8120 Colonial DR #407 Open House Save Request In-Person Tour Request Virtual Tour
Richmond,BC V7C 4V2
OPEN HOUSE
Sat May 24, 2:00pm - 4:00pm
Key Details
Property Type Condo
Sub Type Apartment/Condo
Listing Status Active
Purchase Type For Sale
Square Footage 687 sqft
Price per Sqft $653
Subdivision Cherry Tree Place
MLS Listing ID R3004514
Bedrooms 2
Full Baths 1
Maintenance Fees $388
HOA Fees $388
HOA Y/N Yes
Year Built 1977
Property Sub-Type Apartment/Condo
Property Description
Investor Alert! Seize this exceptional investment opportunity with a Cap Rate of 4.2% in Richmond's desirable Boyd Park neighbourhood. This 2 bedroom + den, 1 bathroom condo offers 687 sq ft of well-designed living space, making it an ideal addition to any rental portfolio. Fantastic tenants and great monthly rent ($2275) on a long term lease (fixed until May 2027) equals piece of mind. Outdoor pool and well-maintained grounds provides added value. Strong rental demand in the area means low vacancy rates and long-term appreciation. Near the West Dyke Trail, IB Hugh Boyd Secondary and Safeway. One parking included. *some photos virtually staged* OPEN HOUSE SAT May 24th from 2-4pm.
Location
State BC
Community Boyd Park
Area Richmond
Zoning ZLR48
Rooms
Kitchen 1
Interior
Heating Baseboard,Electric
Laundry In Unit
Exterior
Exterior Feature Balcony
Pool Outdoor Pool
Utilities Available Electricity Connected,Natural Gas Connected,Water Connected
Amenities Available Caretaker,Trash,Maintenance Grounds,Management,Recreation Facilities
View Y/N No
Roof Type Asphalt
Total Parking Spaces 1
Garage No
Building
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer,Sanitary Sewer
Water Public
Others
Pets Allowed No
Restrictions Pets Not Allowed,Rentals Allwd w/Restrctns
Ownership Freehold Strata
Virtual Tour https://youtu.be/QQLx8UrWkBU