transport which is High, 65.4% of using population are using Cars around MLS® R2939058, which is Low. 1.1% of people using Bicycles around the 402 2188 Madison Avenue and it is Average. 5.9% of population are walking which is Above Average

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 513.85
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 $890,000
Burnaby $922,241
Brentwood Park $990,072
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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