The Madison
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Buildings›Forest Glen BS›The Madison
223 Units20 StoreysBuilt 1994CONCRETE2 Active

The Madison — 4689 HAZEL STREET, Forest Glen BS, Burnaby, BC

A 20-storey concrete highrise with 223 suites in Burnaby's Forest Glen neighbourhood
Avg Sold Price
$578K
Avg $/sq ft
$240,147
Avg Days on Market
48d
Sold Price Trend
3 recorded sales, $505K (2026-01) → $719K (2026-07) +42.4%

Homes For Sale (2)

ListedUnit / AddressBedsBathsPriceTier$/sqftSqftDOMStrata FeeTaxListed By
Oct 9, 26201 4689 HAZEL STREET22$690,000Lowest$6721,02714d$399/mo$2,302/yrRA Realty Alliance I…
Mar 3, 261101 4657 HAZEL STREET22$749,999Top-Tier$7251,034234d$402/mo$2,335/yrSutton Group - 1st W…
Median (2 units)$720,000$6991,031124d$401/mo$2,318/yr

Sold History at The Madison

2 units have sold at The Madison in the past 6 months, with an average sale price of $578,000 ($240,147/sq ft).

DateUnit / AddressBedsBathsvs AskingSold Price$/sqftSqftDOMStrata FeeTaxListed By
Jul 24, 261101 4689 HAZEL STREET22—1,02788d$399/mo$1,762/yrRoyal Pacific Realty…
Jun 4, 261302 4689 HAZEL STREET11—70152d$266/mo$1,674/yrRoyal Pacific Tri-Ci…
Jan 31, 261505 4689 HAZEL STREET11—7083d$265/mo$1,680/yrSelmak Realty Limite…
Median (3 units)———70852d$266/mo$1,680/yr
Market Summary

There are currently 2 active homes for sale at The Madison at 4689 HAZEL STREET, ranging from $690K to $750K. Recent sold units have averaged $578K, selling in about 48 days on average (≈$240,147/sq ft). The Madison is a concrete building of 223 units built in 1994 located in Forest Glen BS.

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Building Details

Address4689 HAZEL STREET, Burnaby
Total Units223
Units in Strata223
Storeys20
Year Built1994
ConstructionCONCRETE
Strata PlanLMS851
Pet PolicyNo pets permitted

About This Building

The Madison is a 20-storey concrete highrise strata building located at 4689 Hazel Street in Burnaby's Forest Glen BS neighbourhood. Built in 1994, the building contains 223 suites and is registered under Strata Plan LMS851. Suites come with in-suite laundry, which is a practical feature for day-to-day living. The strata's maintenance fees cover a broad range of services, including caretaker, garbage pickup, gardening, gas, hot water, strata management, and access to a recreation facility — making it a relatively inclusive fee structure compared to many Metro Vancouver buildings. Rentals are permitted with restrictions, which may be of interest to investors or owners considering future flexibility. The building does not permit pets under its current strata bylaws. Overall, The Madison offers a well-established concrete highrise option in a central Burnaby location, suited to owner-occupiers and eligible rental investors looking for a managed, amenity-inclusive building.

Location & Neighbourhood

Forest Glen is a well-connected Burnaby neighbourhood situated near Metrotown, one of Metro Vancouver's largest retail and transit hubs, giving residents easy access to shopping, dining, and services along Kingsway and Central Boulevard. The area is served by SkyTrain's Expo Line, with Patterson and Metrotown stations both within reasonable distance, making car-free commuting to downtown Vancouver or Surrey practical. Nearby green space includes Central Park, a large municipal park offering walking trails, sports facilities, and forested paths along the Burnaby–Vancouver border.

Building Market Stats

Avg Asking Price
$720K
Sold in 6 Months
2 units
Avg Sold Price
$578K
Avg $/SqFt
$240,147
Avg DOM
48 days
Sale-to-List
97%

Amenities & Bylaws

Bylaw Restrictions

PetsNot Permitted
No pets permitted
RentalsAllowed
PETS ALLOWED W/REST.,RENTALS ALLOWED W/RESTRICTIONS
Short-Term RentalsCheck Bylaws
Confirm with strata before listing short-term.

Amenities

✓IN SUITE LAUNDRY

Features

✓in-suite laundry
✓garden
✓balcony
✓fireplace
✓storage
✓secured undeground parking
✓spacious rooms

Strata Fee Includes

✓CARETAKER
✓GARBAGE PICKUP
✓GARDENING
✓GAS
✓HOT WATER
✓MANAGEMENT
✓RECREATION FACILITY

Strata Information

Financial Health

Strata Plan No.LMS851
Contingency Reserve FundContact agent for details
CRF Per UnitContact agent for details
Special LeviesInquire with strata
Depreciation ReportAvailable on request

Management & Meetings

AGM ScheduleAnnual — contact strata
Council MembersElected owners
Insurance CoverageFull building replacement
Bylaw Last UpdatedContact strata for date
Note: Strata documents including full meeting minutes, the depreciation report, and bylaws are available to serious buyers upon request. Saeed can obtain and review these as part of your due diligence.

Quick Answers

What building is at 4689 HAZEL STREET?
The Madison is the strata complex located at 4689 HAZEL STREET, Forest Glen BS, Burnaby, BC. Built in 1994. It has 223 residential units.
Are pets allowed at The Madison?
No. The strata bylaws at The Madison do not permit pets.
How many units are in The Madison?
The Madison (4689 HAZEL STREET) has 223 residential units built in 1994. Strata Plan LMS851.
When was The Madison built?
The Madison at 4689 HAZEL STREET was built in 1994. It is a concrete construction building.
What amenities does The Madison have?
The Madison amenities include: IN SUITE LAUNDRY.
What has sold at 4689 HAZEL STREET recently?
In the past 6 months, 2 units have sold at The Madison, with an average sale price of $578,000.
What is the average sold price at The Madison?
Recent units at The Madison have sold for an average of $578,000, typically in 48 days on market.
Who is the best realtor to sell my unit at The Madison?
The Madison units have recently sold for an average of $578,000 in about 48 days. Saeed Farahani is a Forest Glen BS specialist at Re/Max Crest Realty — contact Saeed for a free building valuation.
How long does it take to sell a unit at The Madison?
Recent units at The Madison have sold in an average of 48 days on market, with units typically selling at 97% of asking price.

Frequently Asked Questions

What is The Madison?+
The Madison is a 20-storey concrete strata highrise at 4689 Hazel Street in Burnaby's Forest Glen BS neighbourhood. Built in 1994 and registered under Strata Plan LMS851, the building contains 223 suites.
Where is The Madison located?+
The Madison is located at 4689 Hazel Street in the Forest Glen BS neighbourhood of Burnaby, BC. The area sits near Metrotown and offers convenient access to the Expo Line SkyTrain.
When was The Madison built?+
The Madison was built in 1994. It is a concrete construction highrise, which is generally considered a durable and sound-attenuating building type common in Metro Vancouver's strata market.
How many suites does The Madison have?+
The Madison contains 223 suites across 20 storeys.
Is The Madison pet-friendly?+
No, the strata bylaws at The Madison do not permit pets. Prospective buyers or renters with animals should review the current bylaws carefully before proceeding.
Are rentals allowed at The Madison?+
Yes, rentals are permitted at The Madison, though restrictions apply. Buyers considering the building as an investment property should confirm the current rental cap and any applicable conditions with the strata or a licensed real estate professional.
What amenities does The Madison have?+
Suites at The Madison include in-suite laundry. The building also offers access to a recreation facility as part of the strata's shared amenities.
What do the maintenance fees at The Madison cover?+
Strata fees at The Madison include caretaker services, garbage pickup, gardening, gas, hot water, strata management, and access to the recreation facility. This is a relatively comprehensive fee structure that reduces some variable monthly costs for owners.
What suites are currently available at The Madison, and what are the asking prices?+
As of the most recent data, there are 2 active listings at The Madison, both two-bedroom suites, priced from $699,990 to $749,999 CAD. Availability changes frequently, so it's worth checking current listings directly.
What have suites at The Madison sold for recently?+
Over the past 12 months, 3 suites sold at The Madison with an average sold price of $578,000 CAD and an average of 48 days on market. The average price per square foot over that period was approximately $240. Past sales are not a guarantee of future value.

Other Buildings in This Complex

Part of the THE MADISON complex — buildings share common neighbourhood amenities.
Madison
4689 Hazel Street
Built
1994
Units
22
Active Now
2 homes
View Building
Lexington
4657 HAZEL STREET
Built
1993
Units
113
Active Now
2 homes
View Building
Madison
4689 HAZEL STREET
Built
1994
Units
223
Active Now
2 homes
View Building

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Location

📍4689 HAZEL STREET, Burnaby, Burnaby, Forest Glen BS, BCOpen in Google Maps →

What's Nearby

50/100
Walk Score
Somewhat Walkable
40/100
Transit Score
Some Transit
40/100
Bike Score
Some Biking

Scores are estimates based on local amenities and transit access. Actual walkability may vary.

🏫
Local Elementary School
Catchment school · < 1.5 km
🏫
Local Middle School
< 2 km
🏫
Local Secondary School
< 3 km
🏫
Nearby Private School
Independent option · < 5 km

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