10.0% price reduction
1005 2088 Madison Ave, Burnaby, BC
$799,000
Est. Mortgage /mo
MLS# R3069011 · The Fresco
2
Beds
2
Baths
1022
sqft
782
$
/sqft
453.99
$
Maint. fee
2004
built
Property Details & Specs
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.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12'5 x 12'5 ft |
| Main Level | Kitchen | 12'5 x 12'5 ft |
| Main Level | Dining Room | 12'5 x 12'5 ft |
| Main Level | Primary Bedroom | 14'1 x 14'1 ft |
| Main Level | Bedroom | 13'5 x 13'5 ft |
| Main Level | Foyer | 8'8 x 8'8 ft |
| Main Level | Other | 12'4 x 12'4 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #3 |
| Main Level | No | #3 |
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 & Transit Info
Public Schools
- Elementary
- Kitchener Elementary School
- Average
- 0.88 km
- 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
- Above Average
- 1.32 km
- 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
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
- 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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$191
Maintenance fee
0
Financing 80% of the $799,000 asking price over 30 years at 4% results in approximately $3,697/month in total estimated carrying costs, $191 property tax, $454 maintenance fee.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
This listing generates an estimated $2,905/month in rental income, leaving a -$842/month cashflow at current carrying costs. Investors targeting break-even would need roughly 43% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$799,000
Burnaby
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Brentwood Park
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17 comparable Apartment/Condos are currently active in Brentwood Park, with a median asking price of $827,863. This property is listed 3.5% below the local average and 0% below the Burnaby 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
Listing Price Comparision
This house
$1,400,000
Surrey
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
Property FAQs
What are the closest top-rated schools to 1005 2088 Madison Avenue, Burnaby, BC?
The closest top-rated schools are Kitchener Elementary School and Alpha Secondary School.
Is 1005 2088 Madison Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 1005 2088 Madison Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $4,794.
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