407 8120 Colonial Drive Richmond, British Columbia V7C 4V2
$449,000Maintenance,
$388.42 Monthly
Maintenance,
$388.42 MonthlyInvestor 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 square 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. (id:58554)
Property Details
| MLS® Number | R3004514 |
| Property Type | Single Family |
| Community Features | Pets Not Allowed, Rentals Allowed With Restrictions |
| Parking Space Total | 1 |
| Pool Type | Outdoor Pool |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 2 |
| Amenities | Laundry - In Suite |
| Constructed Date | 1977 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 687 Ft2 |
| Type | Apartment |
Land
| Acreage | No |
https://www.realtor.ca/real-estate/28337854/407-8120-colonial-drive-richmond
Contact Us
Contact us for more information
Michelle Wong
Personal Real Estate Corporation, Michelle & Paul
www.housegoals.ca/
36 East 5th Avenue
Vancouver, British Columbia V5T 1G8
Paul Y. Wong
Personal Real Estate Corporation, Michelle & Paul
paulwong.ca/
36 East 5th Avenue
Vancouver, British Columbia V5T 1G8
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May 25 2025 03:04:17
Greater Vancouver REALTORS®
Stilhavn Real Estate Services
