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Regent Park Realty

2355 Madison Ave., unit 3002, Burnaby, B.C.

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The unit is in a 12-year-old building in Burnaby North.Regent Park Realty

Asking price: $948,000

Selling price: $917,000

Days on market: 120

Taxes: $3,019.63

Maintenance fee: $458.85

Listing agent: Bryan Yan, Regent Park Realty

The action

The unit sold well below the assessed value of $1.036-million. It had originally been priced at $998,000, but was reduced to sell. “The sellers need more space and are moving into a house,” listing agent Bryan Yan said. The buyers plan to live in the unit.

What they got

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The unit features an updated kitchen.Regent Park Realty

The southwest corner unit is large, at 1,165 square feet, because it is in a 12-year-old building.

The three-bedroom sub-penthouse suite is in Burnaby North, with unobstructed mountain and city views. It has two bathrooms, lots of natural light, over-height ceilings, along with new engineered oak floors, updated kitchen and two large balconies. Rentals are allowed.

The agent’s take

Mr. Yan said the biggest selling feature was the unit’s central location, it is close to two SkyTrain stations, Brentwood shopping district, Simon Fraser University and highway access. Brentwood is undergoing massive growth.

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