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.

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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Location

Maggie Chan
Sutton Group - West Coast Realty
#100 - 801 Marine Drive, North Vancouver, BC
Office: 6049869321
Mobile: 6049612266
Fax: 6049869122

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