$514,900

502 2345 MADISON AVENUE

Burnaby BC V5C 0B4 - Brentwood Park
1 bd
1 ba
643 sqft
Built 2007

About This Property

Unobstructed south-facing city view! Bright, open unit in the well-managed OMA1 building — minutes to Gilmore SkyTrain, Save-On-Foods and local shops. Previously rented; recent updates include a newer fridge, kitchen faucet, fresh paint and a new entry door. Spacious master bedroom. Pay-to-use secured EV chargers in ground-floor visitor parking, plus…

Features

Elevator
Storage
Balcony
Underground
Guest
Room measurements6 rooms
KitchenMain · 8'9 × 7'9
DenMain · 4'1 × 7'7
Eating AreaMain · 9'7 × 10'1
Living RoomMain · 9'8 × 10'4
FoyerMain · 9'11 × 5'5
Primary BedroomMain · 9'7 × 11'8

Property Details

MLS NumberR3111895
Property TypeApartment/Condo
Bedrooms1
Bathrooms1
Square Feet643
Year Built2007
Parking Spaces1
HeatingBaseboard, Electric
Strata Fee$385/mo
Days on Market139
StatusActive
Listed ByMedallion International Realty Ltd.

School Catchment

Elementary Kitchener
Secondary Alpha

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$800,000Median home value
$88,000Median household income
67.2%Owner-occupied
7.4%Single-detached homes
2Avg household size
37.2Median age
52.9%Bachelor's degree or higher (25-64)
56.8%Commute under 30 min
75.5%Drive to work
46.1%Foreign-born residents
12,063Neighbourhood population

Age

Under 15: 10.7%15 to 64: 74.4%65 and over: 14.9%
  • Under 1510.7%
  • 15 to 6474.4%
  • 65 and over14.9%

Household size

  • 1 person36.2%
  • 239.5%
  • 313.8%
  • 47.7%
  • 5 or more2.8%

Language spoken at home

40.2% English mother tongue

  • Cantonese13.1%
  • Mandarin7.7%
  • Korean5.9%
  • English + other5.1%
  • Farsi3.4%
  • Italian2.4%
  • All others22.2%

Mother tongue, share of 12,065 residents.

How this pocket differs

  • notably fewer 5+ person households than Brentwood Park 2.8% vs 4.3%
  • more Farsi speakers than Brentwood Park 3.4% vs 2.7%
  • more Korean speakers than Brentwood Park 5.9% vs 4.9%
  • Median dwelling value is lower than Metro Vancouver $800,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $2,922
Mortgage payment$2,349
Strata fee$385
Property tax$143
Home insurance$45
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 27

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