Property Type: Condo / ApartmentOwnership: Strata

608 2388 MADISON AVENUE

Burnaby, BC V5C0K8

$725,000

2 bed2 bath2 parking795 sqftBuilt 2019
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$433/mo
Annual property tax
$2,298.08 (2026)

Interior

Heating
Baseboard heaters
Fireplace
None

Exterior & Lot

Pool
Outdoor pool

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3137130
Listed
June 17, 2026
Time on market
On the market for 75 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: LeHomes Realty Premier · Data source: CREA DDF.

Description

Welcome to "Fulton House" by Polygon, this 2 Bed, 2 Bath unit has 2 Parkings(1 EV ready), 1 regular locker plus 1 bike locker. The kitchen features high-end stainless steel appliances, including a gas cooktop, and a large island for added counter space. 5-minute walk to Gilmore Skytrain station, the future T & T and Brentwood Mall is also just steps away. Amazing 2800 square feet amenities include: Heated Outdoor Swimming Pool, Hot Tub, Sauna, Lounge, Full Gym, Yoga Room, Club House, Children's Play Area, Guest Suite & so much more! Note: The owner installed own EV Parking. Must See to believe!! (id:63159)

Values & Trends

This listing

$912/sqft

Building average

$893/sqft

7 active listing(s)

Burnaby average

$865/sqft

1019 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Burnaby

Monthly figures from the Fraser Valley Real Estate Board for Burnaby apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$704,600

Jul 2026

Average Sale Price

$660,187

Jul 2026

Monthly Sales

170

Jul 2026

Active Listings

1,097

Jul 2026

Sales-to-Active Ratio

16.0%

Jul 2026

Median Days to Contract

30 days

Jul 2026

MLS® HPI Benchmark Price

$805,900
$700,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

249,125

(2021 Census)

+7% since 2016

Density: 2,750.6/km²

Dwellings: 107,046

Median household income: $83,000

After-tax: $73,500

Immigrant population: 50.4%

Top countries of origin (% of total population)

  • China12.4% · 30,860
  • Philippines4.5% · 11,235
  • Hong Kong4.4% · 11,010
  • Taiwan3.1% · 7,750
  • India3% · 7,540
  • Korea, South2.6% · 6,380
  • Viet Nam1.4% · 3,380
  • Iran1.3% · 3,210

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

59

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Outlook Secondary ProgramElementary645 m
Kitchener ElementaryElementary1.2 km
Brentwood Park ElementaryElementary1.4 km
Whytecliff Agile Learning Centre-Burnaby(Independent)Secondary1.5 km
Holy Cross Elementary School(Independent)Elementary1.5 km
Alpha SecondarySecondary1.6 km
Thunderbird šxʷəxʷaʔəs ElementaryElementary1.7 km
Vancouver Christian(Independent)K-121.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Southbound Willingdon Ave @ Still Creek Dr367 m
Southbound Willingdon Ave @ Dawson St381 m
Northbound Willingdon Ave @ Juneau St383 m
Northbound Willingdon Ave @ Still Creek Dr391 m
Eastbound Lougheed Hwy @ Madison Ave395 m

Nearby Places

Restaurants (5+)

  • Joy Sushi · 4248 Dawson Street247 m
  • Claudio's Ristorante · 4402 Skyline Drive375 m
  • Pokerrito · 4152 Dawson Street376 m
  • Ricky's Grill · 4415 Skyline Drive385 m
  • Pho d'lite · 4415 Skyline Drive406 m

Cafes (5+)

  • La Fleur d’Oranger Patisserie · 4325 Dawson Street204 m
  • Xing Fu Tang · 4208 Dawson Street289 m
  • Starbucks · 4415 Skyline Drive415 m
  • The Between Cafe425 m
  • Sun Tea · 4112 Lougheed Highway436 m

Grocery (3)

  • 大統華 T&T Supermarket · 4112 Lougheed Highway424 m
  • Whole Foods Market · 4420 Lougheed Highway443 m
  • Save-On-Foods457 m

Parks (3)

  • Unnamed298 m
  • Jim Lorimer Park · 2338 Gilmore Avenue358 m
  • Unnamed403 m

Shopping (2)

  • Winners · 1899 Rosser Avenue460 m
  • Madison Centre · 4399 Lougheed Highway479 m

Gyms (5+)

  • F45 Training · 2229 Willingdon Avenue370 m
  • Oxygen Yoga & Fitness · 4142 Dawson Street384 m
  • Spinco464 m
  • Happy Gilmore Golf Lounge · 4172 Lougheed Highway490 m
  • Club Pilates · 4112 Lougheed Highway513 m

Pharmacies (5+)

  • Dawson Pharmacy · 4218 Dawson Street273 m
  • Shoppers Drug Mart · 4460 Lougheed Highway465 m
  • Brentwood Pharmacy · 4451 Lougheed Highway504 m
  • London Drugs · 1920 Willingdon Avenue672 m
  • Costco Pharmacy737 m

Banks & ATMs (5+)

  • Gulf and Fraser · 4465 Skyline Drive443 m
  • BDC589 m
  • TD · 1933 Willingdon Avenue596 m
  • RBC Royal Bank · 4501 Lougheed Highway605 m
  • TD · 4525 Willingdon Avenue629 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($47,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$580,000.00
Periodic payment — Principal & Interest (monthly)$3,741.96
Additional monthly expenses (strata, tax, utilities, etc.)$664.07
Total monthly cost$4,406.03
Interest paid over 5-yr term$166,229.67
Balance at end of term$521,711.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$47,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,209.74

Cash Needed at Closing

Minimum down payment$47,500
Estimated BC PTT$12,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$61,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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