407 - 8120 Colonial Drive

407 - 8120 Colonial Drive
407 - 8120 Colonial Drive
407 - 8120 Colonial Drive
+25
2
 bed
1
 bath
1
 parking
687
 sqft
Condo Apt
* This unit size is calculated from property.ca data
$449,000
For Sale
23 hours
 on site
$449,000
* This unit size is calculated from property.ca data
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Maintenance fees
$388.42
Locker
None
Exposure
-
Possession
-
Price per sqft
$654
Taxes
$1,342.17 (2024)
Outdoor space
-
Age of building
48 years old
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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.
Broker: Stilhavn Real Estate Services
MLS®#: R3004514
Open House Times
Saturday, May 24th
2:00pm - 4:00pm
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Property details
Parking:
Yes
Parking type:
Surface
Property type:
Condo Apt
Heating type:
Baseboard,
Style:
Apartment/Condo
Ensuite laundry:
No
MLS Size:
687 sqft
Listed on:
May 20, 2025
Show all details
Rooms
NameSizeFeatures
Primary Bedroom
9.17 x 11.92 ft
Bedroom
7.17 x 10.92 ft
Living Room
10.00 x 10.67 ft
Show all
Instant estimate:
orto view instant estimate
$13,992
higher than listed price
i
High
$482,047
Mid
$462,992
Low
$448,141
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Included in Maintenance Fees

Garbage Pickup
Gardening
Management
Recreation Facility
311 - 8120 Colonial Drive
1/4
$449,900
83 days
311 - 8120 Colonial Drive
2BD
1BA
1 Parking
683 sqft
Maint. Fee $388
MLS#: R2971464
RE/MAX Westcoast
83 days
216 - 6651 Lynas Lane
1/9
$399,000
85 days
216 - 6651 Lynas Lane
1BD
1BA
1 Parking
700 sqft
Maint. Fee $479
MLS#: R2971163
Parallel 49 Realty
85 days
214 - 7591 Moffatt Road
1/23
$479,000
50 days
214 - 7591 Moffatt Road
1BD
1BA
1 Parking
635 sqft
Maint. Fee $357
MLS#: R2983729
Keller Williams Ocean Realty VanCentral
50 days
228 - 3451 Springfield Drive
1/25
$480,000
77 days
228 - 3451 Springfield Drive
1BD
1BA
1 Parking
718 sqft
Maint. Fee $383
MLS#: R2973271
Maple Supreme Realty Inc.
77 days

About 407 - 8120 Colonial Drive

Located at 407 - 8120 Colonial Drive, this Richmond condo is available for sale. 407 - 8120 Colonial Drive has an asking price of $449000, and has been on the market since May 2025. This condo has 2 beds, 1 bathroom and is 687 sqft. 407 - 8120 Colonial Drive resides in the Richmond Thompson | Seafair | Blundell neighbourhood, and nearby areas include Steveston, City Centre | Brighouse, Broadmoor | Shellmont | Gilmore and West Cambie.

Groceries can be found at Charles Magic Dessert which is not far and you'll find West Richmond Dental Centre only a 9 minute walk as well. Love being outside? Look no further than Park, which is nearby.

If you are reliant on transit, don't fear, 8120 Colonial Dr, Richmond has a public transit Bus Stop (Northbound Railway Ave @ Colbeck Rd) a short distance away. It also has route Richmond Brighouse Station/steveston close by.

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association.