Data was last updated 2025-05-20 at 18:24:57 GMT
$449,000

407 8120 Colonial Drive   Richmond, British Columbia

MLS®: R3004514
URL:    
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.
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.

Listing Information

Prop. Type:
Apartment/Condo
Status:
Active
Condo/HOA Fee:
$388.42
City:
Richmond
Bedrooms:
2
Full Bathrooms:
1
Neighborhood:
Boyd Park
Area:
Richmond
Province:
British Columbia
MLS® Number:
R3004514
Listing Price:
$449,000
Taxes:
$1,342

General Information

Year Built:
1977
Total Square Feet:
687ft2

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This property is listed by Stilhavn Real Estate Services and provided here courtesy of Maggie Chan. For more information or to schedule a viewing please contact Maggie Chan.
Maggie Chan
Sutton Group - West Coast Realty
Phone: 6049869321
Mobile Phone: 6049612266
Inquire Via Email
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