$399,900

401 8120 COLONIAL DRIVE

Richmond BC V7C 4V2 - Boyd Park
2 bd
1 ba
683 sqft
Built 1977

About This Property

Welcome to Cherry Tree Place! This beautifully renovated top-floor corner penthouse offers an abundance of natural light with its desirable east-facing exposure. The sellers have invested over $50,000 in quality renovations, move-in-ready home. This bright and quiet 2-bedroom, 1-bath residence features a functional open layout, in-suite laundry, and an…

Features

Elevator
Playground
Balcony
Underground
Shopping Nearby
Room measurements5 rooms
Living RoomMain · 10'6 × 12'
KitchenMain · 8' × 8'
Dining RoomMain · 8' × 10'6
Primary BedroomMain · 11' × 11'
BedroomMain · 9' × 10'

Property Details

MLS NumberR3152323
Property TypeApartment/Condo
Bedrooms2
Bathrooms1
Square Feet683
Year Built1977
Parking Spaces1
HeatingBaseboard
Strata Fee$427.3/mo
Days on Market40
StatusActive
Listed ByRE/MAX City Realty

School Catchment

Elementary Grauer
Secondary Boyd

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,500,000Median home value
$84,000Median household income
72.2%Owner-occupied
45.3%Single-detached homes
2.6Avg household size
47.6Median age
42.7%Bachelor's degree or higher (25-64)
59.4%Commute under 30 min
80%Drive to work
55.9%Foreign-born residents
6,618Neighbourhood population

Age

Under 15: 13%15 to 64: 64.7%65 and over: 22.3%
  • Under 1513%
  • 15 to 6464.7%
  • 65 and over22.3%

Household size

  • 1 person24.4%
  • 229.3%
  • 320.2%
  • 417%
  • 5 or more9.1%

Language spoken at home

38.2% English mother tongue

  • Mandarin18.4%
  • Cantonese16.8%
  • English + other5.5%
  • Tagalog4.8%
  • Japanese1.4%
  • Punjabi1.2%
  • All others13.7%

Mother tongue, share of 6,605 residents.

How this pocket differs

  • more Tagalog speakers than Richmond 4.8% vs 3.7%
  • fewer Cantonese speakers than Richmond 16.8% vs 21.5%
  • Median dwelling value is higher than Metro Vancouver $1,500,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $2,488
Mortgage payment$1,884
Strata fee$427
Property tax$132
Home insurance$45
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Sep 10

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