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407 8120 Colonial Drive Richmond, British Columbia V7C 4V2

2 Bedroom 1 Bathroom 687 sqft
Outdoor Pool Baseboard Heaters

$449,000

Maintenance,

$388.42 Monthly

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:58426)

Property Details

MLS® Number R3004514
Property Type Single Family
CommunityFeatures Pets Not Allowed, Rentals Allowed With Restrictions
ParkingSpaceTotal 1
PoolType Outdoor Pool

Building

BathroomTotal 1
BedroomsTotal 2
Amenities Laundry - In Suite
ConstructedDate 1977
HeatingFuel Electric
HeatingType Baseboard Heaters
SizeInterior 687 Sqft
Type Apartment

Land

Acreage No

https://www.realtor.ca/real-estate/28337854/407-8120-colonial-drive-richmond

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Michelle Wong
Personal Real Estate Corporation, Michelle & Paul


Stilhavn Real Estate Services
36 East 5th Avenue
Vancouver, British Columbia V5T 1G8

Paul Y. Wong
Personal Real Estate Corporation, Michelle & Paul


Stilhavn Real Estate Services
36 East 5th Avenue
Vancouver, British Columbia V5T 1G8