For Sale · Richmond · Single Family

$375,000

413 8120 COLONIAL DRIVE, Richmond

Beds

Baths

690

Sq Ft

1977

Built

About This Home

The details.

$70,600 below gov't assessed value! Discover this quiet and bright Penthouse 2-bedroom 1 bath home at Cherry Tree Place, ideally located near schools, parks, and everyday conveniences. Overlooking the scenic Railway Greenway walking trail, this home offers a peaceful, nature-filled setting right outside your window. Inside, you'll find a functional and well-laid-out floor plan, complete with the convenience of in-suite laundry. With low maintenance fees, this property presents an excellent opportunity for first-time buyers or investors. Move in as-is or bring your renovation ideas to life-this home is a perfect canvas to create your own style and add value. Enjoy the ideal combination of comfort, location, and potential! (id:66635)

Summarizing the highlights...

MLS® R3121549Listing courtesy of Interlink RealtySee all units in this building View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Strata
Year built: 1977
Size: 690 sqft
Parking: 1 space
Strata fee: $390 / monthly
MLS number: R3121549
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

Track this home.

Write a note about this home

Location

Where it sits.

Open in full map search

Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$1,754

$300,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$1,754

Cash flow

-$1,754

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Richmond right now

737

Active listings

778

New this week

$1,049,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Richmond.

Household and demographic stats for Richmond, from the Statistics Canada 2021 Census.

209,937
Population (2021): 43.6
Median age: 81,080
Households: 2.6
Avg household size: 71.3%
Home ownership: $79,000
Median household income

Richmond neighbourhood guide Full census profile Richmond market trends

Source: Statistics Canada 2021 Census, Richmond, City (CY).

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

R M Grauer Elementary
public · elementary
380 m
des Navigateurs
public · elementary
590 m
J N Burnett Secondary
public · secondary
1.0 km
Hugh Boyd Secondary
public · secondary
1.1 km
Quilchena Elementary
public · elementary
1.2 km
James Gilmore Elementary
public · elementary
1.3 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Similar Homes

Nearby homes like this one.

Rental Market

Renting nearby.

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

Ask About This Home

Talk to a JULY advisor.

Interested in this home?

Book a viewing with a JULY advisor.

Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.