Property Type: TownhouseOwnership: StrataNEW LISTING

TH5 2088 MADISON AVENUE

Burnaby, BC V5C6T5

$1,358,000

3 bed3 bath2 parking1,729 sqftBuilt 2005
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Amenities

Gym

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$747/mo
Annual property tax
$3,807.19 (2025)

Interior

Heating
Baseboard heaters, Electric, Natural gas
Fireplace
None
Appliances
All, Refrigerator

Exterior & Lot

View
View
Lot features
Elevator

Building

Security
Smoke Detectors, Sprinkler System-Fire
Parcel ID (PID)
026-285-860

Parking

Total spaces
2 — uncovered indicated
Features
Underground

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®
R3159494
Listed
August 27, 2026
Time on market
On the market for 4 days
Tax assessment year
2025
Data last synced
September 1, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Rare Brentwood Beauty! Best in Location! Show-Home Worthy! This solid BOSA-built concrete townhome offers energy efficiency, durability & quality construction! Spacious; bright, move-in ready. Tasteful & thoughtful updates throughout, every detail was inspired with your comfort in mind. The spacious principal rooms were designed for easy living (including a king-size primary bedroom). Enjoy a large kitchen with ample storage, an induction cook-top, stainless steel "house-sized" appliances, gorgeous wide-plank engineered hardwood and a cozy gas fireplace+++ This corner unit offers an abundance of light & "park like" views of nature & greenery, providing a calm, relaxed living environment. The "cherry on top" is the expansive roof top terrace (356 sq ft), ideal for gardeners, entertaining and a children´s play area. Its proximity to skytrain, shopping, dining & entertainment make this townhome a MUST SEE! Incl. 2 s/s parking stalls + 1 storage locker. (id:63159)

Values & Trends

This listing

$785/sqft

Building average

$686/sqft

1 active listing(s)

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

74

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 ProgramElementary593 m
Kitchener ElementaryElementary919 m
Brentwood Park ElementaryElementary1.2 km
Alpha SecondarySecondary1.3 km
Holy Cross Elementary School(Independent)Elementary1.3 km
Thunderbird šxʷəxʷaʔəs ElementaryElementary1.7 km
Fawkes Academy(Independent)K-121.7 km
Whytecliff Agile Learning Centre-Burnaby(Independent)Secondary1.8 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
Eastbound Lougheed Hwy @ Madison Ave31 m
Westbound Lougheed Hwy @ Madison Ave97 m
Brentwood Station @ Bay 7362 m
Eastbound Lougheed Hwy @ Gilmore Ave379 m
Brentwood Station @ Bay 6397 m

Nearby Places

Restaurants (5+)

  • Sushi Garden · 4269 Lougheed Highway102 m
  • Joey · 1899 Rosser Avenue140 m
  • Hungry Tiger Grill Kitchen · 1901 Rosser Avenue163 m
  • Kokoro Tokyo Mazesoba · 1901 Rosser Avenue169 m
  • Cactus Club Cafe · 4219B Lougheed Highway192 m

Cafes (5+)

  • La Fleur d’Oranger Patisserie · 4325 Dawson Street166 m
  • Cuppajoe Coffee Roasters · Rosser Avenue182 m
  • Starbucks · 4415 Skyline Drive255 m
  • Tim Hortons · 4191 Lougheed Highway291 m
  • CoCo Fresh Tea & Juice · 4461 Lougheed Highway295 m

Grocery (3)

  • Save-On-Foods90 m
  • Whole Foods Market · 4420 Lougheed Highway232 m
  • 大統華 T&T Supermarket · 4112 Lougheed Highway350 m

Parks (4)

  • Jim Lorimer Park · 2338 Gilmore Avenue505 m
  • Unnamed656 m
  • Willingdon Heights Park700 m
  • Unnamed755 m

Shopping (5+)

  • Winners · 1899 Rosser Avenue111 m
  • Madison Centre · 4399 Lougheed Highway128 m
  • The Amazing Brentwood Shopping Centre · 4567 Lougheed Highway620 m
  • Brentwood Town Centre638 m
  • Unnamed662 m

Gyms (5+)

  • Spinco133 m
  • 30 Minute Hit · 1801 Rosser Avenue250 m
  • Club 16 Trevor Linden Fitness · Lougheed Highway284 m
  • Happy Gilmore Golf Lounge · 4172 Lougheed Highway330 m
  • Club Pilates · 4112 Lougheed Highway383 m

Pharmacies (4)

  • Brentwood Pharmacy · 4451 Lougheed Highway264 m
  • Dawson Pharmacy · 4218 Dawson Street283 m
  • Shoppers Drug Mart · 4460 Lougheed Highway285 m
  • London Drugs · 1920 Willingdon Avenue461 m

Banks & ATMs (5+)

  • Gulf and Fraser · 4465 Skyline Drive304 m
  • TD · 1933 Willingdon Avenue365 m
  • RBC Royal Bank · 4501 Lougheed Highway418 m
  • TD · 4525 Willingdon Avenue420 m
  • BDC489 m

Nearby places data: © OpenStreetMap contributors.

School district: Burnaby (SD41)

Other Listings in This Building

Other units currently listed in the same building. TH5 2088 MADISON AVENUE

View building profile →
Built 2005

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($110,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,086,400.00
Periodic payment — Principal & Interest (monthly)$7,009.08
Additional monthly expenses (strata, tax, utilities, etc.)$1,150.15
Total monthly cost$8,159.23
Interest paid over 5-yr term$311,365.36
Balance at end of term$977,220.31

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$110,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,590.53

Cash Needed at Closing

Minimum down payment$110,800
Estimated BC PTT$25,160
Legal / closing costs (typical estimate)$1,500
Total cash needed$137,460

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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