Courtesy of Michelle Wong PREC*/Stilhavn Real Estate Services

407 8120 COLONIAL DRIVE, Condo for sale in Richmond Richmond , BC , V7C 4V2

 MLS® # R3004514

2 bedrooms

1 bathrooms

687 sqft

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Days on Market

Caretaker Trash Maintenance Grounds Management Recreation Facilities

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 an...

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Essential Information

  • MLS® #
    R3004514
  • Full Baths
    1
  • Year Built
    1977
  • Property Type
    Multi Family
    Residential Attached
  • Building Type
    Apartment/Condo
  • MLS® #
    R3004514
  • Full Baths
    1
  • Year Built
    1977
  • Property Type
    Multi Family, Residential Attached
  • Building Type
    Apartment/Condo
  • MLS® #
    R3004514
  • Full Baths
    1
  • Year Built
    1977
  • Property Type
    Multi Family
    Residential Attached
  • Building Type
    Apartment/Condo

Community Information

  • Area
    Richmond
  • Sub-Area/Community
    Boyd Park
  • Postal Code
    V7C 4V2
  • Area
    Richmond
  • Sub-Area/Community
    Boyd Park
  • Postal Code
    V7C 4V2
  • Area
    Richmond
  • Sub-Area/Community
    Boyd Park
  • Postal Code
    V7C 4V2

Services & Amenities

  • Amenities
    Caretaker
    Trash
    Maintenance Grounds
    Management
    Recreation Facilities
  • Amenities
    Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities
  • Amenities
    Caretaker
    Trash
    Maintenance Grounds
    Management
    Recreation Facilities

Interior

  • Basement
    false
  • Storeys
    1
  • Floor Area Fin - Main Flr
    687
  • Floor Area - Grand Total
    687
  • Basement
    false
  • Storeys
    1
  • Floor Area Fin - Main Flr
    687
  • Floor Area - Grand Total
    687
  • Basement
    false
  • Storeys
    1
  • Floor Area Fin - Main Flr
    687
  • Floor Area - Grand Total
    687

Additional Info

  • Strata Maintenance Fees
    388.42
  • Title
    Freehold Strata
  • Site Influences
    false
  • Strata Maintenance Fees
    388.42
  • Title
    Freehold Strata
  • Site Influences
    false
  • Strata Maintenance Fees
    388.42
  • Title
    Freehold Strata
  • Site Influences
    false

$449,000

407 8120 COLONIAL DRIVE

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$2045/month
Est. Monthly Payment
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