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$ 449,000
Est. payment /mo
Open Sat 2PM-4PM
8120 COLONIAL DR #407 Richmond, BC V7C4V2
2 Beds
1 Bath
687 SqFt
OPEN HOUSE
Sat May 24, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Condo
Sub Type Strata
Listing Status Active
Purchase Type For Sale
Square Footage 687 sqft
Price per Sqft $653
MLS® Listing ID R3004514
Bedrooms 2
Condo Fees $388/mo
Year Built 1977
Property Sub-Type Strata
Source Greater Vancouver REALTORS®
Property 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 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:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Exterior
Parking Features No
Community Features Pets not Allowed, Rentals Allowed With Restrictions
View Y/N No
Total Parking Spaces 1
Private Pool Yes
Others
Ownership Strata
Virtual Tour https://youtu.be/QQLx8UrWkBU
Listed by Stilhavn Real Estate Services