Property Type: TownhouseOwnership: Strata

7 1203 MADISON AVENUE

Burnaby, BC V5C6R9

$999,000

3 bed3 bath2 parking1,210 sqftBuilt 2000
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$642/mo
Annual property tax
$3,046.24 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

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®
R3151004
Listed
July 29, 2026
Time on market
On the market for 33 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Located on a quiet, garden-lined street, this corner townhome has 1210 sf of functional living space. The open layout features a cozy gas fireplace and seamlessly connects to a renovated, sleek kitchen with quartz countertops, stainless steel appliances, private pantry, & under-cabinet lighting. Your living room sliding glass door leads you outside to a private, south-facing fenced patio with gated entry-perfect for outdoor entertaining and your morning coffees. Upstairs, find 3 bedrooms (two with bench seats), including a serene primary suite with a walk-in closet and ensuite. 2 parking stalls, and storage in a well-run strata. Just steps away from The Amazing Brentwood, SkyTrain, parks, schools, and top restaurants/cafes. Perfect blend of comfort and location. Priced OVER 100K BELOW assessed value. Call today to view! OPEN HOUSE SATURDAY 8/22 1-3PM (id:63159)

Values & Trends

This listing

$826/sqft

Building average

No other active listings in this building

Burnaby average

$741/sqft

177 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.

Townhouse Market Stats — Burnaby

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

MLS® HPI Benchmark Price

$897,400

Jul 2026

Average Sale Price

$889,311

Jul 2026

Monthly Sales

35

Jul 2026

Active Listings

197

Jul 2026

Sales-to-Active Ratio

18.0%

Jul 2026

Median Days to Contract

14 days

Jul 2026

MLS® HPI Benchmark Price

$1,002,100
$815,000
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 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

33

6/9 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
Kitchener ElementaryElementary442 m
Alpha SecondarySecondary717 m
Fawkes Academy(Independent)K-12861 m
Outlook Secondary ProgramElementary1.1 km
Rosser ElementaryElementary1.1 km
Brentwood Park ElementaryElementary1.2 km
Gilmore Community ElementaryElementary1.2 km
St. Helen's(Independent)Elementary1.3 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
Northbound Gilmore Ave @ William St361 m
Southbound Gilmore Ave @ William St368 m
Southbound Gilmore Ave @ Kitchener St417 m
Southbound Willingdon Ave @ William St436 m
Northbound Gilmore Ave @ Parker St444 m

Nearby Places

Restaurants (5+)

  • Chibop · 1805 Rosser Avenue680 m
  • Sushi Yoi · 1815 Rosser Avenue697 m
  • Sushi Garden · 4269 Lougheed Highway750 m
  • The Viet Noodle Guy · 1902 Rosser Avenue754 m
  • Joey · 1899 Rosser Avenue779 m

Cafes (3)

  • Enzo's Café · 1205 Madison Avenue40 m
  • Cuppajoe Coffee Roasters · Rosser Avenue748 m
  • TERAs BEAN · 1899 Willingdon Avenue782 m

Grocery (1)

  • Save-On-Foods752 m

Parks (3)

  • Willingdon Heights Park345 m
  • Willingdon Linear Park525 m
  • West-Sells Park754 m

Shopping (3)

  • Madison Centre · 4399 Lougheed Highway743 m
  • Winners · 1899 Rosser Avenue761 m
  • Unnamed799 m

Gyms (3)

  • 30 Minute Hit · 1801 Rosser Avenue674 m
  • Club 16 Trevor Linden Fitness · Lougheed Highway753 m
  • Spinco770 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,200.00
Periodic payment — Principal & Interest (monthly)$5,156.17
Additional monthly expenses (strata, tax, utilities, etc.)$956.94
Total monthly cost$6,113.11
Interest paid over 5-yr term$229,053.02
Balance at end of term$718,882.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,106.01

Cash Needed at Closing

Minimum down payment$74,900
Estimated BC PTT$17,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,380

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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