10.0% price reduction
305 2088 Madison Ave, Burnaby, BC
$689,000
Est. Mortgage /mo
MLS# R3086008
1
Beds
1
Baths
800
sqft
861
$
/sqft
352
$
Maint. fee
2005
built
Property Details & Specs
Fresco @ Renaissance Towers by BOSA offers a bright, spacious & well-designed open-concept layout with northwest exposure & expansive windows that provide excellent natural light. Updated with newer flooring, fresh paint & select upgraded appliances, the functional kitchen features a movable island and flows seamlessly into the living & dining areas. This well-managed building provides exceptional amenities, including a fully equipped gym, hot tub, sauna, steam room, recreation lounge & party room. Ideally located within walking distance to Brentwood, SkyTrain stations, shopping, restaurants, and parks, with convenient access to Downtown Vancouver. Includes one parking stall & one storage locker. Excellent opportunity for both homeowners & investors. Open house on Feb. 22, 2-4pm.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 15'7 x 15'7 ft |
| Main Level | Dining Room | 8'9 x 8'9 ft |
| Main Level | Bedroom | 13'4 x 13'4 ft |
| Main Level | Foyer | 5'7 x 5'7 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: RE/MAX Crest Realty
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
$143
Maintenance fee
0
Financing 80% of the $689,000 asking price over 30 years at 4% results in approximately $3,127/month in total estimated carrying costs, $143 property tax, $352 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 $2,574/month in rental income, leaving a -$609/month cashflow at current carrying costs. Investors targeting break-even would need roughly 39% 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
$689,000
Burnaby
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Brentwood Park
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11 comparable Apartment/Condos are currently active in Brentwood Park, with a median asking price of $651,689. This property is listed 5.7% above the local average and 8.2% above 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 305 2088 Madison Avenue, Burnaby, BC?
The closest top-rated schools are Kitchener Elementary School and Alpha Secondary School.
Is 305 2088 Madison Avenue, Burnaby, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 305 2088 Madison Avenue, Burnaby, BC?
With a standard down payment, the estimated monthly mortgage is approximately $4,134.
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