407 - 8120 Colonial Drive, Boyd Park, Richmond, V7C 4V2
1 Bath · MLS: R3004514
Details
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*
Strata ByLaws
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 37 days on market. Sign in to view sold price data.
There are currently 11 other condos for sale in Boyd Park. Browse all Boyd Park condos for sale.
Amenities
Site Influences
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 |
Location
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 06/02/2026 | 510 9320 Parksville Drive |
2 | 1 | 1 | $469,000 | Login to View | 3 | 1 | 1977 | 817 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 |
| 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 |
| 02/25/2026 | 102 4111 Francis Road |
2 | 2 | 1 | $550,000 | $540,000 (-1.8%) | Login to View | 35 | 0 | 1974 | 946 sqft | N/A |
| 02/08/2026 | 225 8860 No. 1 Road |
2 | 2 | 1 | $539,000 | $515,000 (-4.5%) | Login to View | 22 | 1 | 1973 | 968 sqft | N/A |
| 02/03/2026 | 209 8720 No. 1 Road |
2 | 2 | 1 | $599,900 | $585,000 (-2.5%) | Login to View | 25 | 1 | 1973 | 955 sqft | N/A |
| 01/20/2026 | 402 9300 Parksville Drive |
2 | 1 | 1 | $499,900 | $483,000 (-3.4%) | Login to View | 82 | 1 | 1977 | 916 sqft | N/A |
| 01/16/2026 | 214 8860 No. 1 Road |
2 | 2 | 1 | $587,500 | $550,000 (-6.4%) | Login to View | 3 | 1 | 1973 | 929 sqft | N/A |
| 01/10/2026 | 218 8880 No. 1 Road |
2 | 2 | 1 | $499,900 | $499,000 (-0.2%) | Login to View | 2 | 1 | 1973 | 936 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 22 hours ago | 1 4200 Coldfall Road |
4 | 3 | 1 | $1,288,000 | Login to View | 2 | 2 | 1993 | 2,407 sqft | 4,600 sqft |
| 20 hours ago | 510 9320 Parksville Drive |
2 | 1 | 1 | $469,000 | Login to View | 3 | 1 | 1977 | 817 sqft | N/A |
| 1 week ago | 3 9080 Parksville Drive |
3 | 2 | 1 | $838,000 | Login to View | 10 | 2 | 1978 | 1,153 sqft | N/A |
| 1 week ago | 8155 Corless Place |
5 | 3 | 1 | $1,890,000 | Login to View | 11 | 2 | 1979 | 3,189 sqft | 7,728 sqft |
| 1 week ago | 4420 Waller Drive |
6 | 3 | 1 | $1,699,000 | Login to View | 11 | 2 | 1981 | 2,859 sqft | 4,605 sqft |
| 2 weeks ago | 8680 Citadel Crescent |
4 | 3 | 1 | $1,199,000 | Login to View | 16 | 2 | 1977 | 1,716 sqft | 4,000 sqft |
| 2 weeks ago | 4200 Coventry Drive |
3 | 3 | 1 | $1,499,000 | Login to View | 17 | 2 | 1977 | 2,576 sqft | 7,036 sqft |
| 2 weeks ago | 203 8840 No. 1 Road |
2 | 2 | 1 | $528,000 | Login to View | 17 | 1 | 1973 | 930 sqft | N/A |
| 3 weeks ago | 413 8120 Colonial Drive |
2 | 1 | 1 | $395,000 | Login to View | 28 | 1 | 1977 | 690 sqft | N/A |
| 4 weeks ago | 16 4411 Williams Road |
3 | 3 | 0 | $1,139,900 | Login to View | 29 | 2 | 1986 | 1,604 sqft | N/A |
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 hours ago | 510 9320 Parksville Drive |
2 | 1 | 1 | $469,000 | Login to View | 3 | 1 | 1977 | 817 sqft | N/A |
| 6 days ago | 103 5471 Arcadia Road |
2 | 1 | 1 | $459,900 | Login to View | 7 | 1 | 1981 | 949 sqft | N/A |
| 1 week ago | 218 8540 Citation Drive |
2 | 1 | 1 | $439,000 | Login to View | 9 | 1 | 1979 | 845 sqft | N/A |
| 1 week ago | 205 7240 Lindsay Road |
2 | 1 | 1 | $199,999 | Login to View | 11 | 1 | 1974 | 834 sqft | N/A |
| 1 week ago | 249 7471 Minoru Boulevard |
2 | 1 | 1 | $439,900 | Login to View | 14 | 1 | 1981 | 973 sqft | N/A |
| 2 weeks ago | 178 8160 Williams Road |
2 | 1 | 1 | $219,800 | Login to View | 17 | 1 | 1973 | 891 sqft | N/A |
| 2 weeks ago | 233 8460 Lansdowne Road |
2 | 1 | 1 | $439,999 | Login to View | 19 | 1 | 1981 | 916 sqft | N/A |
| 2 weeks ago | 102 6380 Buswell Street |
2 | 1 | 1 | $449,900 | Login to View | 22 | 1 | 1970 | 837 sqft | N/A |
| 3 weeks ago | 123 8700 Ackroyd Road |
2 | 1 | 1 | $469,000 | Login to View | 22 | 1 | 1981 | 908 sqft | N/A |
| 3 weeks ago | 413 8120 Colonial Drive |
2 | 1 | 1 | $395,000 | Login to View | 28 | 1 | 1977 | 690 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. Located in the Cherry Tree Place complex in Boyd Park, Richmond. 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.
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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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