502 2345 Madison Ave, Burnaby, BC | MLS^® R2990372 Property Details

Out of country Seller, please allow at least 48 hours for documentation reviewing time. Probate copy herewith in Realtor's Doc. 6 pay secured EV parking stalls at ground floor visitor parking.

General Info

Price $585,000

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 643

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2007

Age Of Building 18

Building Type Apartment/Condo

Property Type Residential

Architecture Style Other

Stories 1

Building Amenities Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R2990372

Area Burnaby North

Neighbourhood Brentwood Park

City Burnaby

Gross Taxes $1,742

Ownership Type Freehold Strata

Maintenance Fee $385.54

Amenities Nearby Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal

Fixtures Included -

Heating & Cooling

Fireplace 1

Heating Type Baseboard, Electric

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

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Pet Restrictions Yes With Restrictions

Rental Restrictions -

Zoning RM3

Rental Suites -

Laundry In Unit

# of Kitchens 1

Foundation Concrete Perimeter

Interior Features Elevator

Locker -

View -

View Description -

Units In Development -

Exterior Features Garden, Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Den	7'7 x 7'7 ft
Main Level	Kitchen	7'9 x 7'9 ft
Main Level	Dining Room	10'1 x 10'1 ft
Main Level	Living Room	10'4 x 10'4 ft
Main Level	Primary Bedroom	11'8 x 11'8 ft
Main Level	Foyer	5'5 x 5'5 ft

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.

Neighborhood Info

Public Schools

Elementary

Kitchener Elementary School

Average

1.09 km

6.9/10

Secondary

Alpha Secondary School

1.71 km

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

Private Schools

Elementary

Vancouver Christian School

1.57 km

9.8/10

Excellent

Secondary

Whytecliff Agile Learning Centre (Burnaby)

1.37 km

Closest Transit

Bus Stop

Southbound Gilmore Ave @ Henning Dr

0.27 km

Skytrain

Skytrain @ Gilmore Stn

0.31 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

Unlikely

Welcome to 502 2345 Madison Avenue, a stunning property in the heart of Burnaby, BC!

As we step into this beautiful home, you'll notice its prime location near top-rated schools, making it an ideal choice for families. Let's start with the educational institutions that serve this community.

Schools

Just down the road from 502 2345 Madison Avenue, you'll find Kitchener Elementary School, rated 6.9/10. This school is just a short 1.09 km away, making it easily accessible for your daily commute. Kitchener Elementary School is a great choice for families, providing a well-rounded education in a supportive environment.

In addition to Kitchener Elementary, this area is also served by Alpha Secondary School, located 1.71 km away. While Alpha Secondary School doesn't have a publicly available rating, it's a well-respected institution in the community.

For families seeking an independent education, there are excellent options nearby. Vancouver Christian School, rated 9.8/10, is just 1.57 km away, offering a unique and nurturing environment for students.

Crime

According to the latest crime statistics from Statistics Canada (2020), this neighborhood has a below-average crime rate, with 6,145.56 incidents per 100,000 population. This is a testament to the community's strong sense of safety and security.

Breaking down the crime statistics, we see that drug-related offenses are also below average, with a rating of 126.78. This is a positive indicator of the area's low crime rate.

Demographics

The demographics of this community are fascinating. With 36.7% of residents holding a university certificate or degree, this neighborhood is home to a highly educated population. In contrast, only 9.5% of residents have no certificate or degree, which is lower than the average in BC.

The median household income in this area is $69,646, which is average compared to other neighborhoods in British Columbia. Additionally, the median personal income is $36,313, also average for the region.

Transit

Convenience is key when it comes to transportation. The nearest bus stop, Southbound Gilmore Ave @ Henning Dr, is just 0.27 km away from 502 2345 Madison Avenue. This makes it easy to get around without a car.

Lifestyle Amenities

This property is surrounded by a variety of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. With so much to offer, you'll never be far from the action.

Real Estate Context

The average dwelling value in this neighborhood is $709,307, which is higher than average for British Columbia. Additionally, the average owner payments are above average, with owners spending $1,445 on average for their dwellings. Tenants also pay a premium, with an average rent of $1,475.

Community

This community is a vibrant and diverse neighborhood, with 27.1% of residents renting and 72.9% owning their homes. The population density is high, with 4,093.6 people per square kilometer.

Unemployment Rates

The unemployment rate in this area is 6.3%, which is below average for the province. This indicates a strong and stable economy.

Population Growth

The population growth in this community has been significant, with a 20.5% increase between 2011 and 2016. This is higher than the average growth rate for the region.

Transportation

The majority of residents in this area use public transportation (26.5%), while others use cars (65.4%). A small but growing number of residents are using bicycles (1.1%), and an increasing number are walking (5.9%).

Language

The language spoken at home is predominantly English, with 89.9% of residents speaking only English. However, there are also a significant number of residents who speak neither English nor French (5.3%).

In conclusion, 502 2345 Madison Avenue is a fantastic property in a desirable neighborhood. With its proximity to top-rated schools, below-average crime rate, and high level of community engagement, this property is an excellent choice for families and individuals alike.

Property Details

MLS^®: R2990372

Address: 502 2345 Madison Avenue, Burnaby, BC

Neighborhood: Brentwood Park

Property Type: Residential

Price: [Insert Price]

Contact me today to schedule a viewing and make this property your home!