407 - 8120 Colonial Drive, Boyd Park, Richmond

Key facts
Beds
2
Baths
1
Living area
687 sqft
$ / sqft
Login
Strata fee
$388/mo
Year built
1977
Property tax
$1,342/yr
MLS®
R3004514

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*

Building Snapshot — Cherry Tree Place

3 other homes for sale in this building — see the full picture →

Year Built: 1980
Total Units: 84
Strata Plan: NWS917
Pet Policy: Dogs & Cats Allowed
Amenities: IN SUITE LAUNDRY, POOL; OUTDOOR
3
Active Listings
$374,967
Avg Ask
$601/sqft
Avg Ask $/sqft

See all suites & sold prices in this building →

Strata ByLaws

svg_pet
Animals
Pets Not Allowed

History

About Boyd Park, Richmond — Condos Market

Over the past 12 months, 20 condos have sold in Boyd Park, Richmond, with properties spending an average of 33 days on market. Sign in to view sold price data.

There are currently 16 other condos for sale in Boyd Park. Browse all Boyd Park condos for sale.

16
Active Listings
20
Sold (12 Mo)
33
Avg Days on Market

Amenities

Caretaker Trash Maintenance Grounds Management Recreation Facilities Balcony In Unit Outdoor Pool

Site Influences

Balcony

Property Information

MLS® # R3004514
Property Type Apartment
Dwelling Type Apartment Unit
Home Style Multi Family,Residential Attached
Kitchens 1
Year Built 1977
Parking Open
Tax $1,342 in 2024
Strata No NWS917
Postal Code V7C 4V2
Complex Name Cherry Tree Place
Strata Fees $388
Address 407 - 8120 Colonial Drive
Subarea Boyd Park
City Richmond
Listed By Stilhavn Real Estate Services

Floor Area (sq. ft.)

Main Floor 687
Above 687
Total 687

Building

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
06/25/2026

203 9320 Parksville Drive

2 1 1 $450,000 Login to View 71 1 1978 868 sqft N/A
06/09/2026

209 9300 Parksville Drive

2 1 1 $467,900 Login to View 87 1 1977 876 sqft N/A
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
05/28/2025 This Property 2 1 1 Login to View Login to View Login to View 8 1 1977 687 sqft N/A
06/16/2026

111 8740 No. 1 Road

2 2 1 $559,000 $553,000 (-1.1%) Login to View 50 1 1975 1,010 sqft N/A
05/27/2026

203 8840 No. 1 Road

2 2 1 $528,000 $507,000 (-4.0%) Login to View 8 1 1973 930 sqft N/A
05/13/2026

405 9300 Parksville Drive

1 1 1 $372,000 $365,000 (-1.9%) Login to View 14 1 1977 673 sqft N/A
05/13/2026

322 8880 No. 1 Road

3 2 1 $619,900 $600,000 (-3.2%) Login to View 36 1 1973 1,177 sqft N/A
05/07/2026

215 8720 No. 1 Road

2 1 1 $459,000 $450,000 (-2.0%) Login to View 16 1 1976 950 sqft N/A
04/09/2026

114 8720 No. 1 Road

2 2 1 $509,900 $487,500 (-4.4%) Login to View 63 1 1973 960 sqft N/A
04/08/2026

207 8840 No 1 Road

2 2 1 $519,900 $507,500 (-2.4%) Login to View 57 1 1973 961 sqft N/A
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
12 hours ago

510 9320 Parksville Drive

2 1 1 $419,000 Login to View 1 1 1977 817 sqft N/A
3 days ago

413 8120 Colonial Drive

2 1 1 $365,000 Login to View 3 1 1977 690 sqft N/A
1 week ago

207 8740 No. 1 Road

3 2 1 $634,999 Login to View 11 1 1975 1,182 sqft N/A
2 weeks ago

209 8860 No. 1 Road

3 2 1 $649,000 Login to View 15 1 1973 1,158 sqft N/A
2 weeks ago

20 8288 No.1 Road

3 3 1 $1,338,000 Login to View 17 2 2017 1,377 sqft N/A
2 weeks ago

108 8860 No. 1 Road

3 2 1 $629,900 Login to View 18 1 1973 1,159 sqft N/A
3 weeks ago

4128 Peterson Drive

5 4 2 $2,388,000 Login to View 28 2 2015 4,008 sqft 5,658 sqft
1 month ago

4237 Candlewood Drive

5 3 1 $1,688,000 Login to View 31 2 1979 2,937 sqft 7,020 sqft
1 month ago

401 8120 Colonial Drive

2 1 1 $399,900 Login to View 31 1 1977 683 sqft N/A
1 month ago

8 4191 Williams Road

4 3 1 $1,238,000 Login to View 42 2 2005 1,538 sqft N/A
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
12 hours ago

302 5800 Cooney Road

2 1 1 $488,000 Login to View 1 1 1981 970 sqft N/A
12 hours ago

510 9320 Parksville Drive

2 1 1 $419,000 Login to View 1 1 1977 817 sqft N/A
3 days ago

413 8120 Colonial Drive

2 1 1 $365,000 Login to View 3 1 1977 690 sqft N/A
1 week ago

103 8060 Ryan Road

2 1 1 $215,000 Login to View 10 0 1973 928 sqft N/A
1 week ago

201 7200 Lindsay Road

2 1 1 $208,000 Login to View 11 1 1972 834 sqft N/A
1 week ago

301 7411 Minoru Boulevard

2 1 1 $422,800 Login to View 11 1 1982 922 sqft N/A
1 week ago

211 8400 Lansdowne Road

2 1 1 $423,800 Login to View 11 1 1982 928 sqft N/A
2 weeks ago

306 7200 Lindsay Road

2 1 1 $220,000 Login to View 18 1 1975 812 sqft N/A
2 weeks ago

230 8460 Ackroyd Road

2 1 1 $415,000 Login to View 18 1 1982 785 sqft N/A
2 weeks ago

240 7293 Moffatt Road

2 1 1 $429,000 Login to View 23 1 1981 961 sqft N/A

Condo for Sale in Boyd Park, Richmond

Condo in Boyd Park, Richmond. This 2 bedroom, 1 bathroom condo offers 687 sq ft of living space ($626/sq ft) and was built in 1977. Home style: Multi Family,residential Attached. Parking: Open. Outdoor: Balcony. Building amenities include Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities, Balcony. Strata bylaws: Pets Not Allowed. Monthly strata fees are $388. Annual property taxes: $1,342 (2024). Listed by Stilhavn Real Estate Services — MLS® #R3004514. Located in Cherry Tree Place in Boyd Park, Richmond.

Frequently Asked Questions About 407 - 8120 Colonial Drive

Common questions buyers ask about this listing:

What year was this home built in?

407 - 8120 Colonial Drive, Richmond, V7C 4V2 was built in 1977.

How long has this property been listed for?

407 - 8120 Colonial Drive, Richmond, V7C 4V2 was listed on 05/20/2025 by Stilhavn Real Estate Services.

Is there a basement in this home?

None.

How many bedrooms does this condo have?

407 - 8120 Colonial Drive, Richmond, V7C 4V2 is a 2 bedroom, 1 bathroom condo with 687 sq ft of living space.

What is the square footage of this condo?

407 - 8120 Colonial Drive, Richmond, V7C 4V2 has 687 sq ft of living space.

What are the strata fees at this condo?

The monthly strata (maintenance) fees at 407 - 8120 Colonial Drive, Richmond, V7C 4V2 are $388.

Are pets allowed at this condo?

Pets are not allowed at 407 - 8120 Colonial Drive, Richmond, V7C 4V2.

What is the MLS® number for this condo?

The MLS® number for 407 - 8120 Colonial Drive, Richmond, V7C 4V2 is R3004514.

What neighbourhood is this condo in?

407 - 8120 Colonial Drive, Richmond, V7C 4V2 is located in the Boyd Park neighbourhood of Richmond, BC.

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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of BC Condos & Homes - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC

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