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Listed by Stilhavn Real Estate Services

$449,000

Est. payment - /mo

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2 Beds

1 Bath

687 SqFt

Pending

8120 Colonial DR #407 Richmond, BC V7C 4V2

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Andrew F Fields

team@adamlloyd.ca +1(778) 200-3576

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Key Details

Property Type Condo

Sub Type Apartment/Condo

Listing Status Pending

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

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

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

REBGV/FVREB/Chilliwack/BC Northern (Residential VOW)

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Andrew F Fields

+1(778) 200-3576

8120 Colonial DR #407 Richmond, BC V7C 4V2

Andrew F Fields

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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8120 Colonial DR #407

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